Chapter 4 S&P 500 Index Futures

Ryan quickly calculated in his mind: The total value of the option contract two years ago was 95 billion yen, and today it is settled at 136, which is about 700 million US dollars, and after deducting the 500 million US dollars borrowed, the net income is 200 million US dollars, equivalent to 156 million Hong Kong dollars.

"Genius, perfect capital operation!" Ryan's turquoise eyes rolled a few times, and he praised sincerely. He has been in the capital market for so many years, and he has never seen such an unbelievable thing.

"I wonder which gentleman's work it is?" After a moment of silence, Ryan raised his head and looked eagerly at Zhong Yi in front of him, his eyes full of inquiry. In fact, in his heart, this kind of largesse is likely to come from the young man in front of him.

"If this is the case, this gentleman could have predicted today's situation two years ago, and it is very likely that the yen will rise to 120!" Ryan thought silently in his heart, he was already thinking about the timing of the release of the yen in his hand.

"You guessed it right, it's down there!" Zhong Yi's face turned slightly red, and he admitted it. Before that, Zhong Shi had already told him that if anyone asked whose handiwork it was, it would be about him.

Liao Chengde next to him was a little surprised, he knew the operation of this money, although he didn't know that Weishenme liked to admit it, but he had to keep his mouth shut and pretend to know nothing.

"Mr. Zhong, I don't know what you use this money for, why don't you deposit it in our Standard Chartered Bank, I can give you the highest interest rate and the highest VIP service for wealth management!" Ryan is not willing to let go of such an opportunity to ask for haode, for such a big customer, it is really hard to find. If the young man in front of him could give him a few tricks, then his future would be limitless.

"Cooper, how much is that?" Liao Chengde originally planned to stay out of the matter, but when he saw Ryan's flattering expression, he couldn't help but be surprised, and he couldn't hold back his curiosity anymore.

"Liao Sheng, don't you know?" Ryan was stunned, originally thought that Mr. Zhong and Mr. Liao came together and must know about this matter, but now it seems that this is not the case. He looked at Zhongyi, saw Zhongyi nodding, and Ryan, who had been instructed, whispered a number.

"What? Are you sure? How is this possible? Liao Chengde, who heard the news, was shocked, and asked three times in a row, until he saw the calm expression on Zhongyi's face, and then he was sure that what Ryan said was all the truth.

"1.5 billion Hong Kong dollars? How much does that have to be? At this moment, Liao Chengde seemed to be several years old, his eyes were a little sloppy, at this moment in his heart, he must have regretted that his intestines were blue, if he insisted on leaving the 20 million in Zhongshi's portfolio, he could now get a quarter.

A quarter of 1.5 billion Hong Kong dollars is nearly 400 million Hong Kong dollars, a figure that Liao Chengde has struggled for half his life, and Zhong Shi has easily reached much more wealth than this figure in just two years.

Seeing that Liao Chengde's situation was not right, Zhongyi and Ryan hurriedly helped him sit down, and after beating his shoulders and stroking his chest, Liao Chengde let out a long breath and sighed regretfully: "This is fate!" That's fate! ”

"Liao Sheng, you don't have to be emotional, there will be more opportunities in the future!" Zhong Yi whispered. For this Mr. Liao, he is undoubtedly very fond of him, if it weren't for the initial capital given by this Mr. Liao, the people of the Zhong family are still only living in a state of food and clothing.

"What? Still a chance? Zhong Sheng didn't abandon me? Liao Chengde, who came back to his senses, held Zhongyi's hand tightly and asked hurriedly. The "Zhong Sheng" in his mouth naturally refers to Zhong Shi, but to Lane's ears, it obviously refers to the young man named Zhong Yi in front of him.

"Of course!" Zhong Yi took out the hand that was clenched and shook it quietly, this Mr. Liao looked not young, but his wrist strength was so amazing that his hand hurt when he held it.

"That's good, that's good!" Liao Chengde muttered to himself, a feeling of tiredness floating in his heart, which made him a little drowsy. When people are in great sorrow and joy, their own energy is too much consumed, and such symptoms will appear.

"Lao Zhao, you escort Mr. Liao to rest. Mr. Cooper, do you have a break room here? I think Mr. Liao needs to sleep for a while, and I'll handle the formalities with you! Zhong Yi called Zhao Xingyun, who was guarding the door, and said to Ryan with a little apology.

"It's nature, you come with me!" Ryan said respectfully. He called a low-level staff member, and several people worked together to send Liao Chengde to the lounge, and then went to the VIP room with his favor.

…………

In Tokyo, Japan, in the foreign exchange trading department of Sakura Bank, a short, ordinary-looking young man is staring at the screen in front of him, not knowing what he is thinking. His name is Taro Sakata, and he is a junior supervisor in the foreign exchange trading department of Sakura Bank.

Two years ago, it was his bold suggestion that made Sakura Bank's options in the U.S. options market boldly raise the price to 190 or even higher, scaring off a large number of speculators who wanted to hedge and arbitrage. However, even if he was unlucky, he met Zhong Shi, a reborn person, and he didn't care what the agreed price was, and went all out. This capital made Taro Sakata very nervous for a while, for fear that there would be followers behind him, but fortunately, Zhongshi's funds were not much, and he only bought options of $500 million.

In addition to the central banks of various countries, there are also commercial banks and large export-oriented enterprises trading in the foreign exchange market, and the daily flow of funds is calculated in hundreds of millions of dollars, and Zhongshi's option premium is not in the eyes of the Japanese.

However, as time went on, the yen continued to rise against the dollar, and when it crossed the 190 mark, Zhongshi's unexercised option became particularly conspicuous, and everyone knew that it would be executed, but they didn't know when.

As the expiration date approached and the value of the yen gradually increased, Taro Sakata calculated how much money he could make with this option every day, and kept praying in his heart that the customer on the other end would forget about the deal, although this was very unlikely.

On this day, before he could recover from his cranky state, he saw a sudden display of a sum on the screen, which was an order for option execution, and soon after, a call came from the United States on the other side of the ocean, informing him that the option issued by Sakura Bank had been selected to be exercised, and the principal had been transferred to the relevant account.

"Eight grids!" Taro Sakata yells angrily and immediately reports the matter to his supervisor, which is a transaction that is beyond his authority. lost tens of billions of yen in vain, which made Taro Sakata and the entire Sakura Bank very unwilling.

"Asano-kun, can you find out the other party's information?" Sakata said to a lewd young man wearing deep myopia glasses. This person is a computer programmer at Sakura Bank, who returned from studying in the United States, and is very proficient in computers and networks, and can often do some incredible things, which is equivalent to a "hacker" in later generations.

After a big crackling on the keyboard, Asano Hoshishi shook his head at Taro Sakata, and said helplessly: "The firewall in Chicago is too advanced, I can't break it, I can only find a way through relationships." ”

After some public relations, Taro Sakata finally knew that the money came from Hong Kong, but it is unknown who it was. "Unless you don't show up again, I'll break you to pieces!" Taro Sakata said fiercely, for traders with massive financial support, they naturally dare to say such big things, just like the "London Whale" in later generations.

The reason why Taro Sakata hates Zhongshi so much is because his previous whimsy was ruthlessly crushed by Zhongshi, which in turn affected his promotion. But who would have thought that the yen would appreciate so much!

Soon, however, they will face each other again on the S&P 500 futures market.

…………

After depositing all $198 million into the futures company's account, Zhong Yi instructed: "To open a short position in the S&P 500 every Friday, you must be well measured, and no one can detect anything wrong, and all the money should be invested in the short market as soon as possible before October, and a certain amount of maintenance margin must be retained." ”

Andrew nodded grimly.

The S&P 500 is an index designated by S&P Corporation from 500 U.S.-listed stocks, and compared with the Dow Jones Industrial Index, the S&P 500 index has the characteristics of wide sampling, strong representativeness, high accuracy and good continuity, and is generally considered to be an index suitable for futures contracts.

Many professionals often choose the Dow Jones Industrial Average instead of the S&P 500 when choosing the benchmark of their own products, and if a fund does not outperform the S&P 500 in a certain period of time, then the fund is in big trouble.

S&P 500 index futures are a price calculated by multiplying $250 by index futures, and on March 23, 1987, the S&P 500 officially crossed the 300-point mark, with the value of each contract being about $70,000 or $80,000, and the margin is $5,000 or $6,000 a lot.

If you like to invest this money in the index futures market all of a sudden, it will definitely cause an uproar, which is the reason why Weishenme Zhongshi asked to gradually open a position.

However, what Zhong Shi didn't expect was that as his position became larger and larger, his Jihua was also targeted by people with a heart, including the Japanese consortium that had folded in his hands before.

In the months that followed, Zhong Shi, Zhong Yi and others will battle the Japanese consortium for multiple months of contracts on the S&P 500 until October 19. (I hope more book friends pay more attention, your support is my liliang, ask for clicks, ask for recommendations, ask for collections)

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