The Son of Finance of the Great Age

  Chapter 73 Christmas Battle (5)

  Benefited from the Nikkei index's six-week rise and the strong psychological expectation of approaching 40,000 points near the end of the year, the market showed a very optimistic mood, and there were a lot of funds pouring into the bulls. In this case, short sellers can only place an opponent's order at a very high price, even as high as 39,500 points at one point, approaching the psychological barrier of 40,000 points.

Even so, once the short order is thrown out, it is immediately taken over by the long order. Everyone knows that most of the long orders in the market have been taken over by RB's funds, and now there are only leftovers , if you don't be more active, I am afraid that even this point will not be there.

  However, when so many short positions were suddenly cleared in the market, it immediately poured cold water on the frenzied market sentiment. Analysts showed up one after another, and all kinds of unimaginable excuses were thrown out one after another.

  One of the most reliable statements is that the annual review of the RB consortium is coming soon, so the RB funds in Singapore may be withdrawn on a large scale, and they will not enter the market again on a large scale until their internal transfers are stabilized again.

   "The large-scale evacuation of RB's funds, is this the reason?" In RB's operating room, Jim is convening all the traders to discuss fiercely the recent abnormalities in the market.

"Probably!"

   "There are so many multiple orders thrown in the market at once, which will definitely have an impact on the RB market. Is this the time for us to build positions on a large scale?"

Many traders are also very excited. They have fought so many times with RB's funds. They win less and lose more. It is not because of insufficient funds, but because the bullish performance of the RB market indirectly affects Singapore's index, which makes them feel helpless .

  The aggrieved traders are now waiting for an opportunity, an opportunity to turn over in one fell swoop, and now, this opportunity has come.

  How to clear long orders, one is that there are new longs to take over, commonly known as multi-exchange, and the other is to take over short orders, which is multi-flat. Now there are hundreds of thousands of long orders in the market, but when everyone is bullish, there is simply not enough funds to take these long orders.

  Now, only Jim and his gang can follow.

   "But, if we suppress the Nikkei now, what about our bonuses?" A voice suddenly rang out amidst the heated discussions, and only then did others remember that they still had a small treasury.

"Hey, Roger, have you forgotten that the focus of our operation is the huge amount of money, not our money, do you understand? Besides, if we can make money here, it will be far away." Much more than those little money." Matt sneered, with a look of disapproval on his face.

  Yes, as long as the huge amount of funds on hand jumps by a percentage point, the funds that can be earned or lost through leverage amplification will exceed the embezzled money.

   There was a burst of laughter in the operation room. Roger, who had spoken earlier, turned red and then pale. He obviously didn't think of this relationship. He was only concerned about his bonus and completely ignored the purpose of this time.

There are not a few people who think like him. Jim felt it necessary to remind him. After coughing lightly, he said: "Gentlemen, in fact, our purpose this time is to celebrate Christmas and the next few trading days. Completely suppress the Nikkei Index, although I don't know what they have to do next, but for now, our opportunity has come, and as long as we complete the specific goals, we will see the follow-up chain reaction."

  Everyone understood that they were just marching first, or to put it bluntly, they were cannon fodder. But they don't care anymore, the funds that can be operated this time alone have far exceeded their expectations.

  There are two points to measure a trader's ability, one is to look at his continuous profit, and the other is to look at the scale of funds he can control. An excellent trader (fund manager), if he can manipulate billions of dollars and maintain long-term profitability, then he is a legend in the industry.

   "Okay, gentlemen, now that everyone understands their mission, let's go all out!" Jim knocked on the table with a look of grimness on his face, cheering everyone up in this way.

   "Yes, sir!" The traders agreed loudly, and then got up and left the table one after another, and all of them started to crazily smash the Nikkei futures market as if they had been injected with chicken blood.

   "What? Someone started to swallow long orders?" When a series of long orders appeared on the trading screen, everyone was shocked.

When a large number of orders are thrown in the market, many people are guessing how long this situation will last and whether anyone will follow. As a result, after only a few hours, a number of orders poured out from the screen. Ten pieces of transaction information of thousands of lots swallowed up a small half of that long order in an instant.

   Moreover, this momentum has not stopped, and empty orders with larger quantities and lower quotations have also emerged, and even lowered the quotation to the mark of 39,400 at one point, which is clearly a rhythm of beating the dogs in the water.

   Now, it depends on how to operate the long order.

  According to the current quotation, the profit of long orders will be squeezed to a limited range.

  To everyone’s surprise, the long orders actually accepted this price, and quickly closed a part of the long orders.

Everyone understands that this is the fund that will leave the market at all costs. Now those who want to enter and leave the market are active, and those who want to go long start to buy this long order and want to close their positions Some people also want to hedge their short orders by buying long orders.

  The transaction volume increased instantly, which naturally brought a lot of difficulty to Jim's team. However, they took the lead, and with sufficient funds, they finally managed to take over 40% of the RB consortium's orders before the end of the transaction this week.

  The RB consortium had so many long orders that it took the market three trading days to digest all their long orders.

   There is certainly a reason for the large amount of funds, but it is more because Jim and his team frequently sell a small number of empty orders at a very low price in order to suppress the RB market.

  These prices can not only be traded quickly without touching the huge amount of long orders, but also force the long orders to place price reduction orders step by step.

  In this case, in order to quickly complete the long order, the price can only be reduced again and again, and because of its large volume, each reduction of the price will cause market fluctuations.

  The Nikkei index just fell little by little until it reached the position of 39300.

  Jim felt that the time was almost up, so he threw out an empty order of more than 15,000 lots in the market, and set the price at 39,000, as if telling the bulls that this was the reserve price.

  The average opening price of a long position is at 38,500. Even if you sell at a price of 39,000, you still make a lot of money. It's just that watching the short sellers squeeze profits step by step, anyone will be very upset.

   Kaoru Iwamoto also cooperated quite well, and finally tied all 38900 in a position that was unexpected by the market. He also indirectly cheated other RB players.

  Affected by them, the Singapore market opened lower and moved lower throughout the week, drawing a downward negative line.

On the last trading day of this week, Jim and his team established a 200,000-hand empty order with an average price of 39,100, which cost about 2.6 billion US dollars. Investors took over, and there were about a million contracts in different directions in the entire market, and Jim's team accounted for a full 20%.

  Affected by the departure of the bulls, the confidence of the bulls was greatly hit. The index in the Singapore market also plummeted all the way, and the market once fell below 39,000 points.

Affected by the Nikkei futures, the Nikkei index, which has been rising for six consecutive weeks, did not rise this week for the first time, but fell by 230 points. In the week before Christmas, Jim achieved his expected goal and made a profit of about A profit of over ten million dollars.

  Before the weekend arrived, Jim received a call from the United States. The person on the other end of the phone was very satisfied with his performance and praised him for the first time, which made Jim very happy. But when he asked about the follow-up operation, the person on the phone dismissed him with a sentence of continuing to be bearish.

  The sound of "jinglebells" has already sounded on the street, and a few people dressed as Santa Claus can be seen from time to time distributing candy, and the whole street is filled with a happy Christmas atmosphere.

  Christmas, RB market is closed, but in Singapore, Christmas is a statutory holiday. So Jim and his team have three days off.

For Westerners, Christmas is one of the most important festivals of the year. As soon as these trading days end the week, they can't wait to catch a car to Tokyo, and then fly to the mainland United States and Japan from there. Europe, come back after Christmas.

   Only Jim, Maxim, Matt and a few people with ulterior motives stayed.

   "Jim, there is nothing wrong with our money, right?" Matt who stayed in the operating room glanced at Maxim who was pretending to be busy, and asked in a low voice.

   "No problem, it's in the same direction as our capital operation, making about one million dollars." Jim showed a smug look on his face. However, he also forgot to ask the broker to throw away all these empty orders. In his opinion, the economy will continue to fall next week.

   "A lot of money, isn't it?" Matt put on his coat and whistled triumphantly. "Hey guys, I'm going first, Merry Christmas!"

   "Merry Christmas!" Maxim, who was still tapping in front of the screen, replied casually.

   "Jim, how much did we earn?" After Matt walked away, Maxim walked to Jim's side, with uncontrollable curiosity on his face.

   "I lost about 1.2 million dollars, and I'm thinking whether to throw it all away on Monday." Jim said with a gloomy face and a little absent-mindedly.

"Don't even think about it. When it reaches 50 million at most, it will all be liquidated, so that you can still control your own funds, so that you can give an explanation to investors, and the other 100 million funds will just evaporate out of thin air!" Maxim said. It is also sad, he knows that Jim is not lying, because he also has relevant account information.

   "It seems that we have to think of a perfect plan to completely confuse the money, so that we can not only block the mouths of these people, but also be able to cope with the inspection from above."

  Most of Jim’s funds are invested in Singapore’s futures market through foreign brokers, and part of it is used as margin, while the remaining one billion US dollars is left in the RB market for hedging risks.

  This part of the funds in RB can be easily fooled by a little manipulation of the transaction records. Everyone in his team is tied to this boat, and I believe no one will say it, otherwise no financial institution will hire such a person again.

   "Have you thought about how to spend Christmas?"

   "Still going to Kabukicho? This time it's your turn to treat!"

"make a deal!"

  Jim and Maxim smiled at each other, they both understood each other's thoughts, and it was time to vent. (A new chapter is added today, in order to thank more than 4,000 recommendation votes. In addition, the update progress is temporarily slowed down during the revision period of this book, and only one update can be made on weekends. The author hereby apologizes, and I hope everyone will forgive me.)

  (end of this chapter)