Core Viewpoint - The latest statistics from the China Futures Association indicate a mixed performance in the national futures market, with a notable increase in trading volume and value year-to-date, while October showed a decline in trading volume but an increase in trading value compared to the previous year [2][5]. Trading Volume and Value - In October, the national futures market recorded a trading volume of 603 million contracts and a trading value of 61.22 trillion yuan, representing a year-on-year decrease of 13.26% in volume but an increase of 4.54% in value [2]. - From January to October, the cumulative trading volume reached 7.347 billion contracts, with a cumulative trading value of 608.84 trillion yuan, showing year-on-year increases of 14.86% in volume and 21.82% in value [2]. Popular Futures Products - As of October, there are 160 listed futures and options products in China. The top three products by trading value in October were gold, silver, and copper on the Shanghai Futures Exchange, while the top products by trading volume included silver, rebar, and silver options [3]. - Gold futures and the CSI 1000 index futures emerged as the most popular products, with gold futures achieving a cumulative trading volume of 91.84 million contracts and a trading value of 7.132 trillion yuan from January to October, marking year-on-year increases of 58.24% and 121.65%, respectively [3][4]. - The CSI 1000 index futures recorded a cumulative trading volume of 48.63 million contracts and a trading value of 6.21 trillion yuan, with year-on-year increases of 34.75% and 68.03% [4]. Industry Profitability Disparities - As of September 2025, there are 150 futures companies in China, with total agency trading volume of 71.61 trillion yuan and net profits of 11.98 billion yuan for the first nine months of the year [5]. - The performance of different companies varies significantly, with some companies like Ruida Futures and Yong'an Futures reporting positive net profit growth, while others like Hongye Futures faced substantial declines in revenue and profits [5][6]. - Ruida Futures reported a total revenue of 1.621 billion yuan, down 2.87% year-on-year, but a net profit increase of 42.15% to 386 million yuan [5].

智通财经APP获悉，11月12日，中国期货业协会最新统计资料表明，以单边计算， 10月全国期货交易市场成交量为 602,959,319手,成交额为612,202.38亿元，同比分别下降13.26%和增长4.54%。1-10月全国期货市场累计成交量为7,347,119,512 手，累计成交额为6,088,356.69亿元，同比分别增长14.86%和21.82%。 上海期货交易所10月成交量为167,359,314手，成交额为248,124.72亿元，分别占全国市场的27.76%和40.53%，同比分别下降 22.62%和增长37.8%。10月末上海期货交易所持仓总量为11,064,434手，较上月末增长11.15%。1-10月上海期货交易所累计成 交量为1,853,469,631手，累计成交额为1,932,356.32亿元，同比分别下降0.37%和增长16.2%，分别占全国市场的25.23%和 31.74%。 上海国际能源交易中心10月成交量为9,620,694手，成交额为16,308.17亿元，分别占全国市场的1.6%和2.66%，同比分别下降 17.86%和32.28%。10月末上海国际能源交易中心持仓总量 ...