NAICS Code 523210-04 - Futures-Exchanges

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 523210 - Securities and Commodity Exchanges - 187 companies, 8,241 emails.

NAICS Code 523210-04 Description (8-Digit)

Futures-Exchanges is a subdivision of the Securities and Commodity Exchanges industry that involves the trading of futures contracts. Futures contracts are agreements to buy or sell a specific asset at a predetermined price and date in the future. Futures-Exchanges provide a platform for buyers and sellers to trade these contracts, which can include commodities, currencies, and financial instruments. The prices of these contracts are determined by supply and demand in the market, and are used by investors to hedge against price fluctuations or speculate on future market movements.

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 Futures-Exchanges industry for day-to-day tasks and operations.

  • Trading software platforms
  • Market data feeds
  • Order management systems
  • Risk management software
  • Clearing and settlement systems
  • Margin calculators
  • Trading algorithms
  • Options pricing models
  • Volatility indicators
  • Technical analysis tools

Industry Examples of Futures-Exchanges

Common products and services typical of NAICS Code 523210-04, illustrating the main business activities and contributions to the market.

  • Energy futures
  • Agricultural futures
  • Currency futures
  • Interest rate futures
  • Equity index futures
  • Metal futures
  • Bond futures
  • Commodity futures trading commission
  • Futures trading brokerage
  • Futures trading advisory services

History

A concise historical narrative of NAICS Code 523210-04 covering global milestones and recent developments within the United States.

  • The Futures-Exchanges industry has a long and rich history dating back to the 17th century when the first futures market was established in Japan. The industry has since grown to become a global phenomenon with notable advancements such as the establishment of the Chicago Board of Trade in 1848, which became the first futures exchange in the United States. The industry has also witnessed significant technological advancements, such as the introduction of electronic trading platforms in the 1990s, which revolutionized the way futures contracts are traded. In recent years, the industry has faced challenges such as increased regulation and competition from alternative investment products, but it continues to thrive as a vital component of the global financial system. In the United States, the Futures-Exchanges industry has a rich history that dates back to the 19th century. The industry has witnessed significant growth and development over the years, with notable advancements such as the establishment of the Chicago Mercantile Exchange in 1898, which became the first futures exchange to offer trading in agricultural commodities. The industry has also witnessed significant technological advancements, such as the introduction of electronic trading platforms in the 1990s, which have made trading more efficient and accessible. In recent years, the industry has faced challenges such as increased regulation and competition from alternative investment products, but it continues to play a vital role in the US economy as a key source of price discovery and risk management.