Rebirth Strongest Tycoon

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Everyone’s eyes are on themselves, which makes Curtis Bard a pressure hill.

Although the Rothschild Family let him short sell LME copper futures and LME aluminum futures, this cannot be said unless he wants to go to prison.

Curtis Budd was very anxious, and his forehead seemed to become wet.

Barrett Bahrain frowned, said solemnly: “Manager Curtis Bard, I read your investment application report, but it is not enough to explain your investment within a short time of more than 7 points and 100000000 USD for short selling, your behavior It was too radical to cause this dilemma. I need an explanation.”

At present, the floating loss is only 2500 550,000 USD, which is not too much for the Bank of Bahrain. It seems that it is not enough to alarm Barrit Bahrain, and the executive meeting is held in such a big battle.

But if you think about it, you can understand Barrett Ballin’s concerns.

Before the short selling of Bahrain Bank, it only gradually stepped into a disadvantage, and there was still room for dealing with it.

However, the news that broke out this afternoon meant that the bulls were about to take off, and the room for maneuver of the shorts led by the Bank of Barings was instantly reduced by 100 8/90.

Now it is only a loss of 2500 550,000 USD.

But what if the prices of LME copper futures and LME aluminum futures double?

So how much money the Bank of Bahrain has invested, how much money it will lose!

Now it has invested 7 100000000 4000 9 million USD, and this figure is huge!

If all losses occur, it will be enough to bring the Bank of Barings into the abyss!

Although the London metal stock exchange has a margin system, if the margin is lost under normal circumstances, the stock exchange will force the closing position, and the loss does not seem to be too large.

But there are no absolutes, there are always extreme situations, such as the inability to close the position.

On the premise that the bulls are unanimously optimistic about the market, and holding the futures contract without letting go, the Bank of Barings cannot buy a sufficient amount of futures contracts for closing position.

In this way, you can only watch the futures price rise all the way until the contract expires.

In theory, the price of futures can rise to infinity, so the loss of short selling is also unlimited.

Just like when the Hunter family long selling silver futures, the initial silver futures price was about 2 USD ounces. By 1980, the highest price reached 50 USD ounces, a 25-fold increase.

Assuming that at first the short selling of short selling has not been able to clear the position, and when it reaches the highest position, it will be delivered by the long. If the silver futures sold for 200000000 million USD will be bought back for 25 100000000 million USD, the loss is as high as 2 1.4 billion USD.

Of course, in a few months, the loss was less than 20 times, but if the bulls are too strong, it is not impossible to rise by one or two times.

With such a huge contract volume of the Bank of Barings, in the case of a bullish trend, it is too difficult to have all the closing positions smoothly. It is considered good to be able to escape with a loss of 100~200 million USD.

Because of this premonition, Barrett Bahrain could not sit still at home, and hurriedly called all the high-level meetings.

Curtis Bard sweats densely packed on his forehead, and quickly explained to himself: “Board-Chairman, I am sorry that I miscalculated the long strength. I thought that we could use our powerful capital to end the battle quickly, but didn’t expect long. The capital is strong, and it is too late by the time I react, and I am planning to attract more capital to join the short camp.”

“But before it was officially implemented, what happened at noon today. The reason why the Locke Fund of the Howard family is long selling is still unknown.”

“But as far as I know, in the past few days, Sumitomo Corporation suffered serious losses in the LME nickel futures, LME zinc futures and LME lead futures markets. They have drawn all their funds back. They must want to recover their losses in other markets, so they will Intensify efforts to long selling LME copper futures and LME aluminum futures.”

“The actions of the G·S·Huabao Company showed no signs and had nothing to do with our investment, but they caused us unexpected trouble.”

“Board-Chairman, although the current situation is due to many reasons, I also have aggressive investments. I am sorry to cause trouble to the company.”

After speaking, Curtis Budd lowered his head with a shame, as if he had no face to see Barrett Bahrain.

Curtis Bard learned George Monroe’s this move in an emergency, so that Barrett Barin had nowhere to spread his anger and almost suffered internal injuries.

But if Curtis Bard wants to get rid of responsibility so simple, it is undoubtedly too simple.

Seeing the Board-Chairman was very annoyed, President Peter Niels glared at Curtis Bard and scolded: “Curtis Bard, your responsibility is the greatest. Things have happened. What you have to do is to do your best to cover the future loss. drop to lowest!”

“What are you going to do?”

Although it was a scolding, Peter Niels also gave Curtis Bard a chance, depending on whether the latter could seize it, and let Board-Chairman Barrett Bahrain calm down.

Curtis Bard immediately seized the opportunity and said sincerely: “Board-Chairman, President, I think that if we want to reduce losses, we can take two steps. The first step is to create a negative public opinion atmosphere and win G· S. Warburg and other companies that may short-sell companies join our empty side, and take the opportunity to clear the stock and exit at the second step.”

Curtis Bud put it bluntly, just trying to trick several institutions into the water, and then took the opportunity to flee.

This method of stop loss is very insidious, and is typically self-interested.

But the capital market is cruel and ruthless, and only benefits above all else. If it can reduce its own losses, Barrett Bahrain will definitely do it.

The first Barrett Bahrain contemplated his eyebrows for a moment, and felt that the operation was too difficult. After all, no one is stupid, especially the shrewd Jews. It is difficult to lie to them to take the order!

But because of his distraction, Barrett Balin’s anger a little bit, looked towards others and asked, “What do you think?”

“Board-Chairman, I think it is too difficult to find an institution to take over, so I suggest using other methods to hedge against losses. For example, long selling to buy spot, the price of futures will rise, and the spot price will rise accordingly. Use the spot profit to hedge the futures. Loss.”

An executive spoke out suggested.

No one stipulates that a short position is always a short position. Long and short can be converted to each other. The key lies in which side is profitable.

“Board-Chairman, I suggest…”

……

To be able to become the executive of the Bank of Barings, each has several brushes, and one after another they put forward their own views, suggestions for those who have suggestions, and for those who don’t, they also contribute their own analysis and inspire others.

This is the purpose of Barrett Bahrain in convening a meeting for everyone, to gather the wisdom of the crowd to solve problems.

At the end of the discussion, everyone’s opinions gradually reached an agreement, which can be summarized into three points.

One is that short selling has failed, and short selling should be stopped immediately, so as not to get deeper and deeper, we should find a way to liquidate.

2 is not to give up the trustee into the water, find someone to take the order to reduce one’s own losses.

3 is to open a vest separately, not to reverse long selling spot in the name of Bank of Bahrain, and send people to major mining companies to purchase spot contracts for later transactions with metal buyers to hedge short selling losses.

During the meeting, their respective responsibilities were also assigned. Among them, Curtis Bard had the opportunity to make up for his work, that is, to find a way to lighten up the exit from the angle as hidden as possible.

After all, Curtis Bard is the senior manager of the metal trading department of the futures department. He has the best understanding of LME copper futures and LME aluminum futures. At this critical moment, letting him continue to be responsible is the safest way.

After the meeting, everyone performed their duties and acted immediately.

After unreliable Barrett Bahrain left the conference room, he went straight to the operation room to check the prices of LME copper futures and LME aluminum futures.

Barritt Bahrain’s face turned black instantly after seeing the prices of these two.

The meeting lasted just an hour, but the price of LME copper futures rose to 1387 USD tons, and the price of LME aluminum futures rose to 2824 USD tons.

Together, the floating loss of the Bank of Bahrain has risen by 2 1050 USD again, and the floating loss has reached as much as 30,000 3000 USD!

It is enough to see the impact of two events that happened one after another at noon on the market.

Forcibly suppressing the anger in his heart, Barrett Bahrain glared at Curtis Bud fiercely, and Barrett Bahrain left with a cold face when the latter promised to go all out to make up for it.

The next day is Friday, and the prices of LME copper futures and LME aluminum futures continue to rise, putting huge executive pressure on the Bank of Barings.

Fortunately, after the market is closed at 5pm, the market will be closed for 2 days on the weekend, allowing the Bank of Bahrain to have 2 days of activities.

For example, go to Europe countries to purchase copper and aluminum spot contracts.

The Bright Fund and the Howard family are also acquiring spot stocks. It is absolutely impossible that the two parties want to avoid encountering them or want the news not to leak.

The only difference is that the mood of the person receiving the news is completely different.