The NAICS Code 523910 is described as
Miscellaneous Intermediation- Individuals investing in financial contracts on own account
- Investment clubs
- Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
- Miscellaneous Intermediation
- Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors)
- Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
- Venture capital companies
- Viatical settlement companies
Description
This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account.
Illustrative Examples:
Investment clubs
Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
Venture capital companies
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.
(2019-08-02)
It belongs to the code group
NAICS Code 52391 Miscellaneous Intermediation
To this Code "523910" belongs the sub codes
(No direct sub codes available)
The equivalent ISIC Code (Rev. 3.1) is
| 6592: |  Other credit granting |
| |  Autres activités de crédit |
The nearest NACE Code (Rev. 1.1) is
| 65.22: |  Spezialkreditinstitute - Spezialbanken |
| 65.22: | Other credit granting - Other credit granting |
| 65.22: | Autres activités de crédit |
| 65.22: |  Altre attività creditizie |
| 65.22: |  Otros tipos de actividades crediticias |
| 65.22: |  Overige kredietverstrekking |
| 65.22: |  Anden kreditformidling |
The equivalent CPC Code (Rev. 1.1) is
Translation of the Code description
| 523910: | Miscellaneous Intermediation |
(2019-08-02)
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