上期所两项创新成果获上海金融创新奖

Core Insights - The Shanghai Futures Exchange (SHFE) has been awarded two honors at the 2023-2024 Shanghai Financial Innovation Awards, with the "Shipping Index Futures Listing and Operation" project receiving the Grand Prize and the "Authorization of Shanghai Natural Rubber Futures Delivery Settlement Price to Overseas" project winning the Second Prize [1][2]. Group 1: Shipping Index Futures - The Shipping Index Futures is the world's first shipping-related product developed based on a Chinese index and is fully open to international investors [4]. - Since its launch in August 2023, the Shipping Index Futures has seen a cumulative trading volume exceeding 64.1 million contracts and a total transaction value of 5.5 trillion yuan by the end of November 2025, demonstrating high market activity compared to similar overseas products [4]. - The product has effectively withstood significant price fluctuations caused by geopolitical events, enhancing its role as a hedging tool for enterprises in the shipping industry [4]. Group 2: Natural Rubber Futures - The project for the authorization of the Shanghai Natural Rubber Futures delivery settlement price to overseas markets marks the first instance of a futures market in China directly exporting prices quoted in RMB to international markets [2][4]. - The project was launched in January 2025, with futures contracts based on the Shanghai natural rubber delivery settlement price listed overseas in May [2]. - By the end of November, the authorized contracts had a cumulative trading volume exceeding 1,000 contracts, successfully completing the first cash settlement and showing a strong correlation with the main "Shanghai Rubber" contract [2][4]. Group 3: Financial Innovation Awards - The Shanghai Financial Innovation Awards are organized by the Shanghai Municipal Government to recognize contributions to financial innovation and the development of Shanghai as an international financial center [5]. - The SHFE aims to leverage this recognition to further deepen financial innovation practices and support high-quality development of the real economy [5].