602. Two tens of billions of dollars is a complete loss!
Seeing that the long position of 2 million pounds/Canadian dollars finally flattened, the corners of Chen Hui's mouth couldn't help but curl, a little excited.
After all, another $14.4 billion has been put in the pocket, which makes Chen Hui very down-to-earth and comfortable.
Previously, Chen Hui closed his long positions of 100 AUD/CAD, 1 million CHF/CAD, and 2 million EUR/CAD, and made profits of $3 billion, $4.3 billion, and $9 billion, respectively, for a total of $16.3 billion.
Combined with the $14.4 billion he gained by closing the long position of £2 million/CAD, Chen Hui has already pocketed $30.7 billion.
Soon after Chen Hui finished leveling the GBP/CAD, it was 8 o'clock in the evening! The American market began, and at this time, British Prime Minister 'Karen' gave another speech, which suddenly made the pound change greatly!
In less than 15 minutes, GBP/CAD plummeted by 150 pips!
"Grandma's, it's good that my brother runs fast, otherwise this plunge will be difficult for me to close my position, and a plunge of 150 points means that I will lose $3 billion in profits!"
Chen Hui glanced at the trend of GBP/CAD with a smile, and then turned off the trend chart of GBP/CAD, and he didn't have to care about how GBP/CAD would go in the future!
At the moment, London, England.
Oceanood Capital Managemen, a hedge fund with $7 billion under management, looked a little gloomy in the trading room, just now when they were in the speech of British Prime Minister 'Karen', they closed a lot of long positions in GBP/CAD, I didn't expect the market to be so vulnerable, plummeted so many points, causing them to lose serious paper profits!
Suddenly scolded Prime Minister 'Karen' in his heart!
"Just now, when the pound was rising, we should have closed our positions!"
"Alas, missed the best opportunity to close the position!"
"yes, I didn't expect the 'Karen' to pop up again!"
"After this round of speeches, the pound has fallen by so many points!"
··“ FUCK!!”
Brevan Hoard Asset Management, a hedge fund with $6.5 billion under management, slammed the table with traders in the trading room!
"I didn't expect it to cause a chain reaction!
"Alas, we just locked up the position!"
"Damn!!"
“FUCK!”
"This 'Karen' is really a cannon mouth king!"
Sloane Robinson, a $9 billion hedge fund under management, has just woken up from its stunned trading division.
Looking nervously at the GBP/CAD chart, all the GBP/CAD long positions they had just added were hedged, and the GBP currency plummeted because of Prime Minister Karen's major speech!
"Do you still add to your position?"
"Why not!"
"Continue to increase positions and long the British pound!"
“FUCK!”
Suddenly, everyone began to pound on the keyboard!
Lloyds Bank Group, a world giant bank with $1.2 trillion in assets, had a revenue of $85 billion in 2013 and a net profit of $1.3 billion, with an overall loss of $1.3 billion!
In the trading department, the first class of people looked at the market trend of the British pound currency exchange and collapsed! They never expected that they would be trapped in the currency exchange of the British pound/Canadian dollar, and they had already scolded the prime minister 'Karen' in their hearts!
"This bastard!!FUCK," a trader scolds as he hammers his desk
"You shouldn't have just pulled up the GBP/CAD pair when the UK economic data was good!"
"yes, I didn't expect GBP/CAD to be so vulnerable!, GBP/CAD didn't fall much, but GBP/CAD fell by 150 pips!
"Damn 'Karen', I really don't like him at all!"
······
At this moment, Xiangjiang, Standard Chartered Building, the chairman's office, Chen Hui quietly looked at the trend chart of USD/CAD.
Chen Hui still has a long position of 5 million lots of USD/CAD in his account!
Today's sharp rise in the pound and the sharp rise in the euro caused the dollar index to fall, causing the dollar to weaken, but the USD/CAD still rose a lot and is now at the 1.1150 level.
After another 10 minutes, USD/CAD rose by 10 pips and reached the level of 1.1160. At the moment, its trading volume is slowly expanding, and the speed of fluctuations is also increasing.
Chen Hui looked at its chart and continued to tap lightly on the table, without the slightest appearance of closing the position.
After another 10 minutes or so, the USD/CAD rose to the 1.1170 level, Chen Hui knocked down the table vigorously, then poured himself a cup of panda tea, and slowly tasted it.
Today's long position of 5 million contracts in USD/CAD is opened at an average of 1.0870, with a total floating profit of 300 pips, totaling $15 billion.
···
At this time, in the office of the chief president of Lukefield Asset Management Company, Dai Yan looked at the USD/CAD chart with a gloomy face, and now the account of their foreign exchange department has been liquidated and forced to close by the world's big banks. The $6 billion in margin they left in the major banks has also been lost, but their positions are still not closed!
They're going to keep adding billions of dollars to it!
Previously, their long position of $6 million / CAD was opened at the average position of 1.0800, and when the USD/CAD broke through the 1.1033 position, they had already liquidated their positions, and the major banks in the world found an opportunity to force them to close their positions as well!
Fortunately, the dollar index has fallen a lot today due to the sharp rise in the euro and the pound, and the dollar is also weakening, so the USD/CAD has not risen by many points!
But at this moment, the USD/CAD once again fluctuated, and Dai Yan's heart hung again.
This time, the $20 billion has also been completely lost, but fortunately, there is already a scapegoat! Moreover, their earnings statement for last year has not yet been released to the public, so there is room for maneuver!
Dai Yan took a deep breath and said secretly in his heart: "Although the company lost $20 billion this time, fortunately, the company also made a profit of $20 billion last year, which can completely offset more than 90% of the loss! Hehe, when the time comes, just make last year's performance statement unprofitable! Customers will not redeem a large amount of funds!"
"There are billions of dollars in holes now, and it's nothing! Just tear down the east and make up for the west! Earn it back this year!"
Suddenly something came to him!
Dai Yan said secretly: "The reason why the company is not profitable is because Danny, the head of the foreign exchange department, has caused huge losses due to illegal operations! It has nothing to do with me, hehe, my dear Danny, you are well gone, I wish you a happy life in heaven!"