Chapter 909 Hunting Wall Street (2)(1/2)
As Su Yue spoke, the various institutions acted in an instant.
The Bentayga Capital Group's Tokyo, New York, Harbour City, and London units instantly posted more than 300,000 market price reimbursement orders, Barclays, HSBC, nmr Roche Investment Bank... also with extreme excitement and excitement, he made every effort to reimburse, taking all the stop loss in the situation of US-Japan exchange rate crash and losing positions.
From large-scale entry above 91.500 to large-scale recovery below 88.000.
In a few hours, nearly 3,500 market basis points profits.
This has made many alliance institutions that jointly short the US-Japan exchange rate with the Bentayga Capital Group and make a lot of money.
Core major institutions such as Barclays, HSBC, and Yingjie Investment have a large holding scale, and the floating profits in the holding account at this moment.
All for billions of dollars.
Compared with Su Yue's order to follow the trend at a high level and shorting, this order to cover a large scale is implemented by the core traders of the main institutions.
After all, with huge floating profits in hand, they also have a strong desire to reduce positions and compensate for profits in time.
With almost the same operation of various joint institutions, millions of huge replenishment orders were fully taken over. The flash crash continued for less than half a minute. The entire US-Japan exchange rate market rose rapidly from a retaliatory rebound from a low of 87.26.
87.460,87.860,88.260…
In 15 seconds, only 15 seconds, the entire collapse sentiment was completely curbed by a huge amount of reimbursement orders.
The U.S.-Japan exchange rate jumped from near the lowest point of 87.263 to above 88.260, and rebounded violently by more than 1,000 basis points, shocking all investors in the market once again.
"My God... what kind of market is this against the sky?"
"Did the market repair itself after the long positions in the US and Japanese exchange rate are fully liquidated? It's too fast, really too fast... It will be a full reversal in less than a minute."
“Where is self-healing?”
"When the US-Japan exchange rate approaches the 88 exchange rate mark, the market has no strength to go long."
"The short-selling power was so powerful that just now when the 88 exchange rate mark was cut, I believe everyone has seen that the bulls in the entire market are stopping losses. That is the ultimate trampling situation. If the market is not transparent, it is impossible to usher in the market's self-repair."
"In the market, there are not so many buying and short-selling orders formed spontaneously."
"According to common sense, when the situation just happened, there was no market force at all and could be forced to take over."
"But the result...is completely unexpected."
"Yes, when the exchange rate mark of lightning fell below 88, the entire US-Japan exchange rate market collapsed completely and plummeted to the unilateral market, it closed back like lightning and maintained the exchange rate mark of 88. It is indeed very surprising and does not conform to market logic."
“Reasonable…”
"At this time, the US-Japan exchange rate short institutions led by the Bentayga Capital Group should take advantage of the situation where the bulls are fully liquidated and the market sentiment is extremely bad, and they will fight to the death to sell down, continue to expand profits, and force Wall Street capital of all departments to further cut positions and cover them."
"But it's strange that they were completely invisible in the reversal situation just now."
"Isn't the market's self-repair, is that Wall Street capital's desperate counterattack on the verge of despair?"
"It is impossible. If the main institutions of Wall Street have not given up, they will definitely not delay the market drop. Only when they reach such a bad situation will they take action."
"It looks more like the Bank of Japan's institutions."
"The US-Japan exchange rate fell below the 88 mark and entered a panic appreciation trend, which will be a very serious blow to the Bank of Japan and its entire Japanese economy."
"In the current market situation, they should be the most urgent and anxious institution."
"Only they have a strong motivation to stick to the 88 exchange rate mark so that the yen exchange rate will not slide into the abyss of panic appreciation."
"In an instant, all the liquidation and stop loss orders on the crash side were consumed by the long orders that were taken."
"The minute just passed should be the ultimate amount, right?"
"Yes, if the Bank of Japan institutions were fighting to maintain the US-Japan exchange rate market, then at that moment, their capital investment should have exceeded 5 billion US dollars, right? It's too terrifying, it's downward and rising straight... The ultra-short-term speculation in the market, whether bulls or bears, should have lost all the money at that moment."
"The US-Japan exchange rate has returned to the 88 mark."
"If the Bank of Japan institutions are really trying to maintain the market, it means that the US-Japan exchange rate is really strongly supported here?"
"Such extreme stock price breaking sentiment and consistent selling trend failed to truly break through the 88 exchange rate mark."
"I think the exchange rate mark of the US-Japan exchange rate of 88 is likely to continue to kill tonight. Here... there should at least be a weak rebound to alleviate market sentiment."
"After the wave of large-scale liquidation just now, the stop loss order was consumed."
"The power of the market's decline has now eased."
"However... the overall panic sentiment in selling down has not subsided. Whether the US and Japanese exchange rates can stand firm at the 88 exchange rate mark tonight depends on the current large profits, the main short institutions of the US and Japanese exchange rate led by the Bentayga Capital Group, will choose next."
"If they use huge profits to sell sharply and increase market short orders."
"Then I think that even if the Bank of Japan institutions make every effort to maintain the market and keep taking out real money to operate the market, it may be difficult to maintain the current price of the yen exchange rate."
"After all, the overall trend of the market is not so easy to resolve and reverse."
"In the current situation, it is still not recommended to buy at the bottom and go long. The safest way is to wait until this wave of long power is exhausted before continuing to short."
“I think…”
"Whether between the US and Japan exchange rate range from 91 to 92, the long and short sides filled in at least orders with margin of more than US$20 billion."
"In addition to the countless retail orders that followed the market."
"There are still many bulls who are still holding on to the death. These bulls have not yet cut their positions and recovered, so the short market will not stop."
"Yes, the exchange rate mark of 88 is by no means the end of the short market."
"Continue to short and continue to follow the President Su of Bentayga Capital Group to short the US-Japan exchange rate."
Faced with the extreme collapse of the US and Japan exchange rates, lightning recovered their declines and returned to the 88 exchange rate mark. The vast number of global investors, speculators and bearish sentiment remained unabated.
certainly……
Whether it is market sentiment bullish or bearish.
Seeing that the ally of the Bentayga Capital Group, Ishihara Nagato finally took action to maintain the US and Japanese markets at a critical moment, without allowing the market to fall or panic and market sentiment to further expand. He couldn't help but breathe a long breath, letting go of his fists full of cold sweat and unconsciously clenched.
"President..."
The trading manager touched the cold sweat leaching from his forehead, and breathed a sigh of relief, saying: "The most panicked force of killing has been consumed in the process of the large-scale recovery and acceptance of the Bentayga Capital Group just now. The current market has become much milder."
"The risk of panic appreciation of the yen should be considered to be a collapse for the time being."
"The basic credit risk of the yen, as long as the exchange rate threshold of 88, does not continue to fall below tonight, should not spread on a large scale."
"The President Su from the 'Benjo Capital' Group is indeed trustworthy!" Nagato Ishihara's tense heart slowly let go, "Sustain tonight, report the situation to the Prime Minister tomorrow, and then let the entire government department jointly assist us, and there should be no risk of a complete collapse."
He finally survived this moment when he was on the verge of despair.
Just as Nagato Ishihara wiped the sweat from his hands because of the nervousness and the sweat was growing, he was about to drink a sip of water, and a call came from the core trading room of the Bentayga Capital Group.
"Chairman Su..."
Nagato Ishihara hurriedly took the microphone and asked, "Is there anything else we need to cooperate?"
"It's only 3 a.m. It's still a long time before today's closing. The crisis you are facing has not passed." Su Yue said, "The main force that just sold the market is the panic retail investor force in the market. The main institutions of Wall Street have basically not moved their positions."
"Offline yen trading market."
"Trade institutions, exchange institutions, financial institutions holding yen on a large scale...they avoid the yen and sell yen sentiment because the trend just now did not ease, but intensified."
"The basic credit crisis of the yen, this trend, was deliberately encouraged by the main institutions of Wall Street."
"It's still blown up."
"To maintain the stability of the yen exchange rate market, you also need to send strong signals to the market to stabilize the confidence of these institutions and financial institutions that hold the yen on a large scale."
"What should Chairman Su think we should do?" asked Nagato Ishihara.
Su Yue pondered for a moment and replied: "The rapid recoupons we used in this wave of rapid recoupons just now are new trading accounts that the group had not activated before. The external market is not known to be our large-scale recoupons, and it is not breaking the exchange rate threshold of 88 yuan."
"You can promote on a large scale this is your masterpiece of vigorously maintaining the market."
"Showing your determination to maintain the market and ensure the stability of the US-Japan exchange rate."
"I know that you don't have much money to use for market operations at the moment, but to the outside world... you need to show that you have at least tens of billions of dollars of working capital, which can be used for market operations, and can be used to resolve any extreme fluctuations in the Japanese yen exchange rate at any time."
"at the same time……"
"Let the financial institutions under your jurisdiction directly take over the counterpart of the market, sell the most fierce institutional yen chips, and make every effort to stabilize the offline trading market."
"As long as global investors, there are a large number of financial institutions in various schools that hold yen."
"I still have great expectations for you, and I feel that in the current situation, you can fully guide the market and maintain the floating exchange rate of the market."
"Then...this panic about the basic credit crisis of the yen will naturally dissipate."
"The market will also return to the right track."
"In the current offline yen trading market, the main institutions of Wall Street have no more than a lot of yen reserve chips available for market selling."
"So... it's not difficult for your financial institutions to stabilize the offline market."
"Okay! I will implement it immediately." Nagato Ishihara responded, maintaining his contact with the Bentayga Capital Group, and then asked his assistant to notify the Market Information Department and transfer the core management personnel of various financial institutions to quickly implement the relevant strategies in the shortest time.
After more than ten minutes...
When the Bank of Japan institutions publicly told the market that they had carried out a new round of market operations and firmly maintained the stability of the yen exchange rate and ensured the current order of the financial market.
New York, Wall Street, Goldman Sachs Group Core Trading Room.
Kry Stover, as well as core traders of institutions such as David Ralder, Joti Shaman, Bazer, Gus Forta, were all surprised.
To be continued...