Mediterranean hegemon

100 orders were placed quickly. Although the total amount was still not much, considering that William had placed 200 orders today, other brokers were also confused. They did not rush to take them up, but left the orders on the blackboard and went into the break.

During the lunch break, several brokers obviously wanted to ask William for some information to see if there was any information they did not know, but William kept his mouth shut. When pressed, he said, "I don't know the news you don't know. I am just following the instructions of the client."

"Then where did your client come from?"

"Sorry..."

Before the afternoon market opened, there was no special news. Although everyone was surprised, the situation was still relatively calm. The 100 orders required by Contini were broken down by other brokers and consumed at a speed of 5, 10, or 20. However, the numbers on the price tags did not surge like in the morning, but repeatedly hovered around 3895-3910.

"Is this a feature of building a short-term top?"

"Sir, it's hard to say for now, but the exchange rate has risen from 4500 to 3900 in one breath because of the Italian government's statement and the contract news. The short-term increase has exceeded 10%. From common sense, if there is no additional news, there should be a small decline for consolidation - whether it continues to accumulate momentum or turns downward, it may have this feature."

Contini smiled: "If you put out another 100, the price will still be 3900!"

"Let me check with you again. You already have a position of 2 million US dollars. Adding 100 more will be 3 million US dollars. Before the 10 million position, your leverage ratio will be maintained at 25 times, consuming a margin of 120,000 US dollars. After the 3 billion mark promissory note you are in transit offsets, you will hold a position equivalent to 2.25 million US dollars..."

Contini nodded: "I changed my mind, place 300 orders!"

"Yes! Sir! Sell 300 orders at a price of 3900! The estimated position after completion is 4.25 million US dollars!"

4.25 million US dollars is not worth mentioning in the era when Contini traveled through. It can't even afford a wing of F22, but it was still a huge sum of money in the 1920s - equivalent to the cost of a US treaty-type light cruiser.

As soon as these 300 pending orders were posted on the blackboard, other traders were obviously confused. They all saw that William only served the guests in Box No. 3 today. This transaction should be a single order issued by this customer. People who can go against the market trend wholeheartedly and keep placing large orders either have information that the market does not have at all, or are just messing around.

Although they have seen the mess, they have seen more people with inside information, so some speculative brokers and retail investors who are used to taking risks also began to follow suit. Led by 300 orders, nearly 500 sell orders were piled up at 3900. Although there were buy orders, they were completely disproportionate.

This strange situation lasted for 5 minutes, and the traders found that no orders were executed in 5 minutes - all sell orders were 3900 or above, and all buy orders were 3905 or below.

Contini also noticed this situation and calmly asked William: "How many buy orders are there below now?"

"About 200, 40 at 3905, 50 at 3910, 20 at 3915, 70 at 3920, 25 at 3925..." William reported the next 5 levels.

"Wait another 5 minutes. If the first 300 of our orders have not been eaten up, you must clear all the 200 orders before 3925!" Contini gave the order in a domineering manner.

"Understood!"

In the next 5 minutes, the exchange rate trend of the mark against the US dollar became the focus of the market. Even traders and brokers of other varieties came to inquire about the news. Some people even pointed fingers at Box 3, and there was a strange feeling among the comments. Only less than 50 of the 300 orders placed by Contini were eaten up, but the accumulated orders at 3925 accumulated to 340.

"Sir, there are nearly 350 orders above 3925. Do you need to adjust the price?"

"No, burn them all. Kill all the orders before 3925! Keep the orders at 3900!"

William walked towards the red vest of the exchange again.

"William, do you want to adjust the price or cancel the order?"

"No, follow up with the order!"

"How much?"

"Burn all the orders above 3925..."

"Oh my God...are you serious?"

"I'm not kidding!"

"Swish!" All 340 orders before 3925 were cleared out. During the clearing process, someone submitted 25 orders, which were also swept away by William without hesitation.

"Crazy!"

"How confident are you to do such a thing?"

"This person is either a genius or the stupidest fool in the world!"

After the 365 orders were swept away, plus the 50 orders just traded, Contini's position exceeded 5 million US dollars; the quotations on the blackboard were shocking - buy: 3925; sell: 3900, the market was in commotion, and then Someone reacted immediately and started to add orders, but they added them very carefully. 3905, 3910 were put up little by little. Then what surprised everyone was that before William returned to the box to accept the new order, Antonio stood directly at the door of the box and opened the order. Gesture - 3925 continues to add 200 more!

This order sounded like a charge, and a large number of orders began to chase up, and then the prices were quickly transmitted to other places through the exchange's telex machine...

At 3:15, there are still 45 minutes before the market closes. The position held by Contini has reached 7 million US dollars. According to the 25 times leverage, 280,000 margins have been occupied. Nearly 70% of the margins of the first account have been consumed. , he asked William to start using the second account.

At 3:23, with 37 minutes left until the market closes, Contini’s position reached US$8.5 million, with the overall cost at 3925...

At 3:37, there are still 23 minutes left before the market closes. The position has reached 10 million US dollars, and the overall cost is at the 3927 line...

At 3:45, with 15 minutes left, Contini's position had exceeded US$11 million. He also became a little nervous. He stared at the phone and kept mumbling in his heart, why hasn't the news been released yet?

At 3:49, beads of sweat broke out on his forehead. The position had reached 13 million US dollars, and the total cost had returned to the 3925 line. The buy orders below began to increase significantly. The trend of the exchange changed again, and the majority of people were optimistic about the appreciation. , the crowd who took advantage of the situation quietly switched camps.

At 3:51, the phone finally rang. Contini almost took three steps at a time to pick it up. The sweat on his back almost penetrated into his coat. "Master, the news is confirmed. Everything is as you wish." ”

"Okay!" Contini yelled, slapping the last $50,000 check on William, "Sweep the position to $15 million!"

"gentlemen?"

"Hurry! It's too late!"

William had no time to hesitate and rushed over at a sprint speed of 100 meters... almost shouting with all his strength: "I want 200 more, sweep from high to low!"

Before anyone could react, a man in a red vest stumbled in from outside: "The latest news..."

"...The French government and the Royal Belgian government once again reiterated that although the Italian government has accepted Germany's change of strategy, the two countries, as countries deeply affected by German aggression, will not compromise on the position of safeguarding their own national interests, regardless of whether the United Kingdom, the United States, What is the position of the Italian government? The French and Belgian governments will not waver in their request that Germany fulfill its reparation obligations in accordance with the agreement! December 31 is the deadline for the German authorities to deliver this year’s reparations. If it does not fulfill its obligations, the French and Belgian governments will not hesitate. We will use all means, including the use of force, to force the German government to fulfill..."

With a "boom", the exchange exploded. All the spectators, traders, brokers, and customers were dumbfounded. They all stood there in a daze. Three seconds later, someone screamed: "I want to cancel the order!"

"It's too late!" William looked at these people with sympathy. The exchange's red vest had wiped out the 200 orders, registered the transfer, and then hung them in Contini's account. In order to reach the standard of 15 million U.S. dollars, Contini also worked hard: not only were all three accounts full, but he also shot out the last 50,000 U.S. dollars as bullets. Now his position on hand is nearly 16 million U.S. dollars, far more than Originally expected to be 12 million, the estimate was no more than $14 million.

"ah……"

"My list!"

In the last 7 minutes, the blackboard of the exchange became the craziest place. The exchange rates of the Mark against all major currencies plummeted, and the exchange rate against the US dollar was the first to bear the brunt: 4000, 4100, 4200, and 4300. A total of 4 levels were supported and were surging in less than 2 minutes. All the incoming selling orders were eliminated, and 4400 was supported for another minute. By 3:56 minutes, the exchange rate had reached the starting point of this round of rebound, 4500:1, but a steady stream of selling orders was still coming.

There is nothing wrong with William now, because everyone's attention is focused on it. The breakthroughs at these key points have not increased the volume at all. In other words, they have fallen infinitely. This is the most terrifying thing in the plummet - deep Bottomless!

At 3:58, even more desperate news came out: due to the large amount of data, the exchange's telex machine was overloaded, and the exchange had to temporarily announce a 5-minute delay-in the 5 minutes after 4 o'clock, no Submit a new order, but previously submitted orders are guaranteed to receive delayed matching.

At 3:59, the price broke through 4,600, then rushed towards the 5,000 mark, and quickly broke through it...