"I can't do it!"

"Still can't do it!"

It dragged on until 10 o'clock, whether it was Nikkei 225, IF, IC, IH, several stock index futures markets showed a trend of shrinkage and shock, and bright selling orders appeared there, and the wait-and-see mood was so strong that it scared people to death. Pen % fun % Pavilion www.biquge.info

"Don't cut the price! No need to lower the price! The people in the trading department couldn't help but come to ask Lei Hao's opinion, but he still had the same attitude, just at this point, waiting for the opponent to appear.

"It's not good for them to drag it out, and waiting for the money will let them know that handing over pricing power to the bears is the wrong choice!" Lei Hao gave a few words to the trading department.

In the two trading departments, Xiang Yongze, Leo, Tao Liyu and others had some stupid expressions on their faces, they didn't understand, but who could have Lei Hao's confidence?

Now Thunder holds more than 100,000 contracts in China's stock index futures market, with a total face value of 130 billion and a leverage of about 2.6 times, which is still a long way from the limit, but it is not far away, as long as the contracts exceed 250,000, that is, 150,000 more contracts, Thunder's position will reach the limit.

150,000 is a trading volume of 300,000, plus the entry of Hanlong and Qingyu, it is not surprising to raise a trading volume of hundreds of thousands.

However, these trading volumes are not too large, and the Nikkei 225 is the main event.

According to the agreement between Thunder and the partner institution, Thunder enjoys a minimum margin of 5%, and in US dollar terms, each Nikkei 225 contract has a face value of less than $100,000, and 100,000 contracts is a face value of less than $9.7 billion.

The Thunder has 14 billion US dollars, and if all of them pour into the Nikkei 225 handicap, the limit position will go to more than 2.8 million hands, hedging, who is not afraid?

There is also the question of where the opponent's funds are.

If the opponent's main force is in the domestic market, it goes without saying that the Thunder's hundreds of thousands of hands are likely to be unstoppable, but the Nikkei 225 side can win.

If the opponent's main force reaches the Asia-Pacific market as analyzed by Lei Hao, then even if the opponent meets the opponent, the two sides can fight on the Nikkei 225 handicap.

"Do you want to pick up the plate?"

Even if he knew from the future information that the opponent would not be cowardly, Lei Hao still had a trace of uncertainty in his heart.

As for the rest of the Thunder, at this time, the mood is extremely volatile, as the most crazy institution for hedging in the financial market recently, the Thunder has always given people the impression of opening and closing, and being able to find the corresponding amount of energy is also enviable.

At 10 o'clock, the mainland stock market took the lead in cleaning up the selling orders, and the selling orders on IF, IC, and IH seemed to disappear in an instant.

It's just that the bright energy column is reminding market participants: big money haunts, small scattered retreat.

With the explosion of volume in the mainland securities market, it is not surprising that the Nikkei 225 trading order has also been swept away.

"It's out."

"GOOD, the opponent recognizes this point!"

"The next step is to hedge the funds."

The heads of the Thunder Trading Department in Yangcheng and Hong Kong Island have different thoughts, but in any case, the market trend is not much different from the situation analyzed by Lei Hao, which greatly boosts their confidence.

In different places, seeing the volume of the securities market exploding and the long and short began to hedge, many people also showed a smile on the corner of their mouths.

Those who want to participate in the wait-and-see funds have already built positions, and those who don't want to participate prove that they are not willing to take risks, so how to make money? The first is to rely on the basis.

Under the hedging of large funds, the amount of energy is a thing that does not need to be considered, but the hedging of tens of billions of large funds can often create hundreds of billions of trading volumes.

The reason is that the volume can explode, and when hundreds of stocks in the spot market fluctuate individually, arbitrage space appears.

Then there is the arbitrage funds into the market, after these funds enter the market, not only in the smoothing out of the spread, but also often kill each other, for example, the same list with a price difference, two institutions have seen, but only one grabbed the list and completed the arbitrage, and the other list will cause a slight fluctuation in the market in an instant, and finally ...... The cycle continues.

In this case, the speed of funds in and out is extremely fast, everyone is fighting for vision and hand speed, only with the machine to operate, in fact, it is not as good as the trader directly predicts the pending order, this is the reason for the outbreak of the amount of energy, a circle that does not know whether it is benign or vicious.

For the main force, what they need to consider is to complete the position with a lower price, the fundamental and technical information needs to be analyzed, the beating of the data needs to be taken care of, and the frequency, price and quantity of their own pending orders need to be reacted by the trader in an instant.

The face value of the contract at the level of 100 billion, even if the cost is reduced by 1/10,000, it is still the cost of 10 million.

For the exchange, according to the handling fee of a few ten-thousandths is enough to make a profit, 100 billion is tens of millions, and a trillion trading volume a day will break out, and their net income will be hundreds of millions, and their performance is definitely explosive.

"Here we go." Lei Hao looked at the beating of the data, and the display of future information appeared in his heart.

At this point, there is only one choice I need to make, and that is whether to accept the coercion of a third-party organization.

For example, Keda, HSBC, Standard Chartered, and Prudential, the four foreign-funded institutions, they also have a lot of speculative funds, coupled with the advantages of their own channels and platforms, if they participate, they can undoubtedly suppress Mizuho.

However, the number of institutions and funds involved has increased, and the nature of the matter will also change, no matter how Japan says that there are three major banks and six major consortia, whether they will unite to fight against external short-selling, this is a question, and even whether the government will come out to save the market, is also a high probability event.

From this point of view, Lei Hao will definitely not agree to the request of third-party funds, and where the market should go can be decided by the market, or ...... The current situation is the best situation for Lei Hao.

"Maintain a stalemate and contain Mizuho's funds, China has Taihe, Japan has Mizuho, but China has Thunder, Japan also has UFJ and Sumitomo Mitsui!" After going through all the clues, Lei Hao turned his attention to the "many teammates" he had never met.

"Securitization is a good thing, but the degree of securitization is too high, and sometimes it's not a good thing." Lei Hao silently remembered Mizuho's information.

As a financial group that tops the Japanese financial circle, Mizuho holds a large number of securities in his hands, and many securities contracts such as stocks, futures, CMS, CFDs, and options in the Japanese market are held by Mizuho.

These positions determine Mizuho's financial position in Japan and give them the ability to suppress the market, but strength is also weakness, and you hold so many securities, what if ...... Is the market volatile?

No matter what financial institution, the more positions exposed, the greater the risk, no matter which financial market is the leader, his strength means that the benefit of attacking him is the greatest, Taihe is like this, Mizuho is like this, and even the thunder in the future will be like this!

The more powerful it is, the more easily it is to be coveted, it is an inherent law of the financial circle that wolves devour tigers, and in the same dimension, Lei Hao, the tiger, is actually coveted by hungry wolves.