Shanghai has always been the main focus of China's financial market. Money market, capital market, foreign exchange market, futures market, gold market, equity market and financial derivatives market have been established one after another, among which interbank market, foreign exchange market, gold market and financial derivatives market are the only ones. Because the domestic securities market is the main board, the national financial transaction volume accounts for about 80%, the domestic futures market is one of the three major markets, and the national financial transaction volume is close to 50%.

Shanghai is the main place for financial product innovation and trading in China. Convertible bonds, short-term financing bonds, long-term bonds, forward RMB exchanges, oil futures and a large number of stock index futures to be born have had a great impact on basic financial products and financial derivatives, further enriching the products of Shanghai financial market and increasing the functions of the financial market.

Shanghai is one of the major gathering places of foreign financial institutions in China. The number of foreign-funded financial institutions ranks among the top in China, and the total assets of foreign banks account for more than half of the country. In particular, China has fulfilled its WTO commitments and fully liberalized foreign banks to enter the China market. Most foreign banks in Shanghai choose to register as future enterprises.

In addition, the ecological environment of Shanghai's financial development has been continuously optimized. Shanghai has issued a number of implementation rules to support the development of financial institutions in this city, and has intensified its efforts to support the development of financial institutions.