The joy of having money, you can’t imagine

“Mr. Jiang, you can be counted here, now I, worried, can I still sleep?”

Xing Liangce showed a wry smile on his face, Jiang Chen can be indifferent to tens of billions of funds, he can’t.

From last night to now, every step of the operation, he is terrified.

Not to mention sleeping, he felt that he was about to have a brain breakdown now.

“How’s it going?”

“Bought is bought, but there seem to be a lot of bulls on U.S. stocks now.”

“Then it’s not urgent, you go to rest first, if you can’t use two sleeping pills, I’m staring here.”

Xing Liangce: “…”

My boss, you can have a snack, I said, now there are many bullish people, how can you be so indifferent?

Jiang Chen smiled and did not speak, of course, there are more bullish people, otherwise, why are there always a few people who make money in the futures market?

In fact, it is commonly understood that stock index futures are price guessing games with stock price indices as the object.

You can buy both bullish (term: long) and buy down (term: short), bullish people are called long, bearish people are called shorts.

Then calculate the profit and loss according to the price of X yuan for each index point, and the long profit is X yuan for each point of the index rise, while the short loss is X yuan.

Conversely, for every point the index falls, the short makes a profit of $x, while the long loses $x.

This X yuan/point is called the price multiplier, and the price multiplier of countries around the world is inconsistent.

The price multiplier of the Mi Guo Dao Jones Industrial Index purchased by Jiang Chen is 25 US dollars / point, and in the imperial exchange, it is 175 yuan Chinese yuan.

At present, the specific number of points of the index is 18,000 points, and then multiplied by 175 yuan per point, the actual price of each lot is 3.15 million.

However, because of the margin system, futures trading naturally comes with leverage.

Users only need to pay a certain percentage of the margin, and can conduct transactions that far exceed the amount of their own funds.

On the imperial exchange, the margin ratio is 10% of the total value of the contract.

In other words, Jiang Chen only needs to pay 3.15 million Chinese dollars, and can hold one lot of Dow Jones stock index futures contracts worth 30 billion and 15 million.

With a total fund of 10 billion Chinese dollars, divided by the unit price of 31.5 million per lot, Jiang Chen should only be able to hold 31,746 lots at present.

However, in the futures market, there is another thing, that is, “leverage”.

As long as the corresponding amount of over-the-counter capital can be found, the leverage can continue to increase on top of the original leverage ratio.

For example, Tianrui has 10 billion principal, if a matching company is willing to pay another 10 billion to you to operate, the leverage ratio will be directly doubled.

But correspondingly, your risk doubles.

Because the matching company or bank does not bear the risk of the futures itself, once the value of the contract you hold plummets.

When it falls close to or even reaches the allocation amount, they will forcibly close their positions and take away their own allocation.

In a sense, the so-called capital allocation is more like a special short-term loan.

And Xing Liangce, according to Jiang Chen’s orders, after bearing the tenfold leverage attached to the Imperial Stock Exchange based on the margin system itself, he doubled again.

With twenty times the total leverage, he actually holds more than 60,000 contracts.

Jiang Chen slowly walked into the hall, Xing Liangce did not really run to sleep, but directly introduced to a middle-aged man with very thinning hair:

“Mr. Jiang, let me introduce to you, this is Manager Cao Hongwei Cao of the Modu Bank, and he is responsible for providing our matching this time.”

“Hello.”

Jiang Chen gently stretched out his hand, he could decide the flow of funds in tens of billions, even in the rich Magic Capital Bank, this person was not a simple figure.

“Ginger is always good.”

Cao Hongwei immediately stood up from his seat with a smile on his face.

Even in the imperial exchange, a list worth tens of billions is not very common.

Even though the contract with Tianrui was signed according to the minimum matching interest (1/1,000 per day, that is, twice the loan interest rate), his commission was still millions.

You know, this is just one day.

If Tianrui stayed in the futures market for dozens of days, maybe he could think about Tomson Yipin’s house.

After Jiang Chen and Cao Hongwei exchanged a few words, that is, a commercial blow-up, Xing Liangce continued to introduce to the people in the hall.

“Cao Da.”

“Shenjing.”

“Gao Zheng.”

“Wang Wenxuan.”

“Yu Xinshi.”

“These five should be regarded as one of the top traders that the imperial exchange can find, and the total amount of money that each person has handled in the past has exceeded 30 billion.

Among them, Shen Jing and Wang Wenxuan have also operated a single market with an amount of more than 10 billion, and they are star players. ”

“Especially Shenjing, known as the rising star of the Imperial Exchange, there are many big bosses in the back, and he has also opened a small company.

Some of the past success stories can even be put into textbooks. ”

“Please come to him, I have wasted a lot of effort.”

Xing Liangce introduced one by one, and Jiang Chen nodded secretly.

The resumes of these five people, one by one, especially the Shenjing, even a person who is not very knowledgeable has heard of him.

However, he actually does not have high requirements for the quality and resume of the trader, as long as he is familiar with the relevant process and his hand speed is fast enough.

Because he knows very clearly how the future will develop, he does not need to judge the expected direction through the trader.