Playing Find Nearby People, the future self greets him and gives Lu Fan an opportunity to get rich quick.
Lu Fan gathers 6 million yuan to enter the international foreign exchange market.
...These were all reliable companies that Dong Haotian introduced to him.
There's no need to worry about your funds being embezzled.
It doesn't seem like some small companies.
There are frequent cases of funds being embezzled.
For these large securities firms, reputation is more important than money.
What if they embezzle the clients' funds?
That would be a fatal blow to them.
They will have no place in the industry from now on.
Therefore, Lu Fan can confidently invest his money in these securities companies.
Moreover, Lu Fan owns 10 securities companies.
Each company only has 1 billion US dollars!
It is much safer.
With these $1 billion from each firm, Lu Fan obtained a leverage ratio of 50 times in each securities company.
Therefore, he gained the purchasing power of $50 billion from each company!
The combined purchasing power of these 10 companies is $500 billion.
Lu Fan's $10 billion is a deposit!
For example, he wants to short crude oil futures.
If crude oil futures do not experience a sharp drop as predicted in future information, but instead increase...
Therefore, for every cent increase in the price of crude oil futures, he would suffer huge losses.
The extent of the loss depends on how much margin is in his securities account.
Once the margin in his account is insufficient to cover the losses!
Therefore, the securities company is qualified to carry out forced liquidation.
"The funds are ready."
"Next, when the time is right, we will go to these securities companies, borrow securities for crude oil futures, and sell them."
"Then, when the price of international crude oil drops to a certain level, we can buy back these securities and return them to the company."
After completing the operation, Lu Fan thought to himself.