Rebirth of the Financial Overlord

Announcement from the Osaka Exchange: In order to curb speculation and stabilize the orderly development of the securities market, starting from July 15th, the Nikkei 225 futures margin will be increased by 300%, and the handling fee will be increased by ten times on the original basis. Investors cannot trade in a single day. More than ten strokes.

Upon receiving the news, Shen Jian immediately scolded his mother. As a hanger, he is very clear about the trend of the Eastern Stock Exchange. In the original trajectory, the Eastern Stock Exchange collapsed and went all the way down to 7,000 points. From the current 17,800 points, it has fallen by more than 10,000 points. Such an Eastern Stock Exchange, such a Japanese , just sell and sell.

Sell ​​it for money.

But now the exchange has issued an announcement, not to mention continuing to increase positions, even the current positions have to be forced to liquidate.

Because the deadline on July 15 is the delivery date of the current Nikkei 225 main contract, contracts after 08 can only be traded ten times a day.

Ten strokes, what a fart.

In the office, Shen Jiannan looked at the faxed documents and cursed.

William was also speechless for a long time.

The new regulations of the exchange may have little effect on retail investors in stock index futures, but with the scale of company-level position holdings, they cannot survive in the market at all.

Kaiping only has ten hands, and he is still playing chicken.

"Boss. Is the Securities Bureau crazy? Doesn't this mean giving up the market that was so hard-won to Singapore?"

Shen Jiannan didn't know what to say.

Although the securities market is also a zero-sum game, there are still differences after all. Precipitated funds and capital exist in different ways. The market value evaporated from the stock market is actually the total scale of currency circulation. The company's market value has shrunk, personal wealth has shrunk, and the corresponding money has actually been wiped out.

But the futures market is different. The futures market is a complete zero-sum game. No matter whether the market goes up or down, it is a left-right fight after all, and money flows from one side to the other.

What the fuck. No expense spared to make way for the dollar.

"Damn it!"

"What do we do now?"

"."

What else can I do!

Salad.

On July 1, affected by the latest regulations of the Osaka Exchange, the Tokyo Stock Exchange, which had been consolidating continuously, finally responded. As soon as the market opened in the morning, it jumped down by 200 points.

Because logically speaking, the profits of major securities companies mainly come from handling fees and position limits, which means that all major customer positions will be liquidated, and they will lose customers forever before the trading rules are changed again. The company is undoubtedly the biggest bad news.

As soon as the market opened, the stocks of major securities companies were sold off.

Like the defensive positions of the trenches, the gaps affected by the new regulations immediately set off a series of chain reactions.

Dai-ichi Life Insurance, Securities Investment Department.

As the largest insurance company in Japan, life insurance has always had abundant cash flow. In order to preserve capital and maximize profits, it is undoubtedly a good choice to make profits in the capital market.

But the market is risky after all. As the most professional financial company, it is the best choice for the market to design arbitrage product portfolio and stable income.

In order to avoid unavoidable systemic risks, the investment department holds a forward hedging position of the Nikkei 225 contract while holding a large amount of securities assets to avoid market systemic risks.

Now, however, exchange rules mean that hedged positions held by firms are being liquidated.

There is simply no choice.

"Aeon Holdings, cut its holdings by 10%."

"Mitsui \u0026 Co., cut them all."

"Passenger Railway, reduce positions by 15%."

"."

Department of Public Pension Investments.

Koji Oda looked at the faxed exchange announcement and was speechless for a long time.

Losing the risk hedging on stock index futures, the investment portfolio must be adjusted in the current domestic environment. Public pensions are related to the pension issues of all people in Japan, and there must be no loss.

Picking up the phone, Oda Koji dialed the extension of the trading department.

"Reduce the holdings of bank stocks, and notify Mr. Ben'an so that he can rush to Singapore."

As soon as Dai-ichi Life Insurance, Public Pension Investment Department, Sompo Holdings, and the Osaka Exchange announced their announcements, all capital in Quan Nihong moved into action. Adjust the product portfolio, reduce the scale of domestic securities asset holdings, and transfer domestic futures positions to the Singapore Exchange.

Tokyo, Stock Exchange.

Kikumaru Yamaguchi stared at the big screen in the central area, completely stupefied. The Topix index, 16330, fell 1,500 points, and the passenger railway fell 13%.

Because he works in a bank, Kikumaru Yamaguchi knows that the bank has a lot of bad debts, so he deliberately avoided bank stocks when he increased his position. However, he never expected that the passenger railway with the most stable income and the most stable profit would also plummet.

Didn’t everyone say that the market fell because stock index futures could be sold short? Why did the market plummet again when stock index futures were restricted? Why is the passenger railway with the most stable profit and no possibility of loss, but it also plummets!

Looking at the dazzling green on the screen, Kikumaru Yamaguchi felt the malice of the world.

Once bought, it will fall.

I only covered up my position yesterday, but today it plummeted. It's like someone is staring at my money and deliberately against me. It's like, I just got the money from the bank and was robbed immediately.

"Why is this happening?"

Kikumaru Yamaguchi looked at the screen in the central area, murmuring in his heart blankly.

It was clearly at the most critical support level of the golden section, and the trend was showing signs of going up, but it suddenly collapsed.

A deep despair surged, like a wooden stick as thick as a fist hit his head hard, and Kikumaru Yamaguchi's mind went blank.

In order to make up for the previous losses, Kikumaru Yamaguchi used his position to temporarily embezzle 16 billion to cover his positions. As long as he rebounds by 25%, he can almost recoup and fill in the previous accounts.

But now, everything is in vain.

In a daze, Kikumaru Yamaguchi walked out of the exchange, and it was impossible to fill in the shortfall of nearly 10 billion.

It's over!

In Tokyo in summer, the temperature is already very high. When the sun shines on your body, you can feel a burning sensation, but when walking on the road, Kikumaru Yamaguchi can’t feel the warmth of the sun at all, only the coldness that enters the bottom of your heart. The cold winter nights of a snowstorm are even colder.

Nearly numb, despair hit Kikumaru Yamaguchi's brain. Walking on the road, countless thoughts seemed to flash through his mind, but he didn't seem to think about anything.

The market has crushed all his beliefs and thinking, and everything has been completely destroyed in this crazy market.

Ring ring ring————

The mobile phone in his hand rang suddenly, and Kikumaru Yamaguchi subconsciously picked it up in a daze.

"Yamaguchi-san, a big depositor came to ask just now, saying that the four billion deposits in the account disappeared."

"hehe!"

"Nani!"

"."

Yamaguchi Kikumaru unconsciously dropped the phone and continued walking with blank eyes.

"It's over!"

Osaka, Jingai Middle School.

Shen Jiannan sat in the car and clutched his chest. When he thought of the positions that were forced to be reduced in his account, he felt that the money had been robbed.

Heartache.

It is clear that the Eastern Securities will continue to fall, but the position cannot be held.

"Michiko. My heart hurts, my heart hurts."

Anhui Michiko was frightened.

Shen Jiannan clutched his chest, his face wrinkled in pain, like a patient who had suddenly suffered a heart attack. A sixteen-year-old girl, who has never encountered such a situation before, was so concerned about her body and mind, that Michiko Anhui was frightened and cried immediately.

"Akiyama-chan! What's wrong with you! Don't scare me. Huh-"

"Michiko, I feel so miserable. I lost a lot of money. It hurts. Can you comfort me?"

"Woo--"

Shen Jiannan was dumbfounded.

As the little girl spoke, she lay on her lap and burst into tears, her body trembling as she cried.

"Michiko, don't cry, I'm kidding you."

It's okay not to comfort her, but when she comforted her, Michiko Anhui cried even harder. Just now, she saw Shen Jiannan's pained look, which seemed to be teasing her.

"Uuuuuu-Michiko is useless, I can't help Akiyama-chan."

"Yes, yes, Michiko can help me."

"Um?"

"only you"

"ah!"

"I'm not kidding you, really."

"."