Chapter 89: Chapter 089 Forced Liquidation
The stock price surged by more than one yuan, but the buying orders at the bottom did not follow immediately.
Originally, if they had placed sell orders at the top, even if they didn't sell at the highest point, they could still get a relatively good price. Even if they couldn't sell immediately, they could wait for the buying orders to catch up and then sell.
But now, the buying orders at the bottom hadn't caught up yet, and the three hundred lots of buy orders in Zhou Yi's hands were directly sold!
They could have earned two to three tens of thousands, but ended up making less than two thousand!
Not only Zhou Yi's, but Zheng Junpeng's three hundred lots of buy orders were also sold!
Moreover, Zheng Junpeng's selling price was even lower than Zhou Yi's, earning less than five hundred yuan for the three hundred lots!
The crucial point was that with their combined six hundred lots being sold off, it immediately triggered a bearish trend! Not only did the buying orders at the bottom fail to catch up, but the selling orders at the top also pushed down!
The five hundred lots of buy orders in Chen Wei's hands couldn't be sold!
Helplessly, they had to sell them themselves and lost five to six hundred yuan!
"What the hell! Who the hell sold them for me!"
Zhou Yi slammed the table, stood up abruptly, and cursed loudly!
They could have earned two to three tens of thousands of dollars! It was almost equivalent to a white-collar worker's annual income!
Zhou Yi was furious!
"Yours got sold too? Mine got sold too! This is outrageous!"
Zheng Junpeng was also angry.
Chen Wei was equally furious. This trade could have earned him forty to fifty thousand yuan, but now he was losing money! And not only that, he wasted twenty seconds of his skill time for nothing!
"It's the risk control!"
Chen Wei said coldly!
Only the risk control had the authority to force traders to liquidate their positions!
Xu Lin and the other girl were acting suspiciously downstairs, and it seemed they had ill intentions!
"What's going on?"
Zhao Yang heard the noise outside and came over.
"Brother Zhao, you're just in time! I bought three hundred lots of this stock just now, but before I could exit, the risk control forcibly liquidated my position! I lost two to three tens of thousands! Damn it!"
Zhou Yi complained angrily to Zhao Yang.
Zhao Yang glanced at Zhou Yi's screen and understood what was happening just by looking at the chart of that stock.
He asked in a deep voice, "Did you overtrade?"
"Yes. But I didn't lose any money, so why did they force me to liquidate?"
Zhou Yi was somewhat unwilling to accept it.
"Yeah, Brother Zhao, I got liquidated too, and I lost two to three tens of thousands. This isn't fair, is it?"
Zheng Junpeng also said.
Although overtrading was a violation, as long as no money was lost, the company usually turned a blind eye to it, which was tacitly accepted by everyone.
But now, they were forcibly liquidated!
"Brother Zhao, this is clearly targeting us! I can't swallow this!"
Zhou Yi said angrily.
"Yeah, Brother Zhao, it's too much of a bully. We need to talk to them!"
Pan Zhiyao said indignantly.
Zhao Yang was also very angry.
Overtrading was a common practice, and almost every trader had done it before. Everyone wanted to earn more money. When they encountered good opportunities, they would exceed their permissions to enter the market. It wasn't a big deal, as overtrading was heavily restricted anyway. At most, they could only overtrade five times. So, when the company set permissions for traders, they also took into account the situation of overtrading.
Moreover, Wang Wentao had told their risk control team that in cases like this, as long as no money was lost, there was no need to force liquidation, just a reminder would do.
But now, not only was there no reminder, they were forcibly liquidated!
This was bullying Zhao Yang!
He hadn't even left yet, and the tea had cooled down?
"You wait here. I'll go upstairs and ask!"
Zhao Yang said, turning around and leaving.
As soon as Zhao Yang left, Zhou Yi, who was already angry, followed suit.
His face was gloomy!
Anyone who blocked his path to wealth was as good as taking his life!
Pan Zhiyao was also not one to shy away from trouble and followed Zhou Yi, showing a strong momentum.
Zheng Junpeng glanced at Chen Wei and asked, "Lao Chen, should we go up and check it out too? Let's not let them make a scene!"
Chen Wei nodded, stood up, and went out with Zheng Junpeng.
Yu Jia, Lu Tinghai, and a few others also wanted to follow, but Zheng Junpeng said, "You guys wait here. It's not right for everyone to go up. Lao Chen and I will go up and check it out. Nothing will happen."
A few people stopped.
Zhao Yang couldn't wait for the elevator and went straight up the stairs to the twenty-eighth floor.
He went straight to the risk control team's office and pushed the door open.
With a grim face, he came to a girl's side and started cursing, "Are you crazy!"
Zhao Yang's temper was famously hot. Once he got angry, he didn't care if the person he was talking to was a man or a woman!
If he didn't physically attack someone right then and there, he was already showing a lot of restraint!
The girl he was addressing was the same one Xu Lin was talking to downstairs, and she was the risk control officer for their seventh group, named Wang Fang.
Wang Fang hadn't been with the company for long, and she hadn't experienced Zhao Yang's hot temper before. They had interacted a few times before, and they had always been polite.
This time, Zhao Yang came in and started cursing without saying anything first, which caught Wang Fang off guard.
Sitting there, looking at Zhao Yang, she was both aggrieved and angry, shaking all over, unable to say a word.
"I'm talking to you! Are you deaf as well as dumb!"
Zhao Yang pointed at her and shouted loudly!
Tears welled up in Wang Fang's eyes.
"Do you have a problem? Who do you think you are to come here and act tough! This is the risk control team, not your seventh group! If you want to act tough, go to your seventh group, don't do it here!"
Xu Lin came over and shouted at Zhao Yang.
"I'm looking for the risk control of the seventh group. What are you, a risk control of the third group, doing here yelling nonsense!"
Zhao Yang bluntly retorted.
"You!"
Xu Lin was taken aback by Zhao Yang's fierce gaze, then she pulled Wang Fang and said, "Wang Fang, don't be afraid. Let's go find Wang Zong! What kind of stuff is this, a group leader, so arrogant!"
As she spoke, she pulled Wang Fang and walked out
At that moment, Zhou Yi and Pan Zhiyao also walked in.
They coincidentally encountered Xu Lin and Wang Fang as they were leaving.
Zhou Yi was already furious, and upon seeing Xu Lin, his anger intensified. He lifted his foot as if to kick Wang Fang!
This startled Pan Zhiyao, who quickly grabbed Zhou Yi to stop him.
No matter how angry he was, he couldn't resort to violence against a woman!
Pan Zhiyao managed to hold back Zhou Yi, who then angrily pointed at Wang Fang and said, "You're despicable! I'll remember this! I'm keeping track of this!"
"Zhou Yi!" shouted Zhao Yang.
While Zhao Yang reprimanded Wang Fang with a couple of words, it wasn't a big deal since he was their team leader and a senior member. But Zhou Yi's behavior was unacceptable!
In the company, it's a major taboo for a trader to confront risk control!
Chen Wei and Zheng Junpeng also arrived.
Zheng Junpeng pulled back the enraged Zhou Yi, gesturing for him to calm down.
At that moment, several members of the core team also emerged, including Wang Wentao, who came out of his office.
Clearly, they had all heard the commotion.
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