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The Top500-Lexicon

The lexicon of the top500 ( The Encyclopedia for Classification Codes ) explains the codes and definitions in the world of economical classifications.

NAICS Code 523120 Securities Brokerage

The NAICS Code 523120 is described as
Securities Brokerage
  • Bond brokerages
  • Brokerages, securities
  • Certificate of deposit (CD) brokers' offices
  • Commercial note brokers' offices
  • Mutual fund agencies (i.e., brokerages)
  • Mutual fund agents' (i.e., brokers') offices
  • Securities brokerages
  • Securities brokers' offices
  • Securities floor brokers
  • Stock brokerages
  • Stock brokers' offices
  • Stock options brokerages

This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis.
Illustrative Examples:
Mutual fund agencies (i.e., brokerages)
Securities brokerages
Stock brokerages

Establishments primarily engaged in investment banking and securities dealing (i.e., buying or selling securities on their own account) are classified in Industry 523110, Investment Banking and Securities Dealing.


It belongs to the code group
NAICS Code 52312 Securities Brokerage

To this Code "523120" belongs the sub codes
(No direct sub codes available)

The equivalent ISIC Code (Rev. 3.1) is
6712: Security dealing activities
  Gestion de portefeuilles

The nearest NACE Code (Rev. 1.1) is
67.12: Effektenvermittlung und -verwaltung (ohne Effektenverwahrung) - Effektenvermittlung und -verwaltung (ohne Effektenverwahrung)
67.12: Security broking and fund management - Security broking and fund management
67.12: Gestion de portefeuilles
67.12: Attività di gestione di titoli e fondi comuni conto terzi
67.12: Actividades bursátiles por cuenta de terceros
67.12: Effectenhandel en vermogensbeheer
67.12: BĒrsmæglervirksomhed

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
523120: Securities Brokerage

Alternative Spellings (synonyms): Brokerages
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