Ruida Futures

What Ruida Futures does

Ruida Futures (瑞达期货, Shenzhen Stock Exchange: 002961) is a Chinese full-license futures company founded in 1993 and headquartered in Xiamen, Fujian Province. The firm operates across four primary business lines: futures brokerage on all six domestic Chinese exchanges (SHFE, DCE, CZCE, CFFEX, INE, GFEX), investment advisory, asset management, and risk management services, with 40+ branch offices spanning major Chinese economic regions and a 501–1,000 employee headcount. Its asset management franchise is anchored on a proprietary multi-strategy, multi-cycle, multi-product CTA trading system developed since 2014, distributed through the Ruizhi (瑞智) product series (Ruizhi Worry-Free, Ruizhi Progressive, Ruizhi Steady) and the Lighthouse (灯塔) pure-commodity hedging series, accessible via the qualified investor platform at zg.rdqh.com and requiring minimum investment thresholds of 300,000 RMB for fixed income, 400,000 RMB for mixed, and 1,000,000 RMB for equity/commodity derivative products.

The corporate structure comprises five wholly-owned subsidiaries: Ruida Xinkong Capital Management (risk management: basis trading, warehouse receipts, cooperative hedging, OTC derivatives, market making); Ruida International Financial Holdings (Hong Kong, SFC Type 2 licensed for cross-border business); Ruida Fund Management (public securities investment funds, established 2019); Ruida Ruikong Technology (fintech and digital transformation, established 2023 in Shanghai); and Ruida Property (real estate, including the Ruida International Financial Center). Revenue is generated through transaction-based brokerage commissions, recurring asset management fees and performance fees, market-making spreads, and advisory fees, with strategic emphasis shifting toward asset management and market making over the brokerage core. The firm has built market-leading market making positions in commodity options (14%+ market share in 2024, 22% coverage across nearly all commodity option varieties) and serves over 100 institutional asset management clients, with cumulative managed commodity and derivatives assets exceeding 140 billion RMB. The company is the only domestic futures firm capable of accepting bank mandates of 10 billion RMB+ in pure futures asset management, and was the first futures company listed on the Shenzhen Stock Exchange and the second A-share listed futures company in China.

Name

Ruida Futures

Legal name

瑞达期货股份有限公司

Website

https://rdqh.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ruida Futures is a Chinese full-license futures company (Shenzhen Stock Exchange: 002961) offering brokerage, asset management, investment advisory, and risk management services across all six domestic Chinese futures exchanges, with 40+ branches and five subsidiaries serving institutional, high-net-worth, and enterprise clients.

Ownership category

akta.pro rank

Product category

Futures Brokerage

NAICS

Commodity Contracts Intermediation (52316), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232)

SIC

Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Derivatives & Futures Brokerage (FSAEACAL)

akta.pro secondary industries

Hedge Funds — Commodity Systematic/CTA (Managed Futures) (FSAHAHAC), Commodity Derivatives Exchanges (Futures & Options on Commodities) (FSAFAMAG)

Keywords

• Futures brokerage
• Asset management
• CTA strategies
• Risk management
• Investment advisory

Headquarters

HQ city

Xiamen

HQ country

China

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. 期货经纪业务 (Futures Brokerage): Commission-based brokerage services for commodity and financial futures trading
2. 资产管理业务 (Asset Management): Management fees and performance fees from proprietary CTA and collective asset management products including 瑞智无忧, 瑞智进取, 瑞智稳健 series
3. 投资咨询业务 (Investment Advisory): Research and consulting services to institutional and individual clients
4. 风险管理业务 (Risk Management): Services through subsidiary 瑞达新控 including basis trade, warehouse receipt services, cooperative hedging, OTC derivatives, and market making

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Ruida Futures is a comprehensive, full-license Chinese futures company providing commodity and financial futures brokerage across all domestic exchanges, proprietary CTA-based asset management products (Ruizhi 瑞智 series, Lighthouse 灯塔 series), investment advisory/research services, and enterprise risk management through its subsidiary Ruida Xinkong (basis trade, warehouse receipts, cooperative hedging, OTC derivatives, market making). It serves institutional investors, high-net-worth qualified investors, and industrial/agricultural enterprise clients through 40+ branches and digital channels.

Product overview

Ruida Futures operates as a comprehensive financial services provider with a multi-product, multi-subsidiary architecture. The core business includes futures brokerage, investment consulting, risk management, and asset management. The product portfolio centers on the 瑞达期货APP (mobile trading platform), the 特定客户资产管理平台 (qualified investor portal), and the 瑞智 (Ruizhi) series of CTA products including 瑞智无忧共赢, 瑞智进取, and 瑞智稳健 sub-brands, complemented by the 灯塔 series for pure commodity hedging. Supporting subsidiaries include 瑞达新控 (risk management services), 瑞达基金 (fund management), 瑞达瑞控科技 (FinTech), and 瑞达置业 (real estate), while the 金尝发 service brand handles wealth management for high-net-worth clients.

Differentiator

Problem solved

Functional benefit

Brands

• 瑞智 (Rui Zhi): 主动管理型期货资管产品系列，包括瑞智无忧、瑞智进取、瑞智稳健等子系列
• 金尝发 (Jin Chang Fa)
• 瑞达期货APP
• 灯塔策略 (Lighthouse Strategy)
• 瑞达新控 (Ruida Xinkong)
• 瑞达瑞控 (Ruida Ruikong)

Products and services

• Ruida Futures Mobile App (瑞达期货APP) Mobile application providing one-stop services for futures account setup and mobile trading across all domestic exchanges. Targeted at individual retail and SMB clients enabling convenient self-serve onboarding.
• Qualified Investor Asset Management Platform (特定客户资产管理平台) Online platform for qualified investors to log in and access asset management products and services, supporting account management and product purchases. Includes 单一资产管理计划 (Single Asset Management Plan), 集合资产管理计划 (Collective Asset Management Plan), and Fund of Funds.
• Ruizhi Wuyou Gongying Series (瑞智无忧共赢系列) Core CTA strategy series under Ruida's asset management featuring multi-strategy, multi-cycle, multi-product hedging approaches with nearly 8 years of operational history. Awarded 2025 Annual Excellent Asset Management Product (年度优秀资管产品) and 2025 CTA awards. Targets qualified investors with professional futures and derivatives asset management needs.
• Ruizhi Jinqu Series (瑞智进取系列) Active management futures asset management product series with stable historical performance, focusing on futures and derivatives investments for qualified investors seeking professional CTA exposure.
• Ruizhi Wenjian Series (瑞智稳健系列) Steady-risk focused asset management product series under Ruida's CTA strategy offerings, targeting qualified investors prioritizing capital preservation with measured futures/derivatives exposure.
• Lighthouse Series (灯塔系列) Pure commodity hedging strategy focusing on commodity futures without equity index futures, targeting lower correlation with stock markets for institutional and high-net-worth investors.
• Ruida Xinkong Risk Management Services (瑞达新控) Wholly-owned risk management subsidiary providing basis trade, warehouse receipt services, cooperative hedging, OTC derivatives, and market making services to real economy enterprises. Serves thousands of enterprise clients for commodity price risk management.
• Ruida Fund Management (瑞达基金) Wholly-owned subsidiary engaged in public securities investment fund management and fund sales services, established in 2019. Extends Ruida's asset management capabilities into publicly offered funds.
• Ruida International Financial Holdings (瑞达国际金融控股) Hong Kong-based international subsidiary providing cross-border brokerage and overseas financial services, holding Hong Kong SFC Type 2 license for international business expansion.
• Jin Changfa Wealth Management (金尝发) Service brand offering personalized customized wealth management services for high-net-worth clients, dedicated contact line for consulting on 24-hour financial services.
• Ruida Futures Academy (期货学院) Professional training platform providing enterprise risk management consulting training, talent development, and investor education. Includes variety introductions, options education, investor protection materials, and industry-appropriate knowledge content.
• Futures Brokerage Services (经纪业务) Core futures brokerage services for commodity and financial futures trading across Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, China Financial Futures Exchange, Shanghai International Energy Exchange, and Guangzhou Futures Exchange. Provides liquidity and execution for clients across all major domestic exchange products.
• Investment Advisory Services (投资咨询业务) Research and consulting services to institutional and individual clients, supported by the in-house Ruizhi Research Institute (瑞达研究院). Includes strategic market research, variety-specific analysis, and trading strategy advice.

Quantifiable outcome

• Cumulative managed commodity and derivatives assets exceeding 140 billion RMB
• +4 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and strategic.

• 上海期货交易所 (Shanghai Futures Exchange)coreOthersPrimary futures exchange for trading metal, energy, and petrochemical futures contracts. Ruida Futures provides liquidity and executes trades for clients across all SHFE products.
• 大连商品交易所 (Dalian Commodity Exchange)coreOthersMajor commodity futures exchange where Ruida Futures serves as market maker for agricultural and industrial futures, holding multiple market maker awards.
• 郑州商品交易所 (Zhengzhou Commodity Exchange)coreOthersLeading exchange for agricultural and chemical futures where Ruida holds multiple market making and service excellence awards.
• 中国金融期货交易所 (China Financial Futures Exchange)coreOthersExchange for financial futures and options where Ruida provides trading services for stock index and treasury futures.
• 上海国际能源交易中心 (Shanghai International Energy Exchange)coreOthersInternational commodity futures exchange for crude oil and related products where Ruida provides trading and market making services.
• 广州期货交易所 (Guangzhou Futures Exchange)coreOthersNewest futures exchange for industrial silicon and other specialty commodities where Ruida holds market making qualifications.
• 瑞达新控资本管理有限公司 (Ruida New Control Capital Management)coreOthersWholly-owned risk management subsidiary established in 2013 providing basis trade, warehouse receipt services, cooperative hedging, OTC derivatives, and market making services to real economy enterprises.
• 瑞达基金管理有限公司 (Ruida Fund Management)coreOthersWholly-owned public fund management subsidiary established in 2019 providing public securities investment fund management and sales services.
• 瑞达国际金融控股有限公司 (Ruida International Financial Holdings)strategicOthersHong Kong-based international business subsidiary providing cross-border financial services, holding Hong Kong SFC Type 2 license.
• 瑞达瑞控科技有限公司 (Ruida Ruikong Technology)strategicOthersFirst financial technology subsidiary in the industry established in August 2023 in Shanghai, focused on digital transformation and fintech innovation.
• 中国太平洋财产保险股份有限公司 (CPIC Property)coreStrategic or Co-development PartnerStrategic partnership for insurance plus futures programs, collaborating on agricultural product price insurance projects covering natural rubber, live pigs, feed, eggs, and sugar.
• Industrial Enterprises (Steel, Manufacturing, Agriculture)coreOthersReal economy enterprises served through risk management services including off-exchange options, basis trade, and cooperative hedging for commodity price risk management.

Scale indicators10 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Yongxing Futures: Major Chinese listed futures brokerage with comparable CTA asset management, brokerage, and risk management subsidiaries; the closest direct peer given similar product breadth and listing status.
• CITIC Futures: Largest Chinese futures broker by capital and tied to CITIC Securities; directly competes for institutional mandates, market-making slots, and HNW asset management.
• China Merchants Futures: Mid-sized Chinese futures broker with nationwide branches and CTA capabilities; competes for similar qualified-investor asset management and market-making mandates.
• Guotai Junan Futures: Tier-1 Chinese futures firm backed by Guotai Junan Securities; competes directly across brokerage, asset management, and risk management segments.
• Shenwan Hongyuan Futures: Listed Chinese futures broker with comparable brokerage and asset management services; competes for institutional clients in CTA and commodity derivatives.
• GF Futures: Securities-firm-affiliated futures broker with similar product breadth; competes for HNW, institutional, and corporate hedging clients across China.
• Nanhua Futures: Leading Chinese listed futures firm with comparable brokerage, asset management, and risk management services; strong CTA capabilities and public listing make it a highly comparable peer.
• Huatai Futures: Top-tier Chinese futures brokerage under Huatai Securities; comparable scale and breadth across futures brokerage, asset management, and risk management services.
• Galaxy Futures: Major Chinese futures broker affiliated with Galaxy Securities; offers directly comparable brokerage, asset management, and market-making services.
• Haitong Futures: Securities-firm-affiliated futures broker with comparable nationwide branch network, asset management, and risk management subsidiary structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ruida Futures