Powered by LevrNAICS 523210: Securities and commodity exchanges
NAICS 523210 is the industry code for securities and commodity exchanges. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 523210 covers
Securities and commodity exchanges provide marketplaces for trading securities and commodities. Alternative trading systems are included.
Included in this code
- Stock exchanges
- Commodity exchanges
- Alternative trading systems
Not this code
- Broker dealers: see 523150 Investment banking and securities intermediation
- Commodity brokers: see 523160 Commodity contracts intermediation
Businesses that use 523210
Financing for this trade
Exchanges and trading systems fund growth with equity, corporate bonds and bank facilities. Lenders look at trading volumes, fee income and technology spending.
Apply for funding with AIIs 523210 the right code for a securities exchange?
Yes, if you operate an exchange or trading system. Brokers use 523150. Owners in this trade most often weigh it against 523150 (investment banking and securities intermediation) and 523160 (commodity contracts intermediation). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 523210?
The SBA size standard for 523210 is $47M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A securities exchange at or below that figure counts as small for federal small business contracts and other SBA size determinations, although lending and passive investment businesses are generally not eligible for SBA 7(a) loans.
How are exchanges financed?
Exchanges use corporate bonds, bank facilities and equity. Lenders look at trading volumes and fee income. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 523210 cover?
Securities and commodity exchanges. Industry level code in NAICS 2022, under 52 Finance and insurance, 523 Securities, commodity contracts, and other financial investments and related activities, 5232 Securities and commodity exchanges, 52321 Securities and commodity exchanges.
What financing do NAICS 523210 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 523210?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.