里程碑时刻！期货市场资金总量突破2万亿

Core Insights - The Chinese futures market has reached a significant milestone, with total funds exceeding 2 trillion yuan, marking a 24% increase from the end of 2024 [2] - The growth in the futures market reflects high-quality development, with improved product systems and broader participation from various clients [2] - The increase in funds is attributed to enhanced hedging demand from the real economy, diversification of capital market tools, and a rise in international clients [2] Market Growth - As of September 2025, the number of effective clients in the futures market surpassed 2.7 million, a 14% year-on-year increase [3] - In the first three quarters of 2025, the market added 650,000 new clients, indicating a steady growth in the client base [3] - Institutional clients grew by 3%, while overseas clients saw a more significant increase of 11%, with traders from 40 countries and regions [3] Trading Volume and Financial Derivatives - In September 2025, the national futures market recorded a trading volume of 770 million contracts and a turnover of 71.5 trillion yuan, with a year-on-year decrease in volume but an increase in turnover by 33.16% [3] - The financial derivatives market showed remarkable growth, with the China Financial Futures Exchange achieving a trading volume of 35.15 million contracts and a turnover of 29.62 trillion yuan in the previous month, marking increases of 54.59% and 89.74% respectively [4] - For the first nine months of 2025, the cumulative trading volume at the China Financial Futures Exchange was 227 million contracts, with a turnover of 18.857 trillion yuan, reflecting year-on-year growth of 31.8% and 53.26% [4] Company Performance - As of August 2025, there were 150 futures companies operating across 29 jurisdictions, with total agency trading volume reaching 65.23 trillion yuan and net profits of 12.34 billion yuan [4] - The net profit for futures companies in the first eight months of 2025 reached 7.65 billion yuan, marking a new high in recent years [4] - However, profit growth is uneven across the industry, with a concentration of growth in a few companies [4]