Chapter 182: Short-Frequency Trading

"The September futures contract, the three large orders that appeared at 10,995 points, the timing of the choice is very good, this is a matter of no choice." In the trading department of He's Securities, the middle-aged man sitting in front of the computer narrowed his eyes slightly, not out of shirking responsibility.

"We invested in the September futures index, not only did we not have time to cash in, but even the stocks in the real estate sector also threw out a lot of chips, what should we do now?" The man in the shirt hesitated and asked the middle-aged man.

"The disk has been put up, what else can be done, first observe whether there is a follow-up linkage, the September futures index and the Hang Seng Index spot is not the most critical, the important thing is our short order on the October futures index. Now it seems that the rally in October futures has been relatively weak, and the rise has lagged significantly behind the September contract, and it is not yet time for you to panic. "The middle-aged man doesn't speak fast.

"The September futures index was blocked near 11,090 points." The girl trader reminded the middle-aged man.

"In ten minutes, from 10,995 points to nearly 100 points, this rate and increase are already very high, do you still think that it can continue to rise?" Although the middle-aged man didn't care, his eyes were staring deeply at the current transaction of the September futures index.

"Although it is quite secretive, it seems to be distributing positions, and the trading volume has been amplified to a certain extent near 11,085 points in the September futures index." Finding that the three or five hundred transactions in September were concentrated, the man surnamed Wang was slightly surprised.

"Is it just a short stir-fry? However, looking at the highs and lows of the time, this fund is obviously in place for the grasp of the market. The middle-aged man's face gradually became less and less good-looking.

"With the current September futures contract, the distribution of 300 or 500 contracts seems to be difficult to distribute all at once near 11,085 points." The man surnamed Wang was a little puzzled, and the actual intention of the impact on the September futures index funds.

"Wang Bo, you are wrong, judging from the sharp rebound of the first wave of the September futures index, the other party is not going to distribute the first wave of rebound highs, and the remaining part of the position is waiting for the second wave to rebound again, conservatively calculated, the profit of this stock of funds in just ten minutes is already very rich, it is estimated that when the September futures index is 10995 points, the number of long positions opened by this share of funds is at least 14,000." The middle-aged man said with a frown.

"Our He Securities has been busy all morning, but we have been exploited by this fund, can we just watch the other party retreat calmly?" The female trader was a little unwilling.

"What else do you want? Do you want to fight to the death with this fund? The middle-aged man's eyes suddenly widened and he looked at the girl trader as if he were looking at an idiot.

"It's good to retreat if you get a good profit, I'm afraid that this capital will keep chasing us, and if it pulls another wave of rebound, we will be very uncomfortable." The man in the shirt obviously wants to make a big deal small, and he doesn't want to cause more trouble.

"Get ready, I have a hunch that this fund will definitely not go away after getting the sweetness, and there will definitely be follow-up operations." The middle-aged man's statement seems to be very cautious.

"Mr. Xiao He, now that the operation of our side has been interrupted by a sudden situation, do you want to tell the chairman?" The man in the shirt asked worriedly.

"No need, I won't be negligent anymore, besides, after the chairman has a meeting, he will naturally come over and see it." The middle-aged man said with a straight face.

Just when middle-aged people were secretly speculating about the origin of the sudden outpouring of funds in September, Chang Xufa and Luo Hong had already begun to close their positions in the proprietary department of Tatfook Bank.

"Boss, no, not only the September futures contract, but also the Hang Seng Index spot has begun to adjust, and we are near 11085 points in the September futures index, and it is difficult to close all the long positions." Luo Hong, who was closing the position, quickly said to Zheng Fan.

"How much has it been flattened?"

Zheng Fan, who was observing the spot trend of the Hang Seng Index, asked the thick-lipped woman lightly.

"The 14,500 long positions have closed 6,500 contracts at 11,085 points in the September futures contract, leaving 8,000 contracts." Luo Hong looked a little struggling.

"Since it's down, let's stop for a while and see if there is any pressure in the September futures index." Zheng Fan's expression was blank, so that people couldn't see what they were thinking.

"The pressure is not heavy, the September futures contract just broke through 11,080 points, once we close the position here, there is not much active selling pressure in the market." Chang Xufa responded to Zheng Fan.

"Since there is less active selling pressure, it means that the market has the need to continue to rebound, and we have the remaining long positions in the September contract, which will wait for 11,090 points, and then flat when the second wave of rebound is initially confirmed. Zheng Fan looked at the time and said to Luo Hong and Chang Xu.

"These two traders are okay, but with this capital monster, they can only be reduced to the role of the huge self-operated department, this operation is estimated to be the first battle after he came to Hong Kong, no wonder he attaches so much importance to it, and the operation seems to be much more active than when he was in China." Wang Lin thought to herself, but she didn't expect Zheng Fan to choose to close the position ten minutes after entering the market.

In Wang Lin's impression, when Zheng Fan operated plywood futures before, he rarely did short-term trading, at least on the surface, he was quite lazy.

"Boss, after the September contract weakened the selling pressure, it really rose again, and the Hang Seng Index spot also pulled out a second wave of rebound." Ji Keying's offer is a lot more positive.

"Stabilize and let the futures index and the spot index pull again."

Zheng Fan kept an eye on the trading volume of the Hang Seng Index spot, and pressed Luo Hong and Chang Lao Dao with one hand.

"The September futures contract has passed 11,095 points, and the momentum does not seem to be weak." Because Zheng Fan looked at the relationship between the spot of the Hang Seng Index, Ji Keying only reported the order of the September contract, which is also related to the substantive interests of the proprietary department of Tatfook Bank.

"The buying orders of the futures index have come up a little, and the rise of the market is also very decisive." Chang Xufa said with a little excitement.

"To close a position, don't wait at a price, take the initiative to ask the price down." Zheng Fan found that the spot trading volume of the Hang Seng Index was not effectively amplified, and hurriedly issued trading instructions to the two traders.

"For the September futures contract, 1,000 contracts were closed at 11,095 points, and 1,000 long positions were closed at 11,093 points." Chang Xufa, who had been prepared for a long time, took the lead in making two closing orders.

"11090 points tied with 800 ......"

As Luo Hong continued to operate, the contract of the September futures index had been blocked in just four or five seconds for the second wave of upward attack.

Suddenly, while Chang Lao and Luo Hong were working on a large sum of money, Wang Lin and others could even see that the September futures index contract was obviously in a state of consolidation.

"It seems that the market has strong expectations for the second wave of rebound, although the second wave of the September futures index rebound was blocked, but it did not immediately go down, and our side closed the position very smoothly." Luo Hong, who placed an order quickly, finally showed a smile.

"You can't let the September contract go up, and the last one to close the position should be bigger, more urgent, give up a few points, and the contract must be knocked out." Zheng Fan's statement made Chang Xufa worry.

"At 11,080 points, 2,000 lots were closed, and the September contract was pressed." Luo Hong closed the last futures index position of the proprietary department of Tatfook Bank and continued to withdraw funds.

"All the deals, the operation took less than 20 minutes, we opened a long position in the September futures index, the cost was 10,998 points, and the average point of closing the position was 11,088 points, and we really ate a full 90 points of profit." Chang Xufa's old face showed excitement, and he didn't seem to believe it was true.

"With such a large base of HSI futures, there is a rise of less than 100 points, what are you excited about, keep an eye on the disk, now is not the time to relax." Zheng Fan's expression was calm, obviously not intending to stop there.

"Every point of HSI futures is equivalent to 50 Hong Kong dollars, right?"

Ye Qian performed the duties of the chief financial officer and has already begun to settle accounts in the United States.

"If one point is 50 Hong Kong dollars, our long position of 14,500 contracts has risen by 90 points, and then multiplied by 50 Hong Kong dollars, wouldn't the net profit be 65,250,000 Hong Kong dollars!" Qin Yan was surprised, not simply because of the large profits, but because the time of this operation was really short enough.

"The acquisition of Dafu Bank has cost 100 million US dollars, although the Bella family has added 100 million Hong Kong dollars to the bank's cash flow before leaving, but the acquisition of such a large amount of funds is still painful, and it only takes more than 60 million Hong Kong dollars to return after one operation? It's really skinny enough! Zheng Fan pursed his lips, not looking too satisfied.

"Do you still want to earn back all the funds from the acquisition of Dafu Bank all at once?" Qin Yan smiled and glanced at Zheng Fan.

"The volume of Hong Kong's capital market is really large, and it seems that it has not had any substantial impact on the market if it is not too fast to open a position and operate in an orderly and gradual manner." Wang Lin sighed secretly.

"Counting the funds of the previous self-operated department, after this operation, the total amount of funds has reached more than 588 million Hong Kong dollars." Ye Qian reported the amount of funds for the first time.

"There is still half an hour to close in the morning, the September futures index turned down, the Hang Seng Index was also dragged down, the second wave of rebound died, if it goes down like this, it is estimated that it will continue to look lower." The woman, Luo Hong, could never have imagined that the first operation of Dafu Bank would come so suddenly and in such a short time.

"Ready to enter."

Zheng Fan's faint smile even caught everyone in the self-management department off guard, and they couldn't keep up with his rhythm at all.

"The Hang Seng Index spot index and the September futures index, after the failure of the second wave of rebound, did fall relatively fast, and even saw a small dive." Ji Keying hurriedly said loudly.

"With such a short frequency, won't there be any problems? The repeated entry of large funds is easy for people to catch the tail. "The ultra-short frequency futures operation, Luo Hong has not seen it, but it is mostly for small funds.

In Luo Hong's view, Zheng Fan is completely speculating on the limit of big funds.

"The capital market is not easy to mix, it is precisely because of weakness that it is necessary to show my muscles, tell others that I am strong, if I don't do short-term trading, it will soon be because there is no follow-up capital investment, exposing our weakness of insufficient funds." Zheng Fan grinned, revealing a mouthful of neat white teeth.

(The second update will be sent.) )