NAICS
523110 Investment Banking and Securities Dealing
Overview
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.
Examples
- Bond dealing (i.e., acting as a principal in dealing securities to investors)
- Stock option dealing
- Securities underwriting
Alternate descriptions
- Banking, investment
- Bond dealing (i.e., acting as a principal in dealing securities to investors)
- Commercial paper dealing (i.e., acting as a principal in dealing securities to investors)
- Investment banking
- Making markets for securities
- Market making for securities
- Paper, dealing of commercial (i.e., acting as principal in dealing securities to investors)
- Securities dealers (i.e., acting as a principal in dealing securities to investors)
- Securities dealing (i.e., acting as a principal in dealing securities to investors)
- Securities distributing (i.e., acting as a principal in dealing securities to investors)
- Securities floor traders (i.e., acting as a principal in dealing securities to investors)
- Securities flotation companies
- Securities originating (i.e., acting as a principal in dealing securities to investors)
- Securities trading (i.e., acting as a principal in dealing securities to investors)
- Securities underwriting
- Stock options dealing (i.e., acting as a principal in dealing securities to investors)
- Trading securities (i.e., acting as a principal in dealing securities to investors)
- Underwriting securities
Related NAICS
- 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.
Businesses
Top carriers
- Hartford Fire & Cas Grp
- Chubb Ltd Grp
- Travelers Grp
- Amtrust Ngh Grp
- The Hanover Ins Grp
- Zurich Ins Grp
Cross reference
Industry codes related to NAICS 523110: general liability, SIC, and state or NCCI class codes.
General Liability (GL)
61223 Buildings or Premises--Bank and Other Financial Institutions
SIC
6211 Security Brokers and Dealers
NCCI Class Code
8810 Clerical Office Employees NOC.
CA Class Code
8808 Banks
DE Class Code
0988 Bank
MI Class Code
8810 CLERICAL OFFICE EMP; DRAFTING EMP; BANK TELLERS; LIBRARY OR MUSEUM EMP
NJ Class Code
8810 Clerical Office Employees NOC.
NY Class Code
8810 Clerical Office Employees NOC.
PA Class Code
0988 Bank
TX Class Code
8810 Clerical Office Employees NOC.
Market report
No report available
