Rebirth: Starting from Cross-Border Trade
46 Fifteen times leverage! Buying stock index futures contracts! 6 is more

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The investment target that Chu Yue bought was the stock index futures of the Nikkai 225 Index, which was to be delivered on December 31st.

The target price was 3850 points.

Chu Yue didn't want to play with the limit micro-operation, so he gave up 65 points of space and escaped before reaching the limit.

He had nearly 14.4 billion yen as a deposit.

Five times the over-the-counter capital allocation, plus the current stock index futures itself only needed to pay 33% of the margin, so it was equivalent to three times the leverage.

The stock index futures itself had its own leverage. With the addition of the off-market capital allocation, when Chu Yue was really trading, the real capital that he could leverage was multiplied by three times on top of the five times the off-market capital allocation.

That was 15 times leverage! A total of 216 billion yen was mobilized!

When Takenaka Teru understood that the stock index futures that Chu Yue entrusted him with was equivalent to 216 billion yen, he was stunned for a full minute.

By the time he reacted, his expression was already fanatical and extremely excited.

"Chu Sang! It's my honor and Nomura's honor that you've asked us to handle this matter!”

"I will definitely fulfill your request, Mr. Chu!”

"This is a matter of great importance. Even if there's a slight mistake, I, Zhu Zhonghui, can't bear it. If it's because of me, I'll commit suicide to apologize to Mr. Chu!”

Zhu Zhonghui said solemnly.

Chu Yue chuckled when he heard that.

Why is it that you commit celibacy at every turn? It doesn't look good. It's so cruel, so bloody, and so painful. I'm here to make money. Why should I watch you commit celibacy?

Isn't it good to live well?

However, since the other party had said that he would commit harakiri, it seemed that he really valued it.

"I hope you can be as reliable as you said.”Chu Yue said.

Chu Yue and Nomura signed the relevant contract.

After doing this, Chu Yue felt more relaxed.

He had already completed the initial setup.

Next, he would slowly build his position. The Nikki index would climb to the highest point in history on December 29, 1989, and he would be able to reach [38,915.44] points.

At that time, once he climbed to this position, he would immediately backhand and go short!

Chu

Yue's preparation work had been completed.

September 15th.

He transferred his own funds into Nomura's account.

Mitsui Bank also quickly received the capital allocation from the large insurance companies.

At 9:35, Chu Yue brought his bodyguard Jiao Yuejin and four security experts hired by Mitsui Bank to escort Chu Yue to Nomura's headquarters in two black Bentley sedans that were also dispatched by Mitsui Bank.

Chu Yue got out of the car.

Akatsuki Takenaka was extremely respectful. He led ten of his stockbroker subordinates to welcome Chu Yue. With a 90-degree bow, he invited Chu Yue into Nomura's VIP conference room.

Jiao Yuejin, who was beside Chu Yue, had also changed into a suit and sunglasses.

Although she was not used to wearing it, it did feel different.

Jiao Yuejin felt honored to see so many people so respectful. He was glad that he had followed the right boss.

Zhu Zhonghui greeted Chu Yue respectfully and led him into the Nomura headquarters building.

Today was the day Chu Yue started buying stock index futures through Nomura. To Zhu Zhonghui, it was a big event, a big day.

In the VIP room.

The room was more than 270 square meters. It was decorated with bamboo and large oil paintings. There was also a lounge and a beverage area.

Outside was the work area for Nomura's staff who were specially assigned to Chu Yue's project.

Chu Yue had an independent office with a high-class and elegant decoration.

The environment was quite good.

In the future, this would be the place where Chu Yue would conduct his financial operations.

"The funds are in place.”

"Buy it. The Nikki stock index futures for delivery on December 31st will be cleared when the stock index rises to 38850 points.”

Chu Yue said.

This was his trading strategy.

Chu Yue didn't plan to do short-term trading. Instead, he directly bought stock index futures and kept going up until the peak of Nikkei 225.

Takenaka Teru and his subordinates hurriedly started working.

Although Chu Yue was in charge of Tokyo, he needed to call the stock exchange in Osaka to buy stock index futures.

The

first stage was from the early 1980s to 1987, which was the initial experimental stage from scratch.

In the early 1980s, the Chinese government opened its stock market to allow foreign investors to invest in the domestic stock market.

However, the stock index futures contract first appeared overseas. On September 3, 1986, the futures of the Nikki 225 index were traded on the Singapore Financial Future Exchange (SIMEX).

At that time, the stock exchange law stipulated that investors were prohibited from engaging in futures trading. Therefore, the stock exchange market at that time did not have the legal conditions to launch stock index futures trading.

In 1988, the second phase began.

At this stage, through the revision and formulation of laws, the domestic stock index futures market was gradually on the right track.

In 1988, the financial market management authority approved the application of the Osaka stock exchange to carry out futures trading on the Nikki index. In May 1988, Japan revised the stock exchange law to allow cash delivery of stock index and options. In September of that year, the Osaka stock exchange began trading the Nikki 225 index futures.

What Chu Yue was buying through Nomura was the Nikkei 225 Index.

Currently, the Nikki 225 index was 33850 points.

The price of a stock index futures contract was the current stock index points multiplied by 1,000 yen.

That was 33.850.000 yen per ticket.

33.85 million yen.

It was quite expensive, and ordinary people could not afford it at all!

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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