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Why are there fewer and fewer exchange rebates?
Among the more than a dozen futures companies that were first disclosed, some futures companies had a net profit of less than 10 million yuan, of which Jingu Futures and Southwest Futures even suffered losses.

Low fee income and difficulties in innovative business are the main reasons for the losses of some futures companies. At present, the profits of domestic futures companies rely heavily on brokerage business. Although the scale of futures continues to rise, most of the fees generated by investors' transactions are earned by futures exchanges, and the profits distributed by futures companies are extremely low.

In fact, many futures companies mainly rely on the annual commission rebate of the futures exchange to support themselves. However, the exchange has no clear document on the commission rebate, and sometimes it may be less. CICC has always paid relatively little commission and rebate, while the trading volume of stock index futures is very large. Moreover, Ping Jin's opening position is still a bilateral commission, and CICC's commission income is quite profiteering. "The executive said.