587 Follow the trend
At this time, the most uncomfortable thing in the world futures market was the Tokyo Exchange customers.
Because they can only be spectators, even if they were originally players.
It is extremely depressing for players to watch but not play.
Not to mention New York, the United States, even the copper option trading in London caught up with the tail, but they had the chance to stage the final madness within fifteen minutes. Seeing these, the futures traders in Tokyo were so anxious that they jumped.
They can only worry and watch others have fun.
Because at this time, the Tokyo futures exchange was closed.
These people are all cruel and are in a state of depression and unwillingness to place orders!
Although these orders cannot be traded now, they can be executed immediately when the market reopens.
Because their hearts are depressed, they all have to vent and do something to relieve their hatred.
Therefore, the orders placed are all irrevocable orders.
What it means is that I originally wanted to implement my plan at that time, but the market was closed and I could not achieve it. So the order I placed was the same as the idea at that time, but the time was delayed.
Of course, only one party can’t do it. The formation of the market is between the buyer and the seller. Only one seller has insufficient orders and must have a buyer’s order match to achieve it.
However, this is not a problem.
Because if there were no such buyers, even if the market opened at that time, there would be no buyers, and I would still not be able to achieve this.
Those Tokyo players all understood the truth, so they placed extremely large orders, all selling seller's options.
In other words, they can receive money. As long as the delivery date price is equal to or lower than the agreed price, the money they sell options becomes their profit.
Because there are too many people who want to be seller options, many people start creating new option contracts.
Anyway, it is not a timely transaction in the market, and they are not too anxious. Founder can leave the market negotiations, exchange opinions, etc., as long as everything is done before the next market opening, and orders are placed.
In fact, their transactions can be exchanged without going to the futures market, and then settled according to the results.
But the biggest limitation is not worrying about not keeping your promise, but about not having a buyer.
Because everyone is watching the same market changes and feeling the same opportunity, they all think that as long as they can be sold, the more they sell, the more they earn.
Everyone sells it, but no one wants to buy it, so it becomes a one-sided market.
So they couldn't solve the problem internally, so they had to go to the futures market and wait for those fools who had different ideas to be fooled and gave them money for nothing.
In this way, although the Tokyo Exchange was not open and the irrevocable seller's orders accumulated with an extremely fierce momentum, it actually reached a scary height in less than an hour, exceeding a contract of 100,000.
However, they are still relatively reliable, and the selling price they want is relatively low, only 10 cents, and the agreed price has also been adjusted accordingly, only 1.5 US dollars per pound.
Unlike the Tokyo Exchange, the New York Exchange is now very lively.
Unlike London and Tokyo, where they have few local users, and there are not many international customers, the New York Futures Exchange not only has many local customers and strong capital, but also has various households around the world to speculate here.
The most important attraction is that this exchange is grand enough and has few restrictions, so you can let go of your hands and feet.
Therefore, the New York Futures Exchange, which is said to be an American exchange, is essentially a global futures trading theory.
For example, Peru and Chile in South America are its major customers.
In addition, China Minmetals' headquarters in South America is also a major customer.
Therefore, the news that CBS's copper mine has been rich, and the New York Futures Exchange has suffered the biggest impact.
This cbs is nothing else, it is the copper mine of Tong brother Tong brother.
With industry, of course they can no longer continue to use that natural combination as their name, so cbs became the company name of the two brothers.
Among them, c is copper, in English; b is brother, in English, and s is the plural noun of brother, representing the meaning of two brothers.
Therefore, cbs, it is still the bronze brother.
Before this, the US futures market had continued to decline, from the spot price of 2.5 per pound to 1.5 US dollars. At this price, many people have already no fantasy about the bull market.
Since the price has no chance of rising, then you can never go back to $2.5 per pound.
Not to mention $2.5, even $2 is hard to reach.
At this time, whether it is a sell option with a price of US$2.5 or US$2, it becomes a money-making machine!
As many people want to buy, they want to sell!
If necessary, the seller can form a new mixed contract in various ways to meet the buyer's needs and make more money for himself.
For a market, the real contract based on actual supply is limited. For example, the annual output of the world is 1 million contracts. Even if all these contracts are on the futures market, they are only one million.
Besides, there is a considerable part of it that is not at all.
Therefore, before the CBS shock wave arrived, these seller options based on actual output had long been sold out.
Those who can continue to sell are those contracts that have already broken away from the futures foundation.
In other words, they are all contracts created by investment managers’ funds.
Since their expertise is in such an investment field, they have the right to legally create these contracts. Of course, in their terms, the investment opportunities they provide at this time are opportunities to make money.
As soon as they came up, they immediately stimulated the New York futures market to a new hot spot!
If it turned out to be so hot, it was completely boiling now!
For example, an investment tycoon is called "Rebirth of Lehman Brothers". I don't know if it is related to the Lehman Brothers that have faded out of the market. Even if it is related, I don't know what the relationship is. Anyway, it's a grand and magnificent style. They only have 100,000 contracts from their own family!
The agreement price is 1.5 per pound, and the options are sold for 10 cents!
This huge number of contracts was naturally swallowed up by countless consortiums!
Immediately afterwards, the Morgan Consortium went up and even made a huge deal of 200,000 yuan!
All terms and requirements are exactly the same as those of "Rebirth of Lehman Brothers"!
Nudu hesitated for a moment, remembered Qiao Zhi's instructions, and ate it in one bite!
The giants have taken action, and those small and medium-sized investment management companies will naturally follow suit, because of their investment principles and the golden rule of all investors, that is, they are following the trend.
Follow those big zombies!
The sky fell and the big one was holding on!
Even if you are wrong, following the giant is the best reason to make mistakes, and no one will hold on to you anymore!
(To be continued.)
Chapter completed!