464. Direct Liquidation!!
At this time, Yasuda Jiro slowly got up, pulled his black collar, and under the curious, sluggish, and blank eyes of everyone, he slowly walked to the window, poked his head out to look outside, and then turned to look at everyone and said: "We still hold a total of 15 million lots of USD/JPY long positions, when the plunge, we didn't react, and we didn't dare to close the position, we sold the 15 million lots of USD/JPY long positions, will make USD/ The yen plummets even more, and then we will lose nothing in our account! Maybe the account will become negative!"
Now Jiro Yasuda is the only one in the team to short USD/JPY, and he has a profit of $275 million in his account at the moment.
He looked at the silent, silent, and overwhelmed crowd, Yasuda Jiro sneered in his heart, and slowly reminded: "The average opening point of our long position holding 15 million lots of USD/JPY is at the 106.200 position, and now the USD/JPY has fallen to the 103.250 position, and we have a total of 295 points floating in our account at the moment, which is a total of 44.25 billion US dollars!" We now have only $750 million left in our account, and we're about to blow it out!"
Their total capital is $60 billion, but they spent $15 billion in margin to open a position, and they lost $442.5, which means that the available funds are now less than $750 million, and if USD/JPY falls by another 5 points, they will completely blow up!
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"It's about to blow up!!" suddenly echoed in everyone's minds, everyone felt that their heads were buzzing, a burst of dizziness hit their minds, and the whole person looked sluggish, as if they were exhausted after taking aphrodisiacs many times in a row.
Watanabe fainted and fell unconscious.
Murai just struggled to stand up, but when he heard that he was about to liquidate, he suddenly lost his strength again, and immediately knelt on the ground again, his face extremely painful·····
The rest of the bank representatives, like Murai, suddenly lost their strength and fell to their knees one after another, as if they were repenting and asking for forgiveness from heaven.
A total of five people knelt on the ground one after another.
···· Yasuda Jiro looked at the bank representatives who knelt down for five times, sneered at the corner of his mouth, and said secretly: "The cowardly weak committed suicide, and the person who was stubborn and stubborn knelt on the ground to repent!"
Thinking of this, Jiro Yasuda thought of the big short again, "That guy is going to make at least $50 billion this time!!"
··········
All the traders sat in their positions weakly, and some patted their heads, scolding themselves from time to time.
Someone hung his head deeply and remained silent.
Someone covered his face and hid his pain,
Someone pounded his forehead, looking like he regretted it.
Some people wiped the corners of their eyes and wept bitterly.
Some people bury their heads deeply and hide their emotions.
···········
The whole trading room was filled with an atmosphere of sadness, despair, pain, misery, and frustration·······
At this moment, in Kuala Lumpur, Malaysia, in a luxury building, Chen Zhennan and Lin Hanrong looked at the USD/JPY trend chart in despair.
Lin Zhennan's National Investment Company of Malaysia, this time a total of 4 million long positions in USD/JPY, the average position of the position was around 106.500, before the dive they had lost more than 2 billion US dollars, and then the moment the USD/JPY dived 200 points, their account instantly lost 8 billion US dollars again, a total loss of 10 billion US dollars, their account directly exploded, the ashes were annihilated, and their accounts became negative at this moment!
The National Investment Corporation of Malaysia has $7 billion in liquid cash, which was invested by $6 billion in the first place, and then borrowed $1 billion from banks for a short period of time, which adds up to a total of $7 billion, but it is not enough to offset the losses caused by the dollar/yen dive. At that moment, their account equity was negative $3 billion.
But the matter is not completely over, when the banks forced them to close their positions, USD/JPY is still falling, the negative value of their accounts is still increasing, and now USD/JPY has fallen to the 103.250 position, from the 104.000 position by another 75 points, their long position of 4 million lots, just closed 1 million lots, and the average closing position of the 1 million long positions closed is at the 103.500 position.
There are still 3 million lots left to close, and at the moment the negative value in the account has increased by $2.75 billion again, and now the negative value in the account is as high as $5.75 billion.
Chen Zhennan was trembling at the moment, and the whole person was extremely frightened to see that the negative value in the account had become 5.75 billion US dollars, and there were still 3 million positions that had not been closed at this moment, and the losses were further expanding!
···· At this moment, Lin Hanrong is not much better, their Malaysian private enterprise pension fund, like the Malaysian National Investment Corporation, is also long 4 million USD/JPY long positions, the average position of the position is also at 106.500, and when it has not dived, it is also a floating loss of more than 2 billion US dollars, and the moment USD/JPY dives to the 104.000 position, they are also liquidated! The instant loss is as high as 8 billion US dollars, which is a total of 10 billion US dollars.
At the moment, their account is also negative! Their Malaysian private enterprise pension fund has a total of $8 billion in liquid cash, which was invested by $6 billion in the past, and then borrowed $1 billion from the bank in the short term to cover the position, which adds up to a total of $7 billion, but it is not enough to offset the previous loss of $10 billion, and their account net value is also negative $3 billion.
Now that USD/JPY has fallen to the 103.250 level, their Malaysian private enterprise pension fund, like the National Investment Corporation of Malaysia, has lost more losses, but they are even more miserable, their positions have only been closed by 100,000 lots! The average closing position of these 100,000 lots is at 104.000, because there is no buying in the market to take over their selling orders, and they still hold 3.9 million contracts of US dollars/ The long position of the yen, at the moment their account is negative at nearly $8 billion, compared to the National Investment Corporation, their pension fund is very unlucky!
And the losses are still expanding! The negative value in the account is not known how much money they will lose when they close the 3.9 million long orders!
Lin Hanrong didn't know how to explain to the public at the moment! He regretted it very much, why did he promise those fools! At that time, he lost two billion dollars, so he should have stopped his losses early and cut his meat!
"How should the pension be paid this time!!!