10,000 contracts is not much, at least for Wang Nuo's speculative style, it is not much at all.

Moreover, Su Huanzhang has given Wang Nuo a lot of support, and the company does not require Wang Nuo to set leverage on foreign exchange trading.

If you want 10,000 contracts, you need to take the face value of one billion US dollars, normally you have to set leverage, and then lock in a part of the funds, and when the loss margin touches the margin, you have to close the position strongly.

Tyrone International let Wang Nuo not have to set leverage, take a billion face value, there is a 100 million in the account, then when the reverse fluctuation of 10% will lose money, the same reason, if the position is raised, to the 2 billion face value, that is, the reverse fluctuation of 5% will lose money, the company does not need Wang Nuo to set leverage, but can control the risk from the total position, that is, there is a limit on the total position.

The benefits of having a platform as a backing are not only this, although Tyrone International is small, but in terms of transaction data acquisition, it can still give Wang Nuo corresponding help, and the trading department will try to help Wang Nuo determine the current market situation.

For example, customer A shorted the yen and operated in the opposite direction with Wang Nuo, Tyrone International tried not to trade through the World Financial Exchange platform, but found other channels to smooth out the position, and customer B was bullish on the yen, so he took this list and threw it to the World Financial Exchange platform to test the instantaneous throughput of the current market, which roughly has a little bit of data advantage.

Wang Nuo's 10,000 hands are not said to be thrown out in an instant, the group of thieves in the trading department, of course, they want to see the market trend, and they also cut in directly to try to obtain more data.

So......

"Wang, I want to remind you that the market is now almost instantaneously swallowing up the yen-related orders. Green was listening to the quotation of the trading department, and his eyes moved to Wang Nuo and explained: "Speculation is very high. ”

"And there is almost no deviation between the official exchange rate and the market exchange rate. Jonas added, "So we can be sure that the energy is starting to erupt in this area." ”

Wang Nuo didn't understand it at first, but he quickly thought through the problem.

There are various ways to form exchange rates, and even different platforms have different exchange rates, and different financial products may use different exchange rates, but they can mainly be divided into official exchange rates and market exchange rates.

At a certain time, minute and second, the Japanese authorities announced that the US dollar against the yen is 117, which is the official exchange rate, and the exchange rate on the World Financial Exchange platform may be 116.99, which is largely representative of the market exchange rate.

The list was swallowed up almost instantly, and the exchange rate fluctuated steadily in a narrow range almost instantly, which means that ...... Speculation is high.

How many people and funds are there in the world? The answer is that it is almost impossible to calculate, a large number of orders are thrown to different brokerage platforms, converged to the platform of the World Financial Exchange, and because of the price difference of these orders, there is arbitrage space, and each platform may also trade, hedge, and make some hard-earned money through different channels, which directly pushes up the trading volume.

From any point of view, the volume and energy of the foreign exchange market are almost incalculable, but that is only for retail investors, who like speculation, high-frequency trading, and investment teams with large funds have experience in extrapolating transaction data.

There are 3,600 seconds in an hour, no matter how big the market is, it is impossible for every second to be enough to swallow hundreds of millions of orders, sometimes there is a delay of one or two seconds, sometimes it is longer and shorter, and sometimes there will be a minute-level delay by bypassing the World Financial Exchange.

There are many ways and varieties of foreign exchange trading, even if it is a total of trillions, it is distributed to almost all-weather trading, almost all currencies, when their strength reaches a certain level, they actually have the qualifications to participate in data collection.

No delay, in the eyes of the experienced investors of Green Corner, represents ...... Speculation is high, which means that the market is seriously divergent about the exchange rate, and it means that risks and returns coexist.

From this point of view, Wang Nuo is not wrong in his analysis, he did choose to cut at the "intersection" like many people, and even ...... There may still be a main force eating these lists.

There is leverage in foreign exchange, but leverage will eventually be reflected in the real market, Tyrone International takes a position, not according to the margin, it is directly according to the face value to try to flatten, there is a billion dollars of bullish positions, you must find a billion dollars of put positions to complete the transaction, if you can't find the same way, they can be...... It is possible to enter a real exchange procedure, such as an interbank market.

No one knows where the position comes from, because there are various ways, no one knows who threw the list, because there are too many investors, but the clever thing is that the position in the real market will eventually expose the main figure, which institution is engaged in wind and rain, in fact, there are traces to follow.

There is no need to wait for the American market to close, not long after Wang Nuo finished his position, the market began to be filled with information that seemed to be true and false.

"The arbitrage model in the era of negative interest rates is coming. ”

"The People's Bank of China increased its holdings of yen government bonds, suspected of arbitrage, and the increase in holdings on the day may exceed 2 billion US dollars. ”

"A number of institutions have reminded clients of the risk of yen depreciation. ”

From the perspective of information, the operation of institutional entry is actually very simple, arbitrage.

In addition to the People's Bank of China, PMICO, Huiyin, and several major participants in the Japanese financial market in the Middle East have appeared on the list of increasing their holdings of yen government bonds.

As for the rhetoric that reminded the market of the risk of a depreciation of the yen...... In fact, Japan itself roared the loudest, meaning nothing more than this: depreciation has a profit, everyone come together.

The information and data on the surface of the market almost completely confirmed Wang Nuo's main analysis direction in the early stage, and it can be said that at this moment, Wang Nuo has an advantage in his hands.

But...... Not enough to determine the winner.

An investment team like Green Corner can't see the short-term trend, and in the view of Green and others, the market at this moment is full of too many variables, and speculation is very risky.

"Speculative money is the equivalent of betting on ...... Who will win. Wang Nuo also had an understanding in his heart.

Speculation is a risk, but speculation with a big winning surface becomes an investment, Wang Nuo thinks that his winning surface is quite large, and he still doesn't know what the middle line is, and the short-term ...... Bullish.

Whether the long institutions can withstand the impact of the yen has become a point of victory and defeat at this time.

Up to now, people who know Wang Nuo's investment plan are still stable, in fact, everyone feels that what is stable is the extremely high rate of return in the early stage and the relatively stable position control now, in short, it is impossible to lose the early income in the current model.

The time period of worry has passed, and at this moment, as long as it is a qualified financial elite, there is only one thought in their hearts, to use their knowledge of the market to formulate investment strategies and wait for market changes.

Wang Nuo and Green Corner are inclined to think that there will be a period of sideways volatility in the future, but what they didn't expect was that after the 10th shock closed, the 11th and 12th yen exchange rates broke through 119 from the area infinitely close to 117, a decline of more than 1.7%, and the arbitrage space and various exposures ...... There is no trend of reduction.

The curtain was opened, and the intensity was too great.