Reborn? The Kind You Can Choose!

【147】Are You...Still Ready To Play Leverage? 【2 More】

The God of Shanghai Stock Exchange Stocks, this is a myth of A-shares during this period.

Anyone who is involved in the financial circle actually knows this.

After all, he is too famous and legendary.

But no one knew his true identity, but now, the moment Yuan Zhou mentioned the stock market, Liao Jie thought of yesterday's A-share crash.

The Shanghai Stock Exchange Stock God sold out all the stocks in his hands, causing turmoil in the entire A-share market, which fell 8% throughout the day. It was known as the Black April Fool's Day in the stock market!

And all the reasons are because of this smashing market known as the "Shanghai Stock Exchange God".

As a figure in the financial circle, how could he not understand the securities market even though he has been engaged in futures?!

After all, futures and securities are interconnected.

"16/Z!"

"He threw out about 1.8 billion!"

"It's right, Lay Fen is right!"

Liao Jie's breathing became a little heavier. He seemed to know a great "810" secret. The person in front of him turned out to be the "stock god" that countless financial circles were looking for?

At this moment, all the contempt and suspicion that Liao Jie had towards Yuan Zhou disappeared completely, replaced by awe.

Such a character abandoned the stock market and began to enter futures.

According to the stock god, everything makes no sense and becomes normal.

Many big bulls in stock trading will actually eventually switch to the futures market. After all, in their view, the benefits of the stock market are too slow.

"Now, can I open an account with your company?"

Yuan Zhou looked at Liao Jie who was a little frightened and didn't admit or deny it.

But Liao Jie heard Yuan Zhou's default tone from this sentence, and it didn't matter even if Yuan Zhou didn't admit it, because Liao Jie had his own analysis. The young man in front of him was not a stock god, so he just ate the table. .

That's for sure!

Money, time, events can all be used - correspond to the above.

"Yes, of course!"

"I'll have someone handle it for you right away, just a moment!"

After Liao Jie learned about Yuan Zhou's "true identity", he almost made a 180-degree change.

He took Yuan Zhou's ID card and walked directly downstairs. He wanted to help Yuan Zhou apply for Guotai Junan's account in person.

It only took 5 minutes for Liao Jie to respectfully submit the account information and other information to Yuan Zhou: "Mr. Yuan, after you sign, your futures account with our Guotai Junan will take effect directly!"

Swish! Swish! Swish!

Yuan Zhou took a brief look at the account contract, and after confirming that there was nothing wrong with it, he signed it directly.

But Yuan Zhou did not sign the commission agreement: "With such a large amount of capital, there should be discounts on commissions and exchange margins, right?"

Yuan Zhou looked up at Liao Jie.

"Yes, yes!"

Liao Jie nodded hurriedly: "I directly gave you the lowest price of our Guotai Junan. The exchange fees for various futures are different. This is set by the exchange and we cannot change it!"

"Including opening, closing and overnight positions!"

"The exchange margin is also fixed, and the margin for each future is different!"

"The difference is the commission of our futures brokerage company. I directly gave you the lowest 30,000 yuan, which is 10,000 yuan, and charged a 3 yuan handling fee!"

Liao Jie pointed to the commission agreement he just gave to Yuan Zhou.

"Too high!"

"If I have 1.6 billion, each transaction will be 480,000!"

"If I trade 10 times a day, wouldn't it cost 4.8 million?"

Yuan Zhou knocked on the table, and then simply said: "Let's do it, the fixed price is 0.5 million, 10,000 yuan, 50 cents!"

"If you don't agree, I will have no choice but to go elsewhere. I think many companies are willing to accept this fund!'

16/Z!

This is a number that no futures company can refuse.

Liao Jie was still hesitant, but Yuan Zhou had already stood up, without giving him any time to think.

"Okay...Okay, 0.500000000.50!"

Liao Jie compromised.

In fact, he had to compromise. For a large order of 1.6 billion, only 60,000 could be traded once for 1,000.5, and the number of futures transactions in a year can reach about 500. In other words, Yuan Zhou alone can create a new creation in a year. Net profit of at least 30 million.

Last year Guotai Junan made more than 80 million yuan. Can you imagine how much of their company's profit share these 30 million yuan can occupy?!

"Mr. Yuan, do you have any other questions?"

Seeing that Yuan Zhou still didn't sign, Liao Jie looked a little worried.

"You can buy futures on all three major exchanges, right?"

Yuan Zhou didn't see it written in the agreement.

The futures traded on the three major futures exchanges are actually different. For example, there are seven futures contracts listed and traded in the Magic City: gold, copper, aluminum, zinc, fuel oil, natural rubber, and steel.

Zhengcheng is wheat, cotton, sugar, purified terephthalic acid, rapeseed oil, mung beans, etc.

The fight that Yuan Zhou wants to buy this time is at the Dalian Commodity Exchange...

The varieties it trades include corn, soybeans, soybean meal, soybean oil, palm oil, linear low-density polyethylene, and malting barley!

“Everything can be connected!”

"All futures owned by the three major exchanges can be purchased through our Guotai Junan software!"

Liao Jie patiently explained to Yuan Zhou.

But there is a doubt in my heart. Is this the stock god in front of me speculating in futures for the first time?

Why do you even have to ask about something so common sense?!

This is too amateurish. You don’t even understand the basic knowledge of futures?

"Also, margin, if I buy soybeans, how much margin can you apply for me? I know that the exchange can also negotiate. For my large order of 1.6 billion, the margin is also reduced, right?"

The biggest difference between futures trading and stocks, besides leverage and short selling, is the margin system!

After all, leverage is involved. If you lose everything and go bankrupt, who will the exchange ask for money from?!

Therefore, in futures trading, any trader must pay a certain proportion of the value of the futures contract he or she is buying and selling as a financial guarantee for the performance of the futures contract.

Only then can you participate in the buying and selling of futures contracts, and determine whether to add funds depending on price changes.

This system is the margin system, and the funds paid are the margin.

The margin system not only embodies the unique "leverage effect" of futures trading, but also becomes an important means for exchanges to control futures trading risks.

"5%, that's the lowest!"

"You should know that the exchange also has a minimum standard of 1.3!"

Liao Jie said helplessly, while Yuan Zhou was calculating.

5%, which is 80 million, needs to be frozen in the account. This is the margin and cannot be touched.

"Fine!"

"Then just follow 5%!"

"What about the leverage ratio? I'm going to buy soybeans!"

Yuan Zhou spoke straightforwardly, but Liao Jie on the opposite side was a little sluggish: "You...are you still preparing leverage?"

1.6 billion for leverage?

Don't want to die?!

What the hell if you lose money, it will be billions or tens of billions!

You are a stock god, I can’t let you do this!

Basically, no futures company will agree to a leverage of 1.6 billion funds.

If you agree to this, if you lose money, the 10 times leverage will be 16 billion!

Not to mention Guotai Junan, even all futures companies across the country combined may not be able to pay such a large amount. .

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like