Chapter 647 Make a lot of money

"In the first round, sell 10,000 hands." Tanabe, a senior trader sent by Sumitomo headquarters, glanced at Matsumoto. 10,000 hands of crude oil are worth more than 140 million yuan. Although it is not more than Sumitomo's own heavy position, it is also a large retail holding.

Matsumoto Michio nodded and focused on the scenes on the trading pool and electronic screen.

He decided to close the position, but he was ready to stop at any time.

Ten thousand hands of crude oil were put into the market and quickly disappeared.

With the existence of a pan-Asian fund, the extra crude oil is easy to be eaten.

One minute later, Sumitomo Trading Company continued to sell crude oil.

And the oil price remains at $14.20, which is dynamically stable.

At this price, the TransAsia Fund will earn two or three dollars for every barrel of crude oil closed, while Sumitomo Commercial Bank has a reasonable loss of more than two dollars.

Looking at the slow reduction of the position, the office of the TransAsia Fund is full of tension and excitement.

The operation room of Sumitomo Chamber of Commerce gradually disappeared.

Matsumoto's head turned desperately.

Logically speaking, when the TransAsia Fund began to buy crude oil in the trading pool, the price of crude oil naturally tended to rise.

In fact, the closing behavior of the Pan-Asian Fund, which is a big short, is likely to cause a tsunami-like surge.

However, everyone has to make sure that it really wants to close the position, not to lure it. Otherwise, if you make a mistake in judgment, you may be unable to extricate yourself and lose a lot of money. A typical example is the Chinese stock market. There are always many people who have learned the stock market technology of half a bucket of water, and then fall whatever they buy, rise whatever they sell, and are harvested by the bankers in a round.

In the eyes of many traders on the London International Futures Exchange, the Pan-Asian Fund, which has made at least $10 billion, is definitely a cunning opponent.

The trick of cheating the fat sheep into entering the market is performed by the Pan-Asian Fund. They are not surprised at all.

The existence of Milton the Vulture is also a deterrent. The reason why this guy is called a bald is that he often eats it clean and doesn't even let go of the body.

When the bald quail stands in the trading pool and shouts to buy, traders always think about it for a while.

At this time, Matsumoto, the head of many giants, has two choices. Take the opportunity to sell crude oil to avoid a more tragic situation, or continue to persist, expect the upward trend of crude oil to become an actual rise, and then retreat completely.

The latter's program is obviously complex and risky. The former is naturally easy to write, but it is doomed to end.

If it were Hidetomo Hirano, out of his own ideas and the idea of breaking the jar, he may continue to choose to persist and wait. As a result, the situation will probably continue to be deadlocked.

But Michio Matsumoto is different. After he took over the financial sector in London, although the price of crude oil fell a little, it could still be pushed to Hidetomo Hirano. However, if it took a long time, the loss after taking office would become his responsibility. Instead of taking great risks to excuse Hidetomo Hirano, Matsumoto might as well give up his intention to make contributions.

It's just that it takes courage to bear the loss.

After closing the position above $14, Sumitomo will inevitably lose 4 billion to $5 billion. Although it is not the biggest loss in Sumitomo's history, $4 billion is also comparable to the annual profit created by Sumitomo's tens of thousands of employees and 300 billion assets.

Matsumoto observed the scene in the trading pool, hoping to find a glimmer of flinches.

Everything is weird and normal.

Sumitomo's traders sell, and TransAsia's traders buy.

The tacit understanding between the two sides is like partners. Who can imagine that just a few minutes ago, they were still fighting in full swing.

In the office of the Pan-Asian Fund.

Most people are busy. Only Yang Jingshan, a training officer from France, has nothing to do with him.

He felt the solemn atmosphere and rubbed around restlessly. Finally, Zi couldn't help asking, "This is... What should I do now?"

In addition to him, only Su Cheng was an idle man. He took his eyes back from the electronic screen, rested his eyes, and said with a smile, "Let's see if Sumitomo is closing the position or trying. Wait."

"Is it better to test or close the position?" Yang Jingshan also hides his heart. If Su Cheng says that the test is good, it means that he still has the confidence to kill the price down. If it is good to close the position, it means that the remaining power of the Pan Asia Fund is not much.

Su Cheng smiled and said nothing, and put his eyes back on the electronic screen.

Yang Jingshan was disappointed. But in the face of Su Cheng, he really doesn't have the right to let others answer.

"Electronic disk, there are 2,000 hands for sale." A junior trader shouted.

"I got it." Without Su Cheng's order, Qi Xiao followed the process.

"Artificial disk. Sumitomo sold 10,000 hands. The junior trader on the other side shouted again.

There is no need for Qi Xiao to say this time. Milton will operate it by himself.

Su Cheng nodded slightly and said, "The amount sold is not small."

A transaction of hundreds of millions of millions of dollars can't be counted as missing on any exchange in the world, which also shows that Sumitomo Trading Company really has the intention of closing positions.

Not only does he have such an idea, but also Sumitomo's allies such as Ito Trading Co., Ltd. can probably see it.

Now, the multi-party army of multiple institutions is immediately full of suspicion.

Sumitomo Trading Company's move can be regarded as a test of Dahua Industry, or as Sumitomo's surrender.

It's like a defeated dog, showing its belly.

When any kind of interpretation is possible, many parties naturally fall into the prisoner's dilemma.

For the gentlemen of many parties, if they hold on together, the loss will definitely be less than the direct surrender, but if one side escapes first, the guy who stays 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.

But Matsumoto is a foreigner, and he has the mood of a dead Taoist friend who will not die or be poor. The difference in trust between the two sides can be imagined.

After the third 10,000 crude oil transactions, Citibank closed its position.

Then Industrial Bank closed the position.

Unlike the Pan-Asian Fund and Sumitomo Trading Company held by heavy positions, the positions of these institutions are not too much. With leverage, that is, tens of thousands of stocks, they will really close their positions in a short time.

Of course, they lost only a lot more money than Sumitomo Commercial Bank.

Su Cheng estimated that more than half of the people will never come back after returning to the company.

Such obvious losses occur every year, but not every financial institution will encounter it. In the era when the scale of tens of millions of dollars can be called a big loss, many parties with a little position here are estimated to lose hundreds of millions of dollars.

There are many people who take responsibility.

Dahua Industry silently absorbed many orders and flattened its own empty orders.

The multi-space confrontation has become so dull at this moment. It is not so much a battlefield of killing as disarming and surrendering.

In the bank account of the TransAsia Fund, the profit of 11 digits has changed rapidly.

At the end of the manual disk at 19:30, the position of the whole Dahua Industry was reduced to one-third of the original.

The price of crude oil is even more amazing, still between $14 and $14.30.

This also means that Dahua Industry has made about $18 billion after the first round of profit of $18 billion.

36 billion US dollars, which is only the profit earned by about 70 positions.

The shareholders who have the right to see the account are all red-eyed and have made plans to stay up late.

There are still several hours left on the electronic disk. Now let them sleep, and no one can sleep.

......RS