Last weekend, CICC revised and promulgated the Administrative Measures for Hedging and Arbitrage Trading (hereinafter referred to as the "new measures"), and introduced the institutional measures for arbitrage business. Previously, the form of hedging was that institutional investors could only short the futures index. For the introduction of new measures, the sales department of a futures company said that the short-term impact on the number of households has not yet appeared. Guotai Junan researcher believes that as more brokers and fund accounts participate in trading, trusts enter the market, and funds are sold into the market, the degree of institutional participation in the futures market will gradually increase, and the proportion of futures positions/transactions will also gradually increase.