Chapter 1687 [Short position pulls out the network cable?]
By around 10 o'clock, the trading volume of the SGX market had exceeded 1.7 trillion.
Everyone is stunned when they see this amount of energy. The AI analysis on the market software predicts that today’s SGX market’s full-day turnover is 4.2 trillion. The AI analysis on some market software predicts that it will reach 5 trillion.
After all, there are individual investors in the SGX market with a single T0. Theoretically, if a stockholder holding chips executes selling, buying, and then selling today, then the same 100,000 yuan of funds can generate 200,000 yuan.
of turnover.
This is also the reason why the current full-day transaction size of the SGX market starts at 1.5 trillion, and can reach 1.8 trillion with a small amount, and can easily reach 2 trillion with a large amount.
And with the current explosive emotions that make people lose their minds, it is not impossible for the SGX market to blast out 5 trillion yuan of energy.
But something unexpected happened. At about 10:11, the trading volume of the entire market suddenly shrank from a cliff, or even completely stopped.
"What the hell? What's going on? Why can't the order be withdrawn? Why can't it be sold? Why can't the transaction be completed?" A retail investor was stunned. He tried several times but it didn't work. Then he yelled in anger.
Not only this retail investor, but thousands of investors find themselves unable to trade normally at this moment.
Sell orders could not be filled, buy orders showed pending declaration, and some investors simply had their accounts forcibly withdrawn.
Major stock forums and communication groups were exploding at the moment. Investors were discussing with each other, and only then did they realize that everyone's accounts had collapsed.
Soon, there was a news push on the news page. After about 10 o'clock, all major brokerage firms experienced downtime, resulting in the inability to trade normally.
The trading system of the SGX market was not affected, and the SGX 50 index still firmly sealed the price limit.
But the brokerage collapsed.
The time-sharing trend of the market in the two neighboring cities has also become very strange, going straight flat, but it is not the daily limit, and occasionally there is some trading volume.
At this moment, the trading volume of the three major A-share trading markets collectively dropped by more than 90%, including the SGX market, where the trading volume suddenly dropped sharply.
There is no problem with the SGX itself. The trading system always operates normally, and orders can be executed as long as they are reported.
But the problem now is that the brokerage side is down, resulting in no orders being entered into the SGX trading system. People can't sell or buy. Once orders are placed, they can't be withdrawn, and funds are stuck there.
Countless stock investors are complaining about the money-picking market, but their own money is stuck there and cannot be sold or closed. Can you not be anxious?
When such an unexpected situation occurs, the short sellers are so anxious that they directly "unplug the network cable", but not for the SGX, because they have tried several times before to no avail. The stabilization fund and the SGX trading system are rock solid.
.
But the short sellers still pulled the plug, targeting the two neighboring cities.
Because they also shorted in the two markets next door, but due to the violent short squeeze in the SGX market, the short sellers turned around and went to the two markets next door in a hurry, and then shorted the two markets next door.
It's just not as strong as the SGX, but this kind of market sentiment is still enough to blow up short sellers.
The Shanghai Composite Index exploded from over 2,700 points in four days to over 3,200 points now, a sharp increase of 500 points, which directly caused short sellers to lose money. If it continues like this, the positions will be liquidated.
As time goes by, all kinds of news are flying all over the place.
Around 12 o'clock, someone broke the news that the short seller had unplugged the network cable. I don't know whether it was true or not. Instantly, it was hotly discussed in major forums and communication groups.
[Real or false? The short seller pulled out the network cable?]
[I heard a piece of news and I don’t know whether it is true or not. The army of short sellers inside and outside shorted the SGX last month. Do you remember the five consecutive murders?]
[Of course I remember it, it’s still fresh in my mind.]
[SGX itself has no short-selling tools, but last month OTC transactions were wildly open. I heard that the scale of OTC transactions is calculated in "trillions". If the SGX 50 index explodes, OTC
The short-seller profits from the transaction are going to be huge, but in the recent four consecutive bullish days, the short-sellers have been violently squeezed out, and their losses have already exploded.]
[Where did the news come from?]
[Holy shit? So, the violent rise in the market during this period is to excite short sellers in over-the-counter transactions?]
[Yesterday, short sellers were liquidated, and today is even more tragic. Short sellers were liquidated on a large scale. I heard rumors that God K ordered the short sellers to be hunted down and to destroy them directly.]
[Niubi Niubi! Wow, no wonder the NSE 50 index has soared so much. The top board is not given a chance to get on the train, just to excite the short dogs!]
[Short the SGX? Who gives these short-term dogs the confidence? Haha, you are stupid, it’s a blast!]
[K God Bull Pen, yyds! I knew K God would take action!]
[Gods fight, mortals suffer, I lost money to death, I cut my position at the bottom and ran out of money. Fortunately, I got it back through bidding in the morning.]
[Sure enough, something big happened. Let me just say, there is no such way of rising under normal circumstances. It completely deviates from the laws of the market and the laws of economics...]
[Pull out the short dogs and smash the heads of the short sellers!!!]
…
As time went by, it was not until the last ten minutes of trading in the afternoon that the systems of major securities firms gradually resumed normal trading.
Without this unexpected incident, the trading volume of the SGX market today would definitely have exceeded 4 trillion, or even 5 trillion.
But after this incident, today's volume will definitely not exceed 5 trillion. Although normal transactions have been resumed at the end of the day, time is no longer enough, and it has not yet fully recovered.
Nowadays, all kinds of news and rumors are flying all over the market, whether true or false.
The brokerage side said that today's trading was too hot and exceeded the peak of system operation. Some brokerage employees even said that there are currently more than 1.4 million people queuing up to open accounts, which is quite an exaggeration.
It is worth mentioning that the number of investors who have opened trading rights on the SGX has indeed increased dramatically in the past two days.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! As of the close, the NSE 50 Index closed out of the exponential triple board, emerging from the bald and barefoot Yang line. Today it surged 15.81%, setting a new record for the largest single-day increase in history.
, closing at 13285.10 points, the SGX market’s full-day turnover was 1.904 billion.
The gap created by this K line today is really going to the sky. From the graphic point of view, this K line directly breaks away from the left range and hangs alone above.
During the four days of skyrocketing prices, investors who held the "big and small kings" Xingyu Technology and Matrix Quantum were extremely uncomfortable.
These two super-weighted large-cap stocks announced their trading suspensions in March, which made many investors who held the stocks feel that they were severely shorted by this super market. The prices outside were going crazy, but they had nothing to do with them, and they were locked up.
Inside, I could only stare at others bending over to pick up money and make money, not to mention how uncomfortable it was.
The stock forums for the two stocks are also very lively at the moment.
[It’s really hard to tell. I bought half and half of Matrix Quantum and Xingyu Technology. As a result, the stock was suspended in such a big market. I see you eating the 20cm daily limit every day, so I missed the big hit that has never been seen in history.
In the bull market, everyone is stupid.]
[Hahaha, forgive me for laughing unkindly.]
[Brother, think about it on the other hand, you have a full position and a big king, and the suspension of these two tickets also allowed you to escape the five consecutive violent killings at the end of April. If the trading had not been suspended, I ask myself, could you have withstood the killings like that at that time?
How many people can bear it?]
[Uh... that's true. Anyway, I probably couldn't bear it for those five days. I might have cut it at 8331... (face covering.jpg)]
[That's right, you should eat and drink when you should, don't think so much, and just have fun secretly. Those who cleared their warehouses are now mad, and those who cut at 8331 are even more mad.
Vomiting blood.]
[Also, the prices have skyrocketed every day in the past few days. Although I haven't made a penny, I am happy that my stocks are still there, there are still so many shares, and they are still in the car.]
[Be patient and wait for the resumption of trading. The increase will definitely be supplemented by then. I think it is not a big problem for you to get 40 or 50 points from the companies that Xingyu Technology has split. The companies that Matrix Quantum has split are generally optimistic about the rebound.
times.]
[I am also heavily invested in Matrix Quantum, and I am a little worried about what I should do if the market adjusts when trading resumes?]
[What are you thinking? Regardless of whether the market adjusts or not, as long as the fundamentals of such fixed-star-level stocks do not change, they will definitely make up for the increase when trading resumes. If the market adjusts, it will rise even more and play a big role in protecting the market.]
[Although the suspension is somewhat uncertain, it also has advantages. At least none of us have been washed out. At least we have perfectly escaped five consecutive assassinations. I heard that trading will be resumed in the second half of the year. Please be patient and wait for the golden autumn harvest.]
[We love in midsummer, you love in late autumn, we all have a bright future, and you are so bright that you are dizzy...(Shiba Inu.JPG)]