A Mysterious Trader Made A Huge Bet On Oil On The Moscow Stock Exchange.
when investment banks competed in apocalyptic forecasts for the oil market, a mysterious trader appeared on the Moscow exchange, buying up oil futures.
The abnormal growth of long positions in contracts for Brent oil statistics of the exchange began to record from April 3 – the day after US President Donald trump announced an agreement with Saudi Arabia and Russia, which, according to him, committed to reduce production by 10-15 million barrels per day.
Three days certain natural persons or small group of individuals purchased more than a million futures on the North sea grade, focusing on the growth of quotations volume 32 billion and with the collateral worth 9 billion rubles, follows from the daily statistics of the exchange on positions in derivative financial instruments
Active buying started last Friday, when Brent was trading around 32 dollars per barrel per day, the volume of futures in the hands of individuals soared to 812 610 contracts (20.5 billion rubles).
A huge bet was made by either one person or a very small number of traders, according to exchange data. This is evidenced by the fact that the number of players holding long positions has not changed: on April 2, there were 5,591, and on April 3, there were 5,626.
In the next two days, buying Brent continued: on April 4 and 5, the total position of individuals increased by another 451194 futures, or 11.4 billion rubles.
Interesting is the fact that previously the mysterious trader has already come to the attention of the media. So, last fall, a mysterious investor made a record bet on the rise in the price of oil before oil quotes added 19% at the opening of trading.
Then the bid of an unknown player has played, whether this time we will find out very soon.