At the Energy Risk Asia Awards 2023, Shanghai Futures Exchange (SHFE) and its subsidiary, Shanghai International Energy Exchange (INE) have won “Commodity Exchange of the Year”. Besides, steel rebar options and silver options of SHFE won the “Innovation of the Year”, and the OTC platform of SHFE won the “OTC Trading Platform of the Year”. The Energy Risk Asia Awards ceremony is held annually to recognize excellent companies that have contributed positively to energy risk management in the commodity market.

Against the backdrop of increasing volatility in the global commodity market and frequent risks events in the international futures market in recent years, Shanghai Futures Exchange has performed safely and smoothly, providing reliable risk management tools for both domestic and overseas industrial clients. According to the statistics of Futures Industry Association (FIA), for the first half of 2023, the cumulative trading volume of SHFE was about 1.05 billion lots, ranking 9th among global exchanges by the trading volume of futures and options. SHFE and INE also continued to promote the participation of Qualified Foreign Investors (QFIs) in the domestic futures market. Since September 2022, 16 futures and options listed on SHFE and INE, such as copper and aluminum, have been open to QFI.

On December 26, 2022, SHFE listed steel rebar options and silver options, ushering in the world's first option products in the rebar industry. Trading has been active since the listing of steel rebar options and silver options. The trading volume and open interest have steadily increased, and the market function has run smoothly. Within 167 trading days from the listing date to August 31, 2023, the steel rebar options had a cumulative trading volume of 37.4866 million lots and a cumulative turnover of RMB 16.576 billion yuan, the silver options had a cumulative trading volume of 16.7674 million lots and a cumulative turnover of RMB 13.266 billion yuan. The trading volume of steel rebar options and silver options ranked the top 2 among the 9 option products listed on SHFE.

SHFE also continues to deepen the function of its OTC platform and enhance the linkage between the futures and spot markets. As an important linkage between the futures and spot markets, the OTC Platform of SHFE (the OTC Platform) provides a one-stop electronic standard warrant trading platform. It’s an important institutional innovation which successfully connects the futures and spot markets, exchange–traded and OTC markets, online and offline trading, domestic and overseas markets, as well as the commodity market and the financial market. For the whole year of 2022, 18,335 transactions were made, totaling 680 thousand warrants, or 1.35 million tons, with a turnover of RMB 123 billion yuan, up 7.01% year on year. This OTC Platform is widely recognized by the market, and is well-known for its "Five Strengths".

Moving forward, Shanghai Futures Exchange will focus on the overall goal of "building a standardized, transparent, open, vibrant and resilient capital market", meanwhile accelerate the pace to extend its product line, continue to improve the quality of market operation, constantly improve market functions, list more futures products open to overseas investors, promote the internationalization of existing products, and enrich cross-border products cooperation, with the aim to provide more risk management tools that cater to global customers' demands.