Due to the liquidation behavior of Ye Zifeng and Liu Xing, it attracted a wave of long-stop liquidation orders, and the 3.27 treasury bonds fell step by step, until they fell to 151.3 yuan.

Guan Fangsheng saw that the 3.27 treasury bonds were falling slowly, and similarly, time was passing little by little, and tomorrow was the delivery date of the 3.27 treasury bonds, leaving little time for Guan Fangsheng.

Time is the noose around Guan Fangsheng's neck, tightening little by little, until he suffocates to death.

But Guan Fangsheng must not be willing to sit still, he wants to be the last one!

There are only eight minutes until the market closes!

Guan Fangsheng exhaled a deep breath, and finally issued a trading order, and Kingdom Securities began to fight back!

"150 yuan, 500,000 empty orders!" Wang Fei personally operated the trade, and in accordance with the operation instructions of Guan Fangsheng, he directly lowered the price of 3.27 treasury bonds to 1.30 yuan.

Wang Fei tapped on the computer keyboard fiercely, as if he wanted to vent all the evil anger that he had been holding in his heart for the past few days.

Although the 3.27 treasury bond only fell by 1.3 yuan, for Kingdom Securities, it was to reduce the loss of more than a billion yuan.

"2 million mouths, 148 yuan!" Guan Fangsheng gave Wang Fei a new operation order.

Wang Fei immediately operated, but after clicking to confirm, a dialog box popped up on the computer screen.

You don't have enough margin!

"General manager, our margin is not enough!" Wang Fei looked at Guan Fangsheng helplessly.

Of course, Guan Fangsheng knew that the margin of Kingdom Securities was not enough, and if the margin of Kingdom Securities was sufficient, he would not have come to this desperate road.

This set of futures trading software has a protective measure, that is, when the customer's margin is insufficient, it will automatically prevent the customer from trading and prompt.

The client either abandons the trade or makes a margin call.

Wang Fei is now facing this situation.

And Guan Fangsheng seemed to have expected this to be the case, so he took out a card from his pocket and handed it to Wang Fei.

Wang Fei was at a loss for what to do with the card,

"Use the administrator account and start the super trading program!" Guan Fangsheng said to Wang Fei.

This set of futures trading software, there is a super trading program? I don't even know it! Moreover, the account and password of this super trading program are controlled by the manager.

"Hurry up! What are you still doing in a daze? No time! Guan Fangsheng urged Wang Fei.

Wang Fei reacted and quickly restarted the futures trading program.

2 million mouths, directly hit the price of 3.27 treasury bonds to 148 yuan, a full 3 yuan. On the Kingdom Securities futures account, the number instantly turns from green to red.

Kingdom Securities began to make book profits!

At the same time, in the futures trading room of China Economic Development in Kyoto, Jiang Zeng, the general manager of China Economic Development Co., Ltd., jumped up. He watched his billions of profits be beaten back to their original shape by two empty orders.

"Mr. Jiang, what should we do?" The futures trader of China Economic Development Co., Ltd. stared at Jiang Zeng nervously.

"Impossible, they can't have so much security!" Jiang Zeng rubbed his hands together and walked back and forth in the trading room.

Of course, Jiang Zeng knew that these millions of empty orders were smashed by Kingdom Securities, and Jiang Zeng naturally understood how many family backgrounds Kingdom Securities had.

"How much margin do we have, and how many orders can we open at most?" Jiang Zeng suddenly asked the trader.

"You can only open more than 480,000 orders at most!" The trader calculated it on the computer.

"150 yuan, more than 480,000 orders!" Jiang Zeng gave the operation instructions to the trader.

"Mr. Jiang, if all the long orders are opened, when the 3.27 treasury bonds fall again, we will blow up!" The trader reminded.

"Do you have the final say, or do I have the final say?" Jiang Zeng kindly reminded the trader and scolded him back. Are these things that you can do as a trader?

Jiang Zeng has long known that the 3.27 Treasury bond will raise the discount rate. Therefore, China Economic Development will do 3.27 national bonds. Now the notice of raising the discount rate of 3.27 treasury bonds to 148.5 yuan is already on the way to be issued.

No one can change this result, not China Economic Development Co., Ltd., and even more so Kingdom Securities. Therefore, Kingdom Securities can only wait for the fate of bankruptcy.

The trader was inexplicably scolded by Jiang Zeng, so he had to operate according to his instructions.

In the Shanghai market, in the futures trading room of Kingdom Securities, the management party gritted his teeth and issued the last trading order.

"7.5 million mouths, 147 yuan!"

Wang Fei did not hesitate to operate according to Guan Fangsheng's instructions, and he knew that Guan Fangsheng's instructions were the only way to save Kingdom Securities.

7.5 million mouths! The face value of the equivalent government bond is 150 billion. It already accounts for one-thirtieth of the previous year's GDP.

The crazy operation of Kingdom Securities shocked the entire financial community.

Ye Zifeng They were all shocked by the trend of the last few minutes of the 3.27 Treasury bond on the spot.

If it is settled at the closing price of 3.27 treasury bonds, Ye Zifeng will not only not be able to earn the billion, but will also accompany all the principal of 300 million, and will also owe a lot of money to the futures company.

Now, everyone finally knows why Zhou Yi wants everyone to keep their positions to the end, and this trick is inevitably too big.

And the shock was Wei Wendong of the Shanghai Stock Exchange. He watched the last few minutes of the 3.27 Treasury and almost went crazy.

He knew that this was the masterpiece of Wang Guosei Guan Fangsheng, and he didn't know why Guan Fangsheng did it, but he violated the rules of the game.

The last 7.5 million short orders, the face value of treasury bonds is 150 billion, even if it is calculated according to 10% of the margin, it also needs a margin of 15 billion, even if you think about it with your toes, you can figure it out that Kingdom Securities definitely does not have a margin of 15 billion.

Wei Wendong dialed Guan Fangsheng's phone and asked Guan Fangsheng to come over to see him immediately.

When Guan Fangsheng came to Wei Wendong's office, Wei Wendong scolded him with a scolding face.

"You know, what you're doing? You're breaking the law! Breaking the law, you know? ”

"Am I breaking the law? Could it be that China Economic Development is not illegal, they have long known that the 3.27 treasury bonds will increase the discount rate, so they use their financial advantages to manipulate the 3.27 treasury bonds on a large scale, and they are insider trading! ”

Guan Fangsheng broke the jar and fell, as long as the Zhongjing Kai was dragged into the water, Kingdom Securities would have the last hope of turning around!

"Suspected of insider trading? Do you have any proof? As long as you come up with evidence, I will immediately investigate and deal with it! Wei Wendong was trembling with anger by the manager.

"Evidence? Then you have to find out, everyone knows about it! "The pig in charge is not afraid of boiling water. Muddy the water as much as possible.

"You... You... Wei Wendong pointed at Guan Fang, so angry that he couldn't even speak.

It took a long time for Wei Wendong to slowly calm down.

"The last few minutes of the 3.27 Treasury bond transaction is invalid!" Wei Wendong, who calmed down, threw a * to Guan Fangsheng.

"Why not?" This time it was Guan Fangsheng's turn to jump.

If the last few minutes of trading on the 3.27 Treasury bond are invalid, the outcome of Kingdom Securities will be very miserable.

If the last transaction price of 151.30 yuan is delivered according to the illegal transaction of Kingdom Securities, Kingdom Securities will lose 6 billion.

If calculated according to the current closing price of 147 yuan, Kingdom Securities will earn 4.2 billion yuan, which is the difference of 10 billion.

The net assets of Kingdom Securities are only 100 million, and if the transaction is invalid in the last few minutes, Kingdom Securities will lose a lot of money in the 3.27 treasury bond futures trading. The entire kingdom of securities is not enough to lose.

"Why? Do you know in your heart? Do you have margin for your trades? The last one, 7.5 million, face value of 150 billion, 10% margin, 150 billion! Do you have Kingdom Securities? ”

Wei Wendong's words stabbed directly at Guan Fangsheng's death hole.

If Kingdom Securities had so much margin, Guan Fangsheng would not have taken the risk and traded 3.27 treasury bonds in violation of regulations.

"I don't have that much margin, so why can I trade?" Guan Fangsheng quibbled.

"We're here, it's useless to say it! On your way here, the SFC has called over to ask questions about the last few minutes of trading on the 3.27 Treasury bond! ”

The China Securities Regulatory Commission (CSRC) is the leading supervisory body of exchanges and securities firms, and the CSRC intervened in this matter so quickly, firstly, because the impact of this matter is too great and the situation is bad! Second, China Economic Development is fueling the flames in the back.

Now, Wang Guo's securities are the meat on the board, and they don't have any power to speak at all, they can only wait for the final disposition of the Securities Regulatory Commission.

In Shenzhen, Liu Long was frantically calling Zhou Yi, but he couldn't get through.

"Can't get through?" Wang Xiaowang looked at Liu Long's crazy appearance and asked.

"Can't get through!" Liu Long said helplessly. "However, he called half a time ago and reported that Ye Zifeng had a profit of nearly one billion on his books! He's still asking what to do? ”

"As long as he doesn't close the position, it doesn't matter! Don't say 10 billion, even 100 billion will be zero in the end! Wang Xiaowang said coldly.

He knew that Guan Fangsheng of Kingdom Securities had already pressed all his belongings on the 3.27 treasury bonds, and according to his understanding of Guan Fangsheng, Guan Fangsheng would definitely not be caught with his hands tied, but would fight back.

Guan Fangsheng's counterattack will be fatal! Ye Zifeng, you pray for your own life!

Up to now, Liu Long has not guessed what Wang Xiaowang's last killer weapon is.

3.27 Treasury bonds have the last few minutes of trading time, and tomorrow is the delivery day.

Looking at Wang Xiaowang's steady expression, Liu Long couldn't imagine what else would happen in the past few minutes? If you miscalculate, this is a lot of effort to give away a billion to others!

He began to regret that he didn't follow the 3.27 national debt, and maybe he would make some money to spend. But Wang Xiaowang repeatedly warned him that it was okay to follow the 3.27 treasury bonds, but it should be done in moderation, and he was so scared that he didn't dare to follow the 3.27 treasury bond futures.

But he watched the 3.27 Treasury bond trade in the next few minutes, and he was terrified. Especially when the last empty order of 7.5 million mouths directly hit the price of 3.27 treasury bonds to 147 yuan, he understood why Wang Xiaowang was full of confidence.

Zhou Yi told him that Ye Zifeng's position cost, if 147 yuan is closed, Ye Zifeng will lose all his capital, not only will he lose all the 300 million principal, but he will also owe a lot of money to the futures company.

Channel: This is Wang Xiaowang's killer feature? How did he do it? This is not something that ordinary people can do! If you do it wrong, the end will be very miserable!