Chapter 635 Straight Down

Hidetomo Hirano is exhausted. He has been trading for many hours in a row, as if he has exhausted his strength. In addition, there is also pressure that is difficult to let go.

Although many traders have stood on the side of Sumitomo Trading Co., Ltd. because of the customer's requirements, everyone knows very well that these people are just doing to avoid risks. Financial companies are like widows. If they can do overnight transactions, they can't do overnight transactions, especially financial companies with small families. Don't see. The lending rate between banks and financial institutions is one overnight, and another overnight.

Logically speaking, it seems that there are so many traders to avoid risks, and the oil price should always rise, but Hirano Hidetomo waits, waits, waits, and his fingers are going to cramp, but he still hasn't waited for the signal of the oil price to rise. Naturally, he understands, which shows that the Pan-

"What on earth gave Pan-Asia confidence?" Hidetomo Hirano had to think about this question when he had time, but he thought more about "end it quickly".

After the farce is over, and tomorrow morning, he will be given plenty of time to ask for instructions. In this way, although he has to take responsibility, he will not bear everyone's responsibility as it is now.

"I guess it will be transferred overseas." Hidetomo Hirano thought to himself: Maybe he will be transferred to a good place, such as Europe or Singapore. Anyway, I have to bear the responsibility that I don't have to bear by myself.

"Sell! Sell it!" The disgusting cry of the baldness shouted again.

Hidetomo Hirano looked around, and finally there were a few people who took over the market, and he was a little relieved. Now it's not like noon. At that time, there were short sellers everywhere, hoping to make money by following the trend. In fact, those guys who followed the trend at about $17 made a lot of money, and those who followed the trend didn't make much, but they didn't lose money.

At that time, it was almost the most desperate time for Hidetomo Hirano. Even after thinking about it for a few hours, Hidetomo Hirano still shuddered.

Fortunately, the price has stabilized.

Hidetomo Hirano stood in the pool, had a little free time, and took the opportunity to look around.

The exchange is like a colonial-era market. Although it sells expensive things, the buyers and sellers roar and dance like barbarians. Everyone's face is distorted. Some people may be calm on the surface, but as long as they observe carefully, they can detect the madness of each other's eyes.

Milton, nicknamed Baldale, is even more crazy. He was originally a self-employed trader of a medium-sized Dutch bank, that is, a trader who used the balance of bank deposits and loans to do arbitrage. The transaction scale is not large, and the trading methods are very simple, but he is unwilling to do things according to the rules The loss of the dollar... Fortunately, he did not lose his license, so he became an executive trader who worked for customers, but in terms of character, such a scene was Milton's dream.

Milton took the initiative to sell crude oil for a while, and then got into other traders to sell crude oil contracts. He was very busy. The sonorous and powerful gestures, the serious eyes... looked out from time to time.

Hidetomo Hirano followed Milton's eyes, and his pupils shrank suddenly.

"Su Cheng - is this guy here to show off his power?" Hidetomo Hirano can't wait to throw his eyeballs out and smash the Chinese man's bag.

At this time, Su Cheng was wearing a hard suit and a tie tied to his neck. His eyes were condensed and the bridge of his nose was straight. Anyone who looked at it would think that he was a successful person in the Financial City.

Shigeru Nishioka also noticed Su Cheng, ran down from the second floor and said to Hidetomo Hirano, who walked to the side, "Mr. Ito, let you pay attention to the market fluctuations."

He didn't elaborate on which Mr. Ito, and Hidetomo Hirano didn't care.

"You mean Su Cheng? He is here to experience it. Hidetomo Hirano almost said to himself.

Shigeru Nishioka didn't know whether he heard it clearly or not. He told the words and went to the edge by himself.

Hidetomo Hirano looked at Su Cheng, always feeling that it was wrong, but he couldn't say where it was wrong.

In terms of experiencing life, most cautious people will choose to close the contract they hold before experiencing it. Pan Asia Fund is a real heavy position. Even if you want to get out now, you can't do it in a few hours. Sucheng came to the trading pool to do leisurely, which is not a good choice.

Of course, there are also people who do this, but it's different from Su Cheng, whom Hidetomo Hirano has specially learned about.

But if he is not wandering around, Hidetomo Hirano can't think of the origin.

In this kind of market trading pool, in addition to the ups and downs, other times are just warm and lively. It is not impossible to see the way out from the outside, but at least it will take 20 or 30 years.

No matter how you look at Sucheng, it doesn't seem like a person who is well snisome.

Thinking of this, Hidetomo Hirano put his eyes back into the trading pool and continued his semi-mechanized work.

The existence of Sucheng has also become irrelevant.

A few minutes later, Hidetomo Hirano's electronic screen vibrated. He naturally picked it up and took a look. It was written in English: It was reported that OPEC's crude oil reduction plan was stranded.

Hidetomo Hirano suddenly twisted his eyebrows and thought: There is a lot of bad news today.

Financial media are reporting OPEC news every day. Some will have an effect, some may not, and it is not easy to have an immediate effect. Otherwise, as long as you bribe the editors and reporters of one or two big newspapers, you can earn tens of millions of dollars, and there will always be senior swindlers who can't help it.

However, in this case, there is nothing wrong with pausing. Hidetomo Hirano leaned to the edge of the trading pool and prepared to get more specific information from the newspaperman.

After a lot of hardships, he squeezed to the edge of the trading pool. Hidetomo Hirano first gasped for breaths, and then found that three newspaper deliverers appeared in front of him.

"Have you replaced someone?" Hidetomo Hirano is looking for a familiar newspaper deliveryman.

A European stretched out his hand from behind and said contemptuously, "It's for me."

"Your news is also very good." Hidetomo Hirano said with a smile that he was going to stay in the trading pool for a long time, if he was not assigned. Therefore, as he did in a Japanese company, he first had a good relationship with his predecessors.

The Europeans glanced at him and didn't say anything more.

The other party turned his head and left, and the newspaper deliveryman of Sumitomo Commercial Bank also solemnly handed things to Hidetomo Hirano.

He looked a little surprised. The first thing he saw was the Japanese registration.

"Nihon Keizai Shimbun?" This is a big newspaper. Hidetomo Hirano said strangely, "What do you mean? Why is it a Japanese newspaper?

"It's a newspaper that has just been released. We also asked the Ministry of International Trade and the Ministry of Foreign Affairs, and confirmed foreign news. OPEC is likely to give up reducing production capacity. Their negotiations are not smooth, and the reporter also found it." The communication with the trading pool is very time-consuming, and the newspaperman also speaks very quickly.

Hidetomo Hirano couldn't help looking at Su Cheng. The man in a light suit stood there unconsciously, with no expression on his face.

"It shouldn't be him. Anyway, this is also OPEC." Hidetomo Hirano nodded vigorously and said, "I'll observe it."

OPEC's reduction plan is not unique, but news that has emerged since the beginning of the year. A few months ago, the OPEC Council of Ministers had put it in a formal motion and was waiting for approval, which caused the price of the crude oil market to rise at that time.

It can be said that the price of crude oil can exceed $18, thanks to this plan.

The reason for reducing production capacity is also justified. Crude oil production in Iraq and Kuwait has resumed, and U.S. economic indicators have failed to meet expectations, resulting in oversupply in the world crude oil market...

Such an agenda is not easy to put on, but more difficult to fall behind.

"It's not the official conclusion of OPEC." Hidetomo Hirano returned to his position with such an idea. He did not make a deal again, but looked around restlessly. Sumitomo Commercial Bank, like the Pan-Asian Fund, has made a heavy position. It doesn't mean that it can be withdrawn, especially in such a manual priced trading pool, the big short roars to close the position, and everyone else immediately becomes multi-party, and then excitedly takes out a knife to divide the meat?

He is observing others, and others are also observing him.

Before the situation was unclear, only some guys fishing in troubled waters entered the lively transaction, and more people stopped their movements instead.

The price of crude oil fell slightly, but it was just 10 cents, which didn't make a big difference.

But at the same time, the office of the Pan Asia Foundation is already full of jubilant.

10 cents against 15 times leverage of crude oil futures trading is nothing, and the price difference of 300 times to 500 times is very strong.

Because the London Stock Exchange is more susceptible to international transactions, and the crude oil price on the New York Stock Exchange depends more on the performance of domestic supply and demand, OPEC's decision first affects the oil price on the London International Crude Oil Exchange.

With the current low level of the New York Stock Exchange, it is unlikely to fall further.

"If the profit is raised, the scale of the spread contract should be gradually reduced." Sucheng also knows that the risk of leverage is hundreds of times, and it will not continue to do it like shorting crude oil.

Pan-Asian capital bank has increased, and Milton's morale has naturally increased greatly, selling crude oil for a while.

With his efforts, the price of crude oil also fell slowly until it approached the $16 mark.

"This guy..." Hidetomo Hirano gritted his teeth and stared at the quotation, and took out the electronic screen from time to time to check.

There are more and more rumors.

In the case of the emergence of OPEC, will Sumitomo will continue to follow up? There are more and more losses.

However, if Sumitomo does not follow up and the oil price plumbish, the loss will be difficult to recover.

"If we can forcibly raise the price of the August crude oil contract with a large amount of money, we may be able to solve this dilemma." Hidetomo Hirano was shocked by his own thoughts, but the more he thought about it, the more feasible it became.

With the strength of Sumitomo and Ito Trading Company, if they do their best, not to say that they control the market, they can still win back the situation. Even if the two firms have reservations, it is still possible to find allies in this market.

Hidetomo Hirano thought that the Pan-Asian Fund and many financial companies have invested a lot of money in the price of $16. As long as they forget the loss caused by $18 and take $16 as the starting point, it may really cause a short-selling market.

Short selling needs to be repaid. If the contract price rises step by step, as the delivery date approaches, if the short position is unwilling, it will have to spend a high price to close the position and admit compensation.

It's just that there are too many funds to be mobilized.

Hidetomo Hirano had no way out. He came to the trading pool again and called Shigeru Nishioka.

......RS