Thunder added positions, and everyone was instantly raised. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Short selling at the 19350 level, due to the peculiarity of stock index futures, short selling Nikkei 225 is equivalent to suppressing the price of those 225 stocks.

What is the concept? If you sell a contract at 19350, and the spot is 225 stocks combined with a weighted index of 19370, then there is 20 points of arbitrage space.

The arbitrage funds will take the next contract at the 19350 point, and then sell the corresponding spot at the same time in the stock market, if there is a surplus in the price difference minus the commission, this operation is unlimited.

Then there will be a sell-off of the stock and the price of the stock will decrease.

Therefore, as long as you dare to provide the price difference, the amount of capital for stock index futures is unlimited in the long term and limited in the short term.

Under this premise, the bulls still have the right to choose, one is to take the trading order, but to wait for the short and arbitrage funds to suppress the index, and wait for a lower position to open a position.

However, as a bear, the Thunder will not be stupid enough to lower too many points, and will not move at 19300, and directly accumulate the amount of energy here.

Hong Kong Island, Thunder, Trading Department.

Leo and Tao Liyu had expectations in their expressions, Lei Hao's reaction was actually not unexpected by everyone, when did his boss coax it? Since your debut, has you not been tough?

Now it is just waiting for the bulls to take over, and there is a question, that is, who is the person who takes over.

If third-party funds are pulled in, it will naturally not be a good thing for the Thunder, and if it is the original opponent Mizuho, then there will be something to play.

"I hope it's Mizuho, I hope they dare to take over." Leo muttered, his heart surging.

Tao Liyu is also a little nervous, big capital operation, no amount of energy, everything is closed, if you want to sell, someone has to buy it.

Lei Hao said that when the order is placed, everyone will place the order, and everyone believes in his judgment, but when the matter comes, the tension is inevitable.

"YES, 19400, 1,000 lots, deal!" Suddenly, the data on the screen jumped, and Leo swung his fist fiercely, "I knew that they were sitting on the home field and would not be afraid of us!" Mizuho is definitely going to take over, and they won't give up the profits that may exist! ”

It is very pleasant to be a long with a home advantage, you don't have to think about anything, just buy and buy, as long as you have enough funds, you will almost not bear losses.

Short selling, on the other hand, is a job that requires off-the-counter strength, with long positions corresponding to the order, and must withstand the suppression of the ceiling.

Of course, everyone in the industry knows one thing, that is, the ceiling is difficult to appear, and the trillions of the total market capitalization of the Japanese stock market, many stocks that account for a large proportion of the Nikkei 225 will have a short ceiling? When pigs fly.

Yangcheng, Thunder, looking at the beating of the data on the computer screen, watching the explosive growth of the position at a rate of two thousand hands per minute, Lei Hao secretly thought in his heart according to the future information: "The bulls must be Ruisui!" ”

It can only be Mizuho, if it is someone else, it will be a big problem for Lei Hao, it means that the future will be changed again, but if it is Mizuho, then the development of things is not off the track.

Positions represent risk, and only when sufficient positions are accumulated, Mizuho's opponents will have the motivation to make a move, and the Thunder will have a chance to take advantage of the fire.

As long as the Nikkei 225 market wins, with the power of a big victory to turn the gun back to the CSI 300, no matter how tenacious Taihe is, the wait-and-see funds will actually form a trend of encircling and suppressing Taihe with the Thunder.

"Short sell CSI 300 and let Taihe take over!" Lei Hao quickly sent a message to Xiang Yongze.

Shanghai Stock Exchange, Taihe Fund.

"What a madman." Yang Lucheng looked at the battle situation in the market, hesitated, and finally said into the microphone: "Take it." ”

Risk and return are proportional, the increase of the position represents the accumulation of risk, but also represents the possible existence of more interests, mixed financial circles, who does not bear the risk?

Moreover, Thunder and Taihe are actually a strategic conflict, and the two sides have a mutual hatred, so a real fight is definitely something that will happen.

Thunder chooses to exert force in stock index futures, can Taihe not accept it? Admitting cowardice is admitting defeat, as long as you don't pick it up this time, even if Thunder doesn't make a move, Taihe will be killed like a boiled frog in warm water.

From the very beginning, Thunder has the initiative, Yang Lucheng actually has no way out, but this guy has two brushes and successfully made trouble for Thunder.

But from the standpoint of Thunder, sooner or later you have to encounter this kind of thing, the market is so big, and the market share you compete for is actually what others originally ate into their stomachs, how can it be so simple.

No financial institution has gained a market position by selling cuteness, and if you want to eat meat, you can't believe in Buddhism!

"It's out." In the trading department, seeing that the list put out by the company was next, he exchanged a look with Yongze and Zhao Lichen, with a nervous look in his eyes.

According to Lei Hao and the company's analysis, the winning and losing points should appear above the Nikkei 225, but the CSI 300 has a lot of energy here, which is enough to make the person in charge of trading pay full attention.

The amount can appear, the hedging begins, but this is only a prelude, after pushing the position to 100,000 hands, the long and short sides will withdraw their troops.

Looking at the financial history, the decisive time of stock index futures is that the amount of energy is a single-day outbreak and a single-day liquidation.

China's stock index futures have little history, but those who have experienced the last stock index movement clearly remember that the daily volume could exceed 2 million lots, but the position ended up being only 300,000 lots.

That is to say, just on the same day, the winners and losers of the long and short sides have been divided, and the positions are quickly hedged in the end.

At present, the total position of the stock index futures market is close to 300,000 hands, and there is no shortage of capable people in various institutions, and it can be calculated that the main forces on both sides of the long and short sides hold 100,000 hands each.

Each contract is close to the face value of 1.3 million yuan, 100,000 is 130 billion, if the CSI 300 index fluctuates by 1%, it represents a profit and loss of 1.3 billion, and if the two sides hold 500,000 hands at the peak, the fluctuation of 1% is 7.5 billion.

Coupled with the profit and loss on the stock spot, the figure of 10 billion can definitely appear.

So will the stock market move less than 1%? Thinking with your toes knows that it is impossible, unless...... The regulator has taken action, but it's not right, now that China wants to be financialized, the pricing function of stock index futures has come out, and the top can't always slap themselves in the face, and Thunder and Taihe are not vegetarians, and the interest groups they represent are enough to level the regulators and cancel each other's policy advantages.

The accumulation of positions is a necessary factor to contain the decisive battle between the long and short sides, and now the bilateral position contracts have reached a certain number, which means that the last moment will come, maybe in October where the hedging contract is located, maybe a week later, or ...... Tomorrow.