Chapter 41

"Sir, please wait a minute. Miss Mary's eager voice came from behind her.

Hearing the movement, Lu Tenglong and He Huanyu stopped and looked at Mary Han who was chasing after them quickly with puzzled faces.

"I'm sorry, sir, can I take the liberty of asking how much you plan to make?" Mary Han looked a little struggling.

"Isn't it impossible for you to do it? Then what's the point of you asking?" Lu Tenglong asked puzzled.

"I can't do it here, but I have a personal friend who works for a brokerage firm that is one of the 14 member firms of the LME and can trade on behalf of clients. Mary Han explained, "But their brokerage company has a rule that the agency transaction amount shall not be less than 100,000 US dollars, and it will charge an agency fee of 18/10,000 of the transaction amount." Receiving this, Mary Han paused, struggled a little, and finally continued, "In addition, I personally need a cash reward of no less than five thousand Hong Kong dollars. ”

"Why should I believe you?" Lu Tenglong was a little amused.

"I can ask them to send the contract by email. Mary Han explained.

"So what?" Lu Tenglong looked at Mary Han with the eyes as if he were looking at a mentally retarded person. Not to mention whether this contract has legal effect, even if there is, the world is far away, and people run away with the money, where can they find someone?

"Huh?" Mary paused, not reacting for a moment. It took her a long time to roughly understand Lu Tenglong's concerns. He smiled and explained, "The company that my friend works for is a very well-known futures trading brokerage company, which enjoys a high reputation in the industry and has a very high reputation value. The contract issued by them can be guaranteed by our side. ”

"So the question is, how do you settle the money? You can't just give me an account, it's impossible. "Lu Tenglong is behaving more and more presentable.

"You can sign a contract with us, and then we will sign a contract with them, which is equivalent to us being the intermediary and guarantor of your contract. We'll settle the money for you. Mary Han replied very quickly, "Now are you relieved, can you tell me how much you need to do?"

Lu Tenglong glanced at He Huanyu meaningfully, and when he saw that he nodded slightly, he stretched out three fingers.

"300,000 US dollars? Yes, you can come here and go through the formalities with me. Mary Han nodded to lead the way. 300,000 US dollars is not a small amount, and it seems that the favor I owe is not big.

"No, no, no, it's not 300,000, it's 3 million!3 million dollars!" Lu Tenglong shook his head and said loudly, "These 3 million US dollars are margins, and I haven't considered the transaction amount yet, but the minimum guarantee starts at 30 million!"

(Futures trading implements a margin system, that is to say, traders only need to pay a small amount of margin when trading futures, generally 5%-10% of the transaction and contract value, and can complete several times or even dozens of times of contract transactions, and this feature of futures trading has attracted a large number of speculators to participate in futures trading.)

Futures trading has the characteristics of investing a large amount of money with a small amount of money, which is vividly called "leverage mechanism". The leverage mechanism of futures trading makes futures trading have the characteristics of high return and high risk. ）

"You, how much do you say?" Mary Han was in a trance, thinking she had heard something.

"Three million margins! 30 million transaction quotas!" Lu Tenglong repeated, "In addition, I hope that the contract will be entered into in the name of Tenglong Fund under my name." ”

"Okay, please come with me. Mary Han didn't even pay attention to herself, she had involuntarily upgraded her address to Lu Tenglong from "you" to "you".

"By the way, are you considering options trading?" Mary Han walked halfway and suddenly remembered something, and turned back to ask Lu Tenglong.

"What's that?" Lu Tenglong's biggest advantage is that he won't pretend to understand, and if there is anything he doesn't understand, he will ask directly.

"An option is an option in which the buyer of an option pays a certain amount of premium to the seller and acquires the right to sell or buy a certain amount of the underlying asset (physical commodity, security or futures contract) at a certain price (strike price) for a certain period of time (i.e., options trading). When the buyer of an option exercises its rights, the seller must perform its obligations in accordance with the provisions of the option contract. Instead, the buyer can waive the right and the buyer will only lose the premium, while the seller earns the premium. In short, the buyer of an option has the right to exercise the option and has no obligation to do so, while the seller of the option only fulfills the obligation of the option.

The price of an option is called the premium. The premium is the fee paid by the buyer of an option to the seller of an option in order to obtain the rights conferred by the option contract. For the option buyer, no matter where the price of wheat futures moves in the future, the maximum loss they may face is only the premium. This feature of options gives traders the ability to control the risk of their investment. The option seller receives the option premium from the buyer in return for taking the market risk. This way your losses will be much lower, but your gains will not be too high. Mary Han explained to Lu Tenglong.

"Well, actually, I don't understand, you can do it yourself. Anyway, you don't have to think about the risk, I just have a transaction limit of 30 million US dollars, how can you help me eat more LME copper, you can operate it. Lu Tenglong won't be able to understand it for a while, and he won't be entangled.

"Okay, I see. Mary Han nodded yes.

"Well, do a good job, I'll seal you a red envelope when I'm done, definitely no less than the 5,000 Hong Kong dollars you want. Lu Tenglong nodded with satisfaction. He found that he liked it more and more, the thief was majestic, the thief was strong.

……

……

When he came out of the Hong Kong City Futures Exchange after completing the formalities, Lu Tenglong was depressed to find that Mary Han was following closely behind.

"What are you doing with us?" Lu Tenglong was a little speechless, "Are you still afraid that I won't be able to escape?"

"No, Lu Sheng. Mary Han already knew Lu Tenglong's name when she went through the formalities just now, "The key is that there is an 8-hour time difference between the British side and our side, and when they open the market, it is night on our side, so I will follow you to inform you of the news as soon as possible." Mary Han explained.

"What should I do that night? Do you still sleep with us?" Lu Tenglong was speechless.

"......" Mary Han gritted her teeth, "I'll naturally go back then!"