super energy power
Chapter 647 Big Profit
"In the first round, sell 1 lots." Tanabe, a senior trader sent by Sumitomo's headquarters, glanced at Matsumoto. The value of 1 lots of crude oil is more than [-] million. Although it is not much compared to Sumitomo's own heavy position, it is also the holding of a large retail investor.
Matsumoto nodded, while focusing on the scene on the trading pool and the electronic screen.
He decided to close the position, but he was still ready to stop at any time.
Ten thousand lots of crude oil were put into the market and disappeared quickly.
With the existence of the Pan-Asia Fund, the extra crude oil can be easily eaten up.
One minute later, Sumitomo continued to sell crude oil.
The oil price maintained a state of 14 US dollars, dynamic and stable.
At this price, Pan Asia Fund will earn two or three dollars for every barrel of crude oil it closes, while Sumitomo Corporation will lose more than two dollars.
Watching the positions slowly decrease, the Pan Asia Fund's office was filled with nervousness mixed with excitement.
The operating room of Sumitomo Trading Co., Ltd. gradually became silent.
Matsumoto's head turned desperately.
Logically speaking, when the Pan-Asia Fund starts to buy crude oil in the trading pool, the price of crude oil will naturally tend to rise.
In fact, the liquidation of the pan-Asian fund, which is a big short seller, is entirely likely to cause a tsunami-style surge.
However, everyone must be sure that it is really going to close the position, not a trick.Otherwise, if you make a wrong judgment, you may fall into the period and lose a lot of money.A typical example is the Chinese stock market. There are always many people who have learned half a bucket of stock market technology, and then what they buy goes down, what they sell goes up, and they are harvested by the dealers round after round.
In the eyes of many traders on the London International Futures Exchange, the Pan-Asia Fund, which has earned at least tens of billions of dollars, is definitely a cunning opponent.
The trick of tricking fat sheep into the market was performed by the Pan Asia Fund, and they are not surprised at all.
The presence of Milton the Vulture is also a deterrent.The reason why this guy is called a vulture is because he often eats and wipes it clean, even the corpse.
When this vulture is standing in the trading pool.When shouting to buy, traders always have to think a little longer.
At this time, Doo Matsumoto, the head of the multi-party giant, has two choices: take the opportunity to sell crude oil, so as to avoid a more tragic situation, or continue to insist.Expect the uptrend in crude oil to turn into an actual uptrend, and then get out on your own.
The latter procedure is obviously complex and risky.The former is naturally relaxed and freehand, but it is doomed to the end of the companionship.
If it were Hidetomo Hirano, he might continue to choose to persist and wait out of his own philosophy and the idea of breaking the can.In this way, the situation will probably continue to be deadlocked.
Matsumoto is different.After he took over the financial department in London, although the price of crude oil has dropped a bit, it can still be pushed on Hidetomo Hirano. However, if the time drags on for a long time.After taking office, the loss will become his responsibility.Instead of taking a great risk to excuse Hirano Hidetomo, Matsumoto Michio might as well give up his plan to commit crimes.
However, it takes courage to bear losses.
If you close a position above 14 US dollars, Sumitomo will inevitably lose 40 billion to 50 billion US dollars. year profit.
Matsumoto observed the scene in the trading pool.Still hoping to find a flaw.
Everything seemed weird and normal.
Traders at Sumitomo sold and traders at Pan Asia Fund bought.
The long and short sides are in tacit understanding like partners. Who would have thought that just a few minutes ago, they were still fighting in full swing.
In the office of Pan Asia Fund.
Most of the people were busy flying, only Yang Jingshan, a training officer from France.No one cares, no one to accompany, nothing to do.
Feeling the dignified atmosphere, he fidgeted restlessly, and finally couldn't help asking: "This is... what should we do now?"
Apart from him, only Su Cheng was idle. He turned his gaze away from the electronic screen, and used it as a rest for his eyes, and said with a smile, "See if Sumitomo will close the position or test it. Wait."
"Is it better to test or close the position?" Yang Jingshan also kept his mind hidden.If Sioux City says it's good to test, it means that he still has the confidence to kill the price down. If he says it's good to close the position, it means that the remaining power of Pan Asia Fund is not much.
Su Cheng smiled and said nothing, and turned his gaze back to the electronic screen.
Yang Jingshan was very disappointed.But in the face of Su Cheng, he really didn't have the qualifications to let others answer.
"Electronic trading, there is a sell order of 00 lots." A junior trader shouted.
"Accepted." Without Su Cheng's order, Qi Xiao followed the procedure.
"Manual trading. Sumitomo sold 1 lots." The junior trader on the other side roared again.
This time without Qi Xiao telling, Milton below did it himself.
Su Cheng nodded slightly, and said, "The selling volume is not small."
A transaction of hundreds of millions of dollars cannot be considered a small deal on any exchange in the world, which also shows that Sumitomo Trading Co., Ltd. really intends to close the position.
Not only did he have such an idea, Sumitomo's allies such as Ito Trading Company probably also saw it.
Now, among the multi-party army composed of multiple institutions, the air is immediately filled with suspicion.
The actions of Sumitomo Trading Co., Ltd. can be seen as a test of Dahua Industry, or as a surrender of Sumitomo.
It's like a defeated dog with its belly exposed.
When any interpretation is possible, many parties naturally fall into the prisoner's dilemma game.
For the gentlemen of many parties, if they stand together, the loss will definitely be smaller than if they surrender directly, but if one party escapes first, the guys who stay behind will bear more losses.
If it is an old financial institution that has been immersed in the City of London for many years, it will probably actively contact other financial institutions from various parties.
But Matsumoto Michio is an outsider, and he has the feeling that a dead friend is not a poor man, so the difference in trust between the two parties can be imagined.
After the third crude oil transaction of 3 lots, Citibank closed its positions all at once.
Then Industrial Bank closed its position.
Unlike Pan Asia Fund and Sumitomo Corporation, which hold heavy positions, the positions of these institutions are not too large. With leverage, that is, the stock of tens of thousands of hands, they will really close their positions and leave in a while.
Of course, they lost only a lot more money than Sumitomo.
Su Cheng estimated that more than half of the people would never come back after returning to the company.
Such obvious losses occur every year, but not every financial institution will encounter them.In the era when a loss of tens of millions of dollars can be called a big loss, it is estimated that the long side with a small position here will lose hundreds of millions of dollars.
There are not a few who take responsibility.
Dahua Industrial silently absorbed long orders and closed its own short orders.
The long-air confrontation has become so dull at this moment, it is not so much a battlefield for killing as it is a surrender.
In the bank account of Pan Asia Fund, the profit change of 11 digits.
By the end of the manual trading at 19:30, the position of the entire Dahua Industrial Co., Ltd. had been reduced to one third of its original position.
The quotation of crude oil is even more astonishing, still maintained at between 14 US dollars and 14.30 US dollars.
This also means that after the first round of profits of 180 billion U.S. dollars, Dahua Industrial earned another 180 billion U.S. dollars.
360 billion US dollars is only the profit earned by about 70% of the positions.
The shareholders who have the right to see the account are all red-eyed and plan to stay up all night.
There are still several hours in the electronic disk, and now let them sleep, and no one can sleep.
...(To be continued. If you like this work, you are welcome to vote for recommendations and monthly tickets. Your support is my biggest motivation..)
Matsumoto nodded, while focusing on the scene on the trading pool and the electronic screen.
He decided to close the position, but he was still ready to stop at any time.
Ten thousand lots of crude oil were put into the market and disappeared quickly.
With the existence of the Pan-Asia Fund, the extra crude oil can be easily eaten up.
One minute later, Sumitomo continued to sell crude oil.
The oil price maintained a state of 14 US dollars, dynamic and stable.
At this price, Pan Asia Fund will earn two or three dollars for every barrel of crude oil it closes, while Sumitomo Corporation will lose more than two dollars.
Watching the positions slowly decrease, the Pan Asia Fund's office was filled with nervousness mixed with excitement.
The operating room of Sumitomo Trading Co., Ltd. gradually became silent.
Matsumoto's head turned desperately.
Logically speaking, when the Pan-Asia Fund starts to buy crude oil in the trading pool, the price of crude oil will naturally tend to rise.
In fact, the liquidation of the pan-Asian fund, which is a big short seller, is entirely likely to cause a tsunami-style surge.
However, everyone must be sure that it is really going to close the position, not a trick.Otherwise, if you make a wrong judgment, you may fall into the period and lose a lot of money.A typical example is the Chinese stock market. There are always many people who have learned half a bucket of stock market technology, and then what they buy goes down, what they sell goes up, and they are harvested by the dealers round after round.
In the eyes of many traders on the London International Futures Exchange, the Pan-Asia Fund, which has earned at least tens of billions of dollars, is definitely a cunning opponent.
The trick of tricking fat sheep into the market was performed by the Pan Asia Fund, and they are not surprised at all.
The presence of Milton the Vulture is also a deterrent.The reason why this guy is called a vulture is because he often eats and wipes it clean, even the corpse.
When this vulture is standing in the trading pool.When shouting to buy, traders always have to think a little longer.
At this time, Doo Matsumoto, the head of the multi-party giant, has two choices: take the opportunity to sell crude oil, so as to avoid a more tragic situation, or continue to insist.Expect the uptrend in crude oil to turn into an actual uptrend, and then get out on your own.
The latter procedure is obviously complex and risky.The former is naturally relaxed and freehand, but it is doomed to the end of the companionship.
If it were Hidetomo Hirano, he might continue to choose to persist and wait out of his own philosophy and the idea of breaking the can.In this way, the situation will probably continue to be deadlocked.
Matsumoto is different.After he took over the financial department in London, although the price of crude oil has dropped a bit, it can still be pushed on Hidetomo Hirano. However, if the time drags on for a long time.After taking office, the loss will become his responsibility.Instead of taking a great risk to excuse Hirano Hidetomo, Matsumoto Michio might as well give up his plan to commit crimes.
However, it takes courage to bear losses.
If you close a position above 14 US dollars, Sumitomo will inevitably lose 40 billion to 50 billion US dollars. year profit.
Matsumoto observed the scene in the trading pool.Still hoping to find a flaw.
Everything seemed weird and normal.
Traders at Sumitomo sold and traders at Pan Asia Fund bought.
The long and short sides are in tacit understanding like partners. Who would have thought that just a few minutes ago, they were still fighting in full swing.
In the office of Pan Asia Fund.
Most of the people were busy flying, only Yang Jingshan, a training officer from France.No one cares, no one to accompany, nothing to do.
Feeling the dignified atmosphere, he fidgeted restlessly, and finally couldn't help asking: "This is... what should we do now?"
Apart from him, only Su Cheng was idle. He turned his gaze away from the electronic screen, and used it as a rest for his eyes, and said with a smile, "See if Sumitomo will close the position or test it. Wait."
"Is it better to test or close the position?" Yang Jingshan also kept his mind hidden.If Sioux City says it's good to test, it means that he still has the confidence to kill the price down. If he says it's good to close the position, it means that the remaining power of Pan Asia Fund is not much.
Su Cheng smiled and said nothing, and turned his gaze back to the electronic screen.
Yang Jingshan was very disappointed.But in the face of Su Cheng, he really didn't have the qualifications to let others answer.
"Electronic trading, there is a sell order of 00 lots." A junior trader shouted.
"Accepted." Without Su Cheng's order, Qi Xiao followed the procedure.
"Manual trading. Sumitomo sold 1 lots." The junior trader on the other side roared again.
This time without Qi Xiao telling, Milton below did it himself.
Su Cheng nodded slightly, and said, "The selling volume is not small."
A transaction of hundreds of millions of dollars cannot be considered a small deal on any exchange in the world, which also shows that Sumitomo Trading Co., Ltd. really intends to close the position.
Not only did he have such an idea, Sumitomo's allies such as Ito Trading Company probably also saw it.
Now, among the multi-party army composed of multiple institutions, the air is immediately filled with suspicion.
The actions of Sumitomo Trading Co., Ltd. can be seen as a test of Dahua Industry, or as a surrender of Sumitomo.
It's like a defeated dog with its belly exposed.
When any interpretation is possible, many parties naturally fall into the prisoner's dilemma game.
For the gentlemen of many parties, if they stand together, the loss will definitely be smaller than if they surrender directly, but if one party escapes first, the guys who stay behind will bear more losses.
If it is an old financial institution that has been immersed in the City of London for many years, it will probably actively contact other financial institutions from various parties.
But Matsumoto Michio is an outsider, and he has the feeling that a dead friend is not a poor man, so the difference in trust between the two parties can be imagined.
After the third crude oil transaction of 3 lots, Citibank closed its positions all at once.
Then Industrial Bank closed its position.
Unlike Pan Asia Fund and Sumitomo Corporation, which hold heavy positions, the positions of these institutions are not too large. With leverage, that is, the stock of tens of thousands of hands, they will really close their positions and leave in a while.
Of course, they lost only a lot more money than Sumitomo.
Su Cheng estimated that more than half of the people would never come back after returning to the company.
Such obvious losses occur every year, but not every financial institution will encounter them.In the era when a loss of tens of millions of dollars can be called a big loss, it is estimated that the long side with a small position here will lose hundreds of millions of dollars.
There are not a few who take responsibility.
Dahua Industrial silently absorbed long orders and closed its own short orders.
The long-air confrontation has become so dull at this moment, it is not so much a battlefield for killing as it is a surrender.
In the bank account of Pan Asia Fund, the profit change of 11 digits.
By the end of the manual trading at 19:30, the position of the entire Dahua Industrial Co., Ltd. had been reduced to one third of its original position.
The quotation of crude oil is even more astonishing, still maintained at between 14 US dollars and 14.30 US dollars.
This also means that after the first round of profits of 180 billion U.S. dollars, Dahua Industrial earned another 180 billion U.S. dollars.
360 billion US dollars is only the profit earned by about 70% of the positions.
The shareholders who have the right to see the account are all red-eyed and plan to stay up all night.
There are still several hours in the electronic disk, and now let them sleep, and no one can sleep.
...(To be continued. If you like this work, you are welcome to vote for recommendations and monthly tickets. Your support is my biggest motivation..)
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