v3 Chapter 849： Entered Sumitomo Trading Co., Ltd.

"Wang Qi, start working hard now to increase the prices of copper futures and aluminum futures on the Tokyo Futures Exchange for me, and let Kazuya Fukuhara come forward and find Sumitomo Corporation..."

After the conversation with Wang Qi ended, Xia Yu took the microphone and wanted to call George Berkeley in London again, but he thought for a while and found out and waited.

The London Metal Exchange is the world’s largest metal futures trading market. The water in it is even more muddy than those in New York and Chicago. It’s easy to attract the attention of giants if it jumps out. The risk is uncontrollable, but the best way is to moisten things silently. Generally raise the price, anyway, he had told George Berkeley before, and the latter knew what to do.

Furthermore, as long as Fukuhara and Kazuo are able to move Sumitomo Trading Co., Ltd. to their long side, there will be people in the early days of the London Metal Exchange.

Leave it to the little devil to attract hatred. With the arrogant mentality of the little devil in this era, I don’t want European and American ghosts to see their energy.

In Xia Yu's view, if you really want to make a difference in one fell swoop, you shouldn't be on the exchange, but on the sidelines!

What I have to say here is the speculative method of futures.

The most well-known speculation methods are "hoarding" and "short selling attacks."

The so-called hoarding is to hoard a large amount of spot and buy futures contracts at the same time, so that the short futures can not find enough spot to deliver, so they have to admit to lose and bear huge losses.

The so-called short-selling attack is to sell a large number of futures contracts with huge financial resources, causing the futures price to continue to fall, making the longs in the futures unable to bear the losses and being forced to admit compensation. Now Philip Brothers and Salomon Brothers are using this method. , Trying to use capital to crush the bulls led by the Galaxy Fund.

"Hoarding odds" is used to combat shorts, and "short selling attacks" are used to combat longs.

No matter which method, they try to create huge price fluctuations in a short period of time, causing a serious deviation between the futures price of a commodity and the intrinsic value in order to make huge profits.

But still the same sentence, the capital market, the most advantageous weapon has always been capital. As long as there is enough capital, even remote ravines can rush out of the torrent in a short time and flood the opponent.

Xia Yu is currently relying on capital to withstand the "short-sale attack" of Philip Brothers, and even able to place long orders to counterattack, forcing Albert Raphael to feel a little hopeless and had to pull Solomon Brothers. Together, the company tried to defeat the bulls led by Galaxy Fund.

If Xia Yu intends to sit firmly on the Diaoyutai, the best way is to use large capital to hoard spot, while holding down the high futures prices, let the bears realize that victory is hopeless and raise their hands to surrender.

Otherwise, just play digital games on the exchange, as long as the margin is sufficient, you can play indefinitely until the delivery time agreed in the contract.

If Xia Yu doesn’t have any physical objects in hand, the longer the delay, the more and more funds will be invested by the Galaxy Fund. The bigger the cake, the more attractive it will be. If Philip Brothers and Salomon Brothers connect to more companies to hunt him If so, the risk is too great!

Xia Yu is not so arrogant that he dares to underestimate a group of big crocodiles on Wall Street.

It is completely different if there is a real object, there is the courage to fight to the end, and the qualification to lift the table.

Especially I don’t know if Phillip Brothers and Salomon Brothers are too confident in their own capital, or are worried about the uncertain troubles caused by delaying too long. The contract performance period is set at three months from the beginning to the end!

However, the Galaxy Fund can take over the purchase no matter when it is delivered, as long as there is a contract to sell, no matter if it is three or seven twenty one, it will take over the purchase. Anyway, as long as the delivery time is reached, the shorts can't take out physical delivery or the equivalent amount of contract liquidation, just wait The position was forcibly closed by the exchange.

This involves the trading rules of the futures market, which are actually quite simple.

Take soybean meal as an example to do a simulated trading of short futures. The process of this transaction is like this. If the seller first agrees to a contract, the agreed price in the contract is 3,800 yuan, and the contract has a time limit for performance, for example, three months.

During these three months, if the price of soybean meal drops to 3,500 yuan, if you are the seller in the contract, it has been agreed in your contract that you can pay 3,800 yuan at any time during these three months. The price of one ton will fulfill this contract. At this time, you can buy 3,500 tons of soybean meal or contract on the market and sell it to the buyer in the contract, so that you have completed a short transaction.

The difference of 300 yuan in the middle is the profit of shorting.

Of course, if the price of soybean meal is the lowest in the three months at 4,200 yuan, then it means that the short selling has failed. If you are lucky enough to catch the lowest price of 4,200 yuan, you will have to lose 400 when you buy physical soybean meal for delivery. Yuan ton, if you are unlucky, you will lose more.

Generally speaking, in futures, the bet is on vision.

Of course, in theory, as long as the capital is enough, what momentum can be forcibly reversed.

Thinking of this, Xia Yu dialed the office of the chairman of Xiangjiang, and the answer was Huo Jianning. Xia Yu asked him to notify relevant companies to select personnel to prepare for departure. At the same time, he supervised the economic research office of Jiuding Newspaper Company and the three major companies. Jiuding Business Research Institute, one of the think tanks, compiled research reports on the global copper and aluminum industries as quickly as possible.

After the order, the Jiuding Consortium began to accelerate its operation.

In the next few days, with the addition of Salomon Brothers, the battle became more intense, attracting a large number of attention, including financial predators, economic media, and melon-eaters.

The bottom of the Galaxy Fund has been dug out more and more. Fortunately, the Galaxy Fund is registered offshore, and the legal person before the launch is also Liu Xiao, who is far away in Xiangjiang. On the surface, it has nothing to do with Xia Yu. Xia Yu did not It was exposed to the public eye by the media.

However, in the face of the malicious attacks from some arrogant nationalist media Xia Yu did not endure without his temper. He asked Yan Wenhan to direct his subordinate media to join in, making the water more and more muddy. The war of words was fierce.

Two days later, Xia Yu received bad news. The source was George Berkeley in London.

George Berkeley claimed that Barings Bank was doing short copper futures and aluminum futures on the London Metal Exchange, and his attitude was quite resolute. According to reports reported by his subordinates, he also saw senior officials of Barings Bank’s futures department enter the London branch of Phillip Brothers and the Barings Bank futures department It took almost a morning for the senior management to leave.

The joining of Bank of Bahrain was completely unexpected by Xia Yu, but things have already happened, and the only thing that can be done is to actively respond.

After instructing George Berkeley to arrange for the vest to come forward, Xia Yu avoids making a few more phone calls.

……

In the cex club of the island country Tokyo, Kazuya Fukuhara and a middle-aged man in his forties are bathed in a steaming hot spring pool. There is a small table by the pool. There are many snacks and drinks on the table. There are three people on each side. The beautiful girl rubbed their shoulders and wiped their backs, poured wine and fed snacks.

"Fukuhara-kun, thank you for your warm hospitality. I wonder if you invited me today. Any advice?"

Sumitomo Keigo, who was in his forties, with his head tucked and hairy chest, was enjoying a soft and relaxing massage. He smiled and asked Fukuhara Kazuya.