Core Insights - CME Group's natural gas complex achieved a new single-day record of 2,576,346 contracts traded on January 20, 2026, representing a 15% increase from the previous record of 2,239,081 contracts on November 14, 2018 [1][2] Group 1: Trading Records - The trading volume for Henry Hub options reached 811,662 contracts, which is up 28% from the previous record [2] - Dutch TTF options also saw a record volume of 35,480 contracts, marking a significant increase of 202% from the previous record [2] Group 2: Market Demand - Increased demand for heating across the U.S. has led clients to engage with CME Group's natural gas markets in record numbers to manage price risk [2] - The company emphasizes its commitment to providing deep liquidity for market participants to effectively hedge their positions [2] Group 3: Company Overview - CME Group is recognized as the world's leading derivatives marketplace, facilitating trading in futures, options, cash, and OTC markets [4] - The company offers a wide range of global benchmark products across major asset classes, including energy, agricultural products, and metals [4]

Core Insights - The "Born to Be Global" summit highlighted the dual trends of de-globalization and the global expansion of Chinese enterprises, emphasizing the need for effective risk management strategies in international markets [1][2]. Group 1: Event Overview - The summit was co-organized by Hangzhou Ba Jiu Ling Cultural Creative Co., Ltd., Jidang Business Studies, and the Sino-Commercial Overseas Industrial Alliance, attracting over 50 political and business leaders and more than 1,000 corporate delegates [2]. - C&D Inc. participated as a leading player in the supply chain sector, sharing insights on using futures instruments to mitigate commodity price volatility risks [3]. Group 2: Key Challenges and Solutions - Li Zhi's speech addressed the challenges faced by Chinese enterprises in global markets, emphasizing the importance of futures instruments in stabilizing supply chains [4]. - The "Soybean Incident" of 2004 was cited as a pivotal moment that led to the adoption of futures instruments, which reduced price volatility from 1,300 cents to 210 cents per bushel, an 85% reduction [5][7]. Group 3: C&D Inc.'s Practices - C&D Inc. has developed a framework for using futures instruments based on three pillars: risk control, business operations, and research [10]. - The company has assisted over 900 industrial clients in building risk management strategies, ensuring stable pricing and predictable costs across the supply chain [10][11]. Group 4: Industry Perspective - Wu Xiaobo noted that C&D Inc. has transformed its resource integration capabilities into service delivery, providing comprehensive support across information, logistics, and finance [11]. - Li Zhi emphasized the need for collective resilience among Chinese enterprises to navigate global risks effectively [12].