Chapter 0610 - Pick a soft persimmon and pinch it!
And once the currencies of those countries appreciate sharply, the five major investment banks on Wall Street without the Rothschild Bank stock as an umbrella will inevitably suffer heavy losses, which is a scene that the five major investment banks categorically do not want to see!
In the same way, as Qiao Tianyu and the opponent of the five major investment banks on Wall Street, Yamaki Kobayashiro, as long as he can seize the golden opportunity of exposing the risk positions of the five major investment banks on Wall Street, it is even more convenient to collapse the five major investment banks on Wall Street.
Some people may ask, didn't the five major investment banks on Wall Street short hundreds of billions of dollars in currency, as for the collapse?
The answer is yes, and very much!
You must know that the biggest difference between "short" and "long" is that the loss of "long" is limited, while the loss of "short" is bottomless and unlimited.
In fact, this is not difficult to understand, in layman's terms, "long" is to buy a certain amount of a certain security, so the largest loss is that the securities bought are worthless to the end, so the loss of "long" is limited.
But "shorting" is not the case, after all, "shorting" is to borrow securities first and then sell them and then buy them back, if the price of the securities suddenly rises sharply after selling, and rises to the sky.
As soon as the agreed return date arrives, no matter how high the price of the security rises, the short seller must repurchase the security and return it to others.
There is no upper limit to the upside of the price of a security, to take an extreme example.
If a certain security is sold for one dollar at the beginning, and when it is finally bought, it is 10,000 yuan per share, or even 100,000 yuan per share, then the loss of the short seller is as high as tens of thousands of times, or even 100,000 times!
This is naturally a burden that the short seller cannot bear, and when the time comes, in order to repurchase the securities, the short seller will only have the share of ruined family!
Therefore, shorting is definitely not a fun thing, and the risk of shorting is infinite, which can be regarded as one of the most dangerous jobs in the world.
Except for those financial vultures who don't want to die, I'm afraid no one dares to play such a high-risk job, not even those investment banks on Wall Street!
This time, the risk positions exposed by the five major investment banks on Wall Street are precisely caused by shorting the currencies of various countries, and the risks faced by the five major investment banks on Wall Street will also be infinite.
Similarly, this time Yamaki Kobayashi Lang caught it, and that's exactly that!
As long as Yamaki Kobayashi exerts his strength in the international foreign exchange market and uses his huge trading funds to push up the currency value of those countries, the five major investment banks on Wall Street will inevitably blow up their positions and suffer heavy losses, and even embark on the road of no return!
Isn't it nice to think of this? It's exciting? It's exciting?
In fact, if this matter is put on an ordinary trader, encountering this once-in-a-lifetime opportunity, seeing the opponent exposing such an obvious loophole, he will definitely show his fierce fangs, and he will not hesitate to pounce on it, and take advantage of the fire to rob the opponent to the west.
However, who is Yamaki Kobayashilang, he is the originator of the dignified Yin faction's trading techniques!
As explained earlier, the biggest feature of the Yin faction's trading methods is that they are heavy and suspicious on weekdays, and they are the best at playing conspiracy and tricks.
However, they are used to intrigues and tricks, so that these Yin faction traders are also the most careful to beware of their opponents' intrigues when trading.
Especially this time, given that his opponent is the famous and extremely difficult Qiao Tianyu to deal with, Yamaki Kobayashi Lang doesn't believe that Qiao Tianyu will let such an obvious loophole go unasked, which is a bit too different from Qiao Tianyu's level!
Therefore, Yamaki Kobayashi Lang was worried that there was fraud in it, so he didn't dare to attack on all fronts, but kept an extra eye and tried the water first.
If you want to test the water, it is natural to pick the softest persimmon to pinch, and there is no doubt that the weakest of the five major investment banks on Wall Street is Bear Stearns, which ranks fifth.
And it just so happens that this time Bear Stearns is shorting the Italian lira, which is the weakest in the G7.
Weak and weak, then there is nothing to say, Yamaki Kobayashi immediately made a decision, first take Bear Stearns and the Italian lira!
"Daiichi Bank of Tokyo seat, international foreign exchange market, Italian lira position, 390 billion US dollars, buy!"
"Daiichi Bank of Tokyo seat, Tokyo Stock Exchange, up to 50x leverage, $10 billion, Italian lira call futures, buy!"
Kobayashi Yamaki issued two trading orders in a row, directly using a huge transaction capital of $400 billion, pointing at the Italian lira!
One thing to say, among the many developed countries, it was indeed a wise move for Kobayashi Yamaki to choose Italy.
You must know that although Italy has unexpectedly "blended" into the world's most developed "G7", among the seven most developed countries, Italy has the slowest development rate, the smallest economy, and the smallest total foreign trade.
Trapped by the total volume of foreign import and export trade, the Italian lira is also the smallest currency transaction among all the seven currencies in the international foreign exchange market, with a total daily transaction volume of only 100 billion US dollars.
And this time, Yamaki Kobayashi was very wealthy, and he directly bought $390 billion of Italian lira spot as soon as he came up, and at the same time bought a total of $500 billion of lira call futures in the futures market.
The trading volume of Italian lira of this scale is really rare in a century, and it instantly caused an uproar in the international foreign exchange market, shocking many foreign exchange traders who did not know what to do for a while.
Affected by this, the listed exchange rate of the Italian lira in the international foreign exchange market immediately showed a strong upward trend after a short period of up and down, and it took less than two minutes to soar by 8%!
And with the soaring exchange rate of the Italian lira, Bear Stearns, the fifth-largest investment bank on Wall Street, which had previously shorted the Italian lira, could not sit still.
Because of Qiao Tianyu's erroneous leadership, there is now no "shelter" from Rothschild Bank stocks, and Bear Stearns' short position in the Italian lira is completely exposed.
What made them even more devastated was that under Qiao Tianyu's instructions, Bear Stearns injected all the trading funds into the margin account of the international gold market, and now they are unable to save themselves at all, let alone snap up the Italian lira to close their short positions.
Qiao Tianyu! It's Qiao Tianyu again!
And as the exchange rate of the Italian lira is getting higher and higher, Bear Stearns' losses are also soaring exponentially, which makes the already smallest Bear Stearns want to cry without tears.