Chapter 50: Reorganizing the Team
"I don't need to explain anything to you, just do what I tell you to!" Zhong Shi's face was straight, and he said rather unhappily. At this time, he was already very annoyed in his heart, and at the current speed and price of opening a position, it would take twenty trading days to open the position he wanted.
It's just that what he doesn't know is that according to the unspoken rules of regulation, if an account breaks through the one-way 15% limit in terms of daily trading volume, it is very likely to attract the attention of the regulatory authorities, and then cause an investigation by the Futures Trading Commission or even the SEC.
You must know that once it is charged, HSBC will definitely dissociate itself from the first party, and besides, they only give seats, and do not provide investment advice, and there are no employees involved in this matter. And Standard Chartered will also evade responsibility in the first way and put all the blame on Zhang Jiaqiang and others.
You must know that the best thing these large financial institutions are at evading responsibility. For example, after the incident of the London Whale in later generations, after the media revealed that the trader nicknamed the London Whale held a huge position in the bond derivatives index, JPMorgan Bank simply ignored and ignored it for no other reason, that is, because this person was their ace trader and could earn at least one billion dollars of income for the group every year, even if it was a huge position, they tolerated it. However, after the London whale was surrounded by hedge funds and caused huge losses, JPMorgan immediately fired him, along with the general manager of the London office and the head of trading, and the latter two were also subject to criminal proceedings.
Seeing Zhong Shi so stubborn. Zhang Jiaqiang's face also showed a trace of anger, he had endured Zhong Shi's frequent fingering, but now Zhong Shi's behavior has subverted the previously formulated operation strategy, which is an insult to his professionalism, at least he thinks so.
Andrew, Zhong Yi and Liao Xiaohua, who had not spoken all the time, showed eager expressions on their faces, they were gearing up, waiting to make a big move, you must know that the last time Zhong Shi's big operation only brought Andrew alone, and he was just a spectator. After observing them in the past few days, they found that trading is not a difficult thing. As long as Zhongshi sets the general direction. It's up to them to do it.
They were extremely confident in Zhong Shi, even to the point of blindness, and these people followed Zhong Shi all the way and knew how he made his fortune in the financial market. Therefore, after Zhang Jiaqiang said those somewhat unkind words, he became excited.
"If you don't want to. You can leave tomorrow. And the surplus of the operations done in these two days can be yours. What do you think? Zhong Shi saw Zhang Jiaqiang's gloomy face, so he simply ordered the eviction.
Zhang Jiaqiang was also arrogant and looked at the traders in his team. Seeing that several people had no opinions, he suddenly gritted his teeth: "Okay, I am fully responsible for the rest of the operation, and you can't interfere." When the market closes today, there will be no employment relationship between us! β
"Yes!" Zhong Shi had a sneering look on his face, "But there is another condition, that is, you must leave me an experienced trader, and also let me have a professional." It's up to you to decide who it is, but you have to remember that you have to keep your mouth shut about what is happening at these times, is that possible? β
"Okay!" Zhang Jiaqiang nodded, and beckoned his subordinates to start trading. After all, there are still more than 8,000 empty orders, and if they operate haode, they can still make a small profit of 100,000 US dollars, which is not a small amount.
While these people were busy, Zhong Shi quietly called Zhong Yi and the other three to the side, and whispered: "Everyone, you are all the people I trust the most, and now I need your help, I believe you will not refuse." This time, I'm going to play the second biggest, and if any of you have the mind, you can follow me, how about it? β
As soon as they heard that there was money to be made, the eyes of the other three suddenly lit up, among which Andrew was the most active, he was Zhong Shi's most loyal supporter, and he had also made a fortune in the past few years because of listening to Zhong Shi's investment advice.
Liao Xiaohua is also very enthusiastic, he naturally wants to be able to make a name for himself, and it is best to surpass him Laozi. Among the three, the most peaceful is Zhongyi, but even he is planning to make a fortune, and he can mobilize tens of millions of dollars in the Zhong family fund.
"What the hell are you doing? You give us a thorough view! Just after the excitement passed, Liao Xiaohua couldn't wait to ask. At this time, he was already planning how to persuade Lao Liao to invest a sum of money in him, and then followed Zhong Shi to operate.
Zhong Shi nodded thoughtfully, and after organizing the language for a long time, he said slowly: "I Jihua used part of the funds to raise the price of oil, and then suddenly suppressed it at a certain point in time, before that, we established enough short positions to take this opportunity to make a profit in one fell swoop, what do you think?" β
"Uh...... Isn't this market manipulation? Zhong Yi was stunned at first, and then hurriedly waved his hand. He knows very well that if this kind of behavior spreads, it will definitely be investigated by the SEC, and if it is not done, it will be a criminal charge.
"It's okay! Rest assured, there will never be any related accusations. First of all, I will allocate the position to different offshore company accounts, and then I will not use the seat of a brokerage company, and even if Zuihou finds out my head, I will prepare a research report. Zhong Shi replied nonchalantly.
Seeing that Zhong Shi couldn't be convinced, the others glanced at each other, and tacitly agreed not to mention this topic again.
Zhong Shi saw that everyone had no objections, and then said: "In the past two days, you have gathered the funds and prepared to follow my operation. Remember, don't operate with a full position, and set aside enough reserves. Now, you go and see how these traders operate, and then I can need you to do it yourself. β
The three of them nodded, and each chose a trader, and sat behind him to look at it carefully.
Zhang Jiaqiang also really did it, after some dazzling operations, finally after the market closed on this day, all the short positions of more than 8,000 hands were cleared, and the final income stayed at 142,000 US dollars.
On this day, although the crude oil futures price was under tremendous pressure, under the joint force of Zhongshi's short closing order and the bulls, it still closed a short and narrow green line, and the final settlement price stayed at $18.09 per lot.
After carefully deciding how to distribute the bonuses, they left one of the youngest traders, and then said hello to Zhong Yi and the others who were still in the trading room, and went straight to JFK Airport without looking back.
Not all of them are back in Hong Kong, but some are staying in the United States for a while, after all, they have taken a two-month leave from the company, and they must have a good time after receiving tens of thousands of dollars per person.
The young man left behind is named Li Mingyang, graduated from the University of Hong Kong, and has been engaged in trading for three or four years, and is said to be an experienced veteran, but in the circle of traders, he has not yet made a name for himself, and the funds he has handled are at most one or two million. He is not tall, he is very thin, he still wears a pair of gold-rimmed glasses on his nose, he looks very gentle, and a few pimples next to his cheeks tell others that he is still very young.
"You don't have to be nervous, this time you have a good opportunity, maybe you can make money that you can't earn in a lifetime!" When everyone was gone, Liao Xiaohua said to Li Mingyang with envy.
"Huh?" Li Mingyang was stunned for a moment, and then asked puzzledly, "What the hell is going on?" Could it be that you give me a lot of shares? β
According to the rules of trading, the general trading team can get a lot of dividends from profits, and the dividend ratio is up to 10%, but the funds that Zhongshi is about to use are unusually large, so naturally they will not give such a high dividend, but even if it is a 1% dividend, it will be a huge number.
"It's not much, it's 1%." Just when several people were talking, Zhong Shi walked in, "But the amount of funds will be very large, you can rest assured, after this transaction is completed, your dividends will definitely be astronomical." β
"You guys?" Andrew was still careful, and he immediately heard the meaning of Zhong Shi's words. During this time, he practiced both Chinese and Cantonese hard, and even these subtleties could be perceived.
While other people's attention was suddenly focused on the scale of the funds used, as soon as Andrew's voice fell, Li Mingyang couldn't wait to ask: "Zhong Sheng, how much money do you plan to invest?" β
Zhong Shi nodded at Andrew, and then raised a finger at Li Mingyang.
"$100 million?" Li Mingyang asked a little unconfidently. In the past two days of trading, he roughly estimated that in the past two days, this young man in front of him has invested more than 10 million US dollars in the crude oil market, and the funds used are likely to exceed 20 million US dollars, including the reserved margin. Now that he raised a finger, Li Mingyang naturally would not be naΓ―ve to think that it was 10 million.
"Nope! It's a billion dollars! Zhong Shi's answer surprised Li Mingyang, and he took two steps back, and then his legs went limp, and he squatted on the ground in full view of everyone.
Seeing his appearance, the other people were stunned for a moment, and then they all got up in unison. Except for this Li Mingyang, who didn't know the details, everyone else knew what Zhong Shi had done, so they weren't too surprised by this number at all.
Li Mingyang, who was sitting on the ground, looked at the other hahadaxiao people, and couldn't help but have a trace of suspicion in his heart, could it be that these people were also stupid, and even went crazy? (To be continued......)
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