523910 Miscellaneous Intermediation
Overview
This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account.
Illustrative Examples:
Investment clubs
Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)
Venture capital companies
Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)
Top Organizations
Cross-References
- Investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering--are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage; and
- Managing the portfolio assets (i.e., funds) of others and/or providing customized investment advice--are classified in Industry 523940, Portfolio Management and Investment Advice.
Index Entries
| Individuals investing in financial contracts on own account |
| Investment clubs |
| Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors) |
| Mortgage dealers, buying and selling |
| Oil royalty dealing (i.e., acting as a principal in dealing royalties to investors) |
| Securities speculators for own account |
| Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors) |
| Venture capital companies |
| Viatical settlement companies |