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NAICS Code· 523130

NAICS 523130: Commodity Contracts Dealing

NAICS 523130 - Commodity Contracts Dealing covers the trading and brokerage of commodity contracts, including futures and options. This industry involves the facilitation of agreements to buy or sell specific quantities of commodities at predetermined prices, serving as a critical mechanism for hedging risk and managing price volatility.

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NAICS 523130 FAQ

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NAICS code 523130 stands for Commodity Contracts Dealing. It is a North American Industry Classification System code used by the federal government to classify business activity for procurement and contracting purposes.

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