Commodity Contracts Intermediation

This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis, or acting as agents (i.e., brokers) in buying or selling spot or futures commodity contracts or options on a commission or transaction fee basis. Illustrative Examples: Commodity contract trading companies Commodity contracts brokerages Commodity futures brokerages Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)

Operating commodity or securities exchange clearinghouses (including virtual currency trading exchange clearinghouses)--are classified in U.S. Industry 523999, Miscellaneous Financial Investment Activities; and Reselling physical commodities--are classified in Sector 42, Wholesale Trade, or in Sector 44-45, Retail Trade.