NAICS Code 523210-03 - Commodity Exchanges

Marketing Level - NAICS 8-Digit

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  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
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  • Latitude / Longitude
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Looking for more companies? See NAICS 523210 - Securities and Commodity Exchanges - 187 companies, 8,241 emails.

NAICS Code 523210-03 Description (8-Digit)

Commodity Exchanges are marketplaces where various commodities such as agricultural products, metals, and energy are traded. These exchanges provide a platform for buyers and sellers to trade standardized contracts for commodities. The prices of these commodities are determined by the forces of supply and demand in the market. Commodity exchanges play a crucial role in the global economy as they provide a means for producers to sell their goods and for consumers to purchase them.

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 523210 page

Tools

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

  • Trading software
  • Market data feeds
  • Order management systems
  • Risk management software
  • Clearing and settlement systems
  • Trading algorithms
  • Price discovery tools
  • Market analysis tools
  • Trading simulators
  • Electronic trading platforms

Industry Examples of Commodity Exchanges

Common products and services typical of NAICS Code 523210-03, illustrating the main business activities and contributions to the market.

  • Crude oil
  • Gold
  • Wheat
  • Corn
  • Soybeans
  • Natural gas
  • Coffee
  • Sugar
  • Cotton
  • Copper
  • Silver
  • Platinum
  • Palladium
  • Aluminum
  • Zinc
  • Lead
  • Nickel
  • Iron ore
  • Cattle
  • Hogs

History

A concise historical narrative of NAICS Code 523210-03 covering global milestones and recent developments within the United States.

  • Commodity exchanges have been around for centuries, with the first recorded exchange established in Japan in the 17th century. The Chicago Board of Trade, established in 1848, is one of the oldest commodity exchanges in the United States. The exchange initially traded only agricultural commodities such as wheat and corn, but later expanded to include other commodities such as metals and energy. In recent years, the industry has seen significant advancements in technology, with the introduction of electronic trading platforms and the use of algorithms to execute trades. In 2020, the COVID-19 pandemic caused disruptions in the industry, with many exchanges closing their trading floors and moving to fully electronic trading.