The Great Sage Returns from Ten Years of Imprisonment
Chapter 11 Crazy Leverage
A few minutes later, Lingyun and his team met up with General Manager Wang and went into the small conference room on the 16th floor.
This conference room is on the same floor as the chairman's office, and several key departments, such as the group's administration and finance departments, also operate on this floor.
Looking out the window of the small conference room, you can see the Bund across the street, bustling with tourists and blooming with flowers, while the mighty Huangpu River flows beneath your feet—the scenery is unparalleled.
Any man with a bit of ambition, standing at this window, can't help but imagine himself acting out a scene, and the stirring background music seems to echo in his mind.
"The waves surge and flow, the mighty river never ceases its roar..."
Zhou Hua and his group, who were entering this small conference room for the first time, had this feeling.
Looking at the interior of the conference room, they couldn't help but exclaim in amazement.
"Wow! This location is amazing! It gives me the feeling of owning the whole of Shanghai, it's making me a little giddy!"
"Absolutely! Not only is the scenery amazing, but the office conditions here are also top-notch!"
Ling Yun glanced at the goods and then explained the situation.
Although it's called a small meeting room, it's actually 120 square meters in size, and there's also a lounge of about 20 square meters next to it.
The meeting room has been divided into two office areas.
One office area is used for international crude oil futures trading, and it has only four workstations.
Each workstation is equipped with eight top-of-the-line computer monitors of various sizes, two high-performance desktop computers, a top-of-the-line keyboard and mouse, and an internal telephone.
Another office area was used to target Merrill Lynch and even the entire European and American financial markets; it was Ling Yun's base for remotely directing the investment team of the Hong Kong Island branch.
It also has four workstations, with the same configuration as the first office area.
In addition, the conference room also includes a rest area and a relaxation area.
The rest area is furnished with several sofas and a high-end massage chair, as well as a refrigerator, water dispenser, coffee machine, and a wide variety of snacks and drinks.
The lounge area features a nine-ball billiards table and two treadmills. During breaks, Lingyun and his colleagues can play a few rounds of billiards or go for a run to relax.
In the adjacent lounge, there are two bunk beds where people can rest and recharge when they are tired from work.
As Ling Yun explained, Zhou Hua and the others exclaimed in amazement once again.
"Wow! These conditions are amazing, but they sound a bit creepy. This is going to be a death trap!"
"Yes, I had that feeling too. Are we going to live here and trade 24/7?"
Ling Yun chuckled softly and nodded smugly.
"That's right, from now on, we'll be living here for the next month, monitoring the market 24/7, but not necessarily trading 24/7!"
"This time we're doing high-frequency, high-leverage international crude oil futures trading. The most important trading session is from 3 PM to 5 AM."
"To ensure fund security and transaction efficiency, and to maximize profits, we must have someone monitoring the order book 24 hours a day!"
"Of course, weekends are an exception. Everyone can have a good rest on weekends. As for logistics, the group's administration department will assign someone to take care of it."
Hearing this, Zhou Hua and the others were stunned.
Even Mr. Wang, who was familiar with the situation, was secretly astonished upon hearing this.
Working myself to the bone for over a month straight, this is truly pushing my limits!
The next moment, Zhou Hua and his group prepared to protest.
Just then, the conference room door opened.
Chairman Zhao, Chairman Jin, and General Manager Chen and a few others walked in together.
After everyone met, they greeted each other and exchanged a few polite words.
Immediately afterwards, Chairman Jin asked with concern:
"Lingyun, our cooperation plan will begin today, and the funds are all in place."
"I'd like to ask, how much leverage do you plan to use to go long or short on international crude oil futures?"
"Is your target Brent crude oil in London, WTI crude oil futures on the NYMEX, or other crude oil futures contracts?"
As soon as he asked this question, everyone looked at Ling Yun.
Clearly, this is a question that everyone is concerned about.
Without the slightest hesitation, Ling Yun immediately gave a clear answer.
"I've decided to trade the NYMEX WTI crude oil futures contract. It's the most actively traded crude oil futures contract globally, with the largest trading volume, and it's directly linked to international oil prices!"
"As for the leverage ratio, in the initial stage of the operation, I decided to use 100x leverage for trading. After accumulating a certain amount of investment profits, I will increase the leverage to 200x..."
Before the words were even finished, everyone gasped in shock.
Everyone was shocked by the leverage ratio and also startled by Ling Yun's audacity and madness.
After a brief moment of shock, Chairman Zhao and his colleagues immediately raised objections.
"100x leverage, and later they're going to increase it to 200x leverage? That's insane and too risky!"
"Domestic crude oil futures trading typically only offers 10x leverage, with a maximum of 20x! That's already high enough, but who knew you'd go even further!"
"Don't forget you only have a 200 million position. Doesn't that mean if international oil prices fluctuate by more than 1%, that 200 million will be wiped out instantly!"
"This leverage ratio is insane! You're trying to leverage 200 million to control a transaction of 20 billion, or even 40 billion, but you're putting yourself on the edge of a knife!..."
Before Chairman Jin and the others could finish speaking, Ling Yun confidently interrupted them.
"A leverage of only 100 to 200 times is perfectly normal in WTI crude oil futures trading on the NYMEX!"
"The leverage ratio of WTI crude oil futures contracts can be magnified to 2000 times, and the leverage ratios of major investment banks on Wall Street are generally above 500 times!"
"Besides, I won't throw all 200 million into the position at once. The initial investment will be over 20 million, so the actual leverage will only be around ten times."
"Only after I've earned enough profit will I increase my investment and leverage to earn even more!"
"Even with wild fluctuations, international oil prices are unlikely to rise or fall by more than 10% within a month!"
"To recoup all our losses as quickly as possible, we must employ high-frequency trading and high leverage; otherwise, there's no chance..."
Next, he explained his operational approach and investment strategy in detail.
As he explained, the crowd, who had been somewhat apprehensive, gradually calmed down.
Once everyone understood Lingyun's investment strategy, they became increasingly excited, nodding in agreement and quickly approving of Lingyun's decision!
The communication ended about forty minutes later.
Chairman Zhao took a file bag from his secretary and casually handed it to Ling Yun.
"Xiao Ling, from now on, your group can begin operations and start trading on the international crude oil futures market!"
"This folder contains information about the relevant futures trading account, as well as related authorization documents, etc."
"I hope you can do as you say and make great strides in the international crude oil futures market, helping the group and Chairman Jin recover their losses as soon as possible."
Lingyun took the file bag and nodded confidently.
"Thank you for your trust, Chairman, and thank you to all the bosses. We will certainly live up to your expectations and successfully complete this operation!"
"I am absolutely confident that I can help the group and all the bosses recover their losses within the agreed timeframe. Please wait and see!"
"Okay, then let's wait and see."
Chairman Zhao smiled and nodded, shaking hands with Ling Yun.
Following closely behind, Chairman Jin and the others said a few words and shook hands with Ling Yun with great anticipation.
After chatting for a few more minutes, Chairman Zhao and Chairman Jin left the trading room together to attend to their own business.
President Wang and President Chen stayed behind, ready to witness and supervise Ling Yun and his team's first transaction.
As soon as the door closed, Mr. Chen asked impatiently:
"Lingyun, the current international oil price is as high as $128 a barrel, and the international political and economic situation remains turbulent!"
"In this situation, are you going long or short on WTI crude oil futures contracts? Tell us your decision!"
"brush!"
President Wang and Zhou Hua all looked at Ling Yun with curiosity in their eyes.
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