Chapter 859: Come on, hurt each other!

After the scolding, Song Yang took a deep breath to calm himself down.

He glanced around and noticed that the other employees were in a strange state, obviously also shocked by the news.

To avoid operational errors, Song Yang immediately shouted out orders: 'Hide the anonymous accounts for the time being, each do your own job, execute according to the original plan, and make sure the situation does not get out of control. For everything else, follow my orders.'

After saying this, Song Yang immediately walked out of the operations room and headed downstairs to the lobby.

When he got out of the elevator, sure enough, he found the lobby packed with people. The inner side was filled with the company's employees, while the outer side was filled with a group of people in uniform, a total of six people, the New York Trading Commission.

At this time, a senior executive of the Milky Way Fund was smiling at the leader of the New York Trading Commission, but his heels were rooted to the ground, and he was dragging his feet, not letting them in. The leader, however, had a serious expression, and a hint of impatience could be seen.

Fortunately, the appearance of Song Yang relieved the senior executive of the Milky Way Fund.

'Manager! They are from the New York Trading Commission's investigation team. The leader is the team leader, Bruce Jones.'

The executive of Galaxy Fund is a Chinese, and immediately introduced Song Yang in Chinese, so that Song Yang would know what to expect.

Song Yang nodded slightly, smiled, extended his hand to Bruce Jones, and said with a laugh, 'Hello, Mr. Jones, I am Song Yang, the person in charge of Galaxy Fund.'

Finally, the person in charge has arrived. Bruce Jones suppressed his inner displeasure, but still shook Song Yang's hand expressionlessly before immediately letting go. He held up his work ID and said, 'Mr Song Yang, we have received reports that Galaxy Fund is suspected of monopolising the high-grade copper futures and aluminium futures commodity markets, maliciously manipulating futures prices, and causing a negative impact on the market economy. I have therefore been tasked with forming an investigation team to investigate this matter. I hope you will cooperate actively!'

After saying this, he stared at Song Yang with burning eyes.

Song Yang was shocked and quickly shook his head to deny it, arguing loudly, 'Mr. Jones, this is absolutely slanderous. Our company has always complied with federal laws and regulations, and absolutely has not manipulated futures prices. The whistleblower is definitely retaliating. I must sue him for malicious competition and maliciously slandering our company, which harms our company's image!'

According to the regulations of the New York Board of Trade, in order to prevent individual traders from monopolising the market, each trader is not allowed to hold futures contracts exceeding a certain quantity or 5% of all contracts!

Only quantities below this limit are not considered sufficient to manipulate commodity prices.

Song Yang's reaction was exactly what Bruce Jones had expected. He had seen countless similar situations, and no businessman would ever admit to such a thing.

Whether it was true or not, an investigation would reveal the truth!

He said expressionlessly, 'Mr Song Yang, we are just carrying out an investigation on orders. Do you want to sue someone for malicious competition? It is your company's business. It is also someone else's right to report it. Please cooperate with us in our investigation. OK?'

Song Yang, of course, did not want to let Bruce Jones and the others in, and his face also became cold, saying, 'Mr. Jones, it is your job to investigate, but we also have our responsibilities. It is now office hours. You should be aware of the investment situation of the financial company. If your investigation affects our investment and leads to losses, can you bear the responsibility?'

'If you are willing to bear the corresponding risks and responsibilities, then you can investigate at any time!'

Upon hearing this, the faces of Brooke Jones and the others suddenly turned ugly, and they stared at Song Yang with cold, cutting gazes.

Song Yang met their gazes expressionlessly, but did not budge.

This was a blatant threat!

Who knew if this loss was a deliberate or passive loss?

There was no way they would agree to this condition!

For a moment, Brooke Jones and the others were at a loss.

However, he knew very well that they had come to cause trouble for Galaxy Fund this time, and they would have to exert some influence, even if it was just a minor one. To leave in disgrace would only make the New York Stock Exchange Commission a laughing stock.

After a long while, Bruce Jones looked at Song Yang deeply and said, 'Mr Song Yang, we understand your concerns. How about this: before you go off duty, we will not affect your investment. This is already the biggest concession our investigation team has made.'

'We need to be accountable to all practitioners and the Commission!'

Bruce Jones said these last words very seriously, his expression very solemn.

Song Yang looked him in the eye, remained silent for a long time, and then softened his attitude a little, stepping aside slightly and saying, 'Mr Jones, our company has a lot of trade secrets. Tell me what you want to investigate. If those things are lost or messed up, there will be big trouble.'

'Okay,'

Next, Song Yang had to set aside his work and accompany Bruce Jones and the others the whole time, and the operations room refused to let them in, so Bruce Jones and the others could only peek in a few times from the door.

Halfway through, Song Yang specially asked Xue He, who had returned from outside, to take over, and then he made several calls to finally find Xia Yu and report the specific situation.

After listening to the report, Xia Yu immediately guessed what had happened. He had no intention of stepping in, and after giving Song Yang a few words of advice, he stayed at the Jiuding Securities Company, a few hundred metres away from the Galaxy Fund, in case there was anything Song Yang couldn't handle and he could arrive first.

On this day, due to the presence of the New York Stock Exchange investigation team, the Galaxy Fund was occupied with a lot of manpower, and when the operations room lacked a person in charge who could make the final decision, efficiency was still affected. Although it was executed according to plan, it still allowed the short sellers to regain a lot of lost ground.

Fortunately, Xia Yu had already made a plan to deliberately let the water out, so it was not a big deal for the Galaxy Fund.

Of course, from the outside, it looked like the long positions in senior copper futures and aluminum futures were weakening. Tendler Wells, who was closely monitoring the market, thought that his strategy was working and had an impact on the Galaxy Fund.

It wasn't until after the investigation team had left that Xia Yu arrived at the Galaxy Fund from Jiuding Securities.

Everyone in the company breathed a sigh of relief when they saw Xia Yu arrive, and Song Yang was especially relieved. He hurriedly reported the whole situation to Xia Yu.

In the boss's office, Xia Yu looked at Song Yang, who was sitting across from him, and nodded slightly from time to time as he listened to his endless stream of words.

'...Boss, that's the situation,'

Song Yang finished speaking in one breath and looked at Xia Yu expectantly.

Xia Yu didn't comment first, but looked at the data on the futures market for today, which he hadn't opened right away.

After browsing, sure enough, the short positions had recovered a lot of lost ground, and the advantage of the long positions led by the Milky Way Fund had been eliminated to some extent. He smiled faintly and said to himself, 'That's good. Let them think that it has affected us. Later, they will have something to cry about.'

Then Xia Yu looked at Song Yang and said, 'This investigation team from the New York Trading Commission is here with the attitude of causing trouble for us, no matter what. In the next few days, you pay attention to it, and I won't come out. You must not let them enter the operation room.'

Song Yang nodded solemnly: 'I understand!'

After hesitating for a while, Song Yang felt uncomfortable and said, "Boss, are we just going to put up with it?'

Xia Yu glanced at him, a sneer curling the corner of his mouth, and said, "Of course not, it's not like they're the only ones who will report it.'

Seeing that his boss already had an idea, Song Yang smiled and said no more.

He had never seen the boss fail at such schemes.

Early the next morning, before the various departments had reported for work, the deliverymen delivered newspapers to thousands of households. At the same time, newsstands opened one after the other in the streets and alleys, and passers-by stopped from time to time to buy and read newspapers.

Many people saw news expressing concerns about the futures market on the financial pages of some newspapers. Some directly pointed out that senior copper futures and aluminum futures were suspected of being maliciously shorted, affecting the economic order.

Of course, there were also some news reports about the intervention of the New York Trading Commission in the investigation of the Milky Way Fund, saying that it was a methodical and well-written report that the Milky Way Fund had maliciously manipulated the futures price.

These opposing news reports immediately attracted the attention of a large group of onlookers.

Just as the New York Mercantile Exchange was about to open for trading, a piece of news spread throughout the exchange.

Someone had reported that the Phillip Brothers and Solomon Brothers companies had maliciously shorted advanced copper futures and aluminium futures, and had requested that the New York Trading Commission intervene in the investigation and provide all investors with a fair and clean trading environment.

Some well-informed people connected the dots and realised that the battle between the shorts and longs had once again expanded beyond normal business practices.

Many people watched the New York Stock Exchange Commission with interest to see what action they would take.