The huge pressure enveloped Hirano Hideto's heart and continued to accumulate so that he could no longer bear it.

Just as everyone was focusing on the electronic disk and guessing the reaction of the electronic disk, Hirano Hideto stumbled to the side of the platform, facing his seat, and gestured.

The newspaper deliveryman immediately ran over and sent all the information they had collected just now to Hideto Hirano.

Heino Hideto took it and looked at it with a glance.

The content on paper is simple and comprehensive, basically including all the latest confirmed news: the judgment of the reserves of Aqijiu oil field, the judgment of the output of Aqijiu oil field, the judgment of the quantity of spot crude oil accumulated by Dahua Industrial, and in addition, there are also the analysis of crude oil reserves in the Caspian region made earlier by relevant financial research institutions, as well as the judgment of local crude oil production.

This information is difficult for traders to see when prices are manually called out, because trading is so frequent and dense that they cannot read materials except for important matters. However, traders participating in electronic trading, that is, "traders", are not the case. They can read whenever they want to sit behind the computer.

Therefore, electronic disks and artificial disks in the field seem to do the same and similar things, but due to different methods and regulations, they often lead to completely different results.

In some speculative activities with less volatility, the direction of electronic and artificial disks may be exactly the opposite.

In speculative activities with greater fluctuations, the two are more likely to promote each other and generate greater fluctuations.

There was a golden light in front of Hirano Hidetoshi.

It seems like a dim future is emitting all the light.

Hidetoshi Hirano pinched the neckline of the newspaper deliveryman and said in a bad voice: "What about the news from the trading company? Where is the instructions from the trading company?"

"The trading company has no new instructions." The newspaper delivery officer is usually the first step to becoming a trader, and is considered to be a person who understands the futures market. At this time, this British-Japanese man can't help but feel sad.

The superiors are good at shirking responsibilities. Under the premise that the situation is irreversible, no one will give Hirano Hidetoshi new instructions.

He was like a commander who was sent to the front line to snipe the enemy. He accidentally discovered that the number and firepower of the enemies were far more than expected, and friendly forces formed a formation to protect themselves and were unwilling to support each other... Despite this, he still had to be punished for retreating, and he could not complete the mission, and he would still be punished if he suffered too much loss.

A hint of enlightenment arose in Hirano Hideto's heart, slowly loosened the neckline of the newspaper deliveryman and said, "I understand, who is operating the electronic disk?"

"Kudo trader."

"Kudo Daisuke is a junior trader, right? Where are Hasse traders and Hirota traders?" Although they are both novices, Hirano Eichiro was delegated from the consortium headquarters and has the experience and qualifications to use high funds. He was promoted to an intermediate trader and had complete trading authority. However, Fuji Daisuke, a junior trading employee who was promoted locally, is not so lucky. He has to go through at least three thresholds for delivering newspapers, trainee traders and junior traders to touch the edge of the intermediate trader. Moreover, only when he always shows good performance and stop loss ability, senior traders will give him a high amount of authorization.

In other words, the junior trading employee Daisuke Fuji is currently not qualified to use funds independently. All his actions must be carried out according to the design of senior traders.

Sumitomo Trading is a super consortium that has 6 seats on the London International Petroleum Exchange alone, and two senior traders are responsible for each. Only they can decide Sumitomo Trading's strategy in electronic trading.

The newspaper deliveryman said uncomfortable: "Hase traders and Hirota traders are both making phone calls in their offices."

"What phone call is made at this time..." Hirano Hideto cursed gritting his teeth, knowing that these two guys would not come forward. If it were him, he probably wouldn't have appeared now.

"Please work hard." The sender lowered his head, turned around and ran away.

Hirano Hideto closed his eyes, took a deep breath, and turned back to his battlefield.

The opening of the electronic market does not mean that the manual market is closed. By the afternoon, he still has a lot of transactions to do.

A trader rushed up and raised the trading card higher than his head.

As usual, Hidetoshi Hirano adopted a slow trading method, but the oil price quickly fell at just twice the speed.

In just 10 minutes, oil prices fell below the $17 mark, down $1.22, close to a 6.7 drop.

For most traders, even if they don’t reach the stop loss line, it’s almost too soon.

Unlike the crude oil futures market more than 10 years later, the two major oil exchanges in the mid-1990s had significantly slower trading frequency and the transaction amount was far less than that in the crude oil exchanges after electronic trading became mainstream. Even if the fluctuation of around US$1.5 was great, throughout 1993, the price of crude oil rarely fluctuated more than US$2.

This also includes many major backgrounds such as expected OPEC production cuts, strong recovery of the US economy, and maintenance of the North Sea oilfield.

If Hirano is an executive trader who is an intermediary, he will wait and see if he doesn't sell short now.

But he is not.

He is a proprietary trader who uses the company's own funds to trade. If the oil price collapses, the long positions accumulated by long positions a few days ago, coupled with today's payout, the losses will probably make the trading company headquarters frightened.

Hideto Hirano had no way to go, so he couldn't help looking up at the Sumitomo seat on the second floor, gritting his teeth and thinking: Since you don't speak, you're going to let me continue buying and see who can't stand it first.

Looking back, Hirano Hideto simply accelerated the payment.

As his proficiency increased, the transaction volume in the artificial pool also increased a lot, and the vulture Milton was even squeezed outside, with traders from all sides waiting to be fed.

As the only active multi-business in the manual price trading pool, Hirano Hideto is the "mainstay". If it weren't for his resolute actions, the oil price might have dropped by $16. Whether it was for self-protection or wait-and-see attitude, two senior traders from Sumitomo had not come forward. A few days ago, it was Hirano's idea, but they all agreed. In an institution such as the senior trader in the exchange, oil prices fell sharply, which was a disaster for Hirano Hideto, and they were also the same for senior traders.

Hideto Hirano was willing to jump out to block the thunder, so how could the two of them stop it?

However, it is still a bit difficult to digest the new news of an oil field with a daily output of 150,000 barrels.

The futures markets are all forward contracts, such as 9408 is the crude oil delivered in August 1994, 9409 is the crude oil contract delivered in September 1994, and 9410 is the crude oil contract delivered in October 1994. Traders who have worked in crude oil futures know that a newly discovered high-yield oil field will definitely increase production in two or three months, not to mention that the Azijiu oil field is just one of the 11 unprecedented oil fields released by Azerbaijan, and Azerbaijan is one of the unprecedented Caspian oil-rich regions.

The association brought by this cannot be resolved without hundreds of billions of dollars.

Sumitomo Trading Company can certainly provide this money, but Hirano's authority is only 2 billion US dollars.

Even this 2 billion US dollars is used without permission, so he must put a list after the end.

With a slight calculation, his ammunition was consumed even by this resistance, and Hirano Hidetoshi had to pretend to be unpredictable and profound.

At 11:45, Hirano Hideto breathed a sigh of relief, and the transaction in the trading pool was paused for more than ten seconds.

Then, the 9410 contract on the electronic screen fell, dropping 20 cents.

It was just this that Sumitomo Trading Company lost US$20 million in books in an instant.

At the same time, $16.68 also reached the stop loss line of Enron trader Gret.

Stop loss is the life of traders. Financial companies are willing to endure all kinds of weirdos from traders with huge pressure. Like ikill, take a weekly flight from Paris to London to work? Yes, reimbursement based on transportation fees. Learn from Rockefeller to collect beetles? No problem, any employee who dares to scream will fire him. Repair watches like Clemis Pangler? OK, the employee who thinks it is noisy wears headphones themselves.

Only stop loss is a high-voltage line that no financial company allows traders to trample on.

If the level is not enough, the funds will be lost. If you don’t do a stop loss, the Bahrain Bank is lying on the corpse.

Anron trader Grant glanced at the electronic screen around his waist, and after confirming the order, he placed his right hand flat, and gestured twice under his neck as if he was cutting his throat.

This is the meaning of "closing position".

Grant showed a sorry expression and shook his head to Hidetoshi Hirano. He did not sell the contract at hand above the stop loss line, which was already the greatest support. The company's upper-level company was unwilling to lower the stop loss line, so he could only make a decision to close the position.

A second later, Hirano Hidetoshi realized that Enron Company had withdrawn from many parties, and his eyes suddenly turned red.

Enron holds at least US$300 million in crude oil contracts and sells them in one go, which will hit the market with a fatal blow.

The most important thing is that there are no one to take over now, and Hidetoshi Hirano is almost the only active bull in the market.

Occasionally one or two sales traders place orders for customers, and the amount is not enough to swallow hundreds of millions of dollars in contracts.

The curves on the electronic screen, from 9411 to 9408, flicked one after another, especially the 9410 contract, dived directly to 16.12.

Hidetoshi Hirano could not allow the oil price to fall below $16, so he took over with his nose. In this round of trading, the oil price actually rose slightly and returned to the price of 16.34.

However, Hirano Hidetoshi's funds were about to run out.

Hideto Hirano looked up again and looked at the second floor. He had great hope that the price of 16.34 per barrel was the entire capital needed to digest the Azijiu oil field.

Hirano Hideto closed his eyes as if he was praying.

When I opened it again, I saw Milton, the tall bald European, smiling like a vulture.

"This is how Vulture Milton comes from." Hideto Hirano moaned, but no one could hear it in the noisy trading pool.
Chapter completed!