Investment is risky, you need to be cautious when entering the industry, sometimes your investment is not only no benefit, but also may have no principal, commodity investment is more risky, some financial institutions themselves are not professional, in order to make money not only cut leeks but also may dig leek roots, must not over-trust some institutions, otherwise the loss may make you bankrupt.
On December 20th, the Jiangsu High Court released the specific details of the "Bank of China ** Bao Dispute Case", which happened 3 years ago The case is very outrageous, the investor not only lost the principal, but also lost millions, and the investor and the bank both believe that the other party is responsible, the court believes that the Bank of China needs to bear the loss of oil prices, and compensate the investor for 20% of the loss of the principal, so far the case is over, the investor bears 80% The principal is lost, but the conspiracy theories have not disappeared, and many people believe that the Bank of China is actually a virtual disk, and only investors are really losing money.
* Trading is actually very complicated, at least for many ordinary people difficult to operate, not only need enough principal, but also need to understand the complex rules, ** trading some people are bullish, some people are bearish, bearish is to sell first and then buy, bullish people are to buy first and then sell, to the specified time to close or move positions.
*Bao** is not only the Bank of China is playing, other banks also have similar products, when *** constantly**, many people feel that it is profitable, so they choose to go long, that is, from the BOC's software to buy *** to the delivery date to choose to sell and close the position, because of various reasons at that time, *** constant**, even fell below 1 US dollar.
Originally, this kind of ** can be delivered physically, but the inventory at the physical delivery location is full, which leads to the inability to deliver in kind, and the bank cannot do physical delivery, resulting in the contract in the hands of the bulls can not be sold on the day of delivery.
The late transfer is only the first mistake, if the forced liquidation will not fall to negative value, ** exchange happened to change a rule at that time, allowing *** to fall to negative value, and the Bank of China directly closed the transaction at 22 o'clock on the night of the incident, resulting in investors unable to close the position manually, directly according to the final settlement ** to close the position, and the settlement ** at that time was already negative 266 yuan, directly causing investors to lose the principal, but also owed millions of yuan to the Bank of China.
Several other banks are moving their positions, and the Bank of China not only does not think about investors, but also drags investors into the quagmire, does not move positions in advance, does not restrict transactions, does not add margin, does not close positions, and directly allows investors to wear positions, as a middleman who collects money, makes money by himself, and gives all the risks to customers, what is the use of such a middleman?
Bank of China was fined for this matter, the court mediated, the investor could only settle, Bank of China bears the loss of the position, and compensates the investor 20% of the principal, and the investor bears 80% of the loss, the court believes that the Bank of China has problems in the design of the product, the transaction process did not remind the investor of the risk, and did not implement the agreement on forced liquidation, so it should be compensated.
For investors, this is a bloody lesson, these financial institutions do not have the corresponding professional ability, no professionalism for the sake of customers, only know how to make money, do not consider the customer's funds, the lesson also needs to be learned by latecomers, otherwise such an event will be staged, investment must be cautious, what do you think about this matter, leave a message below to share your views!