Future chat group - Chapter 883

c873 Force the palace again

When the members of Yajin Investment’s board of directors looked at Lei Hao, there was also a kind of expectation in their eyes.

Everyone is very sensitive to data. With a little estimation, you can know the approximate variables.

If the outside world generally believes that the probability of the rise or fall of the US dollar is 4 to 6, the US dollar index currently hovering at 99 fully reflects this variable. However, after taking Lei Hao’s analysis conclusion into account internally, the probability of this probability It will become 3 to 7, or even 2 to 8, so our conclusion is very simple: the index should be lower.

Cognitive differences are the prerequisite for the emergence of quantity. Exposure is directly proportional to risks and expected returns. This is an ironclad formula.

“The snowball starts from this moment, Yajin Tou can bring me enough chips!” Even though he knew the approximate amount of energy from future information, Lei Hao was very much looking forward to it.

The Thunder’s top management also has the same expectations as Lei Hao. Everyone knows very well that how much energy Yajin Tou can give and how big the snowball can roll are directly related to the Thunder’s subsequent operations.

On February 2, when Yajin Investment submitted its intentions to major institutional platforms, various hedging intentions also began to appear.

Calculated according to Yanjing time, the U.S. non-agricultural data will be released late at night on February 2. Before this time is the last opportunity for hedging, and the energy column is thick and high.

For the sake of risk control, each institution may not throw the order into the formal market, but if it is the willingness of the higher-level institution platform to hedge, it can reduce a lot of hesitation.

“So fast!” Although Yajintou, the trading department, was mentally prepared, Lei Hao was still a little shocked when he saw the violent beating of the data on the screen and listened to the sound of the trader tapping the keyboard non-stop.

“GC, COMEX, one thousand…”

“FXA (forward exchange rate contract), Australian dollar, opponent’s short selling intention, face value of 1 billion…”

“CNY oil contract, has the forward agreement been signed?”

There are various operations for short-selling the US dollar. The Thunder have had similar short-selling operations in the past, but the Thunder’s trading department is still relatively rough.

The biggest reason is the lack of willingness to choose. Lei Hao has never entered the top market between institutions or within institutions. For many things, it is not that people have no intention, but they cannot achieve large hedging exposures with him.

As soon as Yajin throws his strength, he will immediately enjoy different treatment from the Thunder.

The assets managed by Keda and HSBC both exceed US$2 trillion. They have branches around the world, they have financial subsidiaries holding shares all over the world, and they have too many contracts of intention.

Now, nearly 40% of the shares of Yajin Investment are held by Keda and HSBC. Together with other participating financial institutions, they have the key to the top portal of the financial world.

“This is the real core area of ​​large multinational financial institutions.” Lei Hao was a little shocked.

No matter how much money the Thunder has, it cannot do these things due to its lack of foundation, and once it suffers losses, its brand will be stained.

Large institutions such as HSBC and Ketak are not worried at all. In Asia Pacific alone, they have dozens or hundreds of holding subsidiaries. If you include funds, the number is well into three digits. These institutions and funds are almost Every day, some people make profits and some lose money, but as long as a transaction occurs, the handling fee will be collected.

Moreover, even if ABCDE institutions and funds lose money and go bankrupt, it means that abcde institutions or funds are making huge profits. They directly divide the latter into two, eat up the share of the former, and can establish new institutions and funds in the blink of an eye. .

This is the power of large financial institutions, and the immortality of large institutions is revealed from this aspect!

“Thunder’s transformation is the right choice.” Standing next to Lei Hao, Ye Liu said leisurely: “We need such a platform.”

“Ye is right, Lei, you made a wise choice.” Rui is not only the executive director, but also has a position in the trading department. He is very clear about his responsibilities, but he has not given up on his ambitions. It seems that Looking at Lei Hao, he echoed what Ye Liu said and added: “But to explain in Chinese, you have to eat one bite at a time. You should develop Yajin Tou first.”

“What’s strange to me is that Keda is not afraid of a monster coming out of internal competition?” Lei Hao looked at Rui and asked.

“In the equity structure of Keda, the Swiss Keda Financial Group holds the largest shareholding, which only accounts for 15%. If another financial monster appears, and the Swiss Keda Financial Group also holds 15% of the shares, what do you think they will do? ?” Rui’s eyes flashed with an inexplicable look and said, “They will definitely be willing.”

“One hundred small financial institutions cannot match the strategic role of one medium-sized financial institution. In the same way, one hundred medium-sized financial institutions cannot match the strategic role of one large financial institution. This is a sure thing.” Ruy said in a seductive way. His tone continued: “Lei, Asia Pacific has this potential, but large financial institutions need political support, and Asia Financial Investment is one of the alternatives.”

Lei Hao was silent for a moment, and a smile gradually appeared on his face, “So, I need more support. In fact, the choice is in your hands, isn’t it?”

“I will prove that we can keep up with you.” Rui was confident.

The development of financial institutions requires a large amount of capital operations, and capital operations involve positions, positions, and exposures. Lei Hao is very happy that the people on the board of directors of Yajin Investment are ambitious.

Because only ambitious people will take risks. The higher the risk, the greater the reward.

Rui and other directors of Yajin Investment are confident. They have helped Lei Hao leverage more than three times, which is tens of billions of dollars in assets. Isn’t this support enough?

With a contract face value of 100 billion, if the market moves 1% in the direction set by you, it will be a profit of 1 billion, one billion at a time, 10 times a year, it will be 10 billion, and the rate of return will be stable at 25%. With such a rate of return, capital forces will definitely flock in with money.

There is a rate of return, asset level, and a huge interest network, so why worry about big things happening?

However, Rui and the others still underestimated Lei Hao’s ambition and… insidiousness.

“One hundred billion? Have you finished building the position?” On the evening of February 2, when they heard the news, everyone in Yajintou was a little stunned. After looking at the data printed out by the trading department, everyone felt itchy in their throats. It seemed like blood was welling up.

“Damn China Thunder, why do we have to give up these points?” A group of directors almost overturned the table.

Yes, the investment department, including the trading department, all listen to Lei Hao’s command, so… even if the U.S. dollar index is above 99, but Lei Hao is willing to make a slight concession and establish a short selling position below 99, that is okay. Well.

Short selling at a low level, each contract gives a small price difference to other institutions, can Lei Hao’s position opening speed not be fast?

So why did Lei Hao quickly build a position? the answer is……

“Either give higher leverage, or let the Thunder come in to take over the buying.” Yajintou’s board of directors thought of Lei Hao’s suggestion in the morning, and felt a little helpless. They only pinched their noses and accepted it, but they began to make some additional suggestions. Think: Do these positions represent profits?

Now everyone has chosen to give up their positions to the Thunder. What about next time? If you make money this time, will you give it up next time? What does Lei Hao mean? How big is his appetite? Will this operation make money?

Yajintou’s board of directors once again felt forced to take sides.