Chapter 844 – A Glass of Wheat
CFDs.
It is an over-the-counter derivative product that profits from price fluctuations without owning stocks.
‘In other words, the securities company buys and sells on your behalf. Investors only take profits.’
There are several advantages in terms of taxes.
Leverage is also possible up to 10 times.
There is a lot of risk involved.
So it is not open to the public.
“It was something that was predicted to some extent. I didn’t know that something this big would happen…”
It’s just as Executive Director Seunghyun Yoon said.
Anyone who is a securities expert cannot fail to know.
‘For the artificial revival of the stock market.’
This is one of the policies that were implemented.
The qualification requirements for CFD have been drastically lowered.
As a result.
The total amount, which was around 1 trillion won, has nearly tripled in three years.
“There is no easier way to make money than to spend money.”
“It’s not a good thing.”
There are bound to be side effects.
An astronomical amount of 3 trillion won was released.
‘How can nothing happen?’
Korean stock market.
This is more than enough money to pay for this small playground.
It is no coincidence that the operators have been so excited over the past few years.
Among them.
—————————–±
『CFD Suspected Bulk Trading』
Meoseong Holdings
Seonpang
Sacheon-ri
Busan gas
Four rooms
Ohl Investment & Securities
Haram landowner
Dow Course
BJ
±——————————————–
There are some big fish that stand out.
It’s impossible not to notice the flow of that much money.
“There are many other stocks, but these stocks are particularly serious. At most, hundreds of investors are buying and selling repeatedly, boosting the stock price.”
Suspicious stocks.
It’s easy to sort out.
This is especially true if you use the authority of a securities company.
‘I can just guess.’
The reason why bicycle trading is caught is that records are kept.
If you keep doing it, it will catch you.
But what if hundreds of people do it?
It becomes difficult to identify suspects, and relationships become ambiguous.
“That’s how the stock price rose from 8,000 won to 110,000 won.”
“Yes.”
“I must have been a little out of my depth.”
It also targeted loopholes in the financial market.
As the coronavirus calmed down, short selling resumed.
Korean Newspaper−「Due to the collapse of Corona… Financial Services Commission bans short selling for 6 months”
Fact News−「Short selling resumes on May 3rd… “Only KOSPI 200 and KOSDAQ 150 stocks”
Limited to some items.
You can only hit large stocks of KOSPI 200 and KOSDAQ 150.
‘Even at Mersung Holdings.’
The stock that rose the most.
It recorded an increase rate of 15 times.
In other words, it was originally an unremarkable stock.
There is no way it will be easily incorporated into the KOSPI 200.
So it is impossible to short sell.
“So, without any fear, they would have hit trillions of won with CFDs.”
The powers also turned their heads in their own way.
Others may think it’s perfect.
‘At best, it’s just children’s play.’
The fact that you purchased it does not change.
If so, the method of attack is simple.
─Short sell order has been filled!
Not all stocks are exempt from short selling.
Some of the eight stocks above are large stocks.
“BJ, Dowcos, and Haram Holdings are stocks that can be sold short. Because there is very little trading volume and there are no derivatives, the return relative to risk is not good.”
“Because it’s worth doing.”
“I hope it works out well.”
You can short sell.
Of course, as Executive Director Seung-Hyun Yoon said, the efficiency is not good.
This is why it was not of interest to institutions.
The powers also deserved confidence.
‘But that’s what happens in the world.’
Perfection cannot exist.
Even if it exists, it will be detected.
“There is no perfection. The goal of perfection continues to change. Doesn’t stop. You can follow, but you cannot catch.”− Abathur
Just like Abathur’s famous saying.
This also applies to the stock market.
─Short sell order has been filled!
The lower limit was set yesterday.
The stock price was forced down by 30%.
And now it is 9:59 am.
“It’s time for CFD counter-trading to explode.”
“Even if you pay additional margin, you can’t help but explode if you get dumped.”
One more time.
10 am is the time when CFD counter trading takes place.
‘Even if it looks superior on the outside.’
Stocks purchased with CFD.
Since it is not a credit purchase, it is not caught in the credit ratio.
It is seen as a stable stock.
The fact is that it is actually a bright apricot.
─Foreigners are being massacred!
Double kill!
Triple kill!
Quadra Kill!
Penta Kill… !
It is revealed in detail.
Even if you just push it, it collapses so easily that it feels like nothing.
“Other stocks are also falling vertically.”
“I guess so.”
“I’ll have to get my CFD margin back.”
Hundreds of borrowed-name accounts.
I would have bought a few of each of those eight stocks.
‘If an item falls below the margin.’
Other stocks must also be disposed of.
If you focus on targeting the loopholes of CFD.
“All eight CFD suspect stocks are at or running towards the lower price limit. They are all exploding!”
They can be toppled one after another like dominoes.
The real stairway to heaven unfolds.
‘This is a good operation.’
I’m not joking around trying to steal some of the ants’ money.
“I did it because I knew it would end up like this…”
“It’s creepy.”
“The market is completely crazy.”
Institution.
It is rather natural if it is a pillar that supports a country’s stock market.
‘If you’re going to eat it already.’
The whale’s belly must be split open.
Even if you split just one or two, you can eat quite a lot.
I don’t have the ability to do that.
Korean securities firms are full of thoughts of stabbing the ants.
“Everyone, calm down. It’s necessary to stabilize the market. There will be some confusion, but… It’s a strategy for a while, so the number of people who want to do it openly will decrease.”
This is why short selling has only a negative effect, not a ‘positive function.’
That’s why it doesn’t work.
‘There is a need to burn it down once.’
I had a conversation with Executive Director Seunghyeon Yoon.
New wine must be put in a new wineskin.
Changes in the Korean stock market.
It would be quite appropriate as a congratulatory gun worthy of publicity.
* * *
Secrets of the stock market.
Kim Ho-chang’s confidence was never excessive.
‘No, I can’t do this.’
Major shareholders’ shares are tied up.
The distributed volume is only 30% of the total.
We made it possible to avoid any legal issues.
Institutional intervention was also minimized.
“It came to me too.”
“Mom…”
“Does it make sense to lower my review?!”
It’s a perfect plan.
I was confident that I would never fail.
—————————–±
[Web transmission] CFD domestic stock account
Additional margin of 1,289,316,974 won!!
Please make a deposit or clear any outstanding balance before 10 a.M. Today and then check your account.
If repayment is not made, counter sale is scheduled for 10 am today
※Real-time counter trading will be carried out when margin call is reached
±——————————————–
A text message is coming.
This can be said to be the reason why employees fell into panic.
“How did this happen, CEO?”
“Who knew it would end up like this?”
“My mom took out a mortgage loan for her only apartment and put it all together. Say something. Sigh!!!”
CFDs.
Leverage is possible up to 10 times.
You can make a lot of money just by winning once.
‘What kind of guy set it off?’
The risk is inevitably greater.
Even if it comes close to the margin, the counter trade is struck.
The employees’ evaluation is on the low side.
Nevertheless, it is exploding.
“Hey, are you the only one who got bitten? Are you the only one who got bitten? The customers are all going crazy right now, so I wonder if we can keep doing this.”
Investors.
Everyone was in an uproar.
There are people who notice.
Inquiries asking for money back are pouring in.
It feels like my head is going to explode.
“The CEO has low reviews, so that’s okay.”
“It’s okay to lose.”
‘What, dude?”
“I’m about to get reversed right away!! The apartment my mom worked so hard to buy for 30 years is going to be lost!!!”
The atmosphere among the employees is also scary.
The loyalty that was shown just a few days ago has disappeared.
Gulp!
Creepy expression.
I close my eyes and look.
I feel like I’m going to take out a knife at any moment.
Kim Ho-chang was so angry that he couldn’t continue speaking.
If you make one slip of the tongue, you could really die.
“Try to calm down first… Just because we’re angry here doesn’t mean we’ll get the answer, and there must be some mistake. Otherwise, does it make sense for us to suddenly fall vertically?”
And I have a thought.
No matter what, it cannot suddenly plummet like this.
I am using my personal connections to find out.
What’s happening in Yeouido.
‘Nothing.’
Even her connections don’t know.
They are noblemen who occupy their own positions in securities firms.
So, I was able to eat it with confidence.
There will never be any problems.
“Then what is this article?”
“What?”
“This is breaking news that’s happening right now.”
“It’s true that our entire operation has been revealed!!”
For existing securities companies.
The intervention of a new securities company could not be assumed.
Korean Newspaper− 「The decline started from KG Securities… The person behind it is “Lee Chan-wook”
Fact News− 「CW Securities says “The positive function of short selling” In response to the victims’ ants」
Daily News− 「’Stock price plunge from KG Securities’… Prosecutors and financial authorities begin joint investigation”
‘What, what?’
Lee Chan-wook.
I know.
It’s impossible not to know.
It’s a name that’s been making more noise lately.
So I decided it wouldn’t matter anymore.
It won’t cause any problems.
“Hey, when something like this happens, foreigners also take out all their money. Why are you making something like this happen? If this happens, we’ll all die!!”
Even for the well-being of the Korean stock market.
There is no need to mess with the power.
Not so.
It shatters.
Lee Chan-wook’s thought structure was not what he expected.
“I guess so.”
“But one thing is certain.”
“What, what?”
“The CEO is going to die.”
“…”
I pay for my sins.
