NAICS Code 523160-05 - Commodity Brokers

Marketing Level - NAICS 8-Digit

Business Lists and Databases Available for Marketing and Research

Total Verified Companies: 435
Contact Emails: 4,746
Company Websites: 270
Phone Numbers: 377
Business Addresses: 435
Companies with Email: 290
Get Business List
NAICS CODE 523160-05
Reach new customers, connect with decision makers, and grow your business.
Pricing from $0.05 to $0.25 per lead
Ideal for: Direct Mailing Email Campaigns Calling Market Research ‐ Free Sample & Report, Custom Lists, and Expert Support — All Included
Looking for more companies? See NAICS 523160 - Commodity Contracts Intermediation - 857 companies, 7,394 emails.

NAICS Code 523160-05 Description (8-Digit)

Commodity brokers are professionals who act as intermediaries between buyers and sellers of commodities such as agricultural products, metals, and energy. They facilitate the buying and selling of these commodities on behalf of their clients, which can include individuals, corporations, and governments. Commodity brokers must have a deep understanding of the commodities they deal with, as well as the markets in which they are traded. They provide valuable advice to their clients on market trends, pricing, and risk management strategies.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 523160 page

Tools

Tools commonly used in the Commodity Brokers industry for day-to-day tasks and operations.

  • Trading software platforms
  • Market data analysis tools
  • Risk management software
  • Financial news and analysis services
  • Electronic trading platforms
  • Order management systems
  • Trading algorithms
  • Technical analysis tools
  • Fundamental analysis tools
  • Trading simulators

Industry Examples of Commodity Brokers

Common products and services typical of NAICS Code 523160-05, illustrating the main business activities and contributions to the market.

  • Agricultural products trading
  • Energy commodities trading
  • Metal commodities trading
  • Precious metals trading
  • Futures trading
  • Options trading
  • Derivatives trading
  • Commodity hedging
  • Commodity investment
  • Commodity risk management

History

A concise historical narrative of NAICS Code 523160-05 covering global milestones and recent developments within the United States.

  • The Commodity Brokers industry has a long history dating back to the 19th century when the Chicago Board of Trade was established in 1848. The industry has since grown to become a vital part of the global economy, facilitating the trade of commodities such as oil, gold, and agricultural products. Notable advancements in the industry include the introduction of electronic trading platforms in the 1990s, which revolutionized the way commodities are traded. In recent years, the industry has faced challenges such as increased regulation and the rise of alternative investment options, but it continues to play a crucial role in the global economy. In the United States, the Commodity Brokers industry has a rich history dating back to the early 20th century when the New York Mercantile Exchange was established in 1922. The industry has since grown to include a wide range of commodities such as energy, metals, and agricultural products. In recent years, the industry has faced challenges such as increased competition from alternative investment options and the impact of global economic events such as the COVID-19 pandemic. Despite these challenges, the industry remains an important part of the US economy, facilitating the trade of commodities both domestically and internationally.