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Three hundred and twentieth chapters teach life

The London Metal Exchange is the world's number one metal trading venue. In the 100 years since the exchange was established, almost all metals have been listed for trading here. As the world's largest metal, steel will naturally not be ignored by investors.? ?

It is just because futures requirements are standard, but the quality of iron ore around the world varies greatly. Therefore, only iron ore produced in a few specific high-quality mines can be traded. The ore from Brazilian Iron Quartet and Caracas is the most important one.

Like other futures exchanges around the world, the London Metal Exchange also trades for 24-hour working days, of which 7:00 am to 5:00 pm are on-site trading hours, while the rest are on-site trading. Of course, due to the disadvantages of too many restrictions and trading delays such as over-site trading, most futures investors will choose to trade on-site.

There are crowds of people in the exchange, and many brokers on the market are loudly shouting and asking prices for their customers, making this place like a noisy vegetable market.

Like all exchanges, the London Metal Exchange has prepared special private rooms for the big investors who are present in person. On the second floor of the exchange, you can look down at the entire exchange hall when standing in the room, which is very fulfilling.

It was less than 7:30 in the morning on November 17th, and all the boxes on the exchange were rented out. This is very rare on the London Metal Exchange. It is generally good to have half of the work you usually have, but this is a full day's result; but everyone understands it today, because today is the second day after the Valley Mineral Company announced the increase in production.

"I already know that yesterday, those people in York not only entered the iron ore futures transactions, but also added a lot of transactions, but Luxembourg had no reaction at all. This can be clearly seen that the Sao family has declined, and they have no courage to face their opponents. So what else should we worry about such a Sao family? Just grab a ruthless iron ore futures this time!"

A fat man in a private room said happily, wearing a gem ring on his fingers, and his three friends sat beside him watching him frosty.

Suddenly, the numbers on the big screen outside changed, and iron ore futures fell by four-thousandth again, falling from 27.69 to 27.58.

Seeing such a change in numbers, the fat man stood up excitedly. He pointed to the big screen and said to his friends: "Did you see it? The price of iron ore is constantly declining. What are you still hesitating? Are you still afraid of Luxembourg? Oh damn it, it is no longer their time. They are old and can no longer walk, and this market is not familiar to them."

"So families like them are destined to be eliminated, and the future belongs to us, and our rise will start from today. This falling iron ore is a reward for us!"

The fat man waved his fists hard and said, as if this was his declaration of victory. His friends were quickly mobilized and each of them made up their minds to sell.

Although these private rooms have sound insulation effects, the fat man's shouting still reached the next door, although only a little subtle sound was left.

Compared to the fat man who looked like a thrifty family, the few people next door seemed much calmer.

A young man with a head of gold walked to the window. He looked at the extremely lively trading hall below and said, "It seems that the Luxembourg family is really not good. Now the iron ore futures are a very fat and tender lamb. If we don't put our mouths on our mouth first, we will probably be eaten up by other piranhas soon."

Others also sighed: "We originally thought that York and their entry would infuriate Osland. After all, Osland had warned him in advance, but now it seems that York and the others have seen through the decadent Sauer family. Since that's the case, why should we be polite? It is the right way to step on Luxembourg's face!"

In a box on the other side, a Middle East prince was shouting loudly in his own poor English: "Iron ore is futures. I want to sell iron ore futures. This has no holding value anymore. Just like the old Luxembourg, I want to short and sell a lot of shorts!"

These words kept ringing in each box. Although these big investors with a lot of wealth performed differently, their approach was the same. They were all desperately shorting iron ore futures. For them, the Sao Na family in Luxembourg was no longer the tiger of the past, but turned into a trembling little meow.

York and Lincoln were also in the private room. In fact, they had just arrived, but their private room was the first to open it.

When the number of iron ore on the big screen changed again, falling from 27.58 to 27.38, even York couldn't help laughing when he saw this change, Lincoln waved his clenched fists.

"This is really great! York, you're not wrong. This drop of 0.2 pounds must have been the big investors starting to enter the market!" Lincoln said.

York wanted to be elegant, but the smile on his face couldn't help but be as bright as a flower.

"It's just the beginning, wait and see. When all the big investors and the Luxembourg family's original opponents all enter the market, the iron ore futures will fall even more severely. With these people entering the market, even if they think about their anger at us now, they will have no choice but to do anything to us." York said, and he was very confident in his words.

Lincoln laughed and said, "I think they might thank us, after all, their current purpose is to lower the price of iron ore futures. Wouldn't we do this just go their way?"

"But unfortunately this is a process. The price that has been lowered now can still rise in the future. Those big investors will not give up on making another opportunity," said York.

"So this can only be considered as the Luxembourg family and the others are unlucky, haha!" Lincoln was even happier.

...

Outside the gate of the London Metal Exchange, Zhou Ming stood there, staring at the falling numbers of iron ore futures, his brows became tighter and tighter.

Suddenly Alfonso ran out of the exchange and came to Zhou Ming. Before he even had time to breathe, he told Zhou Ming: "I have asked, the private rooms in the exchange were gone half an hour ago!"

"This is expected. I think many people are paying attention to the situation of the Luxembourg family. When they saw York almost slap in the face, but Osland did not make effective countermeasures in time, and they didn't even negotiate with York. So they believed that Luxembourg was easy to bully. Since that's the case, they must have a share of the pie." Zhou Ming said.

Alfonso looked up at the numbers on the big screen and took a breath: "My God, it's only half an hour, and the price of iron ore futures plummeted by one percent. This is terrible! You should know that the futures market is unlimited. How terrifying would it be if it plummeted for a day."

Zhou Ming also said tensely: "It seems that many big investors and even some wealthy families have participated, otherwise it would not have been so intense."

"Mr. Zhou Ming, the situation of iron ore futures has evolved into this now. Will it still be a trap? I'm afraid that even the Luxembourg family will have no choice but to take action to retaliate against York and the others." Alfonso said in a daze. For him, the current situation has been completely predicted. No matter how you look at Luxembourg, it is a bit defeated.

"The more this happens, the more dangerous it is." Zhou Ming said.

Afangsuo wanted to say something, suddenly a thunder sounded above his head, and then a drop of rain fell on his head, which made Afangsuo cursed unhappily: "Why is this damn weather so abnormal? Why is it going to rain again after finally clearing for a while?"

While cursing, Alfonso took Zhou Ming away from the gate and ran to the parking lot. When they got into the car, the heavy rain outside finally landed.

At the same time, there is a private room in the exchange that has always been quiet. If it weren't for sure that there was someone sitting here, the waiter next to him would really think he had hallucinations.

"That... sir, iron ore futures are so hot now that almost the whole audience is operating. In less than half an hour, a percentage point has passed. Are you not moved?" The waiter asked. As the service staff in the box, they have the obligation to explain to the customers, not to mention that they can also get some operation commissions, so the service staff in the box generally will do some analysis to the customers.

Facing the waiter's guidance, the person sitting said, "Don't worry, I brought the matter this time. I'll wait for them to continue entering the venue, and I'll wait for more people to enter the venue."

The waiter was a little confused. After all, she has worked here for several years and has never seen such a passenger. Generally, others want to invest in front of others, because only in this way can they get more profits; seizing the initiative is usually the most common situation in the stock market and futures markets. Why is it the opposite when it comes to him?

The waiter couldn't understand because he didn't know that there was a big man in front of her, that was Aoslan, the Grand Duke of Luxembourg.

Oslan and Opold sat here without saying a word, staring at the big screen in the exchange. Opold was beside him and couldn't sit still for only an hour, but Oslan sat here for more than two hours. When it was almost noon, Oslan turned around and said, "Mr. Mihawk, you can ask you to start doing things now."

Mihawk listened to Oslan's orders, and he left silently without any expression. He knew very well that his current approach was that Opold sounded the horn of counterattack.
Chapter completed!
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