Core Viewpoint - The training program organized by DCE aims to enhance the risk management capabilities of the energy and chemical industry in Chongqing, contributing to the high-quality economic development of the region amidst global industrial chain restructuring and market price volatility [1][2]. Group 1: Training Program Overview - The training was held in Chongqing, focusing on the integration of futures and derivatives markets to support the high-quality development of the energy and chemical industry [1]. - DCE has been developing a comprehensive product system in the energy and chemical sector, including 17 futures and options varieties such as LPG, PP, and LLDPE, to provide effective risk management tools [2]. Group 2: Risk Management Strategies - DCE plans to enhance its service capabilities for the energy and chemical industry in Southwest China by focusing on Chongqing's unique industrial chain and developing suitable futures-spot combination models [2]. - The training emphasized the importance of transforming knowledge of futures into practical applications, with a focus on collaborative innovation in futures-spot integration [4]. Group 3: Practical Applications and Case Studies - A case study presented by Jin Neng Chemical highlighted the successful use of futures strategies to lock in processing profits, demonstrating the practical application of futures in managing market risks [4]. - The training also introduced solutions like "basis trading" and "warehouse receipt trading," which help mitigate price risks and improve market efficiency [4]. Group 4: Future Directions - The program is seen as a starting point for collaboration, aiming to equip participants with advanced risk management concepts and tools to navigate market fluctuations effectively [5]. - DCE's role is evolving from a backend tool to a strategic front-line player in the integration of finance and industry, establishing a robust risk management framework for the energy and chemical sector in Southwest China [5].

Core Insights - The 19th National Futures (Options) Trading Competition and the 12th Global Derivatives Trading Competition concluded successfully, with the introduction of the "Tongzhou Cup" award serving as a significant bridge between financial trading and the real economy [1] Group 1: Market Dynamics - The red date futures market is undergoing profound changes, characterized by increased supply-demand volatility, stronger seasonal price characteristics, and a diversified participant structure [2] - Weather changes have significantly impacted red date prices, with a reduction in production due to weather disasters in 2023, a recovery in 2024, and another expected reduction in 2025 [2] - The average daily volatility of the main red date futures contract was 2.8% in the first half of the year, indicating a new market feature of "high supply volatility, high price sensitivity, and deep industry participation" [2] Group 2: Seasonal Characteristics - Red dates exhibit distinct seasonal characteristics, with peak consumption from October to February and a lull from March to September [3] - Traders need to focus on the transition points between peak and off-peak seasons, as prices tend to rise during peak seasons and fall during off-peak seasons, although adverse weather can disrupt this pattern [3] Group 3: Trading Strategies - Successful traders emphasize the importance of real-time tracking of weather changes and combining expectations with reality in their trading strategies [3] - Key strategies include strict risk control, with recommendations for light positions and comprehensive assessments of inventory and demand [3] Group 4: Trader Mindset and Discipline - Successful traders possess strong fundamental and technical analysis skills, with the ability to stick to their trading plans even when market movements contradict their expectations [4] - Key success factors include on-the-ground research, flexible profit-taking, bold operations in trends, and precise timing [4] Group 5: Risk Management - Strict position control is deemed essential for risk management in futures trading, with recommendations to preset stop-loss points and use trailing stops to protect profits [5] - During high volatility periods, traders should reduce total positions to below 50% and remain vigilant about changes in trading rules and extreme market conditions [5] Group 6: Continuous Learning and Adaptation - A deep understanding of the entire red date industry chain, from planting to sales, is crucial for traders to grasp supply-demand changes beyond surface-level insights [6] - Patience and discipline are vital, with traders advised to wait for high-probability opportunities and avoid overtrading in noisy markets [6] - Continuous learning and adaptation are essential for achieving long-term stable profits in red date futures trading [6]

产品与服务场景模块，聚焦建信期货母子公司联动特色产品与服务，着力提升学员在期货产品服务营销 领域的实战能力。 服务"五篇大文章"模块，下设两大主题，围绕乡村振兴"圈链群"服务新模式、数智化赋能期货业务展开 深度阐释，明晰了建信期货服务国家战略的功能定位。 党的二十届四中全会审议通过的"十五五"规划建议提出，"稳步发展期货、衍生品"。在此背景下，建信 期货积极响应国家政策号召，落实建设银行党委部署要求，正式推出"建期研学"系列客户营销实战演练 精品课程。据了解，为深入贯彻国家金融发展战略，建信期货与建设银行总行研修中心（研究院）紧密 合作，共同打造了这一专业化、系统化的培训课程。该系列课程的发布，标志着建信期货在服务国家战 略、推动期货行业人才培养方面迈出了重要一步。 期货基础知识模块，从理论到实操层层递进，助力学员筑牢开展期货业务的专业根基。 课程全面覆盖，五大模块助力专业提升。据了解，上述系列课程特邀建信期货领导及业务骨干参与录 制，内容共设5个模块、15门课程，全面覆盖期货业务各领域。 具体来看，公司概况与业务展望模块，系统梳理了期货市场发展历程，深入解读建信期货发展脉络与课 程体系架构，帮助学员夯实认知 ...

近日，第八届"郑商所杯"全国大学生金融模拟交易大赛圆满落幕。据期货日报记者了解，本届大赛共吸 引全国1883所高校的106871名学子报名参与，参赛人数再创新高。此外，大赛模拟交易期间，总成交量 达3300万手，持仓量达5700万手，两项数据均刷新历史纪录，充分展现了大赛极高的活跃度与参与深 度。 这场横跨数月的青春赛事，不仅点燃了万千学子的金融实践热情，更是期货机构与高校携手深耕产教融 合的生动实践。 以赛为媒，铺就产教融合"快车道" 作为赛事的核心推动者，期货机构凭借多年的深耕与创新实践，将"郑商所杯"打造成了连接行业与高校 的重要纽带。 中信建投期货网点管理部副经理兼投教基地负责人蔡颖表示，本届赛事交出了一份"破纪录"的答卷：合 作高校参赛规模实现历史性突破，总报名人数创历年峰值，其中有5所高校的报名人数直奔千人大关。 这足以看出期货知识正在年轻群体中快速"圈粉"。 华南理工大学经济与金融学院助理研究员许鹤丽也认为，"郑商所杯"让课堂知识"活"了起来。"期权定 价、波动率等基础概念，光靠公式推导太枯燥了，但模拟交易界面上跳动的价格、动态的曲线，一下子 就能让学生明白这些知识的现实价值。"此外，她还特别点 ...

近日，中国（天津）自由贸易试验区管理委员会、天津市商务局、天津市地方金融管理局等6部门联合 发布《关于促进天津自贸试验区大宗商品交易场所高质量发展的若干措施》（下称《措施》），围绕完 善大宗商品现货市场体系、支持交易场所业务创新及开放发展、支持期现市场联动发展、导入供应链金 融服务、依托交易平台打造产业生态及做好服务保障、做优营商环境等六大方面，提出了具体且细致的 举措，为天津自贸试验区大宗商品交易场所的高质量发展勾勒出了清晰的蓝图。 在上述业内人士看来，《措施》的发布也将为天津地区期货公司创新服务模式、提升服务能力提供新机 遇。 赵未夏告诉记者，《措施》支持期货公司及风险管理子公司与商品期货交易所及相关机构合作开发风险 管理工具，在更好地满足实体企业个性化风险管理需求的同时，能够增强期货公司风险管理服务的能 力，为期货行业延伸服务场景、拓展市场功能、推动金融创新提供了政策支撑。 其中，《措施》明确提出支持大宗商品期现市场联动发展。具体来看，一方面，支持大宗商品交易场所 在商品期货交易所设立相关品种报价专区，探索推动指定交收库合作及仓单互认，为仓单跨市场交易、 流通提供支持。另一方面，鼓励大宗商品交易场所立足 ...

单品种看，昨日资金主要流入的商品期货（主连合约）品种锡、铂、镍、钯和白银，分别流入10.89 亿元、10.28 亿元、9.69 亿元、6.33 亿元和4.18 亿元；主 要流出的品种有铜、铝、多晶硅、原油和氧化铝，分别流出2.42 亿元、1.41 亿元、0.96 亿元、0.82 亿元和0.71 亿元。从主力合约看，有色金属、农产品、化 工、黑色和金融板块均呈流入状态。 整体看，昨日商品期货（主连合约）资金呈大幅流入状态。有色金属、化工和农产品板块流入较多，重点关注流入较多的锡、铂、镍、钯、白银、黄金、碳 酸锂、豆二和乙二醇，同时关注逆势流出的铜、铝、多晶硅、原油和苹果。黑色板块呈小幅流入状态，重点关注流出较多的不锈钢和螺纹钢，同时关注逆势 流入的焦煤和焦炭。金融板块重点关注中证500股指期货和10年期国债期货。（徽商期货 方正） 图为金融期货主连合约资金流向（亿元） 图为商品期货资金流入前十名（亿元） 图为商品期货资金流出前十名（亿元） 图为商品期货主连合约资金流向（亿元） 图为板块资金流入额（亿元） ...

Core Insights - The Central Economic Work Conference provides essential guidance for the financial industry, emphasizing the importance of serving the real economy and ensuring compliance and risk management [1][2][6] Group 1: Industry Development Directions - The conference outlines three key directives for the futures industry: serving the real economy, maintaining compliance and risk management, and pursuing differentiated development paths [2] - The emphasis on expanding domestic demand and building a strong domestic market aligns with the futures industry's role as a risk management tool for enterprises [2][3] Group 2: Service to the Real Economy - The futures industry is urged to focus on professional and refined risk management to address the challenges faced by enterprises, such as high procurement costs and price volatility [3][4] - Guoxin Futures has developed a diversified service system that integrates on-exchange and off-exchange services, enhancing its ability to serve industrial clients [3] Group 3: Risk Management and Compliance - A robust compliance and risk management framework is deemed essential for the futures industry to support the real economy and prevent systemic risks [6] - Guoxin Futures is implementing a comprehensive compliance system that includes dynamic tracking of regulatory changes and the integration of technology to enhance risk prediction and management efficiency [6] Group 4: Commitment to National Strategy - The company is actively engaging in initiatives that align with national strategies, such as promoting green transformation and supporting rural revitalization through innovative financial products [5] - Guoxin Futures has launched numerous "insurance + futures" projects, covering various agricultural sectors and providing risk management services to thousands of farmers [5] Group 5: Long-term Vision - Guoxin Futures aims to contribute to the construction of a modern futures market in China, guided by the principles of serving the real economy, managing financial risks, and fostering innovation [7]

Core Insights - The launch of the online investor education base by Yong'an Futures aims to enhance investor education services and create a more convenient and efficient educational channel [1][2] - The platform integrates online resources with offline physical bases, establishing a "virtual + physical" deep integration service system for investor education [1] Group 1: Platform Features - The platform includes an "Investment Academy" section that presents three original content series: "Anzai Talks Futures," "Anzai Walks Industry," and "Anzai Talks Finance," utilizing multimedia formats to comprehensively explain futures market knowledge, industry chain operations, and financial planning strategies [1] - An "Investor Protection Zone" offers a one-stop service covering suitability management requirements and policy regulation interpretations, enhancing investor awareness of risk prevention [1] - A "Special Activities Platform" focuses on key themes such as "3.15 Investor Protection Day" and "5.15 National Investor Protection Promotion Day," creating a digital display window to increase public participation through interactive Q&A and thematic pages [1] Group 2: Training and Development - A "Simulated Trading Training Camp" provides a highly realistic futures trading environment, allowing investors to practice trading skills under risk-free conditions, thereby lowering practical barriers [2] - The online education base serves as a digital extension of the physical base, offering 24/7 service and utilizing big data analysis and intelligent recommendations to provide personalized learning paths for investors [2] - The platform supports immersive offline activities such as face-to-face communication and simulated trading practice, while online features like course replays and knowledge base searches cater to investors' fragmented learning needs, creating a comprehensive service system covering the entire investment cycle [2]

期货日报网讯（记者 杨美）近日，中国（天津）自由贸易试验区管理委员会、天津市商务局、天津市 地方金融管理局、中国人民银行天津市分行、国家金融监督管理总局天津监管局及中国证券监督管理委 员会天津监管局，联合发布了《关于促进天津自贸试验区大宗商品交易场所高质量发展的若干措施》 （以下简称《若干措施》），旨在持续推动大宗商品投资贸易自由化便利化，打造期货现货结合、场内 场外协同、境内境外连通、线上线下一体的大宗商品市场体系，建设大宗商品的资源配置中心、国际贸 易中心、交易及结算中心，促进全产业链开放创新及高质量发展。 其中引人注目的是，《若干措施》明确提出支持大宗商品期现市场联动发展。具体来看，一方面，支持 大宗商品交易场所在商品期货交易所设立相关品种报价专区，探索推动指定交收库合作及仓单互认，为 仓单跨市场交易、流通提供支持。另一方面，鼓励大宗商品交易场所立足服务实体经济，支持期货公司 及风险管理子公司与商品期货交易所及相关机构合作开发风险管理工具，为交易商提供基差点价、保价 服务、套期保值等期现联动服务，服务实体企业风险防控需求。 期货日报记者从天津资深业内人士处获悉，现货交易场所开展期现结合业务，主要源于政策 ...

金融赋能是乡村振兴的重要支撑。党的二十大报告明确提出"全面推进乡村振兴，健全农村金融服务体系"，为金融助力"三农"发展锚定方向。在此背景下， 由期货日报、"保险+期货+N"创新联盟与产业服务联盟联合主办的"2025期货服务乡村振兴暨'保险+期货'会议"，于12月19日在广东湛江成功举办。 本次会议选址湛江，背后蕴含深刻的产业考量。作为我国重要的糖料蔗主产区，湛江白糖产业声名远播，更是当地农业经济的支柱。但该产业长期受糖价波 动、自然灾害频发等多重风险困扰，直接威胁蔗农收益稳定与产业链安全。"保险+期货"模式的落地，有效破解了这一难题——它将原本由农户、产业企业 独自承压的市场风险，传导至更广阔的金融市场，既为农业生产者筑牢收益"安全网"，也为地方特色农业可持续发展注入"金融稳定剂"。 会议以"创新引领-服务'三农'谱华章"为主题，汇聚政府官员、行业专家、金融机构及产业代表，共探期货市场与"保险+期货"模式在助力农业强国建设、推 动区域经济高质量发展中的核心价值。议程丰富紧凑、亮点纷呈，重点复盘"保险+期货"十年发展成果、梳理演进逻辑，并展望未来十年创新方向。中国农 业大学知名学者及保险、期货行业资深专家受邀发 ...