上期所：丰富航运衍生品体系提升航运金融服务能级

Core Viewpoint - The launch of the Container Shipping Index (European Line) futures has been successful, with active trading and significant volume, indicating a strong demand for risk management tools in the shipping industry [1][2]. Group 1: Market Performance - Since its launch on August 18, 2023, the Container Shipping Index (European Line) futures have recorded a total trading volume of 62.48 million contracts and a cumulative transaction value of 5.38 trillion yuan, with an average daily open interest of 84,100 contracts as of September 30 [1]. - The trading volume of the Container Shipping Index futures from January to August 2023 was approximately five times that of similar shipping derivatives on other global exchanges, demonstrating its high activity level [1]. Group 2: Risk Management and Industry Demand - The futures market has effectively managed significant price volatility, with an annualized volatility exceeding 80% for 2024, surpassing that of typical commodities like crude oil and agricultural products [1]. - There is a growing demand from shipping industry participants for risk management tools, with many enterprises actively using the shipping index futures for hedging against price risks [2]. Group 3: Future Developments - The Shanghai Futures Exchange plans to focus on three key areas: prioritizing risk prevention and market regulation, enhancing market services for the shipping industry's high-quality development, and continuously optimizing rules and enriching the shipping derivatives system [3]. - The inclusion of the Container Shipping Index futures in the Qualified Foreign Institutional Investor (QFII) trading category has attracted interest from overseas investors, including those from Singapore, the UK, and Hong Kong [2].