Rebirth 2006, creating a super consortium

By the time Anxin finished taking a shower and dried her hair, it was already 8:30 in the evening.

An Xin sat at the desk, first filled her cup with water, then turned on the laptop screen, controlled the mouse to open the browser, directly entered the URL of the Google search, and pressed the Enter key.

Google had not yet withdrawn from the Chinese market in 2006, so you can directly jump to access it.

After entering the Google search page, An Xin thought for a while, chose to enter London Metal Exchange (LME) in the search bar, found the official website of the London Metal Exchange, and clicked to enter.

In the non-ferrous metal futures market in 2006, the London Metal Exchange firmly held the top spot and was the world's largest futures trading market, with a much greater influence than the New York Mercantile Exchange (COMEX) at that time.

Soon, a screen full of London Metal Exchange's trading product prices appeared in Anxin's eyes. Ignoring the information flow in front of him, he directly entered cathode copper futures into the search box on the official website.

After a while, all real-time information on copper futures on the London Metal Exchange was refreshed.

$5832.5!

Equivalent to RMB 46660 per ton!

Compared with the closing price of 44210 on the Shanghai Futures Exchange, the premium is 2450 yuan.

If An Xin had a trading seat in the London Metal Exchange at this time, he could fully utilize the price difference between the two futures markets and make an arbitrage transaction. In theory, he could achieve stable profits without loss.

Unfortunately, Anxin does not have a trading seat. Even if she did, Anxin does not intend to do so. The reason is that the profit is too little.

Looking at the real-time price of London copper in front of him, An Xin was unmoved. Instead, he controlled the mouse, clicked the K-line conversion, and then carefully observed the historical price and inventory order information of London copper.

After extending the historical K-line trend, An Xin quickly discovered the abnormality.

A week ago, the opening price of London copper was $4266.3.

Now, a week later, the real-time price of London copper is US$5832.5.

The weekly increase was as high as 36.7%!

Seeing this information, combined with the memories of her previous life, An Xin raised her eyebrows and smiled as if she had suddenly realized something.

He seemed to have figured out what the capital consortium led by Goldman Sachs was planning for the copper futures market.

wrong!

Very wrong!

This is not in line with Goldman Sachs' trading style, it's too simple!

Some information must have been missed!

An Xin restrained his expression, thought for a moment, then immediately manipulated the mouse to reopen a Google search interface, and began to search for information on major copper-related countries and companies.

After five minutes of busy work and repeatedly confirming the authenticity and timeliness of the information obtained, An Xin discovered an astonishing problem: currently, among the major metal groups in the world, only a few have released or disclosed real-time business information related to copper business, while other large groups involved in copper business have not released or disclosed any relevant information related to copper business this month!

The most outrageous thing is that Chile, the world's largest copper resource country, not only did not disclose real-time information this month, but also did not disclose information for last month.

conspiracy!

An Xin immediately started brainstorming and began to think again.

Just as I was looking up information and thinking, the price of London copper started to rise again.

In just ten minutes, the price rose from $5832.5 to $5913!

And it’s still climbing!

An Xin suddenly seemed to remember something, and immediately switched the computer page back to the London Copper page, and began to check the London Copper holdings and the total distribution of long and short positions.

Staring at the information in front of her, An Xin narrowed her eyes and suddenly smiled happily.

This time, he really understood what tricks the capital consortiums led by Goldman Sachs and assisted by major mining groups were trying to play in the copper futures market.

First kill the shorts to lure in the longs, then kill the longs to clean the market. After cleaning, quickly pull the market up to a high enough position to attract hot money from all over the world to enter the market for gambling, and then you can raise the sickle to reap the harvest again.

It is indeed in line with the trading style of Goldman Sachs Futures Department!

wrong!

Although Goldman Sachs has a great influence, it is not so great that it can affect so many countries and industry giants.

My former employer Morgan Stanley must have been involved as well!

It is estimated that there are also several financial groups such as JPMorgan Chase, Citigroup, and BlackRock.

Only by joining forces can they convince industry giants and interest groups from resource-rich countries from all over the world and make them unanimously agree to join this harvesting game!

"I don't want to grow up..."

A ringtone of she's "I Don't Want to Grow Up" rang on the desk, interrupting An Xin's thoughts.

I picked up the phone and looked at the screen. Li Hong was calling!

"Hello, Li Hong, what's wrong?" An Xin pressed the answer button and asked Li Hong on the phone with concern.

"An Xin, are you in the dormitory? I want to come over to see you. I miss you."

Listening to the voice of longing coming from the phone, An Xin smiled and replied: "I'm in the dormitory, come over, and buy some barbecue on the way. Weidong and I haven't had dinner yet."

"Okay, what kind of barbecue do you want?"

When An Xin heard the question, she said directly: "Just buy some skewers or something. Oh, don't ride your bike. Take a taxi. It's safer."

"Okay, got it. I'll take a taxi over there. Just wait for me."

"Okay, stay safe."

After hearing Li Hong's affirmative answer, An Xin immediately hung up the call, put the phone back on the table, and then turned to He Weidong who was sitting on the bed reading a book and shouted: "Weidong, Li Hong will come to the dormitory later. I asked her to pack some barbecue and bring it over. Let's eat together later."

He Weidong put down the book in his hand when he heard the shout, raised his head and looked at An Xin. After listening to the content, he said to An Xin with a smile: "Okay, then I'll look forward to eating your sweet midnight snack, haha."

An Xin also smiled when she heard that, then raised her hand and pointed at the laptop and said, "Then you just wait, I'll continue to be busy."

I looked back at the time displayed on the computer, 21:01!

The Shanghai Futures Exchange opened in the late trading session!

An Xin immediately reached out and rubbed her face to wake herself up, then switched the screen from the London Metal Exchange's official website to the Shanghai Futures Exchange's trading software.

44210, 44266, 44321...

The Shanghai copper price is rising wildly like a wild horse!

An Xin stared at the rising Shanghai copper price in front of him, and did not perform any trading operations. Instead, he switched the screen back to the official website of the London Metal Exchange and controlled the mouse to jump to the London copper market page. He did not pay attention to the rapidly rising London copper price, but adjusted the K-line pattern and observed it again.

About half an hour later, Anxin put away her expression of careful observation and relaxed.

After observing for this period of time, combined with my own trading experience.

An Xin has already vaguely figured out the upper limit price of the capital consortiums such as Goldman Sachs: around US$6500!

Use the mouse to scroll up the page and you will see the real-time price of London copper.

$6181.8!

It will be soon. Maybe the industry giants and the country will release the news today and start the cleansing process.

Be prepared for new transactions, can't wait!

An Xin immediately switched the page back to the Shanghai Copper page of the Shanghai Futures Exchange and saw the real-time price of Shanghai Copper at a glance:

50010 yuan!

50010 yuan is equivalent to about 6250 US dollars when converted into US dollars. Wow, it has risen even higher than the London copper price.

Can’t wait any longer, no need to take the risk to get the last wave!

Anxin no longer hesitated, controlled the mouse to drag the page to the Shanghai Copper Trading End, and immediately started closing the position.

Closing price: 50010 yuan!

Confirmed to sell 30 long orders!

Once the closing order is posted in the trading market, it will be matched and traded instantly!

After confirming that the position had been successfully closed, An Xin took a deep breath, then manipulated the mouse to open the transaction order settlement page. After the jump was successful, she saw at a glance the profit of her first financial transaction after her rebirth:

1063500 yuan!

321900 yuan of capital investment and 1063500 yuan of closing profit!

3.3 times profit in one day!

The capital market is really profitable!

Even though he was a financial elite in his previous life and was reborn in this life, An Xin still felt a little excited and emotional when he saw the achievements in front of him.

This shows that his attempt was successful and that future plans can be implemented firmly!

After calming down, I continued to control the mouse to close the transaction settlement order screen and returned to the Shanghai Copper page. Then I saw the current price of Shanghai Copper:

50091 yuan!

Looking at the Shanghai copper price which seemed to be still rising slowly, An Xin did not feel any regret at all.

As a veteran with more than ten years of experience in the capital market, he has his own trading bottom line:

Don’t be the one who waits until the last minute to leave!

Because doing so is too risky and it is easy to stumble and cause a disaster.

Ignoring the current copper price in Shanghai, I opened my personal account at the Shanghai Futures Exchange and saw the trading account balance displayed above:

1457062 yuan!

Rebirth is so cool~