NAICS 3 Digit Subsector Code 523

Subsector 523

NAICS Subsector Code 523 – Securities, Commodity Contracts, and Other Financial Investments and Related Activities

Definition of NAICS 3 Digit Subsector Code 523: Industries in the Securities, Commodity Contracts, and Other Financial Investments and Related Activities subsector group establishments that are primarily engaged in one of the following:

  1. Underwriting securities issues and/or making markets for securities and commodities;
  2. Acting as agents (i.e., brokers) between buyers and sellers of securities and commodities;
  3. Providing securities and commodity exchange services; and
  4. Providing other services, such as managing portfolios of assets; providing investment advice; and trust, fiduciary, and custody services.

Three Digit Subsector Breakdown for the North American Industry Classification System

NAICS codes are broken down by digit. The broadest description starts with the 2 digit sector codes. The 3 digit subsector codes are more specific, then the 4 digit industry group, 5 digit industry, and the most specific is the 6 digit NAICS code. If NAICS Subsector 523 does not describe the industry of the business in question, then select the largest applicable code below. From there, follow the progression of smaller digits to the larger digits in order to obtain the most specific 6 digit classification.

  • 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
        • Industry 52311: Investment Banking and Securities Dealing
          • 6 Digit Code(s) NAICS 523110: Investment Banking and Securities Dealing
        • Industry 52312: Securities Brokerage
          • 6 Digit Code(s) NAICS 523120: Securities Brokerage
        • Industry 52313: Commodity Contracts Dealing
          • 6 Digit Code(s) NAICS 523130: Commodity Contracts Dealing
        • Industry 52314: Commodity Contracts Brokerage
          • 6 Digit Code(s) NAICS 523140: Commodity Contracts Brokerage
      • Industry Group 5232: Securities and Commodity Exchanges
        • Industry 52321: Securities and Commodity Exchanges
          • 6 Digit Code(s) NAICS 523210: Securities and Commodity Exchanges
      • Industry Group 5239: Other Financial Investment Activities
        • Industry 52391: Miscellaneous Intermediation
          • 6 Digit Code(s) NAICS 523910: Miscellaneous Intermediation
        • Industry 52392: Portfolio Management
          • 6 Digit Code(s) NAICS 523920: Portfolio Management
        • Industry 52393: Investment Advice
          • 6 Digit Code(s) NAICS 523930: Investment Advice
          • 6 Digit Code(s) NAICS 523991: Trust, Fiduciary, and Custody Activities
          • 6 Digit Code(s) NAICS 523999: Miscellaneous Financial Investment Activities

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NAICS 3 Digit Subsector Code 523