super energy power

Chapter 630 Appetizer

The biggest difference between futures trading and China's stock market and ordinary commodity market is that it can buy short and sell short. .

The so-called emptiness is "credit".I don't have anything in my hand, but I want to participate in the transaction, so I borrow money to buy and borrow things to sell.

In crude oil futures, short selling means that you want to sell crude oil, so you borrow crude oil to sell it.It doesn't matter whether the short seller has crude oil or not, and everyone doesn't care.

However, when the contract expires, what is borrowed must be repaid.

Those who sell crude oil short must return the crude oil.

For financial companies, as long as they buy crude oil before the contract expires, they can close the position and earn or lose the difference between the purchase and sale.

The financial operation department of an industrial producer such as an oil company can also allow the company's crude oil to be shipped to the delivery warehouse, which can be regarded as a real sale.

Because of this characteristic of futures, a trader like Milton the vulture doesn't care how much crude oil Dahua Industrial or Pan Asia Fund has. He can keep shorting as long as he has funds.

In the competition for funds, since Hidetomo Hirano never waited for the Allied Army, and faced the siege of many organizations, it was already stretched.

Waiting for an opportunity, Milton threw out 1 lots of crude oil in one go.

If 1000 million barrels of spot crude oil is shipped, five largest 5-ton tankers are required, and it is even difficult to berth normally in most ports in the world.

However, the futures market only needs one receipt to complete the transaction, and its transaction price has reached 1.6 million US dollars. Using 10 times leverage, it will cost 1600 million US dollars. As for the higher leverage factor, based on Hirano's current If he is in a bad state, he dare not do it, and the senior traders who ignore this matter will not allow him to really increase the leverage.

Hirano Hidetomo had a splitting headache and didn't know what to do.

The [-] million dollars in hand are almost spent, and this is also his maximum amount.

Give up now and go long on such a powerful Sumitomo Corporation, at least hundreds of millions of dollars will be lost. If the market reacts badly, it is not surprising that it will lose 10 billion dollars.

"I want it." Just when Hirano Hidetomo was about to close his eyes and die, a trader suddenly called out to save him.

Milton was slightly surprised, but still made the deal according to the rules.

Hirano Hidetomo twisted his body and got out of the trading pool.

The newspaper delivery guy had been waiting there, and whispered in his ear, "Ito Trading Company has decided to join."

"The trader just now is from Ito Trading Company?"

"Yes, the executive trader of Ito Trading Company." The executive trader is an intermediary trader who executes the transaction requirements of one or more customers. After receiving the customer's order, the execution trader completes the transaction in the trading pool. Once the customer's confirmation is obtained, the process is over.

Such a trader doesn't matter whose family it is, and whose order it executes, it is considered as its trader.

Hidetomo Hirano was determined, but he couldn't help but slander: Did these guys decide to enter the market because they saw that the price of crude oil was very low?In this way, the risk is entirely borne by us, selfish fellows.If Dahua Industrial closed their positions now, they might be able to make some money along with it.

In the past year, the price of crude oil has rarely fluctuated by 2 dollars. Therefore, in the subconscious of many traders, 2 dollars is definitely a signal to enter the market.

If the fundamentals of crude oil do not change, such an idea is not too far-fetched.After all, pan-Asian funds always have profit-taking time.

Having said that, Hirano Hidetomo is still very grateful to Ito Trading Company for its action. The market is a very strange creature. Before things actually happen, the so-called predictions will always be wrong, and whenever this happens, there is not enough time. When taking precautions, the result is often devastating. If the price of crude oil falls by another dollar or two, the guarantee deposit on Sumitomo Corporation will not be enough, and the tight string may be broken at any time.

"Do you know how much money they have prepared?"

"I don't know, let Mr. Shigeru Nishioka tell you." The deliveryman roared and gave up his seat.

Shigeru Nishioka's face full of joy was revealed: "Mr. Hirano, we have been authorized by the senior management of the trading company and will fight side by side with Sumitomo Trading Company."

"How much money do you have?" Hirano Hidetomo almost yelled into his ear, and at the same time, he also said in his heart: I have not been authorized by the senior management of Sumitomo Corporation, and my shoulders can only touch your thighs . "

Shigeru Nishioka said in a majestic voice: "The funds are enough to restore the glory of Hirano-kun."

That is almost the same as what Sumitomo Corporation currently uses.

"Great." Hidetomo Hirano smiled, and if there are another 10 million US dollars, whether it is using [-] times leverage or [-] times leverage, it may really be able to last.As the price of oil fell, the market gradually digested the impact of the bad news. Once other companies changed hands to buy more in order to profit, they were rescued.

Shigeru Nishioka then asked, "How much authorization do you have left?"

Hidetoko Hirano said: I don't even have a $1 million authorization.

He didn't answer immediately, but Shigeru Nishioka continued loudly: "His Excellency Itosai said that Ito Trading Company will help Sumitomo Trading Company to win the final victory, please continue to work hard..."

Even in the chaotic environment, Hirano Hidetomo heard the implication that Ito Trading Company would not charge forward.

"Thank you, Your Excellency Itosai." Hirano Hidetomo returned to the trading pool after speaking in order to avoid showing a disappointed expression.

Shigeru Nishioka smiled and went back.

This is his task, to tell Hirano Hidetomo that if Sumitomo Corporation wants to reap the benefits of the fisherman, it is impossible, and Ito Trading Company will only help, but will not take the lead.

One minute later, Hirano Hidetomo got to the edge of the trading pool again, called the newspaper delivery man, and said sharply: "Tell the people above that if you don't give me more authorization, Ito Trading Company will stop doing long. They bear it."

The newspaper delivery man was startled and asked, "Who am I telling?"

"Whoever it is, tell the guy in the office to find a senior trader. I have done everything I can. If they don't show up, everyone will die." Financial markets are always result-oriented, like Hirano Hidetomo If the way of doing it leads to losses in the end, he will definitely bear the title of a rogue trader, but if the end result is a profit, he may have the reputation of being a genius or being bold and careful.

Time is precious, and the newspaper delivery boy reluctantly returned to his seat and said Hirano Hidetomo's request.

The representative at the seat naturally didn't dare to make a decision, so he called back.

During this period of time, Hidetomo Hirano naturally couldn't come up with funds, relying entirely on Ito Trading Company to barely maintain the oil price above 16 US dollars.

However, Hidetomo Hirano knew that the situation was not optimistic when he saw the trader's embarrassment. If Sumitomo Trading Company did not make a move, Ito Trading Company would definitely not wait for his billion dollars to be exhausted.

The senior traders upstairs should also be in a dilemma.

Choose one of violations and huge losses?For any trader, this is the last scene they want to dream of, and it will definitely wake them up from the gap between the two beauties.

Soon, the seat representative ended the phone call, ran over, called Hirano Hidetomo, and said, "I didn't find two senior traders."

This is different from Hidetomo Hirano's script. He frowned and said, "These two guys would rather lose all the company's funds than come forward?"

"I haven't received any instructions." The seat representative shouted in Japanese word by word: "Hirano-kun, now I can only rely on you."

"I don't have funds, it's useless."

"You still have unused funds."

"How come, I calculated several times..." Hirano Hidetomo suddenly stopped.

The seat representative showed an expression that you understand, bowed and said: "Please continue to work hard, Mr. Hirano, until we find a senior trader, we will have to obey your orders."

Hidetomo Hirano was stunned, he was still a little too inexperienced, how could two senior traders get involved in such a simple contradictory scene, they silently increased Hidetomo Hirano's financial authority, and let the loyal cronies below deny him Therefore, Hidetomo Hirano once again became a puppet on the front desk.

Moreover, the danger for him to continue was even greater.

Although the funds were raised by an unknown senior trader, the headquarters did not admit that in a Japanese-style enterprise, Hirano Hidetomo is absolutely not allowed to use money like this.

The nightmare fell on Hirano Hidetomo again.

"These guys, are you going to take me overseas?" The competition among trading companies in Japan is extremely cruel. If you neglect, you will be transferred to another place or a branch below. Dahua Industrial has also learned from this kind of consortium. The organizational approach is very effective.Although employees are rarely dismissed, and there are not many who even reduce their basic salaries and insurance premiums, for employees who have finally entered a large company, there are still a few who are willing to spend time in a small, dark room in an out-of-town branch. lifetime.

Obtaining a salary is only to meet the survival needs of a person. As a member of society, people still have the need to realize their self-worth, and they will not give up their future unless it is absolutely necessary.

This is especially true for a good young man like Hidetomo Hirano.

"Do you want to continue?" The traders of Ito Trading Company received new instructions, and while they were busy trading, they squeezed beside Hidetomo Hirano and roared.

Like Hirano Hidetomo's previous strategy, he also wanted to divert the traders around him.

Hirano Hidetomo smiled wryly, put aside the thought of retreating, and raised his hand.

A few seconds later, a contract of 5000 million US dollars was finalized, and a dozen seconds later, the office made a confirmation.

The amount of funds has indeed been increased.

Hidetomo Hirano didn't know whether he should be happy or not. He had achieved his goal, but the process of achieving it made him feel sad. The superior who didn't take responsibility made you unable to scold him even if you wanted to.

Oil prices continued to stabilize between $16 and $16, but in order to discover this price, the entire London International Crude Oil Exchange completed almost a week's worth of trading lots.

Tian Dongliang was even more dizzy from the hundreds of millions of dollars in transactions, and he didn't ask until the price gradually stabilized, "Did Dahua make money?"

Liu Yi smiled with a nose that was not a nose, and eyes that were not eyes, and said, "Of course I made money."

"It's just less than an hour, and I made a lot of money, right?" Tian Dongliang didn't know the share distribution of Pan Asia Fund, and he didn't know how to build positions in the early stage. Even so, he thought to himself, as long as Dahua Industrial has more than 10 shares, I am afraid that it will earn more than 10 billion U.S. dollars. With Dahua Industrial's aggressive surname, the shares may be more than 10.

Liu Yi smiled even more happily, raised his chin, and said: "It's impossible for an hour, you can continue to watch, there is still a good show."

"What else? Are you still not quitting?" Tian Dongliang felt unbelievable. After thinking about it, he said in surprise: "Are you going to go long instead?"

If you can quietly close the position and then go long, then as the power of the short side weakens and the power of the multi-side increases, doing long backhands will make you a lot of money.

However, with the Pan Asia Fund's plate, it's too difficult to backhand. Liu Yi didn't care and said: "Su Dong prepared more than that, and the main course hasn't been served yet."

He is willing to disclose the news to Tian Dongliang, but also needs him to roughly conclude the whole process, so as to write a complete report. For Su Cheng, Tian Dongliang is a bet on political insurance he bought, and it is a value-added type with low cost, high compensation and bonus bonus. of.

……

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