47: Chapter 47 The Show Begins

About ten minutes later, General Manager Qiao finally returned.

He wore a look of apology on his face. "Mr. Chen, the 2.5 billion in your account can be used at your discretion with no upper limit, however..."

Pausing there, the apology on his face deepened. "Because you are a new user, we were unable to secure a leverage quota from headquarters. However, we can reduce the commission fees from 0.3% to 0.2%!"

"It's fine." Chen Feng waved his hand dismissively.

He had just done a quick search on related knowledge.

Leverage quotas are virtual funds that cannot be withdrawn; they can only be used for buying and selling in trades to generate returns!

Typical quotas include five times, ten times, etc.

For example, if a five-fold leverage quota were approved, and Chen Feng currently has 2.5 billion, he could trade with five times that amount, which is 12.5 billion! The amount is increased five-fold, so the returns are also increased five-fold!

However, if there is a loss, the financial firm also bears the corresponding loss!

So, even though Chen Feng is a major client, before knowing the other party's capability, Future Securities' headquarters dared not grant a leverage quota casually.

"General Manager Qiao, shall we begin now?" Chen Feng checked the time.

There were less than five minutes left until the time predicted in the video.

In any case, his speed at making money was fast, so it didn't matter whether he had a leverage quota or not.

"Good, good, let's begin!" General Manager Qiao nodded quickly.

He immediately called for someone to bring a computer into the VIP Meeting Room. He opened the software, logged into the account... everything was ready.

He couldn't help but remind him again: "Mr. Chen, currently, crude oil and gold have relatively large fluctuations, but they are generally traded at night. As for American Type A Coffee, although it has fluctuations, it is difficult to make big money!"

"That's not necessarily true!" Chen Feng smiled mysteriously.

Then he held up a finger, and a voice suddenly blurted out. "One! Two! Three!"

The next moment, just as General Manager Qiao opened the page for Type A Coffee, he saw the curve chart plummeting like someone suffering from diarrhea.

Ahem... although the description was quite crude, that was exactly what it meant!

The price of Type A Coffee had been maintained at 120 USD per pound, but now it had directly fallen to 118.75, 117.23, 116.17... It was coming on aggressively!

Holy crap! General Manager Qiao was completely stunned.

He had been in this industry for decades and had never seen such a situation.

No, he had seen such fierce declines before, but they were rare!

What made him even more bewildered was that Chen Feng seemed to have known long ago that the price of Type A Coffee would fall at this time!

Even Buffett, who holds the title of Stock God, wouldn't be this impressive, right?

Almost at the same time, a large number of investors also discovered the anomaly in Type A Coffee and poured in a large amount of capital.

As long as one bought to short at this time, they could make a profit!

Just as General Manager Qiao was preparing to operate, Chen Feng waved his hand. "Wait a moment, follow my instructions!"

Wait a moment? General Manager Qiao was anxious.

Every minute they waited, cold hard cash was slipping away!

It was falling continuously now; if they just shorted it, they could easily make a decent profit from the price difference!

Watching the price of Type A Coffee drop to 112.51, Chen Feng finally spoke up: "General Manager Qiao, help me buy long. Use all 2.5 billion!"

As for how many lots of Type A Coffee this money could buy, or how many pounds were in one lot, he didn't know.

Anyway, there was no need to know. Having General Manager Qiao operate it was enough!

No choice, rich people are willful!

"Use all 2.5 billion?" General Manager Qiao almost spat out a mouthful of blood.

Even as the General Manager of Future Securities' Beihu region, he had never handled such a large amount of money.

Especially... buying long while Type A Coffee was currently falling.

Wouldn't that mean losing money?! Only a fool would do that!

"Mr. Chen, everyone is shorting right now. Are you sure you want to buy long? If the price doesn't rise next, you're likely to lose..."

Not only him, but even the receptionist behind him looked surprised.

Anyone who understood a little bit about futures could see that this was completely giving money away to others!

"It's fine, buy it according to my requirements!" Chen Feng's expression was very serious.

The meaning was also very clear: do what I say!

"Understood!" General Manager Qiao thought for a moment and then said: "This uses USD for trading. Converted, Mr. Chen's funds are 360 million USD!"

"Hmm." Chen Feng nodded.

He had originally thought 2.5 billion was a lot, but it seemed it wasn't much after conversion.

General Manager Qiao didn't say anything more.

Taking advantage of the fact that the price hadn't changed yet, he quickly got to work.

An amount of 360 million USD could buy about 83 lots of Type A Coffee, with each lot of Type A Coffee being 37,500 pounds.

The moment he finished the trade, the price of Type A Coffee suddenly stopped falling.

Immediately after, the curve chart went straight up, and the price began to rebound! It rose!

"This..." A look of disbelief appeared on General Manager Qiao's face.

The downward trend of Type A Coffee had been very fierce, and even he thought it would fall for a while.

Who knew! It had rebounded just as he finished operating.

Isn't this too coincidental?

He looked at Chen Feng in bewilderment, only to see the latter looking calm, as if everything was a matter of course!

General Manager Qiao suppressed the curiosity and surprise in his heart and focused his attention back on the computer.

This was 360 million USD in funds; he had to keep a close eye on it!

For the next period, the price slowly recovered.

After about twenty minutes, it had already recovered to 120.26 USD per pound.

If he cashed out now, he could earn 24,121,875 USD!

Holy crap!

In less than half an hour, he had already earned over 20 million USD, which converted to nearly 170 million!

General Manager Qiao gasped, completely dumbfounded!

Is this robbery? No! Even if you went to rob, you wouldn't make money this fast!

He stared blankly at Chen Feng and asked subconsciously: "Mr... Mr. Chen, should we cash out now? We can earn over 20 million USD."

"No rush, wait a bit longer!" Chen Feng's answer was always so calm, always so nonchalant!

It was as if he didn't care about this amount of money at all!

Wait a bit longer! General Manager Qiao took a deep breath.

Although he was only helping Chen Feng operate, it really felt like he was making the money himself.

He also hoped to help the other party make big money!

In the future, when he met peers, he could say that he could make hundreds of millions on a single trade.

Just ask if that's impressive?! Just ask if they are scared?!

At this time, the atmosphere in the entire VIP Meeting Room was very tense; everyone didn't even dare to breathe, for fear of affecting Chen Feng's judgment.

Chen Feng, however, smiled and raised the coffee in his hand, saying: "Miss, could you please pour me a cup of coffee?"

"Yes, of course!" The receptionist quickly walked forward, took Chen Feng's cup, and hurried off to make him some coffee.

This person was a real tycoon; she had to leave a good impression on him!