Chapter 20 is absolutely outrageous!
Before long, new worries welled up in Zhang Wei's mind.
How much of the five million will this "royal relative" who suddenly appeared out of nowhere lose today?
Those aren't stocks, they're futures! And they involve leverage!
If they really lose everything, and then turn around and blame it on the risk management team for not stopping it in time, that's why the huge losses happened...
That would be a huge mess, and they'd be in deep trouble too.
I'm really torn.
He tried hard to look away, telling himself not to pay attention to that hot potato.
But out of the corner of his eye, he couldn't help but glance at Su Hao's constantly flashing trading window.
There seemed to be an invisible magic there.
"Um?"
As he watched, Zhang Wei rubbed his eyes, thinking he was hallucinating from excessive tension.
"Did I see wrong?"
The numbers on the screen were completely different from what he had expected. It was utterly unbelievable!
"What...what's going on with this rate of return?!" Zhang Wei's voice trembled!
Given that kind of crazy and chaotic operation, the account balance should have plummeted, showing a shockingly huge loss!
But Su Hao's capital curve, instead of declining, has been rising against the trend!
Every buy, every sell.
Despite the nerve-wracking frequency of trading, Su Hao's account profits continued to climb dramatically!
It was like riding a rocket!
***
Su Hao stopped trading at midday closing.
It's not that I don't want to, it's just that my body simply can't take it anymore.
"Ugh..." He let out a very faint groan, more like a breath of exhaustion leaking from between his teeth.
My eyes are sore and stinging, almost impossible to open, and my eyelids feel as heavy as if they were filled with lead.
My brain felt like an overheated engine running at full capacity, buzzing and spinning, bringing waves of intense dull pain and dizziness, making everything appear double.
"It seems that this 'ability' also has its limits." A realization flashed through his mind.
This experience is unlike anything I've ever had before.
Continuously urging that mysterious sense, my fingertips almost crushed the mouse as I mechanically executed buy and sell commands, feeling like my bones were about to break.
As a result, the body was the first to protest, indicating it was overwhelmed.
Only today did he truly realize that this "ability" he relied on for survival could also be "overloaded".
"The price... is still fluctuating."
He vaguely sensed it, but that clear, guiding "intuition" was like a candle that had burned out completely.
Perhaps he had pushed me too hard today, and I need a rest.
Just staring at the numbers flashing on the screen made him feel nauseous and dizzy.
He simply closed his eyes, leaned back heavily in his chair, and tried to find a moment of peace.
'Right, how much was the profit again?' he thought vaguely.
The action I just took was driven by an almost instinctive impulse to click frantically, as if I were possessed by something.
As for whether he made a profit or a loss, how much he made or how much he lost, he simply didn't have the energy to pay attention to it.
Just grab the mouse and click hard!
"...Let's look at it later."
Now, he doesn't even have the strength to look up at the screen.
Only rest.
***
When a company grows to a certain size, it tends to stabilize, and ordinary storms are no longer enough to shake its foundation.
But financial companies are an exception.
This industry is always walking on the edge of a knife.
Not to mention distant examples, there are now overseas giants whose scale is several times that of Fang Huan Investment.
Cases of companies collapsing due to a single oversight in risk management are not uncommon and frequently make headlines.
To mitigate this impact, China has established layers of financial regulatory barriers, but this does not mean that we can rest easy.
The painful lessons learned from domestic financial companies suffering astronomical losses due to risk control failures have occurred more than once in history.
Such as the Everbright Securities "fat finger" incident, the Industrial Bank stock price surge to the daily limit, the China Aviation Oil oil options huge loss incident, and several other well-known financial storms...
The bloodstains were still wet.
Some of these names have long been lost to the dust of history.
In the Chairman's Office, Huang Fengwen, the head of Fang Huan Investment, was buried in a mountain of documents.
"Tsk, endless reports."
He muttered a complaint under his breath, his fingertips tracing the dense text.
The air was filled with the mixed smells of paper and faint cigars.
He could certainly pass these materials to his secretary or subordinates to write summaries.
But what if they overlook a crucial detail while filtering information, causing him, the top decision-maker, to make an incorrect judgment?
Such a fatal mistake must never be allowed to happen.
Therefore, no matter how long and complicated the documents were, Huang Fengwen insisted on reviewing them personally and reading them word by word.
" The Federal Reserve's interest rate meeting is coming up soon, and all contingency plans must be in place..." He rubbed his sore eyes.
"Sigh, the company has grown bigger and bigger, and we're getting busier and busier."
He stretched his stiff shoulders, feeling he needed to rest for a moment.
Then, he suddenly remembered something.
"By the way, how's that Su Hao... how's that kid doing?"
Yesterday was his first day as a formal trader, so he must have been quite flustered.
Moreover, the market is currently in a continuous downtrend.
He thought to himself, "That kid probably lost money."
"The initial capital given to formal traders is usually only one million. According to the rules, a loss of up to 2% will trigger risk control..."
Huang Fengwen calculated in his mind: "Over those two days, Su Hao probably lost around 40,000 yuan?"
Yes, forty thousand.
Consider this money as tuition for him, a vivid lesson in social practice.
Who told him to be a guild member he greatly admired?
Thinking of this, he casually pulled up Su Hao's account information to see exactly how much he had lost.
"What... thing?"
The numbers displayed on the screen caused his pupils to contract sharply!
The total amount in the account far exceeded his expectations!
"How could there be seven million?!"
The initial capital was one million, and now it has become seven million?! That's a sevenfold increase!
Huang Fengwen immediately realized:
Those guys down there probably know that Su Hao came in through his connections.
The extra few million was obviously added later, and even the risk control department turned a blind eye, not implementing any risk control measures at all!
"Damn it, these bastards!" He suddenly felt a headache coming on.
Su Hao, that kid, probably doesn't know anything. He's like a puppet, doing whatever he's told to do.
Now... how much money has been lost?!
If I had known it would turn out like this, I should have called all the relevant personnel in and given them a good talking-to!
...Um?
"etc."
Huang Fengwen frowned, his eyes fixed on the transaction details, and noticed something amiss.
Initial capital: one million.
First-day return: +8%!
Therefore, the trading department manager used his authority to add four million in funds, raising the total trading limit to five million.
Then there's today's yield...
"Forty percent?!"
Huang Fengwen gasped softly, his eyes widening like copper bells.
He himself was once a successful trader, although that was in the primitive era when you still had to go to the securities company to trade in person.
But whether in the past or present, short-term traders who can achieve a 40% return in a single day are extremely rare!
Especially in the domestic A-share market, the daily price fluctuation limit is currently generally still around 10%!
Even in the American Stock Market, where there are no price limits, there are very few traders who can make a 40% profit in a day through short-term trading!
This is mainly because the increasingly stringent risk control system no longer allows for such aggressive and risky operations.
More importantly, a 40% return in a single day is almost...
The Realm of Gods!
Su Hao.
He thought this was a naive young man who needed his special care.
They used an incredibly insane method to repeatedly trade futures, managing to generate an absurdly high return of 40%!
Moreover, this was done after using up all of my principal of five million!
"The system has encountered an error!"
This was Huang Fengwen's first reaction.
This is the only reasonable explanation!
Otherwise, how could that be?!
He immediately picked up the phone and connected with the technical department.
"What? The system is perfectly normal? Check it again! Check it thoroughly!"
However, no matter how many times the technical department confirmed it, the result was the same: there were no errors in the system.
That youngest member of his guild, always cheerful, with a good personality and hard work, who said he wanted to quit the game and find a job, was just casually assigned to slack off by him...
Today, Fang Huan Investment has created a transaction record that will go down in the company's history!
"..."
Huang Fengwen stared blankly at the screen, speechless for a long time.
His original script was:
Come in, young man, and experience the harsh realities of society. You might lose a little money.
Then, as the "elder brother," he would offer a few words of heartfelt comfort, demonstrating the care and magnanimity of a senior.
And what was the result?
On his second day at work, he broke the company's single-day profit record?!
Was it just good luck?
No.
Huang Fengwen's gaze swept over the densely packed transaction records.
This cannot be explained by luck!
It's purely through countless precise high-frequency buying and selling trades that profits have been accumulated!
What alarmed him even more was that the kid had just stopped trading at noon.
Since that point in time, futures prices have been stuck in a long period of narrow sideways movement, making trading suddenly much more difficult!
'He knew in advance!' Huang Fengwen was filled with shock.
'He knows when it will go up and when it will go down!'
But... is this even possible?! Is it realistic?!
"..."
Huang Fengwen stared blankly at the screen for a long while before suddenly snapping back to reality, a sharp glint flashing in his eyes.
"We can't wait any longer."
He quickly grabbed the internal telephone on the table.
"Secretary Zhang," his voice regained its usual composure and authority:
"Immediately issue a notice to summon all... all those in charge related to Su Hao to my office right now!"