Class 6611 - Administration of financial markets
PSIC Class 6611 covers Administration of financial markets. Current child subclasses include Administration of Financial Markets. This four-digit layer is useful when comparing neighboring activities before landing on...
Child codes
These are the next codes most users should open after this hub page.
Nearby codes
Practical summary
Class 6611 sits in the PSIC 2019 hierarchy under K Financial and Insurance Activities > 66 Activities Auxiliary to Financial Service and Insurance Activities > 661 Activities auxiliary to financial service, except insurance and pension funding. This class usually fans out into more specific subclasses such as Administration of Financial Markets. It is the level people use when they already know the activity family but still need the exact five-digit match.
Where this code is used
This class is used when a business can already narrow the activity family and only needs to compare the final subclasses such as Administration of Financial Markets. It is the level most often checked before a five-digit decision is finalized.
How to choose it
Use this class to choose between its final subclasses such as Administration of Financial Markets. If two options look close, compare the exact activity, the outputs and the way the business actually earns revenue.
Official note
Source-backed description
This class includes the operation and supervision of financial markets other than by public authorities, such as: Commodity contracts exchanges Futures commodity contracts exchanges Securities exchanges Stock exchanges and stock or commodity options exchanges. 6612 66120 Security and commodity contracts brokerage This class includes: Dealing in financial markets on behalf of others (e.g. stock broking) and related activities; Securities brokerage Commodity contracts brokerage Activities of bureaux de change etc. This class excludes: Dealing in markets on own account, see 6499; Portfolio management, on a fee or contract basis, see 6630. 6619 66190 Other activities auxiliary to financial service activities This class includes activities auxiliary to financial service activities not elsewhere classified, such as: financial transaction processing and settlement activities, including for credit card transactions investment advisory services activities of mortgage advisers and brokers This class also includes trustee, fiduciary and custody services on a fee or contract basis. This class excludes: Activities of insurance agents and brokers, see 6622; Management of funds, see 6630.
FAQ
What does PSIC Class 6611 cover?
PSIC Class 6611 is the four-digit layer that sits just above the final subclasses and usually defines the activity family for Administration of financial markets.
How do I compare Class 6611 with the sibling classes?
Read the neighboring classes and compare the exact wording of the child subclasses. Nearby options include 6612 Security and Commodity Contracts Brokerage and 6613 Foreign Exchange Dealing.
Why does Class 6611 matter for a filing decision?
It is usually the last broad checkpoint before the five-digit subclass choice, so it is the right place to catch near-miss classifications.