Urban: I Am God

Chapter 324

"Quick! Start!" When the Malaysian financial department saw more than a dozen short-selling orders appear, the person in charge here broke out in a cold sweat.

Just now, the other party has been killing the hot money who have made a lot of money for so long, and now there is still such a terrifying power. Does it mean that there is a new power to attack?

But whether they have it or not, they have to make a move. If they don't make another move, the exchange rate will drop and it will be really difficult if they want to come up again.

The Malaysian government immediately began to use foreign exchange reserves to quickly enter the market to control the speed of short selling. Their foreign exchange reserves quickly began to go long, and they used US dollars to buy ringgits in short hands to stabilize the exchange rate.

They don’t dare to use too high leverage, they all maintain a leverage of 1:10, $10 billion is equivalent to a $100 billion order, under such leverage, the margin is 10%, if the other party instantly puts all your order directly If you eat it, the exchange rate will drop by 10% directly. If you do not pay enough margin, you will instantly liquidate your position.

This is the so-called forced liquidation. Once the position is forcibly liquidated, your $10 billion margin will be lost in an instant. But in such a large-scale operation, it is impossible for them to leave too much margin in each account, because if you leave too much margin, the accounts you can operate will decrease, and the range of operations you can operate will be directly leveled by the enemy.

How to maintain a suitable margin amount is a matter of knowledge, which is why many people say that financial speculation is even crueler than the battlefield! In it, billions of dollars are lost in minutes.

At this moment, the Malaysian government has invested 30 billion US dollars in foreign exchange reserves to maintain stability, and more funds are ready to enter the market at any time, but their foreign exchange reserves are only about 120 billion US dollars, which is already a quarter of all their foreign exchange reserves. .

But what they didn't know was that the reason why Tian Zhong scattered firepower and used part of his funds to do more was to collect ammunition.

The premise of short selling is that you have enough ringgit in your hand to buy. In fact, the ringgit and dollar in the foreign exchange market are like goods. If you have enough ringgits in your hand, you can sell ringgits at a low price, and at the same time sell short, the exchange rate will be lowered, so that your short-selling order will be completed.

There is still an hour before the market is closed, and the exchange rate of the ringgit seems to have stabilized, but what no one knows is that at this moment, with the assistance of a huge supercomputer, Tian Zhong has collected enough ammunition here.

"Everyone pay attention, after three minutes, let's start collectively, I want to make their accounts liquidated in the shortest possible time!" Tian Zhong said in a deep voice.

Following Tian Zhong's order, the entire network seemed to be ready to go. Three minutes passed by in a flash. When the last second of the three minutes skipped over, the traders of the Ministry of Finance of Malaysia, who had just breathed a sigh of relief. He slumped on the chair, the situation was too tense in the morning.

But a trader just slumped on his chair when suddenly, dozens of short ringgit orders popped up on the foreign exchange market.

"Quick! There are a lot of short selling operations!" The trader screamed directly. In the tense atmosphere, even his voice was slightly deformed.

"The position has entered the cordon! New funds are needed to enter the market soon!"

"Quick, quick, increase the margin! Each increase by 20%!"

"It's too late! The other party has eaten all the orders... It's over!" As a trader lost his mind for a while, his account was directly on the verge of liquidation, and the margin was insufficient, and the system was forced to close the position.

"Quick! Other accounts increase the margin, double the margin!" The person in charge above shouted loudly.

The keyboard continued to crackle, and the atmosphere in the entire hall was as frenetic as gunpowder.

"I am done!"

"I'm about to explode here! Quick!"

An hour passed in a flash, and when the market was finally closed, all the traders slumped on the chairs, everyone was relieved, but soon, most of the people's faces immediately turned into a look of sadness. expression.

Because most of their accounts, at least more than half of them were directly forcibly liquidated! Although a part of it was saved! But when the market closed in the morning, the exchange rate fell by more than 18% compared with yesterday! This means that they lost a lot!

"How much did you lose?" Standing on top, the person in charge asked in a hoarse voice.

"Our accounts that have been forcibly liquidated at present totaled 28.7 billion US dollars, new positions and increased margins, and the current losses plus the foreign exchange reserves used are 63.2 billion US dollars!" The assistant next to him immediately swallowed his saliva, and then said nervously. road.

Half of the foreign exchange reserves just disappeared!

"Master, we have temporarily achieved a staged victory." Tian Zhong said with a smile.

"Oh?" Hu Fei was actually a bystander here, but the few people in charge of the operation couldn't help but cheer, and Hu Fei knew that he had won.

"How much did you earn?" Hu Fei couldn't help asking.

"The current profit of 24 billion US dollars, of course, does not count the funds we put in it. If we count the funds in it, these are not profitable." Tian Zhong said with a smile.

It was because Hu Fei was used to seeing terrifying funds, but he couldn't help but take a deep breath. In just one morning, he made a profit of 24 billion US dollars? What the hell! How much did Soros make in 1997? Of course, in 1997, Southeast Asian countries didn't have so much foreign exchange reserves~www.novelmt.com~ and Soros didn't have so much capital at that time, but it was precisely because of this that Soros was so powerful, and Soros's funds at that time also But it is more than 20 billion US dollars, but the funds of more than 20 billion US dollars have literally moved the foreign exchange markets of all Southeast Asian countries, and almost sheared the foreign exchange reserves of Southeast Asian countries.

In the end, Japan and South Korea were all unlucky. If Xiangjiang was not backed by China, Xiangjiang would not have been spared. How could it be possible that they won in the end, and Soros and the others suffered a loss and ran away.

And the reason why Hu Fei was able to achieve such a terrifying effect in such a short period of time was because Hu Fei had too much money in his hands.

Not to mention that Soros had so much money from Hu Fei back then, even if Soros had a $200 billion fund that year, it is still unknown whether Hong Kong can withstand it.

No wonder the financial battlefield is so terrifying, Nima, one morning. It made a profit of 24 billion US dollars... When the Soviet Union disintegrated, it is not surprising that trillions of dollars of assets were divided up.

But it was only halftime.

Hu Fei was full of jubilation here, but the Malaysian government was already full of dark clouds. Mahat's face was gloomy and ugly. He never thought that even if he used foreign exchange reserves, he would still not be able to resist the opponent, and he would explode directly in the middle of the opponent. After a wave of positions, it means that they have less money in their hands, but the other party has more money!

Under such circumstances, Mahat couldn't help but think of the words that Hu Fei brought back, "The value of these companies is very good, if you have any funds that you can't turn around in the future, you can come to me, I don't Mind buying those shares back.”

Now that I think about it, this is a blatant warning!