Chapter 314
Chapter 314
Nishida Securities trader Sugihara Kimura.
He alternately glanced at the three monitors, tapping the keyboard continuously to enter sell and buy. Yawning and drowsiness continued to flow from before.
Kimura reached out for a cup of coffee, but suddenly his paper cup was empty.
Recently, some of the employees suddenly left the company. The work was already overflowing, but the number of hands was reduced, and the remaining employees had to work overtime the whole time.
I can’t even remember when I last left work on time. He continued to ask for staffing, but only got an answer to wait.
It’s because of his management efficiency. It would be nice if the company could spend less on labor costs, but the employees were so busy with their work that they didn’t even have time to breathe.
Originally, he was dedicated to selling public pension funds, but now he is also engaged in general trading.
He moved mechanically as directed.
‘Buy at the market price of one share of JMP. All sales of Jcom 3250 yen. Sell all Manotel. And… … .’
After entering the general trading order, he turned his attention back to the public pension fund account. The current price of Toyota is 151,300 yen. The waiting list is about 3,000 shares.
An additional 1,000 shares to be sold before the market close.
Kimura yawned and typed on the keyboard. As he placed the order, approval fell from above.
But something amazing happened. Even if you put a sell at the current price, the pending buy volume with the asking price below it was traded at once!
“Come on, wait!”
Kimura realized that something was wrong. He quickly fell asleep and immediately pressed the cancel order button.
It took less than a second for the order to go out and be canceled.
“Sigh.”
In the blink of an eye, the waiting stock disappeared, but the worst situation was avoided.
He wiped his surprised chest and checked the stock balance in his account.
By the way… … .
‘Huh? Why not?’
I put my glasses on, wondering if I had seen something wrong, and I closed his eyes tightly and opened them. However, there were still no shares left.
He moved his gaze and looked at the transaction history. Hundreds of orders that had been waiting to buy in advance were found to have been successfully completed.
And near the end, 14,970,000 shares were traded!
What was even more shocking was that the transaction price was only 1 yen.
‘One yen? Did I put a sell-all at 1 yen?’
Even if an order is placed at a low price, the transaction is made according to the bid price. However, at the same time as the number of bids for which the bid price was registered in advance disappeared, a bid order was entered and concluded at the bid price of 1 yen.
There were dozens of such transactions. Surprisingly, one of them was 14.97 million shares.
I couldn’t quite believe it.
‘My, am I dreaming right now?’
His mind went blank, and his whole body trembled. As if his glasses had turned into a kaleidoscope, his eyes spun round and round.
At that moment, someone grabbed his shoulder and shook him violently. When he came to his senses, Director Okuma was standing in front of him.
“Hey, Kimura! What is it? What just happened?”
he said stuttering.
“That, that… … I think I made a mistake.”
“mistake? What mistake?”
The aftermath appeared immediately.
The Nikkei index, which had risen slightly until recently, was at -4.3 percent.
* * *
Today, we sat in front of the computer and stared intently at the monitor.
The top sellers are Nomura Securities, Merrill Lynch, and JC Securities. Nishida Securities also continued to sell, but it is unknown whether this is the amount of Japanese public pensions or not.
His fingers were still on the Enter key, and he didn’t take his eyes off the monitor for a moment. But when the morning market ended and the afternoon market ended, nothing happened.
Taek-gyu said as he ate a cookie next to him.
“I don’t think it was today.”
“It seems so.”
There are now less than 20 minutes left until the close of the market.
Still, I can’t take my eyes off of it until it’s over. But for a long time, I wanted to go to the bathroom. I should have been there before the afternoon market opened.
Can you stand another 20 minutes? Probably not.
“I’m going to the bathroom.”
“Huh. I will be watching.”
We carefully exchanged seats, keeping our eyes fixed on the monitor. The finger that had just been eating the cookie went up on the Enter key.
“You can’t take your eyes off me.”
“Okay, buddy. Trust me and go.”
I quickly headed to the bathroom. The CEO’s office is equipped with toilets and showers.
After finishing my chores, I stood in front of the sink to wash my hands. When I look at my reflection in the mirror, it is a spectacle.
His eyes were red and bloodshot, and his skin was crumbly. I haven’t shaved since yesterday, and my beard is growing messy.
It looks like some kind of stock junkie or coin junkie (?). This is why Ellie has nothing to worry about.
I don’t know what the hell this is doing.
I don’t know how long I have to be like this.
I turned on water and washed my hands. I was dizzy because I couldn’t sleep properly. It doesn’t seem like today anyway, so should I lie down on the sofa and get some rest?
I think I’m going to sleep now.
As I was thinking that, I suddenly heard Taek-gyu’s scream.
“Aww!”
Startled, I slammed the bathroom door and ran.
“What’s up?”
Taek-gyu had his eyes wide open and his mouth wide open. It looks like it’s a mixed bag.
surely… … .
“How are you?”
Taek-gyu stuttered at my question.
“You, see for yourself.”
I looked at the monitor. The account contained 14,970,000 shares of Toyota stock, which had not been previously held.
Taegyu and I looked at each other.
For a moment there was silence. Then, without saying who came first, they burst into cheers.
“Wow!”
“Wow!”
The investment is only 14.97 million yen. With that, he made more than 200 million yen in less than a second.
The yield is a whopping 15,000,000%!
Is there any other case in the history of financial investment that has made this much profit in such a short period of time?
Taek-gyu was so excited he was out of his mind.
“Wow! As soon as it opened, I hit enter! friend! Did I do it? You really did it, right?”
“okay. you did it! Well done, nigga!”
We hugged each other and rejoiced. About the time the excitement subsided, an urgent breaking news was coming out on the silent TV.
[(Breaking News) Nikkei plummet! Estimated bulk order mistake!]* * *
Japan’s economy ranks third in the world. The stock market is the second largest in Asia after the United States. As a result, it has a large impact on the stock markets of other countries.
It was still before the breaking news. However, the unprecedented incident that occurred at Nishida Securities shocked all Asian financial companies.
The same is true of the Korean branch of Golden Gate, which caused a stir. The employees, who had been working leisurely until recently, moved frantically as if they were facing a disaster.
Oh Hyun-joo gave the order with both eyes wide open.
“See what happened right now! Keep your eyes on the Nikkei and keep checking the movement of the yen!”
Eli asked urgently.
“What happen? Did 15 million Toyota stocks really trade for 1 yen?”
Oh Hyun-joo unbuttoned his blouse as if it was cramped.
“Exactly 14,973,153 weeks. Of these, 14.97 million shares were taken from one place. That too for 14.97 million yen!”
It would be amazing to hear it again.
“No, that’s absurd. Where are you going?”
“I do not know either.”
Its original value is over 200 million yen. Where did you actually buy this?
Continuing to give orders, the secretary said urgently.
“This is the call from the Japanese branch manager.”
Oh Hyun-joo quickly picked up the receiver. Golden Gate Japan branch manager Robert Akiyama hastily asked in English without saying goodbye.
[Are you looking at the situation now?]She too skipped her greeting.
“What the hell happened?”
Then, the governor Akiyama said in a loud voice.
[What I want to ask! It is confirmed that the Korean branch bought the quantity, do you not know?]Oh Hyun-joo was surprised.
“What did you say? You bought it from us, not from the Japanese branch?”
[That’s right. The Korean branch swept the entire supply!]“What is this… … .”
[I have contacted you from Nishida Securities right now, so please contact me immediately after checking.]The phone hung up before he could even answer. Perhaps the Japanese branch was more upset than here.
Did you buy 14.97 million Toyota shares from the Korean branch that came out by mistake? Who among the many customers did that?
At that moment, something flashed in her mind. This is exactly what Jinhoo Kang and Taekkyu Oh said the other day. You said you were going to buy Toyota stock?
“surely… … .”
Hyunjoo Oh sat down and tapped his keyboard. An OTK Company account appeared on her monitor. When she saw it, she was surprised and didn’t say anything.
Ellie looked at her monitor with her eyes wide open.
“Hey, did Jinhoo and Taekkyu buy this?”
After a while, Oh Hyun-joo regained consciousness and shouted like a scream.
“Oh Taek-gyu!!!”
* * *
Japanese Prime Minister’s Office.
Prime Minister Okazaki had a meeting with Commerce Minister Li Suwei.
Japan and China were at odds with each other due to historical issues and the dispute over the Senkaku Islands. However, the Chinese side has recently made a move to strengthen economic cooperation with Japan, and this meeting was also made at the request of the Chinese side.
China has been in great trouble since the trade war with the United States. In Japan, on the other hand, the situation was good. As exports increased due to the low yen, the company’s net profit increased significantly, and the stock market was booming. While Chinese youths are having a hard time finding jobs, Japanese companies have struggled to find people to work for.
Prime Minister Okazaki recalled Li Suwei’s arrogant attitude when he went to China the other day. But today, he looked very polite.
The meeting was held in a good atmosphere. The two had a friendly conversation as if they had met an old friend.
Still, they focused on understanding each other’s intentions.
Commerce Director Li Suwei said while drinking tea.
“Japan is China’s most important economic partner. I think we can continue to expand cooperation in the future. The President is hoping for a visit to China by an economic delegation to Japan.”
Prime Minister Okazaki smiled.
“We will review it positively.”
“More than anything else, I think cooperation in the automotive sector is urgent. Now, Japan and China must work together.”
In both Japan and China, automobiles are important industries. And now, Carlos is shaking the market.
“I heard that you met CEO Kang Jin-hoo the other day.”
Li Suwei, director of commerce, remembered a young Korean in his 20s he had met before. As a result, China lost hundreds of billions of yuan.
‘No, trillions of yuan?’(Read more @ wuxiax.com)
Although the trade war had barely been sealed, the Chinese economy was still swaying in shock. That’s why they came all the way to Japan and asked for cooperation.
“When I saw the situation, I was a little surprised. The Minister of Commerce must have suffered a lot.”
“Is there anything that can be called hardship?”
Japan is putting pressure on Kang Jin-hoo and Karos by blaming the traffic accident of its citizens in the United States.
He said while drinking tea.
“There is a saying in Korean politics that if you get entangled with Kang Jin-hoo, you can’t see good things. It would be good for the Prime Minister to be careful.”
‘You guys are stupid.’
Prime Minister Okazaki thought so, but he said with a smile.
“Haha, thanks for the advice. I’ll have to be nervous so I don’t get fooled.”
In a nutshell, it was said that you were an idiot.
Li Suwei, director of commerce, smiled bitterly instead of rebutting. I’m in a position to say sorry, so I’ll have to adjust it today.
While the talks were in full swing, the ministers of the Cabinet entered the meeting room at a quick pace.
Prime Minister Okazaki asked, seemingly puzzled.
“What’s going on?”
He leaned on his back, covered his mouth and whispered. Prime Minister Okazaki’s expression hardened as he listened to the story.
Commerce Director Li Suwei put down the tea he was drinking and said.
“You seem to have an urgent business, so please go. I will wait for you slowly.”
“Excuse me for a moment.”
Prime Minister Okazaki stood up immediately.
‘Something must have happened.’
What is urgent enough to stop the meeting?
Shortly thereafter, an attendant approached and reported the situation.
A mistake in ordering resulted in the loss of 10% of Toyota’s stock. If true, it was a major event that would shake not only the stock market but also the global automobile industry.
“Did you check who bought it?”
“Checking right now.”
How much time has passed?
The attendant came back and said.
“I am not sure yet, but it is most likely an OTK company.”
Li Suwei, director of commerce, flinched for a moment.
“Are you Jin-hoo Kang?”
After thinking for a while, he picked up the cup again. All of a sudden, the car was cold.
Li Suwei, head of the Commerce Department, stood up without any regrets.
“Let’s go back to Beijing.”
“Are you going to stop the meeting?”
A smile appeared on his face.
“Do you think Prime Minister Okazaki has the mind to do that now?”
