Administration of financial markets

NACE v2.1 Code: L66.11

About administration of financial markets

NACE code 66.11 covers the administration of financial markets, a critical component of the broader financial services industry. This sector plays a vital role in facilitating the efficient allocation of capital, enabling businesses and individuals to access the resources they need to grow and thrive. By overseeing the operation of stock exchanges, commodity exchanges, and other financial markets, the administration of financial markets helps to ensure transparency, fairness, and stability in the financial system, which is essential for the smooth functioning of the economy.

Production process

The administration of financial markets involves a range of activities, including the operation and regulation of stock exchanges, commodity exchanges, and other financial trading platforms. This includes the establishment and enforcement of rules and procedures governing the trading of securities, commodities, and other financial instruments, as well as the monitoring and surveillance of market activity to detect and prevent any fraudulent or manipulative practices.

Production inputs

The administration of financial markets requires a range of inputs, including highly skilled professionals with expertise in areas such as finance, economics, and regulatory compliance. Additionally, this industry relies on advanced technology and information systems to facilitate the efficient and secure trading of financial instruments, as well as robust data and analytical capabilities to monitor market trends and identify potential risks.

Production outputs

The primary output of the administration of financial markets is the facilitation of the efficient and transparent trading of financial instruments, such as stocks, bonds, and derivatives. This, in turn, supports the broader 64.11 Financial service activities, except insurance and pension funding and 64.20 Activities of holding companies sectors, as well as the wider economy by enabling businesses and individuals to access the capital they need to invest and grow.

Revisions to 66.11

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 66.11. The most recent 1 version of this code (66.11) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 66.11.

Family tree for administration of financial markets

    graph LR
    A["<a href='/classifications/nace/v2-1/L'>L: FINANCIAL AND INSURANCE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/L/66'>66: Activities auxiliary to financial services and insurance activities</a>"]
B --> C["<a href='/classifications/nace/v2-1/L/66/1'>66.1: Activities auxiliary to financial services, except insurance and pension funding</a>"]
C --> D["<a href='/classifications/nace/v2-1/L/66/11'>66.11: Administration of financial markets</a>"]

    C --> E["<a href='/classifications/nace/v2-1/L/66/12'>66.12: Security and commodity contracts brokerage</a>"]
C --> F["<a href='/classifications/nace/v2-1/L/66/19'>66.19: Other activities auxiliary to financial services, except insurance and pension funding</a>"]

    

    %% Color coordination by level

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    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level4
class F level4

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight