If a position is liquidated, the account will be cleared.
Because the CSI 500 index always fluctuates wildly between four or five units, those who have their positions liquidated will not owe the exchange much money.
But the consequence of a margin call and a zeroed account was that Edwards lost an opponent.
That’s it, Edwards, who was far away in Vienna, still didn’t stop!
He, is, still, going, crazy, losing!
Each order is 10,000 lots!
with no exceptions.
One order follows another with almost no pause in between.
There was not much light in the manor.
Bendict didn't smoke. He held his gun and wore thermal imaging equipment as he looked at the dark manor.
The Wolves were further out, walking slowly in the dark night, or watching the situation outside from places where no one knew.
Everyone has their own way.
Ben raised the corner of his mouth slightly, took out a cigarette, put it under his nose and smelled it, then put it back.
Smoking is not allowed while on duty.
In the basement, in a brightly lit room, Edwards sat alone in front of the computer. Apart from the crackling sound of the keyboard, the only sound in the room was the gurgling sound of the kettle boiling on the side.
When the water boils, turn off the power, and wait for the temperature to drop, it will start heating again.
The coffee beside me has gone cold.
Edwards stared at the screen, 14326.60!
Yesterday's drop was 7%. No matter how much it drops today, at least we can't lose in the early trading!
According to the estimation of peer funds, all the short positions he issued were eaten up, so the counterparty has only mobilized less than 600 billion.
But he knew very well that the only one who could compete with him in the country was the government.
600 billion is the cumulative amount.
It's not that much money was actually paid.
Yesterday's position has already provided me with sufficient profits.
The role of leverage cannot be underestimated.
He currently holds less than 400 million short positions.
The others have already closed their positions halfway through.
The imbalance here is that the position of the battle between bulls and bears fluctuates up and down by a few points, but there is no sharp drop or rise.
When the margin of both sides is sufficient, there will not be much fluctuation because the battle is not over.
As for whether anyone on the other side had their positions liquidated, Edwards didn't know and didn't have time to think about it. He couldn't see it anyway.
If it weren't for the surprise attack that followed yesterday's trial, the money he earned, although not a large proportion, would be enough to offset the losses from the fluctuations.
That's the problem.
He has some profit to offset, based on yesterday's 7% plunge.
As soon as the market opened today, there were thousands of large orders. Just looking at today's orders, neither side made any money!
He still has enough funds.
When his investment reached 6000 billion, it meant 600 billion in short positions!
Beijing.
"Where the hell did this lunatic come from? How could he have so much money?!"
"This was definitely planned long ago. Does this count as declaring war? Where's the funding coming from?"
This kind of shouting was basically heard in more than a dozen trading rooms.
But their boss didn't look surprised at all.
This kind of thing has happened more than once, but in the end the market was saved only by mobilizing state funds.
At the moment they don't know what the other party wants to do.
In fact, even if the market continues to plummet by 7 points today, it is not a fatal problem. The key is that this gap cannot be opened!
Right now it looks like there is only one short squeeze and the funds seem to be endless.
But they all knew that if a war really broke out, this would not even be an appetizer!
The real battle hasn't started yet!
But Edwards didn't think so. He just wanted to make money by dumping the market and vent his anger at the same time. By the way, he wanted to tell the country that there were still people who were capable of making money in the market.
Moreover, when the action was taken this time, Chen Pingan had no control at all.
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