"Little Li Feng, hurry up, gather all your money, go to Dayuan Bank to open an account, and short crude oil futures!"
Open an account at Dayuan Bank, short crude oil futures?
Li Feng was stunned. Crude oil has been rising well recently, and everyone is bullish.
In this case, why do you want to short?
Moreover, you have to open an account at Dayuan Bank? Can't you just short with an overseas futures account?
Dayuan Bank is the strongest bank in Daxia and ranks first in the global banking industry.
Their business involves many aspects.
Stocks, bond futures, etc.
Among them, crude oil futures are naturally involved.
Because Daxia does not open oil futures trading, if you want to speculate in crude oil, you need to rely on these local financial institutions.
Or you can climb over the wall.
It's just that climbing over the wall is too troublesome and not compliant, so most people will choose banks as intermediaries.
Almost every bank has similar functions, but Dayuan Bank is the largest and best.
However, Dayuan Bank's crude oil futures are still different from traditional futures.
The most important point is that the transaction is not directly between the long and short parties, but with banks as intermediaries to meet the transaction needs.
That is, investors buy or sell with banks as counterparties.
Simply put, if you short one hand, the bank must simultaneously go long one hand to hedge the risk.
Dayuan Bank's crude oil futures implement a 100% margin mechanism, and only buy and sell existing and real "crude oil" shares, without leverage risk and forward delivery mechanism.
In other words, leverage operations cannot be performed.
Investing 10 million is 10 million.
Unlike the gold futures that Li Feng operated before, he can directly use 20 times leverage, and 10 million can be used as 200 million.
Moreover, the increase in crude oil is relatively small.
In Li Feng's view, there is no point in investing.
What's the point of rising from 10 US dollars to 11 US dollars a barrel?
Having experienced big ups and downs, he no longer cares about this little profit.
However, Li Feng soon realized that he was wrong.
Dayuan Bank's crude oil futures are based on specific circumstances.
Similar products are only available in Daxia and several large banks in the surrounding countries in the world.
And this time, it was the capitalists of the United States who carried out a planned attack on Dayuan Bank and those banks with similar products.
According to Lao Li's suggestion, this time, the price of crude oil will actually fall to a negative price.
Of course, this is not just because of the sniping of capital.
The main reason is that the storage capacity of crude oil in the world is almost full, but production has not stopped.
Production continues, but no one consumes, coupled with the malicious sniping of capital, many parties are forced to close their positions, and negative oil prices have emerged.
Li Feng learned from Lao Li that the maximum decline in crude oil futures was 445%, and the lowest fell to negative 38 US dollars per barrel.
Before the decline, crude oil was 11 US dollars per barrel.
In other words, if you short 1 billion now, after closing the position, 1 billion will become 5.45 billion. After deducting various expenses, you can make a net profit of at least 4.4 billion.
No wonder Lao Li is so anxious, 4.4 billion, that is not a small amount.
Moreover, the time is tomorrow night, which is very urgent.
Thinking of this, Li Feng did not dare to delay, and immediately went to Dayuan Bank with his identity to open a card.
At the same time, he also called Sun You.
It is a very big deal for a bank to move all 1 billion yuan, and it is across banks.
Without calling in advance, the bank may not have enough positions for cross-bank operations.
Therefore, it is very important to have a familiar account manager in the bank.
After Sun You knew that Li Feng was going to embezzle 1 billion yuan, he did not ask any more questions and immediately applied for a position.
Although banks have the obligation to retain customers, especially big customers.
But now the customer obviously wants to use the money, and the bank has no reason to stop it.
"Afeng, the 1 billion position has been applied for. If you want to transfer money, you can do it at any time!"
"Your online banking maximum limit is 100 billion. You can log in on the computer with a U-shield and do it!"
After the position was applied for, Sun You called Li Feng as soon as possible.
"Okay, Lao Sun, thank you! I'll treat you to dinner later!"
Li Feng said with a smile.
"Okay, okay, no problem!"
"But, Afeng, what actions have you taken recently? Can you bring your brothers to play together?"
Sun You said with a smile.
He has seen Li Feng's amazing trading skills many times.
Fortunately, Li Feng received a huge bonus due to his large deposit some time ago.
If Li Feng is willing to take him to play, it is also possible to earn some extra money.
Unlike securities, banks allow employees to make reasonable and legal investments.
Of course, the premise is that it does not affect their main job and does not invest during working hours.
"Of course, no problem!"
"You just need to go to Dayuan Bank to open an account and short crude oil futures!"
Dayuan Bank crude oil futures?
Sun You was stunned.
Isn't the recent rise in crude oil very good? Why would you short it?
Li Feng knew that Sun You was confused, so he just explained it briefly.
As for whether to invest or not, it depends on Sun You himself.
After explaining, Li Feng hung up the phone.
Sun You hesitated for a moment, and immediately opened Dayuan Bank's mobile banking and registered an oil futures account.
He chose to believe Li Feng.
Not only because Li Feng was his classmate, but also because of Li Feng's amazing operations during this period of time.
Sun Youyou has a bank card of Dayuan Bank.
People who work in banks like him basically have bank cards of every bank.
As colleagues, it is common for them to help each other open cards and complete tasks.
After opening a futures account, Sun Youyou gritted his teeth and transferred 300,000 yuan to Dayuan Bank, and all of the 300,000 yuan was shorted.
100,000 yuan of the 300,000 yuan was the bonus he had just received, and he invested it all before it was even warm.
The other 200,000 yuan was what Li Feng returned to him after he lent him money last time.
Although there was 50,000 yuan of principal in it, Sun Youyou did not feel bad.
As Li Feng said, if crude oil futures really plummeted, he would definitely make a lot of money.
Moreover, if there was no Li Feng, he would not have so much money.
Even if he lost money, for Sun Youyou, it was just his 50,000 yuan principal that was lost.
Because of Li Feng, he can still get a huge commission next month.
So, if he really lost money, he didn't care.
Fortunes are sought in danger.
How can you make money without taking risks?
On the other side, Li Feng also came to the city branch of Dayuan Bank.
Because the funds to be mobilized this time are relatively large, Li Feng doesn't remember that he knows anyone in Dayuan Bank.
So he just came directly to the city branch, and it would be much more convenient to do business here.
However, the city branch seemed to look down on him as a small customer.
After Li Feng entered the branch, no one came up to ask him what business he wanted to handle.
The staff in the hall were also lazy.
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