523130

Commodity Contracts Dealing

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. Cross-References. Establishments primarily engaged in--

["Acting as agents (i.e., brokers) in buying or selling spot or futures commodity contracts on a commission or transaction fee basis--are classified in Industry 523140, Commodity Contracts Brokerage; and","Buying and selling physical commodities for resale to other than the general public--are classified in Sector 42, Wholesale Trade."]