code | industry | title | description | crossReferences | activities |
---|---|---|---|---|---|
523910 | Miscellaneous Intermediation | Miscellaneous Intermediation | This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account.
Illustrative Examples:
Investment clubs
Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
Venture capital companies
Cross-References. | ["Establishments primarily engaged in investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage."] | View relation |