Countdown 9 seconds.
8 seconds.
2 seconds.
1 second.
“Here we go!”
No one knew who yelled this. In the trading hall of Nauritus City, everyone suddenly felt their passion subside in an instant.
This was like facing an important exam. All kinds of tension and anxiety from before were gone the moment they sat down in the examination room to face this exam. Everyone had a serious expression as they dealt with their own affairs meticulously and attentively. On the trading floor, no one in the team of dozens of people was chatting. What was left was the sound of clicking coming from the countless keyboards and mice.
Soon, the intelligence collector was the first to speak and break the silence.
“The Dow Jones Stock Index opened at 7429 points, and opening trading volume continues to increase.”
“The leading rising sector is Internet, energy, and aerospace. Meanwhile the leading falling sector is banking, building materials, real estate, and shipbuilding.”
“One minute after the opening, the Dow Jones stock index fell 9 points and is currently at 7420 points.”
Based on the information gathered by the intelligence collector, the analyst summed up the current situation immediately.
“The rising sectors are basically high-tech industries, while the heavy industries continue to fall, indicating a lack of market confidence.”
“If there is no external intervention, the decline will continue but will not be too big.”
When the analysts and intelligence collectors summarized the data and handed them over to Jake and Baz, as the core traders, the two needed to make judgments based on the current situation.
“What do you think?” Jake asked Baz, who was standing next to him, with a smile.
Jake was experienced and he had long since realized that Baz was nervous.
As a trader, he could not break down under any situation.
Nervousness would most likely lead to mistakes and neglect of details, which was fatal to a very large transaction where even a fraction of a percentage point amounted to hundreds of millions of Somer Dollars.
Baz took a deep breath and said solemnly, “I think that it’s best not to move for now.”
“Explain your reasoning.” Jake continued, his expression showing no hint of approval nor disapproval.
“It has only been a few minutes after the market commenced. All the intelligence and data are not enough to build a reliable model. Besides, our opponents have not yet made any moves. The most important thing is that we are shorting, so the market decline is beneficial to us.”
“If we and our opponents do nothing and the market naturally declines, we will be the natural winners. Therefore, we can take advantage of the conditions to roll with the changes.”
Baz spoke naturally and smoothly. When he finished speaking, he looked at Jake confidently.
It could be seen that Baz, who knew that his lack of experience and instability was his biggest shortcoming, needed Jake‘s encouragement at this moment.
Jake smiled. He turned his head and said to his assistant, “Report this to Mr. Laine and ask him to make a decision.”
The assistant left immediately.
However, Baz was dumbfounded.
“Nothing is happening, yet we’re asking Mr. Laine for directions?”
Baz figured that Jake was making a fuss out of nothing. Shaking his head, Jake said, “The market looks calm now, and neither we nor the other party is making a move, but this invisible confrontation is arguably the most important moment. It can basically set the tone for the rest of the battle.”
Baz seemed to fall deep in thought.
After a while, he smiled bitterly. “Indeed, I have never experienced a transaction of such a large amount. That’s why I neglected the fact that the combined funds between the enemy and us the enemy and us is hundreds of billions of dollars.”
“Once the two sides start to fight, the impact will completely destroy the will of the market itself.”
***
While they were talking, the assistant who ran off came back with Jasper’s order.
“Sell the high-tech leading sectors such as Internet and aerospace. Throw out 10 billion US Dollars to test the waters first.”
10 billion US Dollars to test the waters!
Baz inhaled sharply. He was shocked at Jasper’s disregard for money and his extreme boldness.
At the same time, he also admired Jake’s ingenious calculations and predictions. Without a doubt, they would not be conservative when it came to this kind of huge transaction.
One needed to know that even though they were both dealers, a dealer in stocks and a dealer in indexes was completely different.
Now they were the dealers of the entire Dow Jones Index!
After receiving Jasper’s order, Jake got up and clapped his hands. After attracting the attention of the brokers around him, he opened his mouth and issued a specific order.
“Short the Internet sector by 5 billion!”
“Short the aerospace sector by 2.5 billion!”
“Short the energy sector by 2.5 billion!”
“Knock the Dow Jones Index down!”
Then the brokers immediately repeated Jake’s words. After they confirmed that the order was communicated correctly, they placed the orders immediately.
At the same time, in the trading centers in Waterhoof City and Harbor City.
The trading team under the little prince and Lord Alvarado and Kayden’s trading team also received the instructions at the same time.
“Short the Internet, aerospace, and energy sectors. The two trading centers will each do so with 2 billion US Dollars, for a total of 1, billion US Dollars. We’ll test the waters first.”
The silence was deafening.
The three trading centers of Nauritus City, Waterhoof City, and Harbor City shorted a total of 14 billion US Dollars in empty orders, which blew up the Dow Jones stock index.
They were firing the first shot in the most famous battle in modern financial history!
