• HSBC

ABU DHABI SECURITIES MARKET

Po Box 4100
Ras Al Khaimah
United Arab Emirates
+971(7)2277000
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Business Activities

Stock and Bond Brokers
Commodity Brokers
Investment Companies and Advisors

Industry Classifications - NAICS

Tools and Options

Detailed Description of Industry Classifications

Wholesale Trade Agents and Brokers

NAICS #42512 | This industry comprises wholesale trade agents and brokers acting on behalf of buyers or sellers in the wholesale distribution of goods. Agents and brokers do not take title to the goods being sold but rather receive a commission or fee for their service. Agents and brokers for all durable and nondurable goods are included in this industry. Establishments acting in the capacity of agents or brokers that operate using the Internet or other electronic means instead of a sales force are classified in Industry 425110, Business to Business Electronic Markets.

Investment Banking and Securities Dealing

NAICS #52311 | 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. 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.

Commodity Contracts Brokerage

NAICS #52314 | This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling spot or future commodity contracts or options on a commission or transaction fee basis. Acting as principals in buying or selling spot or futures commodity contracts generally on a spread basis--are classified in Industry 523130, Commodity Contracts Dealing; and Buying and selling physical commodities for resale to other than the general public--are classified in Sector 42, Wholesale Trade.

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