FOLIO Ontology

Commodity Contracts Intermediation

IRI:
https://folio.openlegalstandard.org/Q64521H6S9uKAziGv5ERjQ
Preferred Label N/A
Alternative Labels

None

Definition

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.

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)

Class Relationships

Is Defined By

https://www.naics.com/six-digit-naics/?code=523160

See Also

None

Children 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available