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Chapter six hundred and thirty fifth sharp turn

Hirano Hideto was exhausted and had been trading for several hours in a row, as if he had taken time out of his strength. In addition, there was also pressure that could not be relieved in his heart.

Although many traders have stood at Sumitomo Commercial Bank due to customer requests, everyone knows that these people are just doing risk aversion now. Financial companies are like widows. They can do transactions that cannot be done overnight, especially financial companies with small businesses that pay special attention to them. Don’t you see the lending rate between banks and financial institutions? One overnight, and another one that cannot be seen.

Logically speaking, there are so many traders who are safe-haven, and oil prices should always rebound, but Hirano Hidetoshi waited and waited, and his fingers were cramped. He still didn't wait for the signal that oil prices would rebound. He naturally understood, which shows that Pan Asia Fund not only did not close or build positions, but also continued to sell shorts.

"What exactly gave Pan Asia confidence?" When Hirano Hideto took the time, he had to think about this question, but he was more thinking about "End quickly."

After the farce ended, he would give him plenty of time to ask for instructions to go up tomorrow morning. In this way, although he had to take responsibility, he would not take responsibility for everyone as he is now.

"I guess I'll be transferred overseas." Hirano Hidetomo thought to himself: Maybe he'll be transferred to a good place, such as Europe or Singapore. No matter what, I'll take the blame that I don't have to bear on my own.

"Sell! Sell!" The vulture's disgusting scream started again.

Hideto Hirano looked around and finally there were a few who took over the market, so he felt a little relieved. Now it is not as good as noon, and there are short sellers everywhere, hoping to follow the trend and make money. In fact, those guys who follow the trend around $17 have made a lot of money, but those who follow the trend and don’t make much money later, but they have not lost money.

At that time, it was almost the most desperate time for Hirano Hideto. Even after a few hours, Hirano Hideto was still shivering.

Fortunately, the price has stabilized.

Hideto Hirano stood in the pool, had a little free time, and took the opportunity to look around.

The exchange is like a colonial market. Although it sells expensive things, both buyers and sellers roar and dance like barbarians. Everyone's face is distorted, and some people may be calm on the surface. But as long as you observe carefully, you can notice the madness in the corners of the other person's eyes.

Milton, nicknamed Vulture, is even more crazy. He was originally a proprietor trader of a medium-sized Dutch bank. He was also a trader who used the difference in bank deposits and loans to do arbitrage. The transaction scale was not large and the means of trading were very simple. But he was unwilling to do things according to the rules, which caused tens of millions of dollars to the bank... Fortunately, he did not lose his license, so he became an executive trader who worked for clients. But in terms of personality, such a scene was what Milton dreamed of.

Milton took the initiative to sell crude oil, and then came to other traders to sell crude oil contracts. He was busy with great fun, his sonorous gestures, and serious eyes... he also looked outside from time to time.

Hirano Hidetoki followed Milton's eyes and his pupils shrank suddenly.

"Sucheng - Is this guy here to show off his power?" Hirano Hidetoki wanted to throw his eyes out and smash the Chinese man's bag.

At this time, Su Cheng was wearing a tough suit and tied seriously around his neck, his eyes were concentrated and his nose was straight. Anyone who saw it would think he was a successful person in Financial City.

Shigeru Nishioka also noticed Suichuo, ran down from the second floor, and said to Hirano Hideto who was walking to the side: "Your Excellency Ito will let you pay attention to market fluctuations."

He didn't say which one of His Excellency Ito, and Hideto Hirano didn't care.

"You mean Suichi? He is here to experience it." Hideto Hirano said almost to himself.

Shigeru Nishioka didn't know whether he heard it clearly, so he explained the words and stayed by himself.

Hirano Hidetoshi looked at Sucheng, feeling inappropriate, and couldn't tell where it was wrong.

When it comes to experiencing life, cautious people will most likely choose to close the contract and then experience it. Pan Asia Fund is a real heavy holding. Even if you want to get out now, it will not be possible in a few hours. Sucheng came to the trading pool to make a leisurely situation, which is not a good choice.

Of course, there are also people who do this, but it is different from Siu Castle that Hidetoshi Hirano had known about.

But if he wasn't wandering, Hirano Hidetoshi couldn't think of the reason.

In this kind of market trading pool, except for the turbulent crowds of people who have risen and fall, it is just a warm and lively moment. It is not impossible to see the tricks from the outside, but at least 20 or 30 years of practice.

No matter how Su Cheng looks at this, he doesn't seem to be a person who knows it well.

Thinking of this, Hirano Hidetoshi turned his attention back to the trading pool and continued his semi-mechanized work.

The existence of Sucheng has also become irrelevant.

A few minutes later, Hideto Hirano's electronic screen vibrated. He naturally picked it up and took a look. He saw that it said in English: There are reports that OPEC's crude oil reduction plan was stranded.

Hirano Hidetoshi's brow frowned and thought to himself: There is so much bad news today.

Financial media reports on OPEC every day. Some of them will have effects, while others may not be certain. It is even more difficult to have immediate results. Otherwise, just bribing editors and reporters from one or two major newspapers can earn tens of millions of dollars, and there will always be senior scammers who can't help it.

However, in this case, there is nothing wrong with pausing for a while. Hirano Hideto leans against the edge of the trading pool, preparing to get more specific information from the delivery operator.

After thrusting to the edge of the trading pool with great difficulty, Hirano Hidetoshi first breathed heavily, and then found three deliverers appearing in front of him.

"Is it a replacement?" Hideto Hirano was looking for a familiar newspaper deliveryman.

A European stretched out his hand from behind and said contemptuously: "I'm giving me news."

"Your news is also very effective." Hirano Hidetoshi said with a smile. He was planning to stay in the trading pool for a long time, if he was not exiled. So, he was like he did in a Japanese company, first establishing a good relationship with his predecessors.

The European glanced at him and did not say anything more.

The other party turned around and left, and the deliveryman from Sumitomo Shopping Bank also handed the thing to Hidetoshi Hirano with a serious face.

He looked a little surprised. The first thing he saw was the registration in Japanese.

"Nikkien Keizai Shimbun?" This is a big newspaper. Hirano Hideto said strangely: "What does it mean? Why is it a Japanese newspaper?

"It's a newspaper that has just been released. We also asked the Ministry of Trade and Foreign Affairs and confirmed foreign news. OPEC is very likely to give up reducing production capacity. Their negotiations are very unsuccessful, and the reporter found them." The exchange with the transaction pool was very fast. The newspaper delivery officer also said quickly.

Hidetoshi Hirano couldn't help but look at Su Cheng. The man in a light suit stood there without any sense of consciousness, with no expression on his face.

"It shouldn't be him, no matter what. This is also OPEC." Hirano Hideto nodded vigorously and said, "I will observe it."

OPEC’s reduction plan was not only available, but news emerged since the beginning of the year. The OPEC ministerial meeting several months ago had already placed it in a formal bill and was waiting for the vote to be passed, which caused the price of the crude oil market to rise at that time.

It can be said that the price of crude oil can exceed US$18, which is somewhat due to this plan.

The reasons for reducing production capacity are also legitimate. The crude oil production in Iraq and Kuwait has recovered and the US economic indicators have failed to meet expectations. This has led to oversupply of the world crude oil market...

It is not easy to put on such an agenda, and it is even more difficult to fall into it.

"It's not OPEC's official conclusion." Hirano Hideto returned to the position with such an idea, and did not trade anymore, but looked around with some anxiety. Sumitomo Corporation, like Pan Asia Fund, has made heavy positions, not just withdrawal, especially such a trading pool where manual price calls are used. The big shorts yelled to close the position, and everyone else became a bull party immediately, and then excitedly took out a knife to share the meat?

He is observing others, and others are observing him.

Before the situation was unclear, only some guys who were catching fish in troubled waters entered the lively transaction, and more people stopped their actions instead.

The price of crude oil has fallen slightly, but it is only 10 cents, which does not have any effect.

But at the same time, the Pan Asia Foundation's office was already full of joy.

Crude oil futures trading with 10 cents to 15 times leverage is nothing, but it is great for price spread trading between 300 and 500 times.

Since the London Exchange is more susceptible to international trading, and the crude oil price on the New York Exchange depends more on domestic supply and demand performance, OPEC's decision first affects the oil price on the London International Crude Oil Exchange.

With the current low-level New York Stock Exchange, it is unlikely to go down.

"When profits are proposed, the scale of the spread contract will gradually shrink." Sucheng also knew the risk of hundreds of times leverage and would not continue to do it like shorting crude oil.

As Pan Asia's funding pool increased, Milton's morale naturally increased greatly, and crude oil was sold continuously for a while.

With his efforts, crude oil prices also fell slowly until they approached the $16 mark.

"This guy..." Hirano Hideto stared at the offer with gritted teeth, and took out the electronic screen to check it from time to time.

There are more and more rumors.

With OPEC all happening, will Sumitomo Bank continue to follow up? The losses are increasing.

However, if Sumitomo Corporation does not follow up and the oil price will take a sharp turn for the worse, the losses will be difficult to recover.

"If you can use a large amount of funds to force the price of the August crude oil contract, you may be able to solve this dilemma." Hirano Hideto was startled by his thoughts, but the more you thought about it, the more you felt it was feasible.

With the strength of Sumitomo and Ito Trading Company, if you take full advantage of your efforts, it is not only to control the market, but to regain the situation, it is still possible to regain the situation. Even if the two stores have reservations, it is still possible to find an alliance in this market.

Hideto Hirano thought to himself that Pan-Asia Fund and many financial companies have invested a lot of money in the price of $16. As long as you forget the losses caused by $18 and start with $16, it may really lead to a short squeeze.

Short selling requires repayment. If the contract price rises step by step, as the delivery date approaches, no matter how unwilling the short seller is, he will have to spend a high price to close the position and admit the loss and exit.

However, there is too much money to mobilize this.

Hirano Hideto had no way out, so he came to the trading pool again and called Shigeru Nishioka.

...
Chapter completed!
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