Rebirth of the Financial Overlord

Chapter 488 Gatling√Semi-automatic Rifle

There is a law in the financial market that nothing is impossible, on the contrary, everything is possible.

Bank of England Markets and Trading Department.

Robin Leigh Pemberton looked at the Reuters screen in disbelief, his eyes filled with unbelievable shock.

2.8105, sell 6

2.8100, buy flat 6

2.7995, sell 6

On the LCD screen, numbers denser than an ant colony were scrolling crazily. The dense numbers were like an ant colony devouring all green, which made Pemberton feel his scalp numb. He had the absurd feeling that, except for the Bank of England, every speculator in the world was selling pounds.

No, to be precise, he felt that, except for the people in the office, he felt that everyone in the world was selling pounds.

Yes, all of them.

Otherwise, it is really impossible to explain why such a large number of selling positions were placed in such a short period of time in the market. This is simply not something that some international speculators or a few funds can do.

With such a large number of transactions, at least 1,000, or even 10,000 have to be sold with as many traders as the Bank of England. But the feeling was just a feeling. Pemberton knew in his heart that everything was done by that bastard from the east.

6.

No one likes this number, except that oriental demon named Shen Jiannan.

How did he do it?

Pemberton really couldn't understand this problem. Countless volumes were printed out every second. The frequency of 6 even overwhelmed all the selling positions in the market. In five minutes, the pound was beaten down by more than a thousand basis points by this inhuman transaction.

Although, this is only the price in the futures market.

However, soon it will be the delivery date of the British pound that month. Affected by the linkage of the financial market, there has also been a large-scale sell-off in the spot market. As the delivery date approaches, this discount will overlap infinitely.

A feeling that Pemberton himself could not believe arises spontaneously.

This bastard, is he trying to corner his position?

Squeeze is a means of using funds to push prices in the financial market.

The so-called forced position means that the forced position has both a large amount of spot positions and a large amount of futures positions, so that short sellers or sellers who do not have spot goods have to close their positions at a higher price after entering the delivery month. It will deviate far from the spot price, which is a squeeze.

Generally speaking, more squeezes appear as more short squeezes.

The quantity of a certain kind of goods is limited after all. If there are enough funds to sweep the spot market, there will be a shortage of sellable targets in the spot market. When the delivery is approaching, short sellers in the futures market will be forced to buy at all costs. Delivery to close the position.

Because the standard contracts traded in the futures market use margin trading, which is the so-called leverage.

Its leverage is the geometric multiple of the subject matter of the transaction.

Once the delivery date is approaching, the short side needs to buy the number of positions sold by holding the position and multiply it by the actual target quantity of the standardized contract to deliver and close the position.

Of course, it is not without empty pressure.

Theoretically speaking, speculators on the short side can take advantage of funds or physical goods to hit the market price at a low price in the spot market, and sell a large number of certain standardized contracts in the futures market, so that their short positions greatly exceed the amount that many parties can undertake. ability, and forced other spot merchants to be forced to follow suit and lower the price, so that the price of the futures market fell sharply, forcing the speculative bulls to sell the contracts they held at a low price to admit their losses, or to be subject to default due to their financial strength. Fines, and thus profiteering.

Simply put, it's a game of rules.

But from a theoretical point of view, it is almost impossible for the short to force the long, or in other words, the bulls have an inherent advantage.

But now it seems that someone is cornering the Bank of England. Someone is actually cornering the Bank of England? Squeeze the Central Bank of the United Kingdom of Great Britain and Ireland!

How absurd.

What's even more absurd is that the UK is also the issuing country of the pound, and is essentially the biggest short in the market.

Pemberton was dumbfounded, staring blankly at the Reuters screen, momentarily forgetting what decision to make.

This kind of thing has never happened!

The head of trading in the marketing department, the chief trader, and other traders are also confused and dazed. The numbers are denser than rain, like a six-barreled Gatling machine gun, firing hundreds of bullets every second, and they , The weapon in his hand is a semi-automatic rifle.

How can we fight this battle?

Involuntarily, both eyes turned to Pemberton.

What are you in a daze for? Pull me up, I don't believe they can persist like this forever, no one can always focus on maintaining such a high order speed.

As if waking up from a dream, as the head of the trading department issued one order after another, the traders tapped the keyboard frantically at an unprecedented speed.

2.8105, buy 20

2.8115, sell 100

2.8115, buy 100

2.8125, buy 20

With the over-selling of large sums of money, the price of GBP against Mark rose sharply and quickly returned to above 2.80. Probably the short sellers in the market also felt the terrifying firepower of the bulls, and they were beaten for a while and had no power to fight back. .

This made Robin Lee Pemberton finally heave a sigh of relief. It seemed that this was a premeditated sneak attack. Those damn short speculators simply couldn't continue such high-frequency selling behavior.

Canary Wharf, First International Capital Trading Department.

Supper, supper.

A Huaxia aunt pushed the dining car into the trading department. Following her greeting, a group of boys surrounded the dining car under William's leadership.

It's almost ten o'clock, the work is so hard, how can I get by without some supper.

Give me those two skewers of grilled fish.

I'll just eat two chicken legs.

Wow. So spicy.

Amidst the commotion, an Englishman was eating a bunch of kebabs.

He was crying while eating, his eyes were full of tears, and he looked very sad, but his mouth and hands were not idle at all, and he continued to chew while fanning the wind, which was puzzling.

Sam. Why do you still eat it if you think it's spicy?

But it's so delicious, God, why didn't I know before that your Huaxia food is so delicious.

.

Eating barbecue and drinking coffee.

It's a weird and out-of-the-ordinary food combination, but a group of people eat it with relish, and don't seem to think there is anything wrong with eating this way.

Finally, a group of people were full of food and drink, and were full of anticipation waiting for the arrival of desserts. Their eyes were shining, and they looked like werewolves in the night.

Da da da.

A series of high-heeled shoes rubbing against the floor could be heard vaguely from the office corridor in the dark. Soon, a blond girl opened the door of the office, and with a sweet smile on her lips, she greeted the boys present.

Hi!

Hi! Good evening, handsome guys!

Zhang. You look so handsome tonight.

.

A group of girls of different shapes and sizes filed in, and the familiar young men greeted each other, and before they greeted them, they walked over one by one, chatting with them about the moonlight tonight.

When Sasha Brooke wasn't there, William immediately jumped up and took a look at the floating profits of the positions on the central account

40000000.

There is no way, earning so much money, if you don't communicate with others to suppress your shock, that feeling will make your blood vessels explode. In desperation, William had no choice but to stop a slender but plump girl and start communicating with her. Philosophical questions of life.

Gradually, William's excitement eased, because the exchange rate of British Pound to Mark rose to 2.8455, and the floating profit of 40 million pounds also shrank to more than 20 million.

There is nothing so calming, and nothing so irritating, as diminished wealth.

Well.

It's just so contradictory.

That tangled sense of contradiction is simply the demon of all speculators.

clap clap -

William clapped his hands, drawing everyone's attention.

Guys. Fuck these whores, it's time to show them how good we are.

Snapped--

Snapped--

Snapped--

After William finished speaking, the traders clicked a button one after another, and with the combination of hardware and software, the feedback was displayed on the computer screen in 0.01 seconds.

2.8455 sold 6

2.8450 buy flat 6

2.8435 sold 6

2.8120 sell 6

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like