NAICS 5 Digit Industry 52311

Industry 52311

NAICS 5  Digit Industry 52311 – Investment Banking and Securities Dealing

Definition of NAICS 5 Digit Industry 52311: See industry description for NAICS 523110 below.

Industry Description of NAICS Code 523110: This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers.

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Illustrative Examples of NAICS Industry 52311

What are some examples of this industry classification? The bulleted items below are illustrative examples of this 5-digit NAICS industry.

  • Bond dealing (i.e., acting as a principal in dealing securities to investors)
  • Stock option dealing
  • Securities underwriting

Cross-References for Industry 52311

What codes are similar to this industry that might be more applicable? The cross-reference guide below displays the codes that are similar to industry 52311. Please review to find the most applicable classification.

  • Establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling securities on a commission or transaction fee basis are classified in Industry NAICS 523120, Securities Brokerage; and
  • Investment clubs or individual investors primarily engaged in buying or selling financial contracts (e.g., securities) on their own account are classified in Industry NAICS 523910, Miscellaneous Intermediation.

Other Index Entries for NAICS 5-Digit Industry 52311

The North American Industry Classification System contains multiple index entries that are each descriptive of the same code. The bulleted list below shows all applicable index entries (Current and former) that are associated with industry 52311. These index entries further elaborate on the scope of applicable industries that have already been defined at the top of this page.

  • Banking, investment
  • Bond dealing (i.e., acting as a principal in dealing securities to investors)
  • Commercial paper dealing (i.e., acting as a principal in dealing securities to investors)
  • Investment banking
  • Making markets for securities
  • Market making for securities
  • Paper, dealing of commercial (i.e., acting as principal in dealing securities to investors)
  • Securities dealers (i.e., acting as a principal in dealing securities to investors)
  • Securities dealing (i.e., acting as a principal in dealing securities to investors)
  • Securities distributing (i.e., acting as a principal in dealing securities to investors)
  • Securities floor traders (i.e., acting as a principal in dealing securities to investors)
  • Securities flotation companies
  • Securities originating (i.e., acting as a principal in dealing securities to investors)
  • Securities trading (i.e., acting as a principal in dealing securities to investors)
  • Securities underwriting
  • Stock options dealing (i.e., acting as a principal in dealing securities to investors)
  • Trading securities (i.e., acting as a principal in dealing securities to investors)
  • Underwriting securities
Industry Breakdown for 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 (Where you are now), and the most specific is the 6 digit NAICS code. If the code on this page does not describe the industry of the business in question, then select the largest applicable code below. From there, follow through 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 (Current Page)
          • 6 Digit Code(s) NAICS 523110: Investment Banking and Securities Dealing

Other helpful NAICS Downloads

View the download page for the material below.

NAICS 5 Digit Industry 52311 | Class Codes