NAICS code 523160: Commodity Contracts Intermediation

NAICS 523160 is “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.

Examples from the U.S. Census Bureau: Commodity contract trading companies; Commodity contracts brokerages; Commodity futures brokerages; and Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors).

Businesses mainly 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.

$41.5 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.

SIC codes 6221 (Commodity Contracts Brokers and Dealers), 6099 (Functions Related to Depository Banking, NEC, part) and 6799 (Investors, NEC, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).

523160 (Commodity contracts intermediation) on Schedule C, line B, from the IRS list of principal business codes.

Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 523160 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.