Chapter 366: Unreasonable (I) (12/30)

"Give me 20 minutes." Liu Fei thought about it, and did not let Die do it for the first time in the oil futures market, but set aside twenty minutes of time first, Liu Fei called Lawrence and Obier directly, others Liu Fei didn't know, but these two banks are doing things for themselves, so Liu Fei thinks it's better to say hello first, otherwise, Die will instantly smash the price of oil down, and it is estimated that they will be liquidated.

"President Cheng, I'm going to start the oil futures market in a while, if you have more orders." Liu Fei finally gave the establishment of Dong.

"Ugh." Chengcheng Dong was speechless, but Liu Fei could do it directly if he did it, and now call them in advance, which is obviously already giving a very high face, but Chengcheng Dong communicated with the side, and then said: "ICBC is not on the oil futures side, and the gold side is because we have news recently, gold futures are going to rise, and we rarely do futures." ”

"Uh, okay, what, anyway, when I withdraw you and continue, anyway, you have plenty of funds in your hands, by the way, you can short oil, this news is my gift." Liu Fei shrugged his shoulders and said.

The leverage of ICBC's order is not very high, and with ICBC's margin capacity, it is almost in the type where it is impossible to be smashed and bankrupt, and it is impossible for Liu Fei to smash it indefinitely. So ICBC is not worried, but ICBC has sufficient margins, and NaspersLimited is different.

They don't have that much money in their hands at all, and after confirming with ICBC, Liu Fei directly let Die do it. Compared with value-preserving goods such as gold, the oil futures market is a little larger, and oil futures are also divided into light crude oil, heavy oil and other types, but there is no problem with butterfly.

Anyway, there are so many important futures markets in the world, you can buy anywhere, and this time the butterfly shot is not as gentle as in the gold futures market, 1 million hands a short order, each hand is 1000 barrels of crude oil, 1 million hands is a full 1 billion barrels of crude oil.

According to the current crude oil price of 102 US dollars / barrel, the 1 million hands of short orders are equivalent to 100 billion US dollars, of course, the margin is not used so much, the butterfly hand is still 1:100 leverage, 1 million hands of short orders are only 1 billion US dollars of margin.

But this 1 million hands of a short order, almost the entire crude oil futures market smashed a huge shock, and then the butterfly threw out a short order, this time the short order is not much, 500,000 hands, but just two short orders, and then followed by a large number of short orders, at a glance at these short orders, Liu Fei knew that these short orders should be UBS and Citibank.

"ICBC also took action, but they were more conservative and probably used billions of dollars." Butterfly's voice soon rang out.

"The leverage they use is about 1:20, which means that for every 5% or so price drop, their income basically doubles." Die's side is very familiar with the information on the ICBC side, "Citigroup and UBS are conservative, they just closed their previous long positions first, although they also established short positions, but it's okay." ”

"Young master, you can tell ICBC that if they dare to be bold, just keep this short sale, and the final profit will be beyond their imagination." Butterfly said quickly.

Liu Fei thought about it, Liu Fei himself is not ready to do futures, now it is all butterflies are engaged in, or zero is doing it, Liu Fei doesn't like this kind of gambling, but it doesn't mean that Liu Fei doesn't understand how to sell favors to others.

ICBC is a state-owned bank, and if it sells face to ICBC, it is even if it is sold to the state. "You mean, oil will fall?" Liu Fei asked tentatively.

"Now the price of a barrel of crude oil is about $100, and the price of international crude oil will fall to about $50, about six months later, or even shorter." Butterfly said quickly.

"Can't go up?" Liu Fei asked in some surprise.

"It's hard." Butterfly gave two words.

"I see." Liu Fei nodded, thought about it, and directly picked up his phone and called Cheng Dong, Liu Fei would not tell Obier and Lawrence about such a thing.

"Mr. Liu?" It was a little strange for Chengli Dong to receive a call from Liu Fei.

"I see your money coming in." Liu Fei said directly.

As soon as Liu Fei spoke, he was slightly surprised, you must know that ICBC is very low-key this time, but as soon as they entered the market, Liu Fei knew, which means that Liu Fei has a very strong team behind him, and it seems that Liu Fei is the operator of the private equity fund.

"I'll send you a message, you are now 1:20 leverage, let's make up 10 billion US dollars, to the short position that will be delivered around February next year, according to the leverage of 1:20, open a position above the price of 100 US dollars per barrel, you can make 2 million short orders, keep holding. It can be delivered by the end of February next year. Liu Fei said lightly.

"This ......" Jiandong was dumbfounded, of course he understood Liu Fei, he was engaged in finance, but Liu Fei said ...... This means that the price of oil will not rise until February next year!

Chenglidong still wanted something, but Liu Fei had already hung up the phone, Chengchengdong hesitated, and then immediately relayed Liu Fei's words to the decision-making level of ICBC. The people on the side of the head office of the Industrial and Commercial Bank of China, after a little pondering, directly and decisively gave an order, if Liu Fei's identity is confirmed, it means that Liu Fei's words cannot be listened to casually, and they must be taken quite seriously.

Although ICBC has not been established for a long time, it does not mean that they do not know about that foundation, and the foundations that can mobilize such terrorist funds all believe in Liu Fei so much, what do they not believe?

Originally, ICBC had already made billions of dollars in short orders, and it was not difficult to short to $10 billion. However, the short is short, but the contract has not been established within a period of time, because Liu Fei's previous short order of nearly two million hands is still there, and it has not been established, so naturally it will not be their turn. Because no one buys much now.

The place where the building is now established is an investment and financial center of ICBC, where there are hundreds of professional traders.

"The other party has withdrawn the order!" Just when the president of the head office of Jiancheng Dong and ICBC was staring at the futures sector, suddenly a person spoke loudly, and Jiang Qing immediately asked loudly: "Who canceled the order?" ”

"Target No. 1 has cancelled! They now have less than 100,000 empty orders, and the rest of the empty orders are all gone. "This trader is specifically staring at Liu Fei and their funds, which is the No. 1 target in their mouths.

The so-called cancellation of the order, not that you build a short position, this order can be established, then someone has to build a long order to buy your short order, the contract between the two parties is established, the list is considered to be effective, if no one takes over, your short order is not established, not established, naturally you want to cancel the cancellation, of course, part of the handling fee still has to be issued.

"Our empty order was eaten, and the other party's speed was very fast! 500,000 lots! 600,000 lots! The other trader immediately began to shout.

Jiang Qing immediately looked at the establishment building, and every time he shouted a number, it meant that their short order was eaten by the long person, that is, the contract was established. The previous oil futures market was bullish as a whole, which means that if oil futures have been rising because of this, the fluctuation is probably more than 10%, their margin is not enough, and ICBC must add new margin.

"Cheng Xing Ran? What do you think? Jiang Qing felt a little frightened, this is a full 10 billion US dollars! Although it is a drop in the bucket for ICBC, if it is lost, then his position as president will basically come to an end.

"Wait and see! I'm sure he won't play tricks on us, it's supposed to be selling us favors. Cheng Chengdong pondered for a moment before he spoke decisively.

"Well, I hope you're right." Jiang Qing pondered for a moment, and then said decisively and loudly: "Don't care, until all 2 million empty orders are successfully opened." ”

Liu Fei's actions affected the profits of many parties, if they don't want to lose money, they can only make the price of oil longer, and oil futures have always been bought by many ordinary people, so 2 million hands to the global futures market, is nothing at all, and soon 2 million short orders will be successfully opened.

It's just that after the 2 million short orders were successfully opened, the price of oil has returned to $103 per barrel. And the short position built by ICBC at the price of $100 means that ICBC has lost $3 per barrel of crude oil, don't look at this $3, which means that ICBC has 2 million hands in its hands, which is 2 billion barrels of crude oil, so a loss of $3 per barrel, ICBC has lost $6 billion!

That's the risk of the futures market! This is much riskier than stocks, don't look at the ICBC is only spending $10 billion now, but if until the end, crude oil can't fall, when the time comes, they will have to pay a solid loss of $6 billion.

"No. 1 has struck! Another 1 million short orders, they selectively ate all the long orders of a certain account, and now the price of crude oil has returned to $100 per barrel. With another new news, Jiang Qinghe and Jiandong breathed a sigh of relief.

Yes, Liu Fei was just selling favors to ICBC, letting their list be established first, and then smashing it himself, and Liu Fei ate all the list of SG Investment Foundation, and now it is a battle between multiple parties and short parties, but there are also people in many parties who are building short orders while doing long.

However, their hands are not as fast as Liu Fei's hands, and the butterfly almost instantly smashed out the empty orders of millions of hands, although many parties also accepted it, but even the short orders of the butterfly could not be fully established, because many ordinary people began to close their positions quickly, after all, ordinary people are the main stream, and the price of oil almost quickly fell below 100 US dollars, and soon fell to a price of about 95 US dollars per barrel.

$95, which means that ICBC's order has doubled its profit, and it has made a profit of $10 billion, which is only a few minutes before and after? If ICBC had chosen to close its position now, they would have immediately credited $10 billion

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