Chapter 836: The hunt has only just begun

Xia Yu is always decisive and steady in what he does. If he doesn't act, he won't; if he does, he will definitely plan for the whole situation.

Although the Galaxy Fund is speculating in the high-grade copper futures and aluminium futures on the New York Mercantile Exchange, it will not ignore the seemingly untouched Chicago Mercantile Exchange, the largest in the United States.

The prices of futures are interlinked, and sometimes the futures prices in one region can trigger price fluctuations in similar commodities around the world, not to mention the same country.

The capital market's blows ignore space and distance!

Therefore, Xia Yu immediately ordered Xue He to take some people to Chicago and enter the Chicago Mercantile Exchange, where they would accept his remote command.

In addition, Xia Yu secretly called George Berkeley in London, asking him to secretly monitor the London Metal Exchange and be prepared to act at any time.

In Hong Kong, Wang Qi also received a call from Xia Yu, and was ordered to go to Tokyo and take up residence at the Tokyo Commodity Exchange.

It is worth mentioning that Xia Yu was also aware of the fate of the Hunt brothers, and as he was not a pure American, he needed to be on his guard.

So although he decided to let the Galaxy Fund take the lead, he did not intend to let it bear all the pressure.

The Hunt brothers were so carried away that they manipulated more than 65% of silver futures, which resulted in a series of warnings from the exchange and even prosecution after their failure.

Facts have proved that arrogance must be tempered.

Therefore, Xia Yu also activated a large number of offshore registered capital investment companies and opened futures trading accounts in the name of these companies.

Philip Brothers, Rare Metals Futures Trading Department.

Albert Raphael came to the front line of the high-grade copper futures trading department, and Harlan Dreyden, the manager of the high-grade copper futures department, followed him around.

When he saw that although the price of high-grade copper futures fluctuated violently within three days, it did not rise, but instead fell by 0.35 cents, his brows furrowed.

Could it be that the Milky Way Fund had backed down?

It had only been a short time, and the Milky Way Fund had not even taken a bite of the bait. If it backed down now, how could it complete the task assigned by the company? How can they make a profit?

"Harlan, what's the situation? Has Galaxy Fund backed out?'

Albert Raphael asked in a low voice.

Harlan Drayden's face was calm, and he shook his head and said, 'According to the exact information returned from the exchange, Galaxy Fund's futures account is still increasing its position, and it has not backed out, but the strength of the increase in position is much weaker than last week!'

'Could it be that Galaxy Fund is not strong enough? Or is it mobilising funds?'

Albert Raphael immediately shook his head and said, 'It's impossible that they're not strong enough!'

If they could be targeted by First National Bank of Chicago, and even involve a consortium fight, requiring Heda Allen to come and give him a special mission, then the strength of the Milky Way Fund could never be just a little bit!

'It's probably about raising funds. We must control our strength and maintain a balance as much as possible, so that the Milky Way Fund keeps investing.'

Albert Raphael thought for a moment and ordered Harun Drayden.

Haren De Leyden immediately carried out the order, while Albert Raphael went to the aluminium futures department next door and gave the same order.

After the order was given, the rate of growth of the short positions in copper futures and aluminium futures dropped by a notch.

The gap between the short and long positions, which had seemed to be gradually closing, once again began to shrink.

This situation caused the prices of copper futures and aluminium futures to fluctuate violently and begin to rise again, and many investors and speculators who had been waiting became restless again.

Two blossoming flowers, each representing a branch.

In the operation room, Xia Yu of Milky Way Fund walked around calmly, listening to the reports of Song Yang and the others.

'Boss, all 500 accounts have been activated.'

'Boss, Xue He called, the Chicago Exchange branch is in place.'

'Boss...'

...

After everyone had finished reporting, Xia Yu's face relaxed slightly as he nodded, his gaze fixed on the trading board. He ordered, 'Very well, since everything is ready, let's get started!'

'For group 1, accounts 1-10, open 10 lots of senior copper futures in each account, and increase the position ratio by 0.1 US cents compared to the current price!'

'Group 2, accounts 250-260, each account will open 10 lots of aluminum futures, and the position ratio will be increased by 0.15 cents compared to the current price!'

As Xia Yu gave the order, the traders of the Milky Way Fund immediately got to work methodically.

At the beginning, Xia Yu did not intend to be too aggressive, for fear of scaring off the unknown enemy.

The enemy had targeted him as prey, but he also wanted to hunt the other side!

In the capital market, the status of hunter and prey is never absolute. After all, the capital market is full of twists and turns, and no one can predict what will happen next.

Unless you are a capital giant with extremely abundant capital, you will have super confidence in yourself and use your strong capital to forcefully dominate the market.

In this battle that has already begun, there is no doubt that Xia Yu is confident in himself!

He wants to fight back and kill!

Currently, the Milky Way Fund already holds more than 17,000 lots of advanced copper futures and more than 13,500 lots of aluminium futures, with a total value of over 600 million US dollars.

Now, for the first time, each side has raised the price and built a position of 100 lots. According to the current price, the order volume of nearly 5 million US dollars is not small!

The market was momentarily stunned by the hanging of a long order of 100 lots each of advanced copper futures and aluminium futures, but then all parties in the market reacted immediately and began to pay close attention and analyse the reasons.

Of course, a futures giant like Phillip Brothers was not afraid. Albert Raphael and the others did not know who had placed the multiple orders, but for them it was definitely good news.

Without hesitation, Harun Drayden and Sean Andrew immediately ordered their traders to sell short.

At this moment, Xia Yu and Albert Raphael seemed to have a tacit understanding. One party placed multiple orders, while the other immediately built a short position at a low price.

Moreover, the volume of positions built up gradually increased, and the pace became faster and faster.

The prices of high-grade copper futures and aluminium futures also fluctuated more and more violently, and the smoke of battle gradually filled the air, attracting the attention of more and more capital.

At this point, if you still can't tell, you don't need to be in futures. Many people knew that there were already people fighting in the high-grade copper futures and aluminium futures markets.

Of course, there were no shortage of gamblers with a high risk appetite or those who considered themselves to be very capable who brought capital to join in, either taking the long or short position.

The futures market has always been more gambling-like and riskier than the stock market. Many financial practitioners sneer at the futures market, but there are still many people who regard it as a holy land. The futures market is the gambler's amusement park!

'Continue building positions. 200 lots of advanced copper futures and 150 lots of aluminium futures. Raise the position by 0.1 cents!'

'Raise the position by 0.05 cents. 50 lots of advanced copper futures!'

'Increase position by 0.15 cents, 80 lots of aluminium futures!'

...

At the Galaxy Fund Wall Street branch, Xia Yu is intently watching the market movements of premium copper futures and aluminium futures. A stream of data enters his mind. He looks calm, his brain working at high speed, and he gives orders methodically, taking into account the actual situation.

When the short attack seems to be picking up, Xia Yu immediately orders a large number of long positions to be placed, knocking the short attack down.

When the short attack didn't keep up and seemed to be weakening a little, Xia Yu would wait a little, slow down the attack, and reduce the number of orders to build positions.

In short, Xia Yu's goal was to get the shorts to follow as much as possible, and gradually lure out their funds.

It was only the beginning, and the meat was not yet fat enough.

The gun was already loaded, and as a seasoned top hunter, he had plenty of patience!