永安期货总经理马志伟直言，实盘大赛不仅是交易者的竞技场，更是期货公司展示综合实力的舞台。永 安期货今年推出的"源点智研"研究品牌和AI工具"安仔智答"，正是基于对市场需求的敏锐洞察，这些创 新服务也在大赛期间得到了参赛客户的积极反馈。 新湖期货总经理金玉卫认为，期货公司高管对颁奖大会的深度参与，体现了期货公司对市场变化的积极 响应。面对日益复杂的市场环境，期货公司需要更直接地了解客户需求，实盘大赛提供了精准洞悉市场 动态的窗口。 期货机构与市场参与者通过实盘大赛及颁奖大会实现了双向赋能。一方面，期货公司通过赛事挖掘优质 交易人才，完善服务体系；另一方面，市场参与者借助大会获取前沿资讯，优化交易策略。华东地区一 家私募机构负责人透露，他参会期间与多家期货公司讨论后，决定调整农产品板块的配置比例。 值得一提的是，主会场外的展区堪称今年颁奖大会的"流量担当"。数十家期货公司、金融科技服务商及 投资机构的展台前人头攒动，热门展位甚至出现排队咨询的场景。中泰期货相关负责人告诉期货日报记 者："我们带来的手册半小时内就被领取一空，参会者对如何利用衍生品对冲风险极为关注。"一位来自 浙江的贸易商表示，他专程赶来是为了聆听" ...

Core Insights - The 2025 Global Futures Traders Conference and the 19th National Futures (Options) Live Trading Competition were held in Xi'an, showcasing industry leaders discussing investment opportunities in commodities and future technological developments [1][10]. Group 1: Event Overview - The event featured a gathering of industry elites, including award-winning traders, institutional investors, and representatives from futures companies, engaging in deep discussions on trading philosophies and market opportunities [1][10]. - The competition has been a platform for traders for 19 years, highlighting the evolution of trading strategies and the increasing maturity of traders' methodologies [2]. Group 2: Market Analysis - Zhang Yi, head of the research institute at Yong'an Futures, indicated that the commodity sector may experience differentiation in 2026, with a stable macroeconomic environment and a mild recovery in domestic economic growth [3]. - The "anti-involution" policy is expected to impact supply and demand dynamics, particularly in the polysilicon market, where demand growth is projected to decline by 10% to 0% year-on-year in 2026 [3][4]. Group 3: Investment Opportunities - The macroeconomic atmosphere is generally warming, but a comprehensive bull market in commodities is not anticipated until global economic recovery is evident [4]. - Specific commodities such as lithium carbonate and aluminum are expected to see significant demand growth, while the supply of PX and PTA is improving, making them suitable for long positions [4]. Group 4: Trader Insights - Successful traders emphasize the importance of risk management, self-awareness, and the development of a personalized trading system [6][7][8]. - The experiences shared by award-winning traders highlight the necessity of maintaining discipline and a strong mindset in trading, with a focus on learning from both successes and failures [6][7][8].

Group 1 - The 19th National Futures (Options) Live Trading Competition has been held for nineteen years, serving as a "public arena" for futures traders, showcasing their judgment and execution skills despite various risks this year [1][3] - Successful traders in the competition share two common traits: they possess a trading method that has been tested by the market and have a respectful attitude towards trading, which allows them to navigate the market more steadily and further [3] Group 2 - Everbright Futures has developed a unique research style characterized by the "valuation + driving" research system and launched the "Source Point Intelligent Research" brand, integrating various research tools and platforms [3] - The company has introduced AI tools, such as "Anzai Smart Answer" and "Anzai Market Watch," aimed at making it easier for clients to analyze and monitor the market [3]

Core Viewpoint - The Chinese futures industry is evolving from traditional derivatives trading to a more diversified and integrated financial services sector due to increasing global political and economic uncertainties and the deepening functions of China's financial markets [2]. Group 1: Industry Development - The futures industry must adhere to two fundamental principles: risk control and compliance, and deep service to the real economy [3]. - The implementation of the Futures and Derivatives Law has elevated the industry's regulatory development, and the upcoming Futures Company Supervision Management Measures are expected to further enhance the industry's risk management framework [3]. - The importance of futures and derivatives as risk management tools has become more pronounced amid recent global commodity price fluctuations [3]. Group 2: Service to Enterprises - For nascent industry enterprises, the focus is on promoting basis trade models to optimize procurement and sales, achieving hedging, profit locking, and production stability [4]. - For growing enterprises, integrating spot and futures markets into production, sales, inventory management, and risk management is essential [4]. - For mature enterprises, providing a comprehensive risk management system, management protocols, talent development mechanisms, and smart operational technologies is crucial [4]. Group 3: Digital Transformation and AI Integration - The application of AI large models in finance is reshaping financial services, with successful implementation relying on the combination of model capabilities, proprietary data, and application scenarios [5]. - The company has initiated digital reforms early, accumulating substantial data assets and establishing a complete data management system to support AI model applications [5]. - The company is developing a comprehensive data-driven operational model, including intelligent risk control projects and customer service enhancements through AI [6].