Division K FINANCIAL AND INSURANCE SERVICES
Subdivision 64 AUXILIARY FINANCE AND INSURANCE SERVICES
Group 641 AUXILIARY FINANCE AND INVESTMENT SERVICES
Class 6411 Financial Asset Broking Services
| This class consists of units mainly engaged in trading in stocks, shares or other financial assets on behalf of others, or in underwriting financial asset issues. Also included in this class are units mainly engaged in buying, selling and trading in mortgage documents for others. |
| Primary activities |
- Commodity futures broking or dealing (on a commission or transaction fee basis)
|
- Financial asset broking service (on a commission or transaction fee basis)
|
- Stock broking or trading (on a commission or transaction fee basis)
|
- Trading of mortgages operation (on a commission or transaction fee basis)
|
| Exclusions/References |
|
|
- investing money in financial assets such as shares, bonds, bills, etc, on own account are included in Class 6240 Financial Asset Investing; and
|
- providing investment management or advisory services, or arranging home loans for others on a commission or fee basis, are included in Class 6419 Other Auxiliary Finance and Investment Services.
|
Print Page