芝加哥商品交易所还提到，决定未来日本股市是否维持高位的两大因素分别为：日本央行的货币政策和关税冲击。目 前来看，日本股市存在调整风险，原因在于美日贸易谈判尚未取得进展，日本央行大概率按兵不动，但通胀的压力可 能迫使其要么加息，要么继续缩减资产购买计划，导致流动性收紧。 华福证券此前发布研报分析认为，日本货币政策转向进入加息周期对日本股市造成长期不利影响，并建议关注日本央 行加息节奏和美国关税政策落地情况，日本股市可能面临宽幅震荡。 【环球网财经综合报道】8月14日，日经225指数单日下跌1.45%报42649.26点，暂时止住了此前连创新高的上涨势头， 获利了结的抛盘大量涌出，投资者对股市过热的警惕情绪蔓延。 芝加哥商品交易所撰文分析认为，当前日本股市涨势趋缓，站在新一轮的十字路口。一方面，海外资金不断流入和日 本国民庞大的储蓄支撑日本股市；另一方面，多个不确定性因素来袭，如执政联盟在参议院选举中遭遇历史性失败、 关税带来的贸易萎缩、经济减速和财政扩大带来的通胀反扑。 ...

Core Points - CME Group has opened registration for the 22nd annual CME Group University Trading Challenge, scheduled from October 5 to October 31, 2025, with a registration deadline of September 25, 2025 [1][2] - The Trading Challenge provides an educational platform for undergraduate and graduate students to manage market risks and protect mock investment portfolios [2][3] - Since its inception 22 years ago, over 35,000 students have participated in the challenge, highlighting the growing interest among young people in financial markets [3][4] - Last year, the challenge saw a record participation of 570 teams, comprising approximately 2,300 students from 180 universities across 24 countries, with Indiana University winning the 2024 competition [4] - CME Group is dedicated to educating future finance professionals about global derivatives markets and risk management through various initiatives, including the Trading Challenge and educational resources like Futures Fundamentals [5][6]

Core Insights - CME Group has achieved record open interest (OI) in interest rate futures, reaching 40,031,688 contracts on August 13, 2025, with U.S. Treasury futures and options OI at 31,615,333 contracts and SOFR futures OI at 13,738,220 contracts [1][3] Group 1: Market Demand and Trends - The increase in open interest records in interest rate, U.S. Treasury, and SOFR contracts indicates a growing market need for risk management and price discovery across the yield curve [3] - CME Group's interest rate futures have reached a record of 3,526 large open interest holders (LOIH) as per the CFTC's report [2] Group 2: Client Benefits and Features - Clients can access $20 billion in daily margin savings across CME Group's interest rate products, enhancing capital efficiency [4] - U.S. Treasury and SOFR futures are eligible for portfolio margining with other cleared interest rate swaps and futures, as well as cross-margining with FICC-cleared cash U.S. Treasury notes, bonds, and certain Repo transactions [4] Group 3: Company Overview - CME Group is recognized as the world's leading derivatives marketplace, offering a wide range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [5]

More than $4.3 million in scholarships granted since 2019 CHICAGO, Aug. 14, 2025 /PRNewswire/ -- CME Group Foundation today announced that 18 low-income, first-generation college students who are majoring in finance, technology and related fields have each been awarded up to $20,000 in scholarships, which are renewable for three years. Today, CME Group executives will host a Day of Recognition and Market Education for those receiving scholarships. Students will learn more about internship and career opportu ...

Core Insights - The article discusses the investment position of the analyst in CME shares, indicating a beneficial long position through various financial instruments [1]. Group 1 - The analyst expresses personal opinions regarding the investment without receiving compensation from any company mentioned [1]. - There is a clear distinction made that past performance does not guarantee future results, emphasizing the uncertainty in investment outcomes [2]. - The article highlights that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [2].

Core Viewpoint - The 2025 China (Zhengzhou) International Futures Forum will focus on empowering the real economy and supporting national construction through high-quality development of the futures market, highlighting its essential role in risk management and economic stability [1][2]. Group 1: Forum Overview - The eighth edition of the forum will take place on August 19-20, 2025, in Zhengzhou, co-hosted by Zhengzhou Commodity Exchange and the Chicago Mercantile Exchange Group [1]. - The forum aims to gather government departments, regulatory agencies, industry associations, enterprises, financial institutions, and experts to discuss the development trends and innovative practices of the futures market in the current era [1][2]. Group 2: Importance of Futures Market - The futures and derivatives market serves as a "stabilizer" for the market economy and a "toolbox" for risk management, becoming indispensable in supporting the real economy and national strategies [1]. - In agriculture, the futures market stabilizes producers' income and strengthens food security, contributing to agricultural power construction [1]. - In manufacturing, it helps companies lock in raw material costs and mitigate price volatility risks, supporting the construction of a manufacturing powerhouse [1]. - The market also provides diverse hedging tools for international trade, enhancing the construction of a trade powerhouse [1]. Group 3: Industry Insights - The forum will address how to transform uncertainties in economic development into certainties, enhancing the quality of support for the real economy and national construction [2]. - High-level opening of the futures market is crucial for accelerating the construction of a "dual circulation" new development pattern and achieving Chinese-style modernization [2]. - Recent expansions in QFII and RQFII participation in commodity futures and options have broadened the market's openness, attracting foreign institutions and enhancing the international influence of Chinese futures prices [2]. Group 4: Forum Structure - The forum will feature four sub-forums focusing on key areas of national construction: foreign opening, risk management for industrial enterprises, agricultural products (oils and fats), and industrial products (polyester) [4]. - Notable speakers will include former Deputy Director of the State Council Development Research Center Yu Bin and other industry leaders, discussing topics such as the outlook for high-quality economic development and trends in the global derivatives market [4]. Group 5: Practical Implications - The forum is positioned as a platform for practical solutions, aiming to provide insights into risk management and industry upgrades through discussions and exchanges among participants [4][5]. - The event is expected to serve as a "booster" for the integration of futures and spot markets, contributing to national construction [5].

Core Insights - CME Group reported its second-highest average daily volume (ADV) for July 2025 at 21.9 million contracts, following a record of 24.8 million contracts in July 2024 [1] - The company achieved a record monthly ADV in cryptocurrency products, with 302,000 contracts traded, representing a notional value of $13.6 billion [4] Volume Breakdown - Interest Rate ADV reached 10.8 million contracts - Equity Index ADV was 5.5 million contracts - Energy ADV totaled 2.4 million contracts - Agricultural ADV amounted to 1.7 million contracts - Metals ADV was 783,000 contracts - Foreign Exchange ADV stood at 747,000 contracts [4] Notable Increases - SOFR futures ADV increased by 3% to 3.3 million contracts - U.S. Treasury Bond options ADV rose by 21% to 203,000 contracts - NY Heating Oil futures ADV surged by 29% to 218,000 contracts - Micro Gold futures ADV saw a significant increase of 92% to 203,000 contracts [4] Cryptocurrency Highlights - Record monthly Micro Ether futures ADV reached 175,000 contracts - Record monthly Ether futures ADV was 22,000 contracts - Micro E-mini Equity Index futures and options ADV of 2.2 million contracts represented 40% of overall Equity Index ADV [4] BrokerTec Performance - BrokerTec U.S. Repo average daily notional value (ADNV) increased by 23% to $358.7 billion - Customer average collateral balances for the rolling 3-months ending June 2025 were $132.9 billion for cash collateral and $145.2 billion for non-cash collateral [4]

Group 1 - The core point of the article highlights the changes in net long and short positions of stock fund managers in the S&P 500 index as reported by the CFTC [1] Group 2 - As of the week ending July 29, stock fund managers increased their net long positions by 18,743 contracts, bringing the total to 869,641 contracts [1] - Concurrently, net short positions rose by 32,269 contracts, resulting in a total of 363,032 contracts [1]

美联储9月降息的概率为45.7% 金十数据7月31日讯，据CME"美联储观察"：美联储9月维持利率不变的概率为54.3%，降息25个基点的概率为45.7%。美联储10 月维持利率不变的概率为34.6%，累计降息25个基点的概率为48.8%，累计降息50个基点的概率为16.6%。 订阅美联储利率观测器 +订阅 | 预测利率 | 2025.09.18 | 2025.10.30 | 2025.12.11 | | --- | --- | --- | --- | | 3.25%-3.50% | | | 0.0% | | 3.50%-3.75% | | 0.0% | 11.2% | | 3.75%-4.00% | 0.0% | 16.6% | 38.4% | | 4.00%-4.25% | 45.7% | 48.8% | 39.2% | | 4.25%-4.50%(当前利率) | 54.3% | 34.6% | 11.2% | ...

Group 1 - The Chicago Mercantile Exchange (CME) has updated its Bitcoin commodity trading volume report as of July 28 [1]