SIC Code 6099-04 Description (6-Digit)

Money brokers are companies that act as intermediaries between parties seeking to buy or sell financial instruments, such as currencies, securities, or commodities. They facilitate transactions by matching buyers and sellers and negotiating prices. Money brokers do not take positions in the instruments they trade, but instead earn commissions on the transactions they facilitate. Money brokers may specialize in a particular type of instrument or market, such as foreign exchange or derivatives.

Hierarchy Navigation for SIC 6-Digit Code 6099-04

Parent Code (less specific)

6099 - Functions Related to Depository Banking, Not Elsewhere Classified

Tools

Trading platforms
Market data feeds
Order management systems
Risk management software
Compliance monitoring tools
Communication systems (e.g. chat, email, phone)
Analytical tools (e.g. charts, graphs, technical indicators)
Electronic trading algorithms
News and research services
Settlement and clearing systems

Industry Examples of Money Brokers

Foreign exchange brokers
Securities brokers
Commodity brokers
Derivatives brokers
Interbank brokers
Energy brokers
Precious metals brokers
Fixed income brokers
Equity brokers
Options brokers

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