Chapter 247: Hostility from **** (repair)
Futures, futures. Since it is a kind of goods, it must have a place for trading.
Unlike the forex market.
The foreign exchange market is simply a big platform, and betting between major banks and central banks is a kind of gambling.
There are real locations in the futures market.
As one of the world's largest trading investment markets, tied with stocks.
There are too many futures markets.
There are more than a dozen futures exchanges within the United States alone.
Not to mention expanding to the whole world, almost every slightly larger country will have more than several futures trading markets in their country.
If you only calculate it by quantity, the global number of futures exchanges is hundreds.
But among so many futures exchanges.
There are naturally differences in scale, amount of capital, type of goods, credibility, etc.
Among them, the three major futures exchanges are the most famous.
They are: Chicago Futures Exchange, London Metal Exchange, and New York Mercantile Exchange.
These three exchanges are the futures trading markets with the largest number of goods, the largest amount of funds and the largest number of participants in the futures market.
The three exchanges involve different categories of goods.
But I won’t introduce it carefully here. If I introduce it carefully, it would seem a bit miserable!
Anyway, when Abel's futures order was put on.
Basically all futures exchanges in the United States have received this information.
The major capital giants, major commercial banks, major central banks and other major banks stationed in the futures exchange have all received information on this futures betting contract of 10 billion US dollars.
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New York.
New York Mercantile Exchange.
Hawke Rockefeller, who returned sadly from the Boston area, sat quietly in the corner of a long conference table.
This meeting was an emergency small meeting held by **** Bank.
The content of the meeting was: Should we take a portion of the 10 billion margin from Wells Fargo in Los Angeles, and the leverage ratio of five times will be 50 billion US dollars of international crude oil futures orders.
Under normal market conditions.
There are very few such exaggerated and huge futures orders on futures exchanges.
Orders worth billions of dollars are rare.
Not to mention these more than 10 billion.
Under most normal circumstances, the amount of the difference contract in the futures market is roughly between a few hundred million US dollars and a few million US dollars.
These are already considered large-scale transactions.
Excluding those manufacturers of commodities or countries that need them. Among the remaining orders in the futures trading market, more than 95% are often small retail investors with less than 100,000 US dollars.
"The risk is too high... Although international crude oil has risen for three days, it is likely to fall! The power of short sellers in the future is obviously stronger than that of longs! Although this contract looks charming, for the sake of security, I don't think we are suitable for insertion!"
"I don't agree! The power of the bears seems to be a little stronger than the bulls now! But this is a January contract! Within this month, as long as it can rise to more than US$76 per barrel! Then we can force the other party to close the position!"
"It's $71.67 per barrel now! It's impossible to rise to $76 or above in the current market!"
"How is it impossible? We can contact some bulls and join forces to eat!"
“…”
The venue was very lively, and the argument was nothing more than this 10 billion-level futures order.
Some people's view is to eat it.
Another part of the people's opinion is to be cautious.
Look at it now.
The strength of both sides is basically equal.
But there are some forces that have not been shown, such as Jamie Dimon, the most authoritative chairman and president, sitting at the center and above.
He is the chairman and CEO of **** Group, and he was once named one of the 100 most influential people in the world by magazine in 2006, 2008, 2009 and 2011.
He is also one of the best CEOs in the 2008-2011 U.S. executive team surveys rated by institutional investors.
In addition to this nominal supreme leader.
Some people didn't speak.
For example, Hawke Rockefeller, who was as calm as a transparent person in the corner.
When the dispute between the two sides reached its highest point, the choice was finally put in front of the chairman.
Face this choice.
Jamie Damon, who has already achieved success and fame, has a choice in his heart to be stable. He has already achieved success and fame, so he does not need to take risks for some benefit.
You should know that his annual salary is as high as US$30 million, and he also owns nearly US$1.3 billion in company shares.
He can be regarded as the real working emperor.
But many times.
The working emperor is always just a job. If the decision is not passed by the boss, if there is no loss, then there is nothing wrong. If there is a loss, then his responsibility will be great.
Jamie Dimon's eyes tilted slightly to the side, and he pondered: "This is indeed an opportunity that is hard to see in the market. But..."
"I think we can be more decisive!"
Halfway through Jamie Dimon's words, Hawke Rockefeller, who had always seemed like a transparent man in the corner, suddenly said it.
Jamie Damon breathed a sigh of relief.
It's good that someone is willing to take the blame.
Especially this person has enough identity to take the blame.
Jamie Damon smiled and said, "Very good. Please tell me your judgment, my dear Hawke!"
Hawke Rockefeller, the third son of the head of the contemporary Rockefeller family.
He is only 24 years old this year.
Graduated from Harvard Business School, he just joined the **** job this year, and can be said to be very young.
The position in the company is only an ordinary bank deputy manager.
However, such restrictions on positions are only valid for ordinary staff, and for real second generation...haha...
So he was able to attend a meeting where big names of Jamie Dimon appeared.
Under normal circumstances.
According to the family motto of the Rockefeller family and the regulations of the **** Bank, Hawk's current level is not suitable for expressing opinions in occasions of this level.
Even if you have any opinions.
That can also be expressed privately to the family or Jamie Dimon.
But because I heard that this futures order of tens of billions was behind some guy who made Hawke hold a grudge.
He couldn't help but make an exception.
Hawke Rockefeller noticed that everyone's eyes were looking at him during the meeting.
He regretted it a little bit.
If the family knew about it and others didn't say it, his father and brother would definitely scold him.
Hawke could ignore other people from non-Rockefeller family, but he was still afraid of his father and brother.
But it’s hard to get on the verge of being on the verge of the bank, if he doesn’t speak now, the senior executives of **** Bank who actually know his true identity will be there.
It may not be said on the surface.
But what I thought in my heart... Hawke Rockefeller didn't want to know.
At this time, he had to bite the bullet and go: "I think we can be more decisive! International crude oil has been rising for three consecutive days, and the overall market sentiment is now singing a lot! Camel Country, OPEC, and the United States are all cooperating with the reduction of production!"
"In the future, crude oil production will definitely drop significantly! But the overall international demand will not decline! As long as the production capacity is reduced, demand will not decline!"
"Then the crude oil price will definitely rise!"
Speaking of excitement, Hawke Rockefeller couldn't help but remember the day at the Adams Family Birthday Party in Boston.
The kiss of the dog and the woman in the middle of the dance floor.
He was still very young and couldn't help but stand up: "So we should be more decisive! We can make this year's **** financial statements look better!"
"I agree with it! And I should eat the largest share of the order! Earn the money from the West Coast country bumpkin and let the country bumpkin know that the financial market is not what their West Coast country bumpkins want to come in!!"
"call……"
"I'm done! I've expressed my opinion."
Hawke Rockefeller, who was a little excited, suppressed his emotions, and forced a smile to the corner of his mouth before sitting down.
Chairman Jamie Damon, who could not see what he thought, smiled and clapped his hands.
"Not bad...not bad...Haoke's opinion is very pertinent..."
He looked down at everyone present.
"As for whether to take this order from Wells Fargo, I think a democratic vote can better reflect the will of our top leaders!"
Chapter completed!