期货流动性分析

1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - The report conducts a comprehensive analysis of the futures market, including an overview of trading volume and open interest in the futures market and an in - depth exploration of the micro - liquidity of different futures types such as stock indices, treasury bonds, energy and chemicals, black commodities, precious metals and non - ferrous metals, and agricultural products [1][21] 3. Summary According to the Directory 3.1 Futures Market Trading Volume and Open Interest Overview - The report presents graphs of commodity futures trading volume, open interest, trading volume - to - open interest ratio, and the year - on - year change of commodity futures trading volume. It also provides tables showing the price, trading volume, open interest, and week - on - week changes of different commodity and financial futures sectors [4][12][14] - In the commodity sector, different sub - sectors show various price trends, trading volume, and open - interest changes. For example, the precious metals sector has a price increase of 4.26%, while the coal, coke, steel, and ore sub - sector in the black commodities has a price decrease of 2.35% [12] - In the financial futures sector, different varieties also have different price changes and trading volume and open - interest trends. For instance, the price of CSI 1000 futures has a 2.27% increase [14] 3.2 Futures Market Micro - liquidity 3.2.1 Stock Indices - The report provides a table of micro - liquidity - related indicators for stock index futures' main contracts, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for the Shanghai 50 futures, the spread change unit is 1.815/2.2838, and the spread week - on - week change is - 0.4688 [21] 3.2.2 Treasury Bonds - A table of micro - liquidity - related indicators for treasury bond futures' main contracts is presented, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for the 5 - year treasury bond futures, the spread change unit is 1.0022/1.0023, and the spread week - on - week change is - 0.0001 [26] 3.2.3 Energy and Chemicals - The report shows a table of micro - liquidity - related indicators for the main contracts of the energy and chemicals sector, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for methanol futures, the spread change unit is 1.001/1.002, and the spread week - on - week change is - 0.001 [30] 3.2.4 Black Commodities - A table of micro - liquidity - related indicators for the main contracts of the black commodities sector is provided, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for iron ore futures, the spread change unit is 1.0016/1.0022, and the spread week - on - week change is - 0.0006 [34] 3.2.5 Precious Metals and Non - ferrous Metals - The report presents a table of micro - liquidity - related indicators for the main contracts of the precious metals and non - ferrous metals sector, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for Shanghai aluminum futures, the spread change unit is 1.0536/1.05, and the spread week - on - week change is 0.0036 [41] 3.2.6 Agricultural Products - A table of micro - liquidity - related indicators for the main contracts of the agricultural products sector is shown, including spread change units, spread week - on - week changes, average sell - one order amounts, and average buy - one order amounts. For example, for corn futures, the spread change unit is 1.0006/1.0006, and the spread week - on - week change is 0 [46]