Chapter 996: One Hundred Times Leverage!
Short Selling!
Dong Ming only felt that his scalp was about to explode.
A cold current rushed straight to the door of the brain.
Su Chen actually planned to short sell the 'U.S. stock market', is he crazy?
This is the enemy of the market!
Of course, Su Chen is not crazy, he just foresaw the future of the market!
The U.S. stock market has reached a historic high.
This is an extremely dangerous price range.
But the mood of the market is good, and everyone is waiting for his price to sprint to higher heights.
But there are also some smart people in the market who are starting to worry about whether the stock price has gone too high.
But this is only a very small number of people, and it cannot shake the overall situation.
Even if they already have the intention of selling short, they dare not rashly become enemies of the market.
Because in the market now, there is not even a little bit of correction sentiment.
No one thought the stock market was going to crash.
Therefore, even the wisest stockbroker is not sure that the stock market will collapse, and it is said that it will collapse in the near future.
It's like a fantasy!
It's just that Su Chen has already seen the future!
The stock market is like an iceberg, and the market value evaporates like invisible and impenetrable water vapor!
Su Chen's decision to short sell the U.S. stock market is very resolute, and it can even be said to be unreasonable!
Su Chen didn't give Dong Ming a reason.
Even if Dong Ming wanted to break his head, he couldn't guess why Su Chen was determined to short the U.S. stock market, and firmly believed that the U.S. stock market would collapse.
At least with his years of experience, he can look at the market sentiment objectively and rationally.
The U.S. stock market should still be on an upward trend.
It's just that he still doesn't have the guts to continue to buy 'U.S. stocks rising' in this situation.
After all, his current position is too high, he is not a gambler, he is a professional financial practitioner.
Therefore, for the sake of risk control, it is impossible for him to continue to buy stocks in this position.
Even if he wants to buy, he will do a good job of hedging.
This is the minimum level of professionalism.
But Su Chen is different.
He didn't bother to do any hedging at all.
He clearly knows that the market is going down, or it is going to collapse.
So what else does he have to control, hedging?
And Su Chen not only plans to short the U.S. stock market, but also intends to use leverage!
John was sent by Suchen to question James.
After hearing the news, James personally rushed to the big trading room where Su Chen was.
"Dear Mr. Su, what kind of investment are you going to make, and what percentage of leverage do you need? With the strength of our company, we are fully able to provide you with the best service in the industry......"
"I'm going to do the U.S. stock market, well, if I'm going to borrow and lend securities, what percentage of leverage can you give me?"
"Well, under normal circumstances, we will provide customers with 5 to 20 times leverage, but for large customers, we are not so strict about this."
James thought about it for a moment: "Dear Mr. Su, if you need it, we at Black Rock Group can provide you with no less than fifty times the leverage service." ”
"Then I wonder what is the maximum leverage that your company can offer to customers?"
"The highest?" James hesitated, but said, "Two hundred." ”
"But this requires our company to have a good reputation and enough funds......
"Oh, I don't know Mr. James, can I borrow a high enough leverage from your company with $100 million as a guarantee?" Su Chen said.
"Are you going to use all of this $100 million as 200 times leverage?"
James cautiously asked a question, and also received an accurate answer from Su Chen.
"That's right, I'm going to use all the 100 million dollars as leverage to leverage my investment this time."
"Hiss......"
Even James, who was accustomed to seeing strong winds and waves, couldn't help but gasp when he heard Su Chen's words.
Crazy!
It's crazy!
100 million US dollars, 200 times leverage, is enough to leverage 20 billion US dollars of capital operation.
But it's too risky!
If the fluctuation exceeds 0.5 percent, Su Chen's 100 million US dollars will be forcibly out of the game!
If the fluctuation is slightly larger, then 0.2.
Su Chen immediately owed the Black Rock Group 40 million US dollars!
But the volatility of the market is much more than that.
So James thought about it a little and chose to break Su Chen.
"Mr. Su, this is too risky, 100 million US dollars, 200 times the leverage leveraged funds are too big, I can't call the shots to open the authority for you."
"Then how many times can you open leverage for me?"
"Eighty...... A hundredfold! A hundred times at most! James looked at a check that Su Chen handed him, and he didn't hesitate to change his words and report his greatest authority.
100x leverage!
This is his greatest authority, and it is the first time in his history as head of the exchange.
That's too much leverage!
But for the sake of a million dollars, he chose to help Su Chen.
Even if Su Chen really loses, it will be Su Chen who will be unlucky at that time, not him.
This lever was requested by Su Chen himself.
"But you'll have to sign a risk agreement with me!"
"Okay, no problem."
……
With the help of James, the head of the exchange, everything is much easier.
In just 40 minutes, Su Chen took care of everything, invested all his funds in the stock market, and bought the 'S&P 500 Index' on a large scale.
At this time, the S&P 500 index reached exactly 3384 points.
It's only 16 basis points away from 3400.
When Su Chen ordered Dong Ming to short sell the S&P 500 index, the S&P 500 index instantly began to increase by 3385 and 3386......
In the blink of an eye, the S&P 500 index rose by 0.03% in an instant.
Su Chen, who bought with 100 times leverage, also lost 30 million in just a few tens of seconds!
The price of the S&P 500 index is also fixed at 3394.78.
Dong Ming, who was in charge of trading, only felt that his sweat was about to soak his clothes.
The pressure he was under was just too great!
30 million US dollars, converted into 210 million Chinese coins!
"Boss Su, this is too risky, your 100 times leverage, but if there is a fluctuation of 0.07%, according to the rules, the securities company will directly close your position."
This business is not the biggest order he has received in his life.
But definitely the most exciting.
Lost $30 million in just a few tens of seconds.
Maybe a sudden small pull up is enough to make Su Chen directly liquidate!
A hundred million dollars may only be enough to play for a few tens of seconds.
The reason for this is naturally because Su Chen played too much!
A full hundredfold leverage!
Even if it is a billion dollars, it seems so small and helpless under this huge leverage.
But in the face of a loss of 30 million US dollars, Su Chen's face did not change.