"Why do you want to turn to international gold spots?"

Finding that the spot price of gold was similar to that of a futures contract, Wang Lin was a little puzzled by Zheng Fan's instructions.

"The trading volume of futures is still a little smaller, and compared with the trading of spot gold, there are more rules for futures contracts, which are not suitable for current operations." The explanation given by Zheng Fan seems to have reservations.

"The international gold spot price has fallen very quickly, not to mention systemic risks, this wave of decline cannot rule out the factor of human interference." Ruan Yuan always felt that the trend of international gold prices gradually began to become ferocious.

"Calculate the amount of funds in the proprietary department of Tatfook Bank, and how many lots of London gold spot can be opened." Zheng Fan's attention became concentrated and asked the girls.

"If calculated according to the 1:100 leverage ratio of international spot gold, the trading volume of investing in one hand is 100 ounces, that is to say, only need to spend 1 ounce of funds, you can have the right to trade 100 ounces of gold, and now the gold price has reached 279.8 US dollars, and the 143.84 million US dollars of the proprietary department of Tafook Bank can open at least 510,000 lots of spot gold." Ye Qian took a deep breath and said.

Because Dafu Bank originally had the qualification of a gold market maker, the amount of 510,000 lots quoted by Ye Qian was a very conservative estimate, and even covered the liquidation of taxes and electronic commissions.

"The leverage effect of international spot gold is too high, even if it is only invested in 100 million US dollars, you can also operate 10 billion US dollars, from another point of view, each hand of spot gold fluctuations of 1 US dollars, will lead to a loss of 100 US dollars per hand, with the current gold price of 279.8 US dollars, once the funds of the proprietary department of Tatfook Bank enter, the limit risk that can be borne will not exceed 3 US dollars, which is converted into a percentage of gold price fluctuations, which is only 1%." In the process of calculation, Wang Lin's heartbeat was inevitably accelerating.

"On the operation of international spot gold, ready to enter, in the spot contract, but there is no limit to the rise and fall, although its trading characteristics are like futures contracts, but there is a fundamental difference with the futures contract, you must pay attention to the quotation of the electronic disk." Zheng Fan said to Ye Qian and the girls in a deep voice.

"Something must have happened from the London gold futures contract to the sudden shift to international gold spot trading." Wang Lin secretly thought nervously.

"Not only futures contracts, spot gold is also falling, and the spot price has reached $279.5, which has obviously hit a new low in this round of adjustment." In the case of not waiting for the opening of several important indices in the United States, Ruan Yuan is particularly bottomless.

Seeing a huge sell-off in the spot gold electronic disk, the gold price is beating downward, no wonder Wang Lin and her daughters have a lingering sense of risk.

Especially when the gold price changed in advance, Wang Lin could also feel Zheng Fan's kind of trading restlessness.

Just when Wang Lin's daughters were up and down in their hearts, Zheng Fan, who was sitting in front of the computer, gave people a sense of stability like Mount Tai.

"Such a turbulent sell-off, it is obvious that there is a big main force operating in spot gold, in the case of such a big change in the disk, can we really do it?" Ruan Yuan hesitated.

"I just took over Dafu Bank, and without making a follow-up development decision, there are too many places that need money, in fact, if you think about it carefully, the funding gap is not ordinarily large, and there is no way, so I can only go out in person and temporarily take on the role of the manager of the self-operated department." Zheng Fan sat in front of the computer, his hands crossed and twisted, as if he wanted to do it himself.

"Are you going to start?"

Finding that Zheng Fan had changed from his previous laziness and his expression had become firm, Wang Lin couldn't help but swallow his mouthful.

"You first put aside the international gold futures, do not stop the quotation of spot trading, and act more decisively." Zheng Fan simply explained to the girls.

"The international gold spot price is now $279.3, and the selling pressure is very heavy, looking at this posture, it may break $279." Ruan Yuan felt that the large selling orders of more than 100,000 hands in the plate did not mean to dry up at all.

"It's really scary, I'll just characterize it as a downward breakthrough to do it, test the reaction of gold prices, Wang Lin, once spot gold falls to $279.1, immediately open a long position of 100,000 hands." Zheng Fan said with a deep smile.

"What does qualitative mean?"

Because the price of gold fell very quickly, and it was very close to the opening price indicated by Zheng Fan, Wang Lin had already put his hand on the keyboard.

"At present, the important news affecting the major capital markets, only the temporary slowdown of the U.S. economy is certain, if this news, may cause pressure on the stock market, it is possible, but it is not enough to become the reason for the gold price break, in the gold spot has traces of large capital operation, gold prices this wave of decline, the possibility of fake fall is greater, even if it is really a break, after a rapid killing, there should be a tentative reversal of the previous low of $280." Zheng Fan explained smoothly.

"The international gold spot price is already 279.2 US dollars, and the selling order is still very tough, and the intraday active buying is very small, and there seems to be no resistance to it." In the face of the decline in the price of gold to $279.1, Ruan Yuan has already noticed the tense trading atmosphere in the self-operated department.

"Whoever says there is no resistance, it's because Tafook Bank hasn't entered the market yet." Zheng Fan first glanced at the time on the big screen of electronic trading, and then he had smoothly typed the keyboard, and on the international gold spot disk, he made a large multi-position order of 100,000 hands.

"Boom~~~"

Without waiting for Wang Lin and her daughters to react, the huge purchase position from the proprietary department of Dafu Bank had already stirred up a thousand waves in the electronic disk, which made the decline in the international gold spot price a block.

"Didn't you say I'd do it?"

Wang Lin, who came back to his senses, cautiously asked Zheng Fan.

"The three of you are as stiff as stones, completely affected by fear, how dare I hand over such an important operation to you." When Zheng Fan spoke, he had already filled in the form through the electronic disk again.

"Takashi ~~~"

Seeing a long position of 200,000 hands, Wang Lin couldn't help but stand up in one fell swoop, and took the initiative to sweep the gold price from $279 to $279.2.

"Why not place a bargain order? It's going to be very dangerous for you to do that. Feeling that the attack of the proprietary department of Tatfook Bank caused a certain shock to the international gold spot market and international speculators, Ruan Yuan questioned incomprehensibly.

"Falling to this point, the bulls have not taken the initiative to enter the big order, the gold price of 279 US dollars, but it is really unbearable, have you heard of the phrase "see the wind and make the rudder?" Even if there is a big main force in the international gold spot, I don't think it will definitely be a threat to us. Zheng Fan, who bought a position with 300,000 hands, looked blank.

"Buzz~~~"

The intraday trading continued, and Zheng Fan's order action did not stop, and two long and short transactions of more than 50,000 hands were hedged together on the disk, obviously wanting to compete for pricing dominance.

"No, stop quickly, with the amount of funds of Dafu Bank, it is difficult to take an advantage." Seeing that all the 400,000 long positions were traded, Wang Lin couldn't help shouting to Zheng Fan.

In the electronic intraday of the international gold spot, a large amount of transactions continue to break out, forming an obvious replenishment in a short period of time.

"Even if the amount of funds is insufficient, but I don't think the short-term will lose, within half a minute, through high leverage nearly 10 billion US dollars of gold trading, enough to attract the attention of all parties in the market, since the entry, the international gold spot trading of 279 US dollars, within the power of the situation, must be adhered to, so as to grasp the initiative of the disk." Zheng Fan said with a deep expression.

"Whew~~~"

Seeing that after the intensive transaction, the gold price was once again suppressed by the bears, from 279.2 US dollars, a 100,000 hand selling order straight down to 0.2 US dollars, to 279, Wang Lin gasped.

"The spot trading of international gold is very different from the previous operation, and the main method is really fierce!" Wang Lin only felt that the short side was selling orders, and he wanted to crush all the living forces in the market.

"The price of international gold spot has broken $279 and will continue to fall." Even if she didn't look at the account situation, Ruan Yuan could imagine that the 400,000 long positions that Zheng Fan had just opened had already suffered a floating loss.

"Boom!"

At the first time when the gold price saw $278.9, he found that the active buying orders in the session had increased, and Zheng Fan decisively put out an active order of 100,000 hands at $279.1 again.

In the face of the fierce fluctuations in gold prices caused by Dafu Bank's self-operated attack, Wang Lin opened his mouth but was speechless.

"Transactions are still expanding, but gold prices have not rebounded significantly." Wang Lin whispered.

"Although the U.S. stock market has not opened, but the public outcry of the Dow futures contract has begun, three minutes ago, the Dow futures had a short and rapid decline, which will bring an opportunity to international gold, the price of gold spot, has reached the intraday stage of the low, there should be a long position incremental buying." Zheng Fan's thoughts in his heart were quite firm, but he didn't say anything to Wang Lin's daughters.

"The spot gold price of $279 has been broken again, but the strength does not seem to be as strong as before." Although Ruan Yuan's offer found a certain change, she was still uneasy in her heart.

Ruan Yuan, who is fully aware of the high leverage risk of international gold spots, can't help but worry that once there is a continuous decline in the current fluctuation of gold prices, Dafu Bank's proprietary funds will really hurt.

"It's just a slight break of $279, which is far from what you are worried about, even if the decline reaches $1, the margin of Tatfook Bank can fully bear it." When the corners of Zheng Fan's mouth were upturned, his hands were not idle, and he once again played a long position of 15,000 hands, pulling the gold price back to $279.

"After opening a position at the limit, it is equivalent to having no room for anything, and almost all the funds in the account are put in, can you still find money from other places?" Finding that there was no money left on the account, Wang Lin stared at Zheng Fandao tightly.

(The first update will be delivered.) ）