SIC Code 6231-05 - Futures-Exchanges
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SIC Code 6231-05 Description (6-Digit)
Futures-Exchanges is a subdivision of the Security and Commodity Exchanges industry, which 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 such as oil, gold, and wheat, as well as financial instruments such as stock indexes and currencies. These exchanges play a crucial role in the global economy by providing a means for businesses to manage risk and for investors to speculate on future market movements.
Hierarchy Navigation for SIC 6-Digit Code 6231-05
Parent Code (less specific)
Tools
- 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
- Chicago Mercantile Exchange
- New York Mercantile Exchange
- Intercontinental Exchange
- Tokyo Commodity Exchange
- Eurex Exchange
- Shanghai Futures Exchange
- Dubai Gold and Commodities Exchange
- Multi Commodity Exchange of India
- Australian Securities Exchange Futures
- London Metal Exchange
SIC Code 6231-05 - Futures-Exchanges
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