NAICS Code 523110 Investment Banking and Securities Dealing

Industry

Finance and Insurance

Description

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.

Cross References

Establishments primarily engaged in
  • 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 523120, Securities Brokerage
  • Investment clubs or individual investors primarily engaged in buying or selling financial contracts (e.g., securities) on their own account are classified in Industry 523910, Miscellaneous Intermediation.

Illustrative Examples

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

Industries Included

  • 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 Leaders

Free Business Search - NAICS 523110

Industry Overview

Total Companies:410

Est. Employment:8342