NAICS Code Description

523110 - Investment Banking and Securities Dealing

*Click to View Top Businesses by Revenue for 523110 – Complete Profiles*.

This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers.

Illustrative Examples:

Bond dealing (i.e., acting as a principal in dealing securities to investors)
Stock options dealing
Securities underwriting


Cross-References.

  • Establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling securities on a commission or transaction fee basis are classified in Industry 523120, Securities Brokerage; and
  • Investment clubs or individual investors primarily engaged in buying or selling financial contracts (e.g., securities) on their own account are classified in Industry 523910, Miscellaneous Intermediation.
2007
NAICS
2012
NAICS
2017
NAICS
Index Entries for 523110
523110523110523110Banking, investment
523110523110523110Bond dealing (i.e., acting as a principal in dealing securities to investors)
523110523110523110Commercial paper dealing (i.e., acting as a principal in dealing securities to investors)
523110523110523110Investment banking
523110523110523110Making markets for securities
523110523110523110Market making for securities
523110523110523110Paper, dealing of commercial (i.e., acting as principal in dealing securities to investors)
523110523110523110Securities dealers (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities dealing (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities distributing (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities floor traders (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities flotation companies
523110523110523110Securities originating (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities trading (i.e., acting as a principal in dealing securities to investors)
523110523110523110Securities underwriting
523110523110523110Stock options dealing (i.e., acting as a principal in dealing securities to investors)
523110523110523110Trading securities (i.e., acting as a principal in dealing securities to investors)
523110523110523110Underwriting securities

Top Businesses by Annual Sales for 523110 – Click for Complete Profiles:

Goldman Sachs & Co LLCNew YorkNY
Citigroup Global Markets HoldiNew YorkNY
Credit Suisse (usa) IncNew YorkNY
Riverside Partners LLCNew YorkNY
Ladenburg Thlmann Fncl Svcs InMiamiFL
Charlsbank Capitl Partners LLCBostonMA
Citigroup Financial ProductsNew YorkNY
Templeton Worldwide IncFort LauderdaleFL
Barclays Capital IncNew YorkNY
CIBC Delaware Holdings IncNew YorkNY