再创历史新高！期货市场有效客户总量升至261万个

Core Viewpoint - The Chinese futures market has reached a historical high in the number of effective clients, with significant growth in overseas clients, indicating a robust internationalization process and enhanced market influence [1][2]. Group 1: Market Growth and Client Structure - In the first half of 2025, the total number of new futures clients reached 410,000, a 2.5% increase year-on-year, bringing the total effective clients to 2.61 million, a 12% year-on-year growth [1]. - The number of institutional clients has surged by 43% compared to the same period in 2022, while overseas clients have increased by 63% [1]. - Clients from 39 countries and regions are now participating in the Chinese futures market, reflecting a steady progress in the internationalization of the market [1]. Group 2: Regulatory and Product Expansion - The China Securities Regulatory Commission (CSRC) plans to accelerate the implementation of key measures for capital market opening, aiming to expand the number of futures and options products available to qualified foreign institutional investors (QFII and RQFII) to 100 [2]. - As of mid-2025, the number of tradable products for QFII and RQFII has reached 91, with a significant increase of 45 new futures and options products added this year, nearly doubling the previous total [2]. Group 3: Market Activity and Economic Impact - In the first seven months of this year, the trading volume in the Chinese futures market reached 5.135 billion contracts, with a total transaction value of 411.04 trillion yuan, reflecting a year-on-year increase of 23.11% and 23.09% respectively [3]. - The internationalization of futures products is crucial for providing precise price signals to industrial enterprises, enhancing their ability to manage risks and optimize resource allocation [3].