Nine hundred and fifth chapter decisive moment (fifteen)
He never thought that with the cooperation of the main agencies of all parties, the defense line of joint organizations, and the liquidity injection of offline trading markets, he could not even survive for fifteen minutes.
"Such a large-scale market price drop order..."
Nagashi Ishihara stared at the US-Japan exchange rate trading market that had fallen to around 88.920. A very bad premonition suddenly surged from his heart and said intimately: "The US-Japan exchange rate short institutions led by the Bentayga Capital Group have already held a huge amount of short positions. Before the phased take-profit recovery is completed, according to the risk control of positions in the transaction, the position should not be increased in large scale in this crazy form."
"If it weren't for the main short-selling institutions of the US-Japan exchange rate, then there would be only one explanation."
"This is not an increase in positions by the main short institutions, but a rapid reduction in positions by the main long institutions."
In the current market, there are such a large number of long-term institutions that cover demand. Nagashi Ishihara understands that only Wall Street capital groups have suffered from setbacks in US-Japan exchange rate trading.
"It's over, these guys..."
Nagatoshi Ishihara quickly realized that what he guessed was most likely the truth. For a moment, he felt angry and his eyes turned black: "Damn it, your direct opponent is not our central bank agency. Why should you put down the risk at critical moments and pass on the risks to us?"
A order worth hundreds of thousands of hands!
During this period, the Bank of Japan institutions invested more than $2 billion in margin orders, and now... are all buried in the market.
Before the action, Ishihara Naganobu had this kind of worry.
I was worried that the central bank's institutional trading party, which I led, would become the takeover party for the rapid appearance of capital groups in various Wall Street.
But he didn't think deeply, just thinking that the opponents of various capital groups in Wall Street were not them. In the process of trying their best to maintain the market, even if they didn't help, they would not follow the trend and smash the market. After all, if they continued to lose more... the main Wall Street capital institution with relatively heavy positions was still.
However... the development of facts is often unexpected.
"Stop, stop...can't continue to increase positions!" Ishihara Nagato understood that all his new long positioning actions were to make wedding dresses for others. He couldn't help but gritted his teeth and quickly stopped all the buying actions of assisting institutions. "The main institutions of Wall Street are fully supporting orders and replenishing orders."
"At this time, no matter how many orders we buy, we are taking risks for them."
"In the confrontation with the short-term institutions of the US and Japan exchange rate, they bought a huge amount of long orders and were waiting to stop the loss to appear, becoming our direct opponents to maintain market stability."
"We can't feed them any more. It's to solve their predicament and put us in the predicament."
Hearing Nagatoshi Ishihara's words, the traders who assisted the institutions suddenly realized and said in surprise: "No wonder, no wonder... I just said that even if the main short institutions of the US and Japan exchange rate want to sell and expand their position profits, they should not instantly increase their positions by such a large amount and make such crazy actions."
"Hey... If it were the main institutions of Wall Street, they would lose the confidence to continue holding positions."
"We are working hard to cut positions and make up for the replenishment."
"The market has these million-order stop loss trading. If we want to maintain the US-Japan exchange rate at this stage, it is probably impossible to achieve the goal of maintaining the current stage."
"Although we are conducting market operations, we directly interfere with the exchange rate market."
"But in the end, it can only serve as a guiding role for the market, and it is impossible to take over the million-level orders that the main institutions of Wall Street departments want to make a quick appearance."
"Can you negotiate with the main institutions of Wall Street?" asked a trader who assisted the institutions. "Let them temporarily stop losses, continue to hold positions, and jointly maintain the market. After all, if the market sentiment of the sell-off market can be slowed down, their losses will also be reduced a lot."
"Impossible, it's impossible!"
"At this time, they have become the main players of bulls in the field who are trampling on each other, and the most terrifying main players of the sell-off."
"After completely defeating the hundreds of thousands of defense lines we have laid out, they have filled nearly half of the orders in total, which has reduced the risk."
"And... the US and Japanese exchange rates have fallen below the 89 exchange rate mark after their full range of rebounds."
"This has completely ignited the market's stop loss and the liquidation of the position."
"Faced with the entire market, the stop loss of all long positions and a large amount of speculative short-selling funds, even if they are willing to reach an agreement with us to not reduce their positions, we have invested so much money and can no longer curb the fall below all long support positions. We have broken through the large fluctuation range and completed the US-Japan exchange rate that has formed a unilateral trend."
"I can only give up the plan to maintain the market exchange rate and force the market to support it."
"Hey, after the previous long-short confrontation, the funds accumulated on the US-Japan exchange rate market are too huge, and the market is turning to a unilateral trend."
"Any human power seems too small in this torrent."
Seeing that after they gave up the move to increase long positions and continue to hold the market, the US and Japanese exchange rates fell to around 88.500 in just one or two minutes, and fell by more than 200 basis points, the two trading institutions of the World Bank and the International Monetary Fund had a strong desire to exit.
really……
The US-Japan exchange rate market has completely broken through all bull support and has fallen into a unilateral decline in a comprehensive stepping stone. At this time, it is meaningless to hold the market hard.
It will only pass the risks onto yourself and let yourself be buried in the market.
"Sorry, Mr. Ishihara, we can do nothing." On the video connected to the World Bank's trading institution, the other party pondered for a moment, and then said, "The short and violent fluctuations in the yen exchange rate are inevitable, but I believe that we have taken over nearly half of the positions of the main long institutions."
"This situation of trampling on each other will soon pass with the influx of bottom-buying funds."
After realizing that the market trend was completely out of control and was unable to adjust and recover through market operations, the trader of the International Monetary Fund also took the opportunity to say: "At this time, all market operation adjustments have lost their effect. We cannot confront the operating rules of the market itself, and cannot bear the stop loss of the entire market and the liquidation of the position. Sorry, Mr. Ishihara, we can no longer make wrong decisions."
I understand that all current buying actions are taking risks for other stop loss and long positions.
They are all doing wedding dresses for the main institutions of Wall Street that are capping orders and selling down. Then... only fools will continue to buy and create unnecessary losses for themselves.
Seeing that the two most important assistance agencies had withdrawn, Nagato Ishihara's face turned dark in an instant.
However, at this moment, even if he persuaded him with kind words and proposed market operations to stabilize the market exchange rate and prevent the new financial crisis from suppressing others, it would probably be useless.
So, he gritted his teeth helplessly and could only nod his head to agree.
"You can withdraw, but I ask you not to cut positions and stop losses at this moment, and once again increase the momentum of the market's selling price." Nagatoshi Ishihara said, "I hope everyone will not forget that our purpose is to slow down the fluctuations in the exchange rate market, rather than aggravate the fluctuations in the exchange rate market."
"Okay, I can agree to this."
The core traders of the World Bank and the International Monetary Fund, almost at the same time, said: "Emotion can only dominate the market for a short time, but not for the long term. When this wave of selling sentiment passes, as long as you still need it, we will continue to help you maintain the market and make the yen exchange rate stable."
Nagashinobu Ishihara sneered in his heart and said lightly, "Thank you."
Then the video connection channel was cut off.
"The president... there is another way." Ishihara Nagato said anxiously, "There is another way to slow down the yen exchange rate plummet."
"The current U.S. and Japan exchange rate market is the largest potential bull."
"It's not us, nor are the main institutions of Wall Street, nor are they the World Bank and the International Monetary Fund, which only know how to shout slogans and dare not invest large-scale real money."
"It is the main short-selling institution of the US-Japan exchange rate led by the Bentayga Capital Group, which has made significant profits on the market."
"Their short positions in the U.S. and Japan exchange rate are even better than those of the long positions of major institutions in Wall Street."
“Exchange rate trading market…”
"The bulls on the market, that is, potential shorts under market changes."
"Just like the main institutions of Wall Street that had been doing their best to long the US-Japan exchange rates, they became the most terrifying force in the market."
"The main shorts in the market are because they have the urge to cash out their profits and fill their positions."
"When the exchange rate market is constantly changing in a favorable direction, they will naturally become the largest long force in the market potential."
"I heard that the Bentayga Capital Group is in a confrontation with the main organizations of Wall Street."
"A total of US-Japan margin short orders with a total of more than US$20 billion, plus those other US-Japan short orders oriented by the Bentayga Capital Group, as long as they are willing to take profits and cover in time, they can completely hedge against the current bull trampling and the plunge of the US-Japan exchange rate."
"President..."
"This is the only market force we can strive for at present, and it is also the only way we can avoid the rapid surge in the yen exchange rate, causing a heavy blow to the entire yen exchange rate market and affecting the foreign trade trading market."
"Shorts are longs, longs are shorts!" Ishihara Nagashinobu listened to the trading manager's words and thought about the longs and shorts on the market. He was already desperate and planned to completely give up the idea of maintaining the market exchange rate. He became completely active again. A light flashed in his eyes and nodded, "Yes, yes... that's it."
"In the current market, the bulls led by major institutions in Wall Street are the main players in stop loss and sell-off."
"On the contrary, the US-Japan exchange rate short institutions led by Bentayga Capital Group have the demand for take-profit and cover, which is the largest potential long in the market."
“Quick, fast…”
"Contact the agency of Bentayga Capital Group, don't they have branches in Tokyo?"
"We have business dealings with the Bentayga Capital Group." As Nagato Ishihara spoke, a trading manager at the trading center of the Mizuho Financial Group said, "I helped Mr. Ishihara answer the phone call from their trading room."
As the manager spoke, it took two minutes.
The phone number was transferred from the Tokyo branch of the Bentayga Capital Group to the core trading room of the Bentayga Capital Group headquarters.
"Mr. Ishihara, I really didn't expect that we would meet in this form." Su Yue's voice came from the connected phone, "I once said that we are your friends of the Bank of Japan, and those guys on Wall Street are just a group of evil wolves who only see profits and methods."
"They are not trustworthy, and I'm glad you chose the right allies at this time."
When Nagashi Ishihara heard Su Yue's words, he was very surprised and asked, "Mr. Su knows what I want to say? I know my plan to contact you?"
Su Yue chuckled softly and said, "At the moment, Mr. Ishihara's intention is easy to guess."
"Actually... I'm waiting for you to have a phone call from Mr. Ishihara."
"Originally, I thought that when the US and Japan exchange rates broke through the 90 mark, you should have guessed that the main institutions of various capital groups on Wall Street would use you to stabilize the market, so as to take advantage of your huge number of long orders to maintain the market exchange rate, escape, stop loss plans, and then contact us."
"I didn't expect that Mr. Ishihara had been watching the US-Japan exchange rate fall below the 89 exchange rate mark before he reacted."
"But... it's not too late now."
Nagatoshi Ishihara saw that Su Yue was completely clear about the changes in the market and the Bank of Japan's actions and motivations, and he was as clear as if he was aware of the fire.
For a moment, I was so shocked that I couldn't stop.
"Since Mr. Su understands, I won't say much." Nagashinobu Ishihara knew that every minute and every second was very precious. He passed through all the politeness and said directly, "We need your help, and you need to appropriately stop profit and fill some orders to resolve the continuous plummeting trend of the US-Japan exchange rate."
"Mr. Su should know that the extreme plunge and surge in currency exchange rates are expected to the national economy and the central bank's credit."
“The blow is huge.”
"I know that if you want to get Mr. Su's help and let you give up the many profits you can easily obtain from the trading market, it needs to be exchanged for the same price."
"Mr. Su can tell your conditions..."
"I believe that since you answered the phone, we still have a foundation for cooperation."
Seeing that Nagatoshi Ishihara had already explained, Su Yue smiled and said his own conditions without thinking: "We can choose to let go of part of the profits in the foreign exchange market to make the US-Japan exchange rate fall a little slower, and maintain the market for you, but we need to make up for this part of the lost profits from other directions."
"In the next three years, all our mergers and acquisitions in Japan, including financial mergers and acquisitions, will follow market rules."
"Mr. Ishihara needs to help us make it happen."
"And you also need to fully relax all investment and operational authority of Chinese-funded institutions in the Japanese financial field within the jurisdiction of your Bank of Japan, so that Chinese-funded institutions' operations and investment in Japan are no different from European capital and American capital."
Chapter completed!