Since August, futures companies such as Yide Futures, Cinda Futures, Zhongyuan Futures, Hongta Futures, and the League of Nations Futures have issued announcements to terminate intermediary business cooperation with all intermediaries and prohibit any organization or individual from engaging in related activities in the name of company intermediaries; the original intermediaries introduced the customer's daily services and switched to direct contact with the company's account manager or official customer service staff. According to the latest data from the China Futures Association, as of August 4, the number of active intermediaries in futures companies was only 36, which was drastically reduced from more than 40,000 during the peak period, indicating that the “de-intermediation” process of the industry is nearing its end. In response, interviewees said that this is an inevitable result of the shift in the development of the futures industry from “scale oriented” to “quality oriented”. As regulatory requirements for proper management and investor protection become higher and higher, and futures management institutions promote high-quality development, industry customer acquisition channels will enter a new stage of professional value competition.

Since August, futures companies such as Yide Futures, Cinda Futures, Zhongyuan Futures, Hongta Futures, and the League of Nations Futures have issued announcements to terminate intermediary business cooperation with all intermediaries and prohibit any organization or individual from engaging in related activities in the name of company intermediaries; the original intermediaries introduced the customer's daily services and switched to direct contact with the company's account manager or official customer service staff. According to the latest data from the China Futures Association, as of August 4, the number of active intermediaries in futures companies was only 36, which was drastically reduced from more than 40,000 during the peak period, indicating that the “de-intermediation” process of the industry is nearing its end. In response, interviewees said that this is an inevitable result of the shift in the development of the futures industry from “scale oriented” to “quality oriented”. As regulatory requirements for proper management and investor protection become higher and higher, and futures management institutions promote high-quality development, industry customer acquisition channels will enter a new stage of professional value competition.