LME is the world's largest copper futures trading market. It was established in 1876 and has non-ferrous metals such as copper, aluminum, lead, zinc, nickel and aluminum alloys.

Over a hundred years of accumulation, this exchange has a very high reputation worldwide, and its holdings of up to 100 billion US dollars in copper futures have given it strong financial pricing power for global copper prices.

That's right, it's the financial pricing power.

In modern economic theory, the main factor that determines the price of commodity resources is the supply and demand relationship. However, with the continuous advancement of information technology, the scale of forward market contracts has also continued to expand. Telephone, computer and fax orders are issued. With the rapid development of electronic Zerg, the inherent supply and demand relationship logic has long been unable to tell the real price variable relationship.

Hamazaka Taimen is very aware of this. As the chief trader of Sumitomo Commercial's non-ferrous metals department, the scale of his $6 billion position on London copper once affected the price of global copper resources.

LME   CA3M,    2361.08,-1.26%.

London, Sumitomo Trading Company's Nonferrous Metals Trading Department.

The Thai man from Hamazu looked at the price of Lun Tong March on the central computer and fell into deep thought.

As Asia's largest copper export company, Sumitomo is a natural short seller, because when the copper price is profitable, as long as a corresponding selling position is established on copper futures, it can avoid systemic risk fluctuations that cannot be predicted by the copper price and lock the risk in a certain space.

However, there is one very contradiction, that is, when the risk is locked, the profit is also locked in a fixed space.

If copper prices fall to an extremely downloadable space, then profits will be locked into a narrower position.

In a week, the price of Lun copper fell by 5%. If this continues, the low price may not even hedge Sumitomo's spot sales share in major copper companies around the world.

"Yoshino-kun. What do you think is the purpose of Capital One?"

Picking up a cigarette and lit it, Hamazaka Thai man turned his attention to his assistant Yoshino Yamashita. The analyst with great trading experience couldn't help but frown.

Logically speaking, with the influence of First Capital in Europe, there is no need to cooperate with Sumitomo, but the actual controller of First Capital came to Sumitomo.

Will the big rooster even pay New Year's greetings to the weasel?

I can think of it with my butt, there are definitely a big trick in it.

"Sir. Although the Chinese people are vast and rich in resources, they are extremely poor in mineral resources. Their tastes of copper or iron ore are very low. Perhaps, they want to cooperate with us to suppress copper prices and buy more resources."

"This doesn't make sense. As far as I know, Shen and the polar bear have a very close relationship."

"Will they just want to make a big profit in the futures market?"

“…”

This question made a hint of sarcasm flash in the eyes of Thai men at Hama-aka. Sumitomo holds the world's largest copper futures position, and it's not anyone who wants to make a fortune. The Great Japanese Empire is not a waste like Britain. It is still thinking about making money when someone is pressed to the ground to rub it.

"Yoshino-kun. No matter what they want to do, I think this is an opportunity. Without more positions to join, how can we make money? Do you think so?"

"But we have an agreement with Capital One."

"So what? Who has the final say about who is the biggest in this world? Besides, everything is just a verbal agreement."

"What do you mean by sir?"

"There is an idiom in China that is very famous, called Charge and Ending. But when I read the Romance of the Three Kingdoms, I learned that trapping the formation is actually a tactic, a tactic of surrounding the enemy and then eliminating it."

Yoshino Yamashita didn't know why Hama-aka Thai man was involved in the Three Kingdoms. As a loyal arcade fan, he thought of the Three Kingdoms who he loved to play the most.

"Can you also play the Three Kingdoms of Glory Company? I can get to Lu Bu's level with one coin."

“…”

The style of the painting suddenly changed. The Thai man Hamaakana looked at Yoshino Yamashita's excited expression, and was so angry that he almost choked by smoke.

"Bagya Tower, you ignorant idiot. I'm talking about tactics, not games."

“…”

I'm just asking what's the most evil?

Yoshino Yamashita looked at Hama-aka Thai man with a little aggrieved. The trading business is really boring. Isn’t he just a keen interest in dispersing pressure?

"Shen Jiannan is right. The financial crisis that is happening in Europe is an opportunity for us. If global copper prices plummet as a result, we can buy more copper companies."

What does this have to do with the Three Kingdoms you mentioned?

Yoshino Mountain did not dare to speak, but he still couldn't help but complain a few words.

"I am Lu Du, please give me some advice."

Yoshino's respectful attitude made the Thai man Hamakana feel infinite passion. He stood up and walked to the glass curtain wall to look at the sea that was not far away, and a hint of arrogant fighting spirit flashed in his eyes.

"Since Shen Jiannan wants to take the opportunity to short and make a big profit, then we can completely snipe the shorts they hold. When all their shorts explode, they will push the copper price to a new high. Wouldn't that make a lot of money?"

There was no surprise to Yoshino Yamashita's madness and arrogantness. As a helper, he knew very well how hammer the character of the "hammer" in front of him was.

In order to achieve double-killing of long and short kills to control global copper prices, Hamazaka Thai Man even asked DLT brokerage CEO Schreil Cade to provide him with false trading proof in order to cover up the size of his position actually held by his friend on the London Exchange.

Make Sumitomo the world's strongest non-ferrous metal seller and restore Sumitomo's dominant position in the global copper market during the Middle Ages is the goal of everyone.

Looking at the Thai man Hamaakaya standing in front of the window, Yoshino Yamashita said respectfully and lowered his head.

"What the adults are saying is, then how big should we establish a long position."

"madness."

"Hayi!"

"Get into the trap, trap into the trap. We must establish a larger short position to let all short positions in the market fall into it first, yours, understand?"

"Hayi!"

"Remember, at the same time, you need to establish enough long positions, but do not let people discover the problems."

"Hayi!"

“…”

You have Zhang Liang's plan, and I have a ladder.

Hamazaka Tainan didn't know that when he was calculating the First Capital, some people also regarded him as their prey.

Reputation?

A black and white agreement is a piece of waste paper in front of interests, let alone empty credibility.

LME   CA3M,    2361.08, buy 10.

LME    CA3M,    2361.08, 11 sold

LME    CA3M,        2361.09 Buy 11

LME    CA3M,                                                        �

......

Canary Wharf, the First Capital Investment Department.

Under William's instructions, the traders present abandoned the keyboard in their hands and typing back and forth on the keyboard in boredom.

Buy and sell.

After half a morning, no profit or loss ratio was generated in the total account.

This is nonsense.

There are three contracts on long positions, and there are a total of 57,989 contracts. There are three contracts on short positions, and there are a total of 57,986 contracts on short positions, and the price difference is only 0.05. What kind of profit and loss range can be seen?

For traders, this is a very boring thing.

All morning I watched the fluctuation of profit and loss fluctuations, so boring that I almost fell asleep.

Anyway, no matter how the market fluctuates, there will be no huge profit or loss. Who has the heart to pay attention to what kind of fluctuations the market is?

"Boss, why are we doing this? God, this is really boring."

for what?

Thinking of what Shen Jiannan said, William felt a sense of superiority in his IQ.

But in fact, he didn't know why.

Does it matter?

It has nothing to do with it.

However, one thing is certain, the boss used this tactic of not distinguishing between us and the enemy, but once scammered the Finnish Bank. No matter how he wanted to cheat Sumitomo, the result would be very pleasant.

The three words "defeated country" are enough to explain everything.

Ring--

Suddenly, the phone on the table rang, and William threw down the cigarette butt in his hand and grabbed the phone quickly.

"William, it's me, how are you doing there?"

"President Lamont talked to me yesterday. He said he would talk to David King, the president of the London Exchange, and try to adjust our margin to the lowest level. At present, we have held about 60,000 contracts on long and short positions respectively, and the copper price has also fallen to around 2361."

Shen Jiannan was still satisfied when he heard that Lamont was dedicated to discussing with the London Exchange for the company's transaction costs.

Not to mention anything else, even if you put money in the bank, you can make fixed income. If you use it for loans, the income can increase several times.

If the London Exchange can give the lowest margin, it will mean that the smaller the cash flow to be used by the first capital.

The money saved is real money.

Although the flies are small, they are also meat.

Isn't it?

It can be said that the bastard Lamont did not get a salary of 10 million pounds.

"It's great. But you may be busy in two days. Two of the newly developed products of Nanbo Bank have been capped. The money will be handed over to you when it is processed there. It's time to give the Spencer family a little color."
Chapter completed!