Super Island Tycoon-Chapter 746 - 745: Opponent
The Quantum Fund is definitely a formidable opponent that could make him a lot of money.
Unfortunately, this opponent is quite powerful, arguably the most formidable in the financial markets.
Soros, sitting in the middle, did not immediately answer his subordinate's question but instead pondered over Jiang Cheng.
He was quite familiar with Jiang Cheng's achievements and had analyzed the trajectory of Jiang Cheng's development.
His final evaluation of Jiang Cheng was that he was a genius beyond human comprehension.
However, this was a genius in the realm of scientific research; in the financial realm, he had yet to regard anyone worthy of attention.
Having thought this through, Soros slowly lifted his head, and his eyes began to gleam with an unusual brilliance.
Since our genius Jiang Cheng is preparing to play in the futures market, as a host, it is only fitting for me to join in.
If we don't play a good match with Jiang Cheng this time, people might think we in finance lack manners.
Everyone, prepare to move; start targeting Jiang Cheng's funds. Since they want to short platinum futures, let's start going long instead."
We must push up the price of platinum. It would be a shame not to grab such a large piece of meat."
As he spoke, Soros revealed a peculiar smile, and one couldn't help but wonder what he was thinking.
Although he mentioned wanting to entertain Jiang Cheng well, he was actually focusing on Jiang Cheng's funds.
Perhaps, for these financial titans, defeating a competitor is the best kind of hospitality.
Right, since Jiang Cheng has so much capital this time, our team might not be able to handle it alone.
Contact others; if the funds are insufficient, we might not be able to deal with Jiang Cheng, the newcomer.
Soros was well aware of the funds Jiang Cheng possessed, hence he prepared to contact other financial snipers to join forces.
Even though their combined funds were still less than Jiang Cheng's, the futures market isn't just about who has more money.
There are many intricacies in futures trading; if you're not careful, you can lose regardless of how much capital you have.
Soros had absolute confidence in himself, assured that he could defeat Jiang Cheng this time.
Because even though Jiang Cheng was a genius, it was only in other fields.
The financial domain is Soros's turf, and he is the greatest genius here, so he cannot tolerate any challenges.
Soros unexpectedly guessed Jiang Cheng's intent correctly; Jiang Cheng indeed came to challenge Soros and his ilk this time.
Understood, we will start taking action immediately and contact others to join us," said a trader from the Quantum Fund.
Soros's Quantum Fund officially joined the game, ready to go head-to-head with Jiang Cheng.
Who would have the last laugh in this futures battle—Soros, the financial crocodile, or Jiang Cheng, the newcomer in the field?
The final outcome would take a long time to reveal, promising to be an extended financial war.
The platinum futures market, due to Jiang Cheng's capital entry, had already begun to experience some volatility.
Jiang Cheng was continuously shorting platinum futures, while Oliver led his subordinates in absorbing the market's short positions, disrupting the initial equilibrium of the futures market.
Initially, Oliver's actions were relatively cautious, so the impact was not significant.
Once they began to inject substantial capital, a large amount of short positions appeared in the entire platinum futures market.
All these short positions were released by Oliver's team, causing a significant impact on platinum prices.
With so many short positions suddenly in the market, the platinum trading market could not remain unaffected.
The international precious metals trading market is incredibly sensitive; any slight influence can cause price fluctuations. 𝒇𝒓𝒆𝒆𝙬𝒆𝒃𝓷𝒐𝓿𝙚𝙡.𝒄𝓸𝒎
Under the pressure of these short positions, the price of platinum soon began to fall.
This is how futures impact the real economy; it can alter commodity prices through futures operations.
What Oliver's team was carrying out was standard practice, releasing a large number of short positions to depress platinum prices, thus earning money through this method.
If nobody interfered with them, Oliver and his team could make a considerable fortune, even without Jiang Cheng's influx of platinum.
Because Jiang Cheng's funds were simply too significant—tens of billions of US Dollars all used for shorting, so the platinum price naturally couldn't hold up.
Generally, so much capital makes it hard for any opponent to resist, unless you can produce equivalent funds.
Of course, some wouldn't just let them profit, and soon, someone couldn't resist taking action.
Seeing Jiang Cheng's funds had entered the game on a large scale, Soros decisively joined the game himself.
He instructed his team to start going long on platinum, hoping to raise its price through this means.
In the futures trading market, if there are too many short positions, the commodity price will inevitably fall.
Conversely, if someone keeps going long, the commodity price will rise accordingly.
However, the situation now is relatively complicated, with Jiang Cheng's side shorting and Soros's side going long.
This kind of tug-of-war between two sides depends on whose strength is greater to push the commodity price in their desired direction.
In the futures market, if a standoff occurs, prices will experience significant fluctuations.
Typically, the commodity price repeatedly rises and falls, oscillating back and forth.
Once Soros's Quantum Fund joined, the entire precious metals futures market was affected, starting to undergo substantial price fluctuations.
At this point, it came down to whose side had more substantial capital and more sophisticated operations.
In the futures trading market, such large-scale confrontations lead to enduring price tug-of-wars if both sides are strong.
Finally, it depends on who cannot hold on first to determine the final victory.
In London's Financial City, Oliver was watching the recent platinum prices, frowning all along, pondering something unknown.
Their operations had been facing constant headwinds recently. Someone has been targeting them in the futures market, carrying out the opposite operations.
Platinum prices, which he had managed to depress significantly, had risen again unexpectedly.
Oliver did not expect smooth sailing for his side; being targeted was only a matter of time.
With such large-scale capital entry, it was inevitable they would be marked by snipers, something Oliver had anticipated.
What truly surprised him was that he had not gained an advantage in these past few days of confrontation.
It seemed he had met an extraordinary opponent this time, one whose overall strength was formidable, even surpassing him slightly.







