Definition
Wholesale Electronic Markets, and Agents and Brokers(NAICS 419)

Under this topic you will find the North American Industry Classification System definition of the Wholesale Electronic Markets, and Agents and Brokers(NAICS 419) subsector. You can use this definition to properly identify the segment of the industry you wish to study further in other sections of Canadian Industry Statistics.

Definition of the Subsector

This subsector comprises establishments primarily engaged in buying and/or selling products, owned by others, and generally receiving a fee or a commission for the service. These establishments may be known as business-to-business electronic markets, commission merchants, import agents or brokers, export agents or brokers, manufacturers' agents, purchasing agents, selling agents, and they may deal in any type of product. These establishments bring together sellers and buyers or undertake commercial transactions on behalf of a principal, without taking title of the goods bought or sold.

Exclusions

Establishments primarily engaged in:

• bringing together buyers and sellers of goods using the Internet in a business-to-consumer or consumer-to-consumer environment (45411, Electronic Shopping and Mail-Order Houses)
• operating as shipping agents (48851, Freight Transportation Arrangement)
• trading commodities and commodity futures, which are usually listed on a commodity exchange (5231, Securities and Commodity Contracts Intermediation and Brokerage)
• buying and selling insurance, on a commission basis (52421, Insurance Agencies and Brokerages)
• buying and selling real estate, on a commission basis (53121, Offices of Real Estate Agents and Brokers)
• buying and selling goods on own account using a combination of electronic and traditional methods (classified according to the merchandise line or lines sold by the merchant wholesaler-distributor, )