bullyxtreme Chapter 186 Nikkei Stock Index Futures
Chapter 186 Nikkei Stock Index Futures
Qian Ning looked at the funds in the account and looked at Yang Mo blankly: "Are we coming to London to rob a bank? How come there is so much money?"
"Actually, it's similar to robbing a bank. For those designated trading banks in the City of London, the losses this time are probably not much better than being robbed..." Yang Mo chuckled.
"Mr. Yang, do we want to make another move in the foreign exchange market?" Qian Ning said excitedly.
After Yang Mo glared at Qian Ning, he warned: "The financial market is actually similar to gambling. The most taboo thing is greed! As an engineering student, wouldn't you get killed by going to the stock market or foreign exchange market?"
Qian Ning said unconvinced: "Mr. Yang, you are underestimating our Zhiyuan International. Although I am not a finance major, Christian and Nicole are both top students from prestigious finance schools!"
"Who are Christian and Nicole? Which prestigious financial school?" Yang Mo asked in surprise.
"Christian is the general manager of our Zhiyuan Investment Company. He is from Munich and graduated from New York University. We specially recruited him from Wall Street. Nicole graduated from the Business School of the University of Mannheim. Both of them also participated in the London currency market this time. The transaction..." Qian Ning said proudly.
"How did they perform in this transaction? Are you impressed by our magic operation?" Yang Mo joked.
"Are you telling the truth?" Qian Ning had a smirk on his face.
"Of course! A person who does big things needs to be able to hear different opinions..." Yang Mo said.
"That Christian initially commented on the trading instructions you sent as being arbitrary and illogical, and the worst trader he had ever seen... A month later, he said that the Orientals were too cunning, that's all. The amount of funds is still hidden, deliberately hiding his trading intentions, and has never seen the world..." Qian Ning finally had a chance to disparage his boss, although it was through someone else's mouth!
"What about Nicole? Is she a girl?" Yang Mo continued to ask without any displeasure.
"Yes, Nicole is a typical German girl. She never makes any comments on your buying orders, but faithfully executes them. However, she will mark risk warnings in her trading record book every day!" Qian Ning answered seriously. road.
"It's interesting. It just so happens that Zhiyuan International's $10 billion hedging contract with Deutsche Bank is about to expire. If you transfer the money in, after settlement, according to the current exchange rate of USD to DM 1:2.7, the profit should be 9 million Mark, this money will be temporarily left in Deutsche Bank's foreign exchange trading account to continue trading, and the trading direction is still to buy Japanese yen and Mark one-year forward contracts!" Yang Mo said after pondering for a moment.
"Mr. Yang, is it not good to hand over such a large amount of funds to two young people all at once?" Qian Ning said with concern.
Yang Mo thought for a while and then said: "You are right to worry. The risk in the foreign exchange market is indeed very high. Let's do this! Leave 1-2 million marks in the trading account and give it to Christian. It depends on his luck. The rest Funds have temporarily entered the Frankfurt securities market, focusing on the medical devices, biopharmaceuticals, precision manufacturing, and optical instrument sectors to see if there are any opportunities to acquire these types of companies..."
Yang Mo had separate conversations with Nicole and Christian respectively, and with Nicole's consent, decided to take her away from Zhiyuan International.
Yang Mo needs a subordinate who can strictly implement his trading instructions and be proficient in various trading rules of Western securities markets, and Nicole is undoubtedly the best candidate.
Yang Mo did not fly back to Tokyo, but flew to Singapore with Lin Xi and Nicole.
Singapore International Monetary Exchange.
It only took Nicole half an hour to open a futures trading account for one of Zhiyuan's affiliated investment companies.
Lin Xi and Yang Mo followed suit and each opened an investment company account. In order not to attract attention, the opening of the futures account of the affiliated investment company had to wait for the arrival of Lin Guohua and the staff from Xiangjiang Zongheng Investment Headquarters.
Chen Yiu Ming is a broker who has just joined the SGX for a few months. He is also the "red vest" commonly seen in movies and TV series.
Seeing Yang Mo walking into the hall, he enthusiastically introduced various futures products.
Yang Mo pointed to the Nikkei 225 Index futures on the blackboard in the hall and asked, pretending to be confused: "How do you play with this index futures?"
Chen Yaoming introduced: "This is the Nikkei 225 Index futures that has just been launched by our SGX. After the contract expires, the Tokyo Stock Exchange 225 real-time stock index will be used as the basis for settlement. It has become the most popular futures on the SGX as soon as it was launched. Variety."
"How to play it specifically?" Yang Mo asked.
"Nikkei 225 Index futures are divided into three forward contract types: June, September, and December. One contract is 6, the capital leverage is 9, the minimum change unit is 12, the profit and loss point value of one lot is 10000 yen, and the minimum transaction The amount is 100 lots..." Chen Yaoming introduced patiently.
Yang Mo thought for a while and then said casually: "Help me buy 200 lots of September contracts first. I'll buy them to go up..."
"Sir, are you sure you want to buy 200 lots of September contracts?" Chen Yaoming asked in surprise.
"What? Isn't it possible?" Yang Mo looked a little unhappy.
"Sir! Of course you can. The Nikkei 225 Index futures listing price today is 13500 points. The margin for each contract is 135 million yen. The margin for 200 contracts requires a total of 2 million yen. And for 7 contracts, the Nikkei Every time the index fluctuates by 200 points, the profit or loss of your account is 5 million yen..." Chen Yaoming explained.
Yang Mo looked at the young man in front of him with interest. Was he still thinking about the safety of his clients' funds?Don't want to earn commission?
"Sir, are you still sure you want to buy it?" Chen Yaoming asked cautiously.
"Of course I'll buy it! Why would I come to the exchange if you don't want to buy it?" Yang Mo looked like he had a lot of money.
"Sir, please come with me!" Chen Yaoming said with a smile.
The 200 long orders Yang Mo bought were soon taken over by opponents who were short on the Nikkei 225 Index futures.
Not long after, another 50-lot March short order was posted on the blackboard, and Yang Mo took the 3-lot short order without hesitation!
Chen Yaoming was about to dissuade him, but Yang Mo waved his hand and said, "I came to Singapore for a trip and don't have much time to stay here. Please help me quickly!"
That night, a rumor spread among the staff and investors of the Singapore International Financial Exchange: "A rich second generation appeared out of nowhere. Can't you just have a good trip? You have to play futures! You don't understand anything." , just dare to buy hundreds of Nikkei 225 Index futures contracts, just like a stupid upstart with a lot of money..."