52391 Miscellaneous intermediation

What code 52391 includes

This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts, generally on a spread basis. Principals are investors that buy or sell for their own account. This industry also covers legal entities, often referred to as personal holding companies, set up primarily for the purpose of holding, in a generally passive manner, the wealth of an individual or a family.

Classification Hierarchy

• Sector 52 — Finance and insurance
• Subsector 523 — Securities, commodity contracts, and other financial investment and related activities
• Industry group 5239 — Other financial investment activities
• Industry 52391 — Miscellaneous intermediation