NAICS Code 52316 — Commodity Contracts Intermediation
NAICS Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It contains 1 direct sub-code.
| Code | 52316 |
|---|---|
| Title | Commodity Contracts Intermediation |
| Level | NAICS Industry (5-digit) |
| Edition | NAICS 2022 edition |
Official definition (2022 NAICS)
This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis, or acting as agents (i.e., brokers) in buying or selling spot or futures commodity contracts or options on a commission or transaction fee basis.
Illustrative Examples:
Commodity contract trading companies
Commodity contracts brokerages
Commodity futures brokerages
Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)
This national industry shares the official Census description of 523160.
Where 52316 sits in the hierarchy
| Level | Code | Title |
|---|---|---|
| Sector | 52 | Finance and Insurance |
| Subsector | 523 | Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
| Industry Group | 5231 | Securities and Commodity Contracts Intermediation and Brokerage |
| NAICS Industry | 52316 | Commodity Contracts Intermediation |
Codes under 52316
| Code | Title |
|---|---|
523160 | Commodity Contracts Intermediation |
Related NAICS Industry codes
52315— Investment Banking and Securities Intermediation
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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.