This closed-door internal emergency video conference lasted less than three minutes and the decision was made, which can be said to be very efficient.
It doesn't matter if they don't do it quickly, there is really no room for them to delay, because every minute of delay is an astronomical loss. If this machine is left open for several hours, the problem of day lilies is not cold, but already smelly.
The final decision is to unplug the network cable!
The time point at that time was 16 minutes after the reverse short squeeze. As the world's largest futures exchange, the Chicago Mercantile Exchange suddenly issued an emergency announcement: Due to technical problems in the trading system, all CME-Globex markets were suspended.
.
CME Group was the first to announce the unplugging of the network cable, and other exchanges followed suit.
WTI crude oil and North American natural gas on the NYMEX platform; gold on the EX platform of the New York Mercantile Exchange; CME commodity futures contracts including corn, wheat and soybeans on the CBOT platform of the Chicago Board of Trade; and some global exchanges.
Trading in the most actively invested financial instruments, including U.S. Treasury bonds and S&P 500 futures, was suspended.
A spokesman for CME Group responded that it is currently looking for the cause and will announce the market restart time soon.
The so-called suspension of transactions, an expression of low emotional intelligence, is the physical operation of unplugging the network cable.
Investors all over the world are in an uproar, and domestic investors also say that they have been here to witness history in the past two days. This situation gives people a rhythm that is evolving towards an out-of-control situation.
At this moment, media all over the world are covering it overwhelmingly, and a series of sudden events in the capital market have become the headlines of various media outlets, large and small.
The popularity on domestic and foreign Internet platforms remains high, and they are basically reporting related news.
A trader from a quantitative hedge fund on Wall Street said in an interview with the media that in the past 40 hours, due to this "black swan" event, the world's major capital markets have experienced a decline in stocks, futures, options, bonds and their financial derivatives.
In total, about $7 trillion has evaporated.
However, the trader did not disclose what caused this "black swan" incident, because he did not know, and even if he knew, he would not dare to say anything without instructions even if he was killed.
…
At the same time, it was late at night here in the Eastern Hemisphere. At this moment, Fang Hong, Qiu Guangcheng, Chen Yu and others also held a temporary video conference again.
At this time, Hua Yu could be seen saying with a look of amazement: "The network cable has indeed been unplugged in North America. I have to say that these two days have been the greatest traders I have ever seen in my life. It is unprecedented and will be difficult to come by.
"
Everyone else at the meeting also nodded in agreement with this view. Everyone present was so impressed by Fang Hong that they worshiped him. All of this was actually his remote control of the entire market, and he controlled his opponents to death throughout the entire process. It was simply
Standing in the atmosphere, he perfectly predicted the opponent's prediction.
Not only that, it takes a lot of courage and courage to dare to play such a big game. If it were anyone else present, even if they could do it, they would not have the courage and determination to do it.
Qiu Guangcheng, who attended the meeting, also spoke: "The current situation is perfect and progressing perfectly according to our preview. If we continue at this pace, if nothing happens, after the opponent unplugs the network cable, he will probably have to default on the rollback operation."
.”
At this moment, Shi Yao, who was attending the meeting, couldn't help but said: "What I'm more worried about is that currently our funds have been withdrawn from the market, but the funds cannot be transferred away. Strictly speaking, the funds are not out of risk. If they come
This is a big freezing operation, and there is still a risk that our funds will be dug out."
Shi Yao added: "Take U.S. stocks as an example. After selling U.S. stocks, the funds will arrive in your account immediately, but it does not mean that you can withdraw money immediately because U.S. stocks implement a T3 mechanism."
The so-called T 3 means that investors cannot withdraw funds until the opening of the third trading day after selling stocks in the U.S. stock market.
Now the American side has directly "unplugged the network cable", which means it cannot be moved. If you want to check, it is very simple. You can screen out which accounts have made a lot of money, and then further screening can lock the capital account of Star Capital.
At that time, they can be directionally frozen and the capital and interest will be confiscated. At that time, there really will be no good way to deal with them.
After a while, Chen Yu who was attending the meeting said directly: "Hey, what you said is technically possible, but it does not have a practical basis. Then they have to check the investment accounts all over the world one by one. They have to investigate.
Until when? Other investors are not allowed to blow up their hair? To put it another step back, if you want to investigate, you have to shut down trading for a long time, and it will take him a day and a half to complete the investigation."
Chen Yu further added: "And I also have technical means here. It is impossible to catch them without mercy. I can cause them to conduct large-scale mis-examinations. Those who have been mis-examined, frozen and confiscated must not be fried? Globally, this has affected so many people."
How old is it? Can the United States grasp the barrel and create a bigger basket? If this is done, the global economic order will completely collapse, and the order of the Western capital market will also completely collapse, and the loss will not be 7 trillion US dollars.
If one or two Americans cannot stop the loss of their annual GDP, they may be unable to recover, so they definitely don’t dare to do this.”
At this point, Chen Yu continued: "If nothing else, let's just say that if you unplug the network cable and suspend trading, they will only delay it for two or three days at most, and then they will definitely restart market trading. If they dare to shut down for more than a week, it will
The losses will definitely exceed the scale of the profits we harvested, and the losses will be even greater, not to mention the subsequent risk of completely losing control. Once out of control, no one can guarantee what the consequences will be."
Obviously, Chen Yu's conclusion is very simple, they don't dare!
Especially in the United States, finance can be said to be the foundation of its country. To do so is tantamount to digging up its own roots.
Even if it is technically feasible, there is no realistic basis for implementation.
After hearing Chen Yu's analysis, Shi Yao also felt that his worries were overridden. As long as the market restarted trading, all funds could be withdrawn immediately.
Therefore, the only option left to the United States is to recover losses through games at the national level and re-games at the political level, but this is another matter.
After a while, Fang Hong, who had not spoken yet, asked calmly: "Not counting the US$300 billion that was safely evacuated in the early stage, how much profit is there now?"
Hearing this, Qiu Guangcheng suddenly became energetic. He suppressed his excitement and reported: "So far, after excluding the US$300 billion, the total profit harvested has reached US$2.71 trillion!"
Everyone present was moved by this. Counting the previous 300 billion U.S. dollars, the total amount exceeds 3 trillion U.S. dollars. Excluding exchange rate changes, it is equivalent to 18.6 trillion yuan in RMB.
What exactly is this number?
Compared with the current market value of Xingyu Technology, it can match the combined market value of the 13 Xingyu Technologies; compared with last year’s national fiscal revenue of 13.5 trillion yuan, it was 5.1 trillion yuan more; compared with last year’s national land sales revenue
4.2 trillion yuan, which is 14.4 trillion yuan more than that.
If the price is calculated based on the fact that one aircraft carrier can be built at 40 billion yuan, 465 aircraft carriers can be built.
