I am farming in the real world

#271 - Wall Street's frequent flyers!

Chapter 268: High-Flying Acrobats of Wall Street!

Inside the undersea trading room at the bottom of the Pacific Ocean, Chen Jue watched as Lao Shang and the others relentlessly hammered at their keyboards, rapidly issuing massive short orders in the dazzling US stock market and the Chicago futures market.

Due to the existence of 'financial derivatives' in the US financial market, every $1 flowing into this market can be leveraged wildly, allowing for speculative operations of $100 to $200.

Moreover, the quantitative trading program written by Lao Shang not only allows for rapid sub-account proliferation but also incorporates 'hedging' risk warnings.

Coupled with the ironclad, millisecond-level trading techniques of the team, as long as the opposing side is human, they can essentially maintain an eternally undefeated myth!

Of course, Chen Jue wasn't the only main force shorting US stocks and soybeans this time.

After such a long period of preparation, the real national team under the Central Bank, such as China Futures, had already infiltrated the market.

Everyone was staying up all night, staring at the market, waiting for the true arrival of the storm!

......

Just as the Eastern Hemisphere entered the night, the Western Hemisphere, far across the ocean, welcomed the day.

As the sun slowly rose, Wall Street on Broadway in Manhattan, New York, USA, began its morning rush hour.

Yellow taxis flowed through the streets, and financial professionals in suits, carrying briefcases and steaming American coffees, walked into large buildings such as Nasdaq, the New York Stock Exchange, and the New York Mercantile Exchange.

Of course, in addition to these exchanges, large Western consortia have also set up offices in this CBD.

The Rothschild family, the Morgan family, the Rockefeller family, Goldman Sachs, DuPont, and others all have their own banks and insurance companies here.

Tom is an employee of one of these companies, a group called Vanguard.

Don't think this capital group isn't well-known domestically; ordinary people have only heard of Blackstone, BlackRock, etc. But you just need to know that Vanguard, as an old-brand American consortium, controls most of the industry giants in China.

Behind the complex equity interweaving of companies like Xiaomi, Alibaba, Tencent, and JD.com, there are shadows of this large capital group.

Tom currently works in Vanguard's grain futures department, responsible for managing the group's grain-related businesses.

After getting out of his Uber, he passed through several security checkpoints with his coffee and arrived at his workstation.

Looking at his colleagues rushing around, Tom felt that today's Wall Street market seemed to have some big moves about to happen.

"Tom! The supervisor wants you to go to his office for a meeting in 5 minutes. Remember to check the work list in your email!" A young intern, scurrying down the aisle, shoved a work memo at him.

In today's America, those who can work in large consortia like Vanguard are top students who graduated from prestigious universities.

These people receive high salaries and benefits, living enviable lives of luxury and extravagance.

Even interns can receive nearly $10,000 a month, which can be said to be the epitome of the American Dream of the past.

"Meeting?"

"Is there another fluctuation in which sector?" Tom took the memo, quickly opened his trading tools, and started looking at the colorful K-line charts.

"There's nothing unusual!"

Tom muttered, tidied up his desk, and went to the office to attend a small pre-market strategy meeting.

Listening to the trading strategies and the main attack direction of grain futures that the supervisor was arranging at the meeting, Tom began to drift off into space.

When he returned to his workstation again, it was already 9:29.

At this time, it was approaching the normal opening time of the major futures markets.

As the familiar bell rang, Wall Street once again entered a busy day.

Capital from all over the world began to converge in the market, shorting, going long, and the high-frequency trading put traders like Tom into a state of intense involvement.

However, as soon as the market opened this morning.

The CBOT soybean sector of the Chicago Mercantile Exchange experienced abnormal fluctuations. Massive short orders from all directions, as if directed by some mysterious force, began to pour into the market.

"Level 3 Warning: CBOT Soybean Risk Alert!"

"There is a 12.9% probability of liquidation in this sector's open positions. Please adjust your positions as soon as possible."

Seeing the AI trading program pop up a position warning, Tom immediately switched to the soybean sector to re-adjust his position.

But looking at the soaring big negative line and the constantly increasing short orders in the market, Tom felt that his hand speed couldn't keep up.

Watching helplessly as the subsequent Level 2 and Level 1 alerts automatically popped up, his CBOT soybean position was unsurprisingly liquidated.

"Shit!"

"Damn it!"

"What's going on with soybeans?"

Tom watched as more than $10 million of value in his position was instantly cleared, and he was completely stunned.

Traders like them earn their salary and commission entirely based on profit.

Now that even the principal of his position has been lost, it is estimated that this month's benefits and bonuses will be gone, and his position sequence level will also be affected and adjusted downward.

However, what Tom didn't expect was that his soybean futures liquidation was not an isolated case.

In just a moment, Tom had already heard similar outbursts coming from several workstations near him, and many familiar colleagues were exclaiming: "CBOT Soybeans!"

And in the Chicago Mercantile Exchange market, the price of US soybean futures plummeted from 1023 cents/bushel at the opening to 956 cents/bushel, a drop of 6.5%!

Immediately afterward, before everyone could react.

US soybean futures experienced a technical suspension because the price of US soybeans on the market had been pushed down to 935 cents/bushel.

A drop of more than 8% successfully triggered the trading market's circuit breaker mechanism!

From the opening to the circuit breaker, the entire process did not exceed half a minute, to be precise, 23 seconds.

At this speed, it is difficult to adjust with human reaction speed alone, and even top traders will feel a little caught off guard.

Not only Vanguard, where Tom works, but the entire Wall Street market was filled with wailing, and more than one million US soybean long options collectively liquidated due to the opening circuit breaker.

This scene was even more fierce than the frequently exploding Bitcoin the night before!

"WTF????"

"What black swan event happened?"

"Why did CBOT soybeans fall so much!"

Tom hugged his head at his workstation, asking colleagues who were equally confused.

As a result, hearing the alarm bell representing the triggering of the 'circuit breaker' mechanism in the office, several supervisors in the deepest office ran out in a state of shock.

"Fuck!"

"Fuck CBOT soybeans!"

"Fuck USA!"

Immediately afterward, a supervisor named Johnson, whom Tom knew and was responsible for the CBOT soybean fund, smashed the window on the 23rd floor in full view and jumped down, becoming one of the many Wall Street high-flying acrobats.

"oh ~ shit!"

"OMG!"

There was a burst of exclamation in the office.

Because in the circuit breaker just now, more than 10 billion US dollars of Vanguard's soybean fund vanished into thin air.

Some of the funds were also the personal property of that supervisor Johnson.

In just 23 seconds at the start, a lifetime of hard work turned into nothing with the blessing of high leverage.

Thinking of the subsequent punishment from the group, and the experience of going from heaven to hell in one thought, Supervisor Johnson couldn't stand this kind of life ups and downs, and didn't want to run to Central Park to sleep on the streets as a homeless person.

So he left himself a decent way out, directly went all-in and jumped, choosing to restart his life!

And Tom, whose brain was stunned by the jumping scene, caught a glimpse of an emergency push from the market with the corner of his eye, which caught his attention.

"CNN: The Ministry of Commerce of the Flower Kingdom announced that due to the application of new soybean varieties and the substantial increase in domestic soybean production capacity, it is expected to suspend the import of more than 50 million tons of American soybeans from the USA every year starting next week."

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