> **来源：[研报客](https://pc.yanbaoke.cn)** # 国债期货持仓日报 2026年2月13日 # 国债期货成交概要 <table><tr><td></td><td>收盘价</td><td>+/-</td><td>成交量</td><td>+/-</td><td>成交额</td><td>+/-</td><td>持仓量</td><td>+/-</td><td>持仓保证金(亿元)</td></tr><tr><td>T2603</td><td>108.51</td><td>-0.10%</td><td>114,022</td><td>58%</td><td>1,237</td><td>58%</td><td>143,233</td><td>-40,918</td><td>31.1</td></tr><tr><td>T2606</td><td>108.56</td><td>-0.06%</td><td>92,790</td><td>69%</td><td>1,007</td><td>69%</td><td>182,637</td><td>23,718</td><td>39.7</td></tr><tr><td>T2609</td><td>108.54</td><td>-0.03%</td><td>1,577</td><td>280%</td><td>17</td><td>280%</td><td>7,646</td><td></td><td>1.7</td></tr><tr><td>合计</td><td></td><td></td><td>208,389</td><td>64%</td><td>2,261</td><td>64%</td><td>333,516</td><td>-16,937</td><td>72.4</td></tr><tr><td></td><td>收盘价</td><td>+/-</td><td>成交量</td><td>+/-</td><td>成交额</td><td>+/-</td><td>持仓量</td><td>+/-</td><td>持仓保证金(亿元)</td></tr><tr><td>TF2603</td><td>105.98</td><td>-0.09%</td><td>79,887</td><td>26%</td><td>847</td><td>26%</td><td>52,705</td><td>-23,141</td><td>6.7</td></tr><tr><td>TF2606</td><td>106.11</td><td>-0.04%</td><td>80,609</td><td>116%</td><td>856</td><td>116%</td><td>128,345</td><td>21,660</td><td>16.3</td></tr><tr><td>TF2609</td><td>105.91</td><td>-0.02%</td><td>1,887</td><td>6%</td><td>20</td><td>6%</td><td>9,030</td><td></td><td>1.1</td></tr><tr><td>合计</td><td></td><td></td><td>162,383</td><td>59%</td><td>1,723</td><td>59%</td><td>190,080</td><td></td><td>24.2</td></tr><tr><td></td><td>收盘价</td><td>+/-</td><td>成交量</td><td>+/-</td><td>成交额</td><td>+/-</td><td>持仓量</td><td>+/-</td><td>持仓保证金(亿元)</td></tr><tr><td>TL2603</td><td>112.84</td><td>0.04%</td><td>88,246</td><td>55%</td><td>994</td><td>55%</td><td>71,614</td><td>-15,702</td><td>28.3</td></tr><tr><td>TL2606</td><td>113.01</td><td>0.06%</td><td>62,287</td><td>96%</td><td>703</td><td>96%</td><td>101,614</td><td>8,103</td><td>40.2</td></tr><tr><td>TL2609</td><td>112.79</td><td>0.08%</td><td>2,920</td><td>79%</td><td>33</td><td>78%</td><td>8,194</td><td></td><td>3.2</td></tr><tr><td>合计</td><td></td><td></td><td>153,453</td><td>70%</td><td>1,730</td><td>70%</td><td>181,422</td><td>-6,904</td><td>71.7</td></tr><tr><td></td><td>收盘价</td><td>+/-</td><td>成交量</td><td>+/-</td><td>成交额</td><td>+/-</td><td>持仓量</td><td>+/-</td><td>持仓保证金(亿元)</td></tr><tr><td>TS2603</td><td>102.44</td><td>-0.03%</td><td>32,949</td><td>-25%</td><td>675</td><td>-25%</td><td>27,465</td><td>-7,354</td><td>2.8</td></tr><tr><td>TS2606</td><td>102.50</td><td>-0.02%</td><td>24,347</td><td>31%</td><td>499</td><td>31%</td><td>43,243</td><td>6,904</td><td>4.4</td></tr><tr><td>TS2609</td><td>102.51</td><td>-0.01%</td><td>265</td><td>-13%</td><td>5</td><td>-13%</td><td>1,310</td><td></td><td>0.1</td></tr><tr><td>合计</td><td></td><td></td><td>57,561</td><td>-8%</td><td>1,180</td><td>-8%</td><td>72,018</td><td>-426</td><td>7.4</td></tr></table> # 国债期货净持仓情况 两年期国债期货净持仓 五年期国债期货净持仓 十年期国债期货净持仓 三十年期国债期货净持仓 # 两年期国债期货持仓情况 两年期国债期货2603合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>东证期货</td><td>12,054</td><td>-2.364</td><td>1</td><td>平安期货</td><td>4,275</td><td>2,105</td><td>43.1</td><td>15.6%</td><td>9.3%</td><td>1</td><td>中信期货</td><td>6,643</td><td>-1,328</td><td>-27.2</td><td>24.2%</td><td>1.3%</td></tr><tr><td>2</td><td>中信期货</td><td>11,960</td><td>-7.43</td><td>2</td><td>国泰君安</td><td>3,589</td><td>-518</td><td>-10.6</td><td>13.1%</td><td>1.3%</td><td>2</td><td>国泰君安</td><td>4,034</td><td>-2,013</td><td>-41.2</td><td>14.7%</td><td>-3.7%</td></tr><tr><td>3</td><td>国泰君安</td><td>8,757</td><td>-7.84</td><td>3</td><td>中信期货</td><td>2,801</td><td>-1,180</td><td>-24.2</td><td>10.2%</td><td>-1.2%</td><td>3</td><td>银河期货</td><td>3,636</td><td>-963</td><td>-19.8</td><td>13.2%</td><td>0.0%</td></tr><tr><td>4</td><td>招商期货</td><td>3,997</td><td>-335</td><td>4</td><td>华泰期货</td><td>1,756</td><td>-51</td><td>-1.0</td><td>6.4%</td><td>1.2%</td><td>4</td><td>广发期货</td><td>2,712</td><td>-1,263</td><td>-25.9</td><td>9.9%</td><td>-1.6%</td></tr><tr><td>5</td><td>平安期货</td><td>3,349</td><td>2,178</td><td>5</td><td>银河期货</td><td>1,696</td><td>-287</td><td>-5.9</td><td>6.2%</td><td>0.5%</td><td>5</td><td>永安期货</td><td>2,008</td><td>-103</td><td>-2.2</td><td>7.3%</td><td>1.2%</td></tr><tr><td>6</td><td>中信建投</td><td>2,811</td><td>-3.15</td><td>6</td><td>东证期货</td><td>1,624</td><td>-610</td><td>-12.5</td><td>5.9%</td><td>-0.5%</td><td>6</td><td>宏源期货</td><td>1,431</td><td>-78</td><td>-1.6</td><td>5.2%</td><td>0.9%</td></tr><tr><td>7</td><td>华闻期货</td><td>2,649</td><td>1,256</td><td>7</td><td>中信建投</td><td>1,520</td><td>-82</td><td>-1.7</td><td>5.5%</td><td>0.9%</td><td>7</td><td>东证期货</td><td>1,160</td><td>-108</td><td>-2.2</td><td>4.2%</td><td>0.6%</td></tr><tr><td>8</td><td>银河期货</td><td>1,790</td><td>-2.62</td><td>8</td><td>中银期货</td><td>1,310</td><td>-164</td><td>-3.4</td><td>4.8%</td><td>0.5%</td><td>8</td><td>平安期货</td><td>663</td><td>52</td><td>1.1</td><td>2.4%</td><td>0.7%</td></tr><tr><td>9</td><td>永安期货</td><td>1,632</td><td>1,111</td><td>9</td><td>永安期货</td><td>1,146</td><td>-1,433</td><td>-29.4</td><td>4.2%</td><td>-3.2%</td><td>9</td><td>中信建投</td><td>574</td><td>-123</td><td>-2.3</td><td>2.1%</td><td>0.1%</td></tr><tr><td>10</td><td>华泰期货</td><td>1,444</td><td>-442</td><td>10</td><td>创元期货</td><td>867</td><td>-73</td><td>-1.5</td><td>3.2%</td><td>0.5%</td><td>10</td><td>渤海期货</td><td>371</td><td>-50</td><td>-1.0</td><td>1.4%</td><td>0.1%</td></tr><tr><td></td><td>前五席位</td><td>40,117</td><td>-16,048</td><td></td><td>前五席位</td><td>14,117</td><td>69</td><td>1.4</td><td>51.4%</td><td>8.1%</td><td></td><td>前五席位</td><td>19,033</td><td>-5,679</td><td>-116.3</td><td>69.3%</td><td>-1.7%</td></tr><tr><td></td><td>前十席位</td><td>50,443</td><td>-20,700</td><td></td><td>前十席位</td><td>20,584</td><td>-2,293</td><td>-47.0</td><td>74.9%</td><td>8.4%</td><td></td><td>前十席位</td><td>23,232</td><td>-5,991</td><td>-122.7</td><td>84.6%</td><td>0.2%</td></tr><tr><td></td><td>前二十席</td><td>59,086</td><td>-20,844</td><td></td><td>前二十席</td><td>23,832</td><td>-3,744</td><td>-76.7</td><td>86.8%</td><td>4.2%</td><td></td><td>前二十席</td><td>25,713</td><td>-6,709</td><td>-137.4</td><td>93.6%</td><td>0.1%</td></tr></table> 两年期国债期货2606合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>12,428</td><td>7,024</td><td>1</td><td>中信期货</td><td>7,372</td><td>901</td><td colspan="2">18.5</td><td>17.0%</td><td>-0.8%</td><td>1</td><td>国泰君安</td><td>11,516</td><td>1,457</td><td colspan="2">29.9</td><td>26.6%</td><td>-1.1%</td></tr><tr><td>2</td><td>国泰君安</td><td>6,283</td><td>1,676</td><td>2</td><td>中信建投</td><td>5,120</td><td>145</td><td colspan="2">3.0</td><td>11.8%</td><td>-1.9%</td><td>2</td><td>中信期货</td><td>6,852</td><td>1,303</td><td colspan="2">26.7</td><td>15.8%</td><td>0.6%</td></tr><tr><td>3</td><td>东证期货</td><td>5,059</td><td>-505</td><td>3</td><td>国泰君安</td><td>3,594</td><td>324</td><td colspan="2">6.6</td><td>8.3%</td><td>-0.7%</td><td>3</td><td>广发期货</td><td>5,330</td><td>1,268</td><td colspan="2">26.0</td><td>12.3%</td><td>1.1%</td></tr><tr><td>4</td><td>招商期货</td><td>2,626</td><td>263</td><td>4</td><td>长江期货</td><td>3,522</td><td>7</td><td colspan="2">0.1</td><td>8.1%</td><td>-1.5%</td><td>4</td><td>东证期货</td><td>3,629</td><td>117</td><td colspan="2">2.4</td><td>8.4%</td><td>-1.3%</td></tr><tr><td>5</td><td>中信建投</td><td>2,140</td><td>-27</td><td>5</td><td>永安期货</td><td>2,571</td><td>1,608</td><td colspan="2">33.0</td><td>5.9%</td><td>3.3%</td><td>5</td><td>银河期货</td><td>2,450</td><td>765</td><td colspan="2">15.7</td><td>5.7%</td><td>1.0%</td></tr><tr><td>6</td><td>永安期货</td><td>1,724</td><td>1,139</td><td>6</td><td>国投期货</td><td>1,779</td><td>139</td><td colspan="2">2.8</td><td>4.1%</td><td>-0.4%</td><td>6</td><td>海通期货</td><td>2,136</td><td>894</td><td colspan="2">18.3</td><td>4.9%</td><td>1.5%</td></tr><tr><td>7</td><td>银河期货</td><td>1,545</td><td>550</td><td>7</td><td>瑞达期货</td><td>1,635</td><td>15</td><td colspan="2">0.3</td><td>3.8%</td><td>-0.7%</td><td>7</td><td>格林大华</td><td>1,649</td><td>1</td><td colspan="2">0.0</td><td>3.8%</td><td>-0.7%</td></tr><tr><td>8</td><td>广发期货</td><td>1,331</td><td>-250</td><td>8</td><td>中金财富</td><td>1,536</td><td>893</td><td colspan="2">18.3</td><td>3.6%</td><td>1.7%</td><td>8</td><td>华泰期货</td><td>1,467</td><td>62</td><td colspan="2">1.3</td><td>3.4%</td><td>-0.5%</td></tr><tr><td>9</td><td>平安期货</td><td>1,243</td><td>887</td><td>9</td><td>金元期货</td><td>1,153</td><td>20</td><td colspan="2">0.4</td><td>2.7%</td><td>-0.5%</td><td>9</td><td>宝城期货</td><td>1,423</td><td>387</td><td colspan="2">7.9</td><td>3.3%</td><td>0.4%</td></tr><tr><td>10</td><td>海通期货</td><td>1,190</td><td>-108</td><td>10</td><td>光大期货</td><td>1,142</td><td>902</td><td colspan="2">18.5</td><td>2.6%</td><td>#N/A</td><td>10</td><td>宏源期货</td><td>1,018</td><td>52</td><td colspan="2">1.1</td><td>2.4%</td><td>-0.3%</td></tr><tr><td></td><td>前五席位</td><td>28,536</td><td>8,431</td><td></td><td>前五席位</td><td>22,179</td><td>2,985</td><td colspan="2">61.2</td><td>51.3%</td><td>-3.4%</td><td></td><td>前五席位</td><td>29,777</td><td>4,910</td><td colspan="2">100.7</td><td>68.9%</td><td>0.4%</td></tr><tr><td></td><td>前十席位</td><td>35,569</td><td>10,649</td><td></td><td>前十席位</td><td>29,424</td><td>4,954</td><td colspan="2">101.6</td><td>68.0%</td><td>-2.9%</td><td></td><td>前十席位</td><td>37,470</td><td>6,306</td><td colspan="2">129.3</td><td>86.6%</td><td>0.9%</td></tr><tr><td></td><td>前二十席</td><td>43,086</td><td>11,420</td><td></td><td>前二十席</td><td>36,654</td><td>6,279</td><td colspan="2">128.7</td><td>84.8%</td><td>-1.9%</td><td></td><td>前二十席</td><td>41,558</td><td>6,857</td><td colspan="2">140.6</td><td>96.1%</td><td>0.0%</td></tr></table> # 五年期国债期货持仓情况 五年期国债期货2603合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>32,446</td><td>6,174</td><td>1</td><td>中信期货</td><td>9,118</td><td>-2,336</td><td>-24.8</td><td>17.3%</td><td>2.0%</td><td>1</td><td>国泰君安</td><td>11,904</td><td>-3,088</td><td>-32.7</td><td>22.6%</td><td>2.6%</td></tr><tr><td>2</td><td>东证期货</td><td>19,034</td><td>-1,281</td><td>2</td><td>平安期货</td><td>5,456</td><td>-25</td><td>-0.3</td><td>10.4%</td><td>3.0%</td><td>2</td><td>宏源期货</td><td>5,351</td><td>-238</td><td>-2.5</td><td>10.2%</td><td>2.7%</td></tr><tr><td>3</td><td>国泰君安</td><td>17,355</td><td>-2,155</td><td>3</td><td>招商期货</td><td>4,449</td><td>-95</td><td>-1.0</td><td>8.4%</td><td>2.4%</td><td>3</td><td>东证期货</td><td>4,815</td><td>37</td><td>0.4</td><td>9.1%</td><td>2.8%</td></tr><tr><td>4</td><td>招商期货</td><td>9,018</td><td>-434</td><td>4</td><td>国泰君安</td><td>4,049</td><td>-2,549</td><td>-27.0</td><td>7.7%</td><td>-1.1%</td><td>4</td><td>平安期货</td><td>4,608</td><td>-2,298</td><td>-24.4</td><td>8.7%</td><td>-0.5%</td></tr><tr><td>5</td><td>华闻期货</td><td>6,500</td><td>2,296</td><td>5</td><td>东证期货</td><td>3,104</td><td>-1,957</td><td>-20.7</td><td>5.9%</td><td>-0.9%</td><td>5</td><td>招商期货</td><td>3,737</td><td>-2,813</td><td>-29.8</td><td>7.1%</td><td>-1.7%</td></tr><tr><td>6</td><td>平安期货</td><td>5,815</td><td>4,049</td><td>6</td><td>申银万国</td><td>2,629</td><td>-169</td><td>-1.8</td><td>5.0%</td><td>1.2%</td><td>6</td><td>中信期货</td><td>3,147</td><td>-1,960</td><td>-20.8</td><td>6.0%</td><td>-0.9%</td></tr><tr><td>7</td><td>海通期货</td><td>5,503</td><td>1,607</td><td>7</td><td>银河期货</td><td>1,910</td><td>-1,230</td><td>-13.0</td><td>3.6%</td><td>-0.6%</td><td>7</td><td>银河期货</td><td>2,766</td><td>-2,132</td><td>-22.6</td><td>5.2%</td><td>-1.3%</td></tr><tr><td>8</td><td>银河期货</td><td>5,392</td><td>-399</td><td>8</td><td>中信建投</td><td>1,643</td><td>-541</td><td>-5.7</td><td>3.1%</td><td>0.2%</td><td>8</td><td>申银万国</td><td>2,635</td><td>-41</td><td>-0.4</td><td>5.0%</td><td>1.4%</td></tr><tr><td>9</td><td>南华期货</td><td>4,946</td><td>2,725</td><td>9</td><td>华泰期货</td><td>1,588</td><td>-273</td><td>-2.9</td><td>3.0%</td><td>0.5%</td><td>9</td><td>华泰期货</td><td>2,386</td><td>-1,094</td><td>-11.6</td><td>4.5%</td><td>-0.1%</td></tr><tr><td>10</td><td>中信建投</td><td>4,841</td><td>-1,110</td><td>10</td><td>宏源期货</td><td>1,314</td><td>-349</td><td>-3.7</td><td>2.5%</td><td>0.3%</td><td>10</td><td>兴业期货</td><td>1,484</td><td>4</td><td>0.0</td><td>2.8%</td><td>0.8%</td></tr><tr><td></td><td>前五席位</td><td>84,353</td><td>4,600</td><td></td><td>前五席位</td><td>26,176</td><td>-6,962</td><td>-73.8</td><td>49.7%</td><td>5.4%</td><td></td><td>前五席位</td><td>30,415</td><td>-8,400</td><td>-89.0</td><td>57.7%</td><td>5.4%</td></tr><tr><td></td><td>前十席位</td><td>110,850</td><td>11,472</td><td></td><td>前十席位</td><td>35,260</td><td>-9,524</td><td>-100.9</td><td>66.9%</td><td>6.1%</td><td></td><td>前十席位</td><td>42,833</td><td>-13,623</td><td>-144.4</td><td>81.3%</td><td>4.6%</td></tr><tr><td></td><td>前二十席</td><td>136,973</td><td>22,500</td><td></td><td>前二十席</td><td>43,468</td><td>-14,937</td><td>-158.3</td><td>82.5%</td><td>3.2%</td><td></td><td>前二十席</td><td>49,871</td><td>-17,681</td><td>-187.4</td><td>94.6%</td><td>3.9%</td></tr></table> 五年期国债期货2606合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>31,735</td><td>16,320</td><td>1</td><td>东证期货</td><td>27,608</td><td>1,231</td><td colspan="2">13.0</td><td>21.5%</td><td>-3.3%</td><td>1</td><td>中信期货</td><td>22,797</td><td>2,144</td><td colspan="2">22.7</td><td>17.8%</td><td>-1.6%</td></tr><tr><td>2</td><td>东证期货</td><td>20,433</td><td>6,324</td><td>2</td><td>中信期货</td><td>24,163</td><td>2,825</td><td colspan="2">29.9</td><td>18.8%</td><td>-1.3%</td><td>2</td><td>国泰君安</td><td>15,625</td><td>2,671</td><td colspan="2">28.3</td><td>12.2%</td><td>0.0%</td></tr><tr><td>3</td><td>国泰君安</td><td>17,385</td><td>14,081</td><td>3</td><td>国泰君安</td><td>11,337</td><td>2,454</td><td colspan="2">26.0</td><td>8.8%</td><td>0.5%</td><td>3</td><td>银河期货</td><td>13,122</td><td>2,443</td><td colspan="2">25.9</td><td>10.2%</td><td>0.2%</td></tr><tr><td>4</td><td>招商期货</td><td>10,732</td><td>6,898</td><td>4</td><td>银河期货</td><td>5,603</td><td>1,148</td><td colspan="2">12.2</td><td>4.4%</td><td>0.2%</td><td>4</td><td>东证期货</td><td>11,316</td><td>2,474</td><td colspan="2">26.2</td><td>8.8%</td><td>0.5%</td></tr><tr><td>5</td><td>银河期货</td><td>9,045</td><td>1,867</td><td>5</td><td>平安期货</td><td>4,475</td><td>981</td><td colspan="2">10.4</td><td>3.5%</td><td>0.2%</td><td>5</td><td>广发期货</td><td>7,935</td><td>789</td><td colspan="2">8.4</td><td>6.2%</td><td>-0.5%</td></tr><tr><td>6</td><td>渤海期货</td><td>7,918</td><td>3,794</td><td>6</td><td>中金财富</td><td>3,917</td><td>766</td><td colspan="2">8.1</td><td>3.1%</td><td>0.1%</td><td>6</td><td>华泰期货</td><td>7,871</td><td>660</td><td colspan="2">7.0</td><td>6.1%</td><td>-0.6%</td></tr><tr><td>7</td><td>平安期货</td><td>7,885</td><td>5,646</td><td>7</td><td>中信建投</td><td>3,733</td><td>782</td><td colspan="2">8.3</td><td>2.9%</td><td>0.1%</td><td>7</td><td>平安期货</td><td>5,203</td><td>2,208</td><td colspan="2">23.4</td><td>4.1%</td><td>0.1%</td></tr><tr><td>8</td><td>中信建投</td><td>6,306</td><td>3,577</td><td>8</td><td>光大期货</td><td>2,806</td><td>943</td><td colspan="2">10.0</td><td>2.2%</td><td>-0.3%</td><td>8</td><td>和融期货</td><td>4,337</td><td>210</td><td colspan="2">2.2</td><td>3.4%</td><td>-0.5%</td></tr><tr><td>9</td><td>宝城期货</td><td>3,742</td><td>3,339</td><td>9</td><td>华泰期货</td><td>2,746</td><td>59</td><td colspan="2">0.6</td><td>2.1%</td><td>-0.3%</td><td>9</td><td>国投期货</td><td>4,080</td><td>93</td><td colspan="2">1.0</td><td>3.2%</td><td>-0.6%</td></tr><tr><td>10</td><td>华泰期货</td><td>3,425</td><td>2,138</td><td>10</td><td>兴证期货</td><td>2,637</td><td>384</td><td colspan="2">4.1</td><td>2.1%</td><td>-1.3%</td><td>10</td><td>宏源期货</td><td>3,954</td><td>827</td><td colspan="2">8.8</td><td>3.1%</td><td>0.1%</td></tr><tr><td></td><td>前五席位</td><td>89,330</td><td>45,490</td><td></td><td>前五席位</td><td>73,186</td><td>8,639</td><td colspan="2">91.6</td><td>57.0%</td><td>-3.5%</td><td></td><td>前五席位</td><td>70,795</td><td>10,521</td><td colspan="2">111.5</td><td>55.2%</td><td>-1.4%</td></tr><tr><td></td><td>前十席位</td><td>118,606</td><td>63,984</td><td></td><td>前十席位</td><td>89,025</td><td>11,573</td><td colspan="2">122.6</td><td>69.4%</td><td>-4.5%</td><td></td><td>前十席位</td><td>96,240</td><td>14,519</td><td colspan="2">153.9</td><td>75.0%</td><td>-1.7%</td></tr><tr><td></td><td>前二十席</td><td>135,888</td><td>73,102</td><td></td><td>前二十席</td><td>108,556</td><td>16,960</td><td colspan="2">179.7</td><td>84.6%</td><td>-2.1%</td><td></td><td>前二十席</td><td>118,928</td><td>19,443</td><td colspan="2">206.0</td><td>92.7%</td><td>-0.6%</td></tr></table> # 十年期国债期货持仓情况 十年期国债期货2603合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>62,002</td><td>22,265</td><td>1</td><td>中信期货</td><td>24,772</td><td>-7.53</td><td colspan="2">-81.7</td><td>17.3%</td><td>-0.2%</td><td>1</td><td>东证期货</td><td>19,215</td><td>-6,417</td><td colspan="2">-69.6</td><td>13.4%</td><td>-0.5%</td></tr><tr><td>2</td><td>东证期货</td><td>28,711</td><td>12,666</td><td>2</td><td>国泰君安</td><td>23,657</td><td>-4.38</td><td colspan="2">-47.6</td><td>16.5%</td><td>1.3%</td><td>2</td><td>招商期货</td><td>17,099</td><td>-372</td><td colspan="2">-4.0</td><td>11.9%</td><td>2.5%</td></tr><tr><td>3</td><td>国泰君安</td><td>23,302</td><td>9,134</td><td>3</td><td>东证期货</td><td>11,310</td><td>-4.55</td><td colspan="2">-49.4</td><td>7.9%</td><td>-0.7%</td><td>3</td><td>国泰君安</td><td>16,932</td><td>-4,817</td><td colspan="2">-52.5</td><td>11.8%</td><td>0.0%</td></tr><tr><td>4</td><td>华闻期货</td><td>12,086</td><td>5,807</td><td>4</td><td>平安期货</td><td>8,883</td><td>-88.2</td><td colspan="2">-9.6</td><td>6.2%</td><td>0.9%</td><td>4</td><td>中信期货</td><td>15,540</td><td>-4,481</td><td colspan="2">-48.6</td><td>10.8%</td><td>0.0%</td></tr><tr><td>5</td><td>海通期货</td><td>8,246</td><td>4,355</td><td>5</td><td>银河期货</td><td>8,553</td><td>-1.06</td><td colspan="2">-11.6</td><td>6.0%</td><td>0.7%</td><td>5</td><td>宏源期货</td><td>10,633</td><td>-4,351</td><td colspan="2">-47.2</td><td>7.4%</td><td>-0.7%</td></tr><tr><td>6</td><td>国金期货</td><td>6,506</td><td>4,250</td><td>6</td><td>中信建投</td><td>5,819</td><td>-1.38</td><td colspan="2">-15.0</td><td>4.1%</td><td>0.2%</td><td>6</td><td>银河期货</td><td>10,117</td><td>-2.327</td><td colspan="2">-25.2</td><td>7.1%</td><td>0.3%</td></tr><tr><td>7</td><td>宏源期货</td><td>6,470</td><td>3,428</td><td>7</td><td>招商期货</td><td>5,775</td><td>81</td><td colspan="2">0.9</td><td>4.0%</td><td>0.9%</td><td>7</td><td>平安期货</td><td>8,854</td><td>-2.572</td><td colspan="2">-27.9</td><td>6.2%</td><td>0.0%</td></tr><tr><td>8</td><td>银河期货</td><td>5,780</td><td>3,105</td><td>8</td><td>华泰期货</td><td>5,268</td><td>-75.4</td><td colspan="2">-8.2</td><td>3.7%</td><td>0.4%</td><td>8</td><td>华泰期货</td><td>5,448</td><td>-1,391</td><td colspan="2">-15.1</td><td>3.8%</td><td>0.1%</td></tr><tr><td>9</td><td>申银万国</td><td>5,124</td><td>-369</td><td>9</td><td>中金财富</td><td>3,212</td><td>-73.4</td><td colspan="2">-8.0</td><td>2.2%</td><td>0.1%</td><td>9</td><td>中银期货</td><td>3,988</td><td>-141</td><td colspan="2">-1.5</td><td>2.8%</td><td>0.5%</td></tr><tr><td>10</td><td>平安期货</td><td>4,520</td><td>3,154</td><td>10</td><td>永安期货</td><td>3,158</td><td>-62.1</td><td colspan="2">-6.7</td><td>2.2%</td><td>0.2%</td><td>10</td><td>国金期货</td><td>3,627</td><td>-4.010</td><td colspan="2">-43.5</td><td>2.5%</td><td>-1.6%</td></tr><tr><td></td><td>前五席位</td><td>134,347</td><td>54,227</td><td></td><td>前五席位</td><td>77,175</td><td>-18,425</td><td colspan="2">-199.9</td><td>53.9%</td><td>2.0%</td><td></td><td>前五席位</td><td>79,419</td><td>-20,438</td><td colspan="2">-221.8</td><td>55.4%</td><td>1.2%</td></tr><tr><td></td><td>前十席位</td><td>162,747</td><td>67,795</td><td></td><td>前十席位</td><td>100,407</td><td>-21,834</td><td colspan="2">-236.9</td><td>70.1%</td><td>3.7%</td><td></td><td>前十席位</td><td>111,453</td><td>-30,879</td><td colspan="2">-335.1</td><td>77.8%</td><td>0.3%</td></tr><tr><td></td><td>前二十席</td><td>195,139</td><td>76,402</td><td></td><td>前二十席</td><td>120,087</td><td>-23,351</td><td colspan="2">-253.4</td><td>83.8%</td><td>4.1%</td><td></td><td>前二十席</td><td>134,525</td><td>-36,160</td><td colspan="2">-392.4</td><td>93.9%</td><td>0.7%</td></tr></table> 十年期国债期货2606合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>38,484</td><td>11,527</td><td>1</td><td>中信期货</td><td>40,782</td><td>6,077</td><td colspan="2">66.0</td><td>22.3%</td><td>0.5%</td><td>1</td><td>中信期货</td><td>27,944</td><td>3,071</td><td colspan="2">33.3</td><td>15.3%</td><td>-0.4%</td></tr><tr><td>2</td><td>东证期货</td><td>23,772</td><td>12,600</td><td>2</td><td>国泰君安</td><td>27,752</td><td>3,192</td><td colspan="2">34.7</td><td>15.2%</td><td>-0.3%</td><td>2</td><td>东证期货</td><td>25,284</td><td>3,966</td><td colspan="2">43.1</td><td>13.8%</td><td>0.4%</td></tr><tr><td>3</td><td>国泰君安</td><td>15,573</td><td>9,894</td><td>3</td><td>东证期货</td><td>19,678</td><td>3,018</td><td colspan="2">32.8</td><td>10.8%</td><td>0.3%</td><td>3</td><td>银河期货</td><td>13,847</td><td>2,929</td><td colspan="2">31.8</td><td>7.6%</td><td>0.7%</td></tr><tr><td>4</td><td>渤海期货</td><td>15,409</td><td>6,932</td><td>4</td><td>银河期货</td><td>7,329</td><td>860</td><td colspan="2">9.3</td><td>4.0%</td><td>-0.1%</td><td>4</td><td>国泰君安</td><td>12,936</td><td>1,973</td><td colspan="2">21.4</td><td>7.1%</td><td>0.2%</td></tr><tr><td>5</td><td>五矿期货</td><td>6,256</td><td>2,818</td><td>5</td><td>华泰期货</td><td>7,055</td><td>30</td><td colspan="2">0.3</td><td>3.9%</td><td>-0.6%</td><td>5</td><td>平安期货</td><td>8,782</td><td>-501</td><td colspan="2">-5.4</td><td>4.8%</td><td>-1.0%</td></tr><tr><td>6</td><td>银河期货</td><td>5,631</td><td>4,314</td><td>6</td><td>永安期货</td><td>5,752</td><td>661</td><td colspan="2">7.2</td><td>3.1%</td><td>-0.1%</td><td>6</td><td>广发期货</td><td>8,420</td><td>263</td><td colspan="2">2.9</td><td>4.6%</td><td>-0.5%</td></tr><tr><td>7</td><td>申银万国</td><td>5,044</td><td>1,458</td><td>7</td><td>中信建投</td><td>5,259</td><td>1,461</td><td colspan="2">15.9</td><td>2.9%</td><td>0.5%</td><td>7</td><td>国投期货</td><td>7,940</td><td>606</td><td colspan="2">6.6</td><td>4.3%</td><td>-0.3%</td></tr><tr><td>8</td><td>平安期货</td><td>4,930</td><td>2,702</td><td>8</td><td>中金财富</td><td>4,912</td><td>900</td><td colspan="2">9.8</td><td>2.7%</td><td>0.2%</td><td>8</td><td>华泰期货</td><td>7,928</td><td>1,015</td><td colspan="2">11.0</td><td>4.3%</td><td>0.0%</td></tr><tr><td>9</td><td>国金期货</td><td>4,632</td><td>2,277</td><td>9</td><td>兴证期货</td><td>4,786</td><td>192</td><td colspan="2">2.1</td><td>2.6%</td><td>-0.3%</td><td>9</td><td>宏源期货</td><td>7,386</td><td>1,612</td><td colspan="2">17.5</td><td>4.0%</td><td>0.4%</td></tr><tr><td>10</td><td>华泰期货</td><td>4,249</td><td>-7</td><td>10</td><td>光大期货</td><td>4,236</td><td>56</td><td colspan="2">0.6</td><td>2.3%</td><td>-0.3%</td><td>10</td><td>宝城期货</td><td>5,845</td><td>884</td><td colspan="2">9.6</td><td>3.2%</td><td>0.1%</td></tr><tr><td></td><td>前五席位</td><td>99,494</td><td>43,771</td><td></td><td>前五席位</td><td>102,596</td><td>13,177</td><td colspan="2">143.0</td><td>56.2%</td><td>-0.1%</td><td></td><td>前五席位</td><td>88,793</td><td>11,438</td><td colspan="2">124.2</td><td>48.6%</td><td>-0.1%</td></tr><tr><td></td><td>前十席位</td><td>123,980</td><td>54,515</td><td></td><td>前十席位</td><td>127,541</td><td>16,447</td><td colspan="2">178.5</td><td>69.8%</td><td>-0.1%</td><td></td><td>前十席位</td><td>126,312</td><td>15,818</td><td colspan="2">171.7</td><td>69.2%</td><td>-0.4%</td></tr><tr><td></td><td>前二十席</td><td>152,782</td><td>64,522</td><td></td><td>前二十席</td><td>152,944</td><td>20,449</td><td colspan="2">222.0</td><td>83.7%</td><td>-0.7%</td><td></td><td>前二十席</td><td>161,603</td><td>19,290</td><td colspan="2">209.4</td><td>88.5%</td><td>-1.1%</td></tr></table> # 三十年期国债期货持仓情况 三十年期国债期货2603合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td>持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>43,495</td><td>19,652</td><td>1</td><td>国泰君安</td><td>13,808</td><td>-2,622</td><td>-29.6</td><td>19.3%</td><td>0.5%</td><td>1</td><td>国泰君安</td><td>13,662</td><td>-1,636</td><td>-18.5</td><td>19.1%</td><td>1.6%</td></tr><tr><td>2</td><td>国泰君安</td><td>18,704</td><td>6,202</td><td>2</td><td>招商期货</td><td>9,120</td><td>-235</td><td>-23.3</td><td>12.7%</td><td>2.1%</td><td>2</td><td>银河期货</td><td>7,574</td><td>-10</td><td>-0.1</td><td>10.6%</td><td>1.9%</td></tr><tr><td>3</td><td>东证期货</td><td>18,680</td><td>7,304</td><td>3</td><td>中信期货</td><td>6,026</td><td>-798</td><td>-8.0</td><td>8.4%</td><td>0.7%</td><td>3</td><td>招商期货</td><td>7,318</td><td>-281</td><td>-3.2</td><td>10.2%</td><td>1.5%</td></tr><tr><td>4</td><td>华闻期货</td><td>11,145</td><td>5,392</td><td>4</td><td>银河期货</td><td>5,366</td><td>-1,037</td><td>-11.8</td><td>7.5%</td><td>0.1%</td><td>4</td><td>中信期货</td><td>6,222</td><td>-1,977</td><td>-22.3</td><td>8.7%</td><td>-0.7%</td></tr><tr><td>5</td><td>海通期货</td><td>9,513</td><td>4,062</td><td>5</td><td>平安期货</td><td>4,394</td><td>420</td><td>4.7</td><td>6.1%</td><td>1.6%</td><td>5</td><td>宏源期货</td><td>4,737</td><td>-831</td><td>-9.4</td><td>6.6%</td><td>0.2%</td></tr><tr><td>6</td><td>五矿期货</td><td>7,148</td><td>-178</td><td>6</td><td>海通期货</td><td>3,232</td><td>-551</td><td>-6.2</td><td>4.5%</td><td>0.2%</td><td>6</td><td>国金期货</td><td>3,694</td><td>-2,021</td><td>-22.8</td><td>5.2%</td><td>-1.4%</td></tr><tr><td>7</td><td>银河期货</td><td>7,085</td><td>3,409</td><td>7</td><td>东证期货</td><td>2,948</td><td>-2,439</td><td>-27.9</td><td>4.1%</td><td>-2.1%</td><td>7</td><td>东证期货</td><td>3,522</td><td>-1,165</td><td>-13.1</td><td>4.9%</td><td>-0.4%</td></tr><tr><td>8</td><td>平安期货</td><td>4,965</td><td>2,313</td><td>8</td><td>国金期货</td><td>2,668</td><td>-103</td><td>-1.2</td><td>3.7%</td><td>0.6%</td><td>8</td><td>申银万国</td><td>2,798</td><td>-997</td><td>-11.3</td><td>3.9%</td><td>-0.4%</td></tr><tr><td>9</td><td>广发期货</td><td>4,102</td><td>892</td><td>9</td><td>华泰期货</td><td>2,071</td><td>-539</td><td>-6.2</td><td>2.9%</td><td>-0.1%</td><td>9</td><td>平安期货</td><td>2,775</td><td>-849</td><td>-9.6</td><td>3.9%</td><td>-0.3%</td></tr><tr><td>10</td><td>国金期货</td><td>3,900</td><td>2,043</td><td>10</td><td>国投期货</td><td>1,747</td><td>-40</td><td>-0.6</td><td>2.4%</td><td>0.4%</td><td>10</td><td>宝城期货</td><td>2,354</td><td>-1,464</td><td>-16.5</td><td>3.3%</td><td>-1.1%</td></tr><tr><td></td><td>前五席位</td><td>101,537</td><td>42,612</td><td></td><td>前五席位</td><td>38,714</td><td>-4,162</td><td>-47.0</td><td>54.1%</td><td>3.3%</td><td></td><td>前五席位</td><td>39,513</td><td>-4,735</td><td>-53.4</td><td>55.2%</td><td>4.3%</td></tr><tr><td></td><td>前十席位</td><td>128,737</td><td>51,091</td><td></td><td>前十席位</td><td>51,380</td><td>-7,884</td><td>-89.0</td><td>71.7%</td><td>3.7%</td><td></td><td>前十席位</td><td>54,656</td><td>-11,231</td><td>-126.7</td><td>76.3%</td><td>0.9%</td></tr><tr><td></td><td>前二十席</td><td>151,835</td><td>57,256</td><td></td><td>前二十席</td><td>62,072</td><td>-9,792</td><td>-110.5</td><td>86.7%</td><td>4.3%</td><td></td><td>前二十席</td><td>65,624</td><td>-14,134</td><td>-159.5</td><td>91.6%</td><td>0.3%</td></tr></table> 三十年期国债期货2606合约持仓情况 <table><tr><td>名次</td><td>会员名称</td><td>成交量</td><td>前上日增减</td><td>名次</td><td>会员名称</td><td>持买单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td><td>名次</td><td>会员名称</td><td>持卖单量</td><td>+/-（手）</td><td colspan="2">持仓名义金额变化（亿元）</td><td>持仓占比</td><td>占比变化</td></tr><tr><td>1</td><td>中信期货</td><td>27,528</td><td>13,548</td><td>1</td><td>中信期货</td><td>18,524</td><td>216</td><td colspan="2">2.4</td><td>18.2%</td><td>-1.3%</td><td>1</td><td>东证期货</td><td>16,346</td><td>710</td><td colspan="2">8.0</td><td>16.1%</td><td>0.6%</td></tr><tr><td>2</td><td>东证期货</td><td>15,732</td><td>7,351</td><td>2</td><td>国泰君安</td><td>13,077</td><td>3,425</td><td colspan="2">38.7</td><td>12.9%</td><td>2.5%</td><td>2</td><td>银河期货</td><td>13,679</td><td>361</td><td colspan="2">4.1</td><td>13.5%</td><td>0.8%</td></tr><tr><td>3</td><td>国泰君安</td><td>12,607</td><td>7,519</td><td>3</td><td>东证期货</td><td>11,237</td><td>2,410</td><td colspan="2">27.2</td><td>11.1%</td><td>1.6%</td><td>3</td><td>中信期货</td><td>12,558</td><td>1,272</td><td colspan="2">14.4</td><td>12.4%</td><td>0.3%</td></tr><tr><td>4</td><td>银河期货</td><td>5,563</td><td>3,182</td><td>4</td><td>银河期货</td><td>6,874</td><td>20</td><td colspan="2">0.2</td><td>6.8%</td><td>-0.6%</td><td>4</td><td>华泰期货</td><td>5,555</td><td>406</td><td colspan="2">4.6</td><td>5.5%</td><td>0.0%</td></tr><tr><td>5</td><td>海通期货</td><td>5,417</td><td>2,775</td><td>5</td><td>中信建投</td><td>4,982</td><td>1,271</td><td colspan="2">14.4</td><td>4.9%</td><td>0.9%</td><td>5</td><td>广发期货</td><td>4,818</td><td>107</td><td colspan="2">1.2</td><td>4.7%</td><td>0.3%</td></tr><tr><td>6</td><td>华闻期货</td><td>4,335</td><td>1,623</td><td>6</td><td>平安期货</td><td>4,560</td><td>-367</td><td colspan="2">-4.1</td><td>4.5%</td><td>-0.8%</td><td>6</td><td>国投期货</td><td>4,151</td><td>312</td><td colspan="2">3.5</td><td>4.1%</td><td>0.0%</td></tr><tr><td>7</td><td>华泰期货</td><td>3,673</td><td>2,602</td><td>7</td><td>永安期货</td><td>3,520</td><td>37</td><td colspan="2">0.4</td><td>3.5%</td><td>-0.3%</td><td>7</td><td>国泰君安</td><td>3,870</td><td>876</td><td colspan="2">9.9</td><td>3.8%</td><td>0.6%</td></tr><tr><td>8</td><td>中信建投</td><td>3,328</td><td>1,297</td><td>8</td><td>华泰期货</td><td>2,801</td><td>95</td><td colspan="2">1.1</td><td>2.8%</td><td>-0.1%</td><td>8</td><td>中信建投</td><td>3,605</td><td>311</td><td colspan="2">3.5</td><td>3.5%</td><td>0.0%</td></tr><tr><td>9</td><td>平安期货</td><td>3,106</td><td>2,420</td><td>9</td><td>广发期货</td><td>2,287</td><td>-1</td><td colspan="2">0.0</td><td>2.3%</td><td>-0.2%</td><td>9</td><td>宏源期货</td><td>3,521</td><td>264</td><td colspan="2">3.0</td><td>3.5%</td><td>0.0%</td></tr><tr><td>10</td><td>广发期货</td><td>3,006</td><td>420</td><td>10</td><td>光大期货</td><td>2,032</td><td>-392</td><td colspan="2">-4.4</td><td>2.0%</td><td>-0.6%</td><td>10</td><td>国金期货</td><td>3,469</td><td>75</td><td colspan="2">0.8</td><td>3.4%</td><td>0.2%</td></tr><tr><td></td><td>前五席位</td><td>66,847</td><td>34,375</td><td></td><td>前五席位</td><td>54,694</td><td>7,342</td><td colspan="2">83.0</td><td>53.8%</td><td>1.9%</td><td></td><td>前五席位</td><td>52,956</td><td>2,856</td><td colspan="2">32.3</td><td>52.1%</td><td>-1.5%</td></tr><tr><td></td><td>前十席位</td><td>84,295</td><td>42,737</td><td></td><td>前十席位</td><td>69,894</td><td>6,714</td><td colspan="2">75.9</td><td>68.8%</td><td>1.2%</td><td></td><td>前十席位</td><td>71,572</td><td>4,694</td><td colspan="2">53.0</td><td>70.4%</td><td>-1.1%</td></tr><tr><td></td><td>前二十席</td><td>102,251</td><td>51,779</td><td></td><td>前二十席</td><td>83,079</td><td>5,976</td><td colspan="2">67.5</td><td>81.8%</td><td>-0.7%</td><td></td><td>前二十席</td><td>89,242</td><td>6,729</td><td colspan="2">76.0</td><td>87.8%</td><td>-0.7%</td></tr></table> # 作者承诺 本人具有中国期货业协会授予的期货从业资格证书，本人承诺以勤勉的职业态度，独立、客观地出具本报告。本报告清晰准确地反映了本人的研究观点。本人不曾因，不因，也将不会因本报告中的具体推荐意见或观点而直接或间接接收到任何形式的报酬。 # 免责声明 本报告由银河期货有限公司（以下简称银河期货，投资咨询业务许可证号30220000）向其机构或个人客户（以下简称客户）提供，无意针对或打算违反任何地区、国家、城市或其它法律管辖区域内的法律法规。除非另有说明，所有本报告的版权属于银河期货。未经银河期货事先书面授权许可，任何机构或个人不得更改或以任何方式发送、传播或复印本报告。 本报告所载的全部内容只提供给客户做参考之用，并不构成对客户的投资建议。银河期货认为本报告所载内容及观点客观公正，但不担保其内容的准确性或完整性。客户不应单纯依靠本报告而取代个人的独立判断。本报告所载内容反映的是银河期货在最初发表本报告日期当日的判断，银河期货可发出其它与本报告所载内容不一致或有不同结论的报告，但银河期货没有义务和责任去及时更新本报告涉及的内容并通知客户。银河期货不对因客户使用本报告而导致的损失负任何责任。 银河期货不需要采取任何行动以确保本报告涉及的内容适合于客户。银河期货建议客户独自进行投资判断。本报告并不构成投资、法律、会计或税务建议或担保任何内容适合客户，本报告不构成给予客户个人咨询建议。 银河期货版权所有并保留一切权利。 # 联系方式 # 银河期货有限公司 研究所 北京：北京市朝阳区建国门外大街8号楼31层 上海：上海市虹口区东大名路501号白玉兰广场28层 网址：www.yhqh.com.cn 电话：400-886-7799 # 研究员：沈忱 期货从业证号：F3035416 投资咨询证号：Z0015142 Tel.: 021-65789257 邮箱：shenchen_qh@chinastock.com.cn