November 3rd

The 21st day of the ninth month of the lunar calendar

It is advisable to travel and avoid mating.

Yesterday afternoon, when waiting for news in the hotel, Tang Qing had already contacted the loan customers recommended by the system this month, and Zhang Dongqing was the same as last time, as soon as he heard that Tang Qing's interest rate here was super low and the conditions were generous, he immediately agreed to today's meeting, as for what the other party was doing, Tang Qing didn't ask much, and then he would know that the content of this mission was almost the same as last time, but the dinner place became his own restaurant.

Li Kai didn't come with him at noon, but made up yesterday's homework at school, Li Kai didn't have anyone to bring him a schoolbag, he didn't bother to go to school to get it when he saw Tang Qing didn't take it last afternoon, he wouldn't let go of the opportunity to escape homework in the right light, even if he wanted to make it up, then he would play it first.

Li Jianguo also knew at this time that Tang Qing was also operating other loan businesses, and his own hotel had become a place for negotiation, the shrewd Li Jianguo thought that this was equivalent to having regular customers, Tang Qing was nothing, but those who needed loans were basically bosses, this kind of people had many friends, many consumers and entertainment, and a complex relationship network, with Tang Qing as a link, this network would become bigger and bigger, and the number of people would increase.

Thinking of this, Li Jianguo has already asked Tang Qing to say good things to the other party, and take care of the business of the hotel more in the future, Li Jianguo believes that the business here will definitely go to a higher level in less than a year, not just a step, and when the time comes, you can open a bigger store if you become bigger and stronger. Earn more money ... It was just perfect.

Today, because the other party arrived first after school, it was still two people, but the other person was just the finance of their factory, and the private room was left by Zhang Jing, and he also told the other party yesterday.

When Tang Qing arrived, the other party hadn't ordered yet, thinking that he was waiting for him, and when he saw Tang Qing wearing a school uniform, of course the other party was shocked, and almost thought that he had met a liar, but looking at the bag of cash and the messy contract of the profession, he dispelled the doubts in his heart, and instantly became a friend.

It's still the same as before, signing the contract, verifying the capital, writing the receipt, and then the necessary information investigation, now Tang Qing is familiar with these things, and it will be done quickly, plus the other party is also in a hurry, so he hurriedly checked out the lunch and left.

After signing the contract, Tang Qing did not go back to school directly, but wrote a risk assessment report according to the system requirements, and he wanted to see what changes had been made in the second-level system immediately.

Tang Qing, who had experience, only took ten minutes to write this time, and after the report was recovered by the system, Tang Qing immediately felt that his body was warm, the same feeling as the last time he obtained the source qi value, but this time it lasted for nearly twenty seconds.

Immediately, Tang Qing closed his eyes and silently read the personal information:

Host Name: Tang Qing

Level: Level 2

Experience: 0/200

Loan amount this month: 30/500,000

Personal quota for this month: 20/200,000 (overdrawn until the end of December.) ）

Withdrawable assets: 210,000

Spirit: 51+40

Constitution: 49+40

Source gas value: 40

Foreign currency exchanged: US dollars.

The system has changed a lot, except for the twenty points of source gas value reward and 200,000 yuan, it is the option to exchange foreign currency, and then there is no then, from the personal information, he really didn't see how much the secondary system has changed, and then Tang Qing asked the system:

"System, is there any new function to upgrade to level 2?"

"The second-level personal account has the function of currency exchange in the personal account, and the ability to withdraw and recycle US dollars. The system replied simply.

"I can understand the extraction and recycling of dollars, but what does currency exchange mean. Tang Qing asked, there are many ways to understand currency exchange, so it's better to ask clearly.

In the future, no matter what currency the system recovers, it will be forced to automatically convert the currency of the country, and the exchange rate will be rounded up to the nearest whole price according to the current international exchange rate. ”

Hearing this, Tang Qing understood one thing, that is, no matter what money is collected, it will be automatically converted into national currency, but you can choose all the currencies that have been opened when you withdraw it, and as for the rounding exchange ratio, it is easy to understand, and Tang Qing, who is used to the system's rounding ability, doesn't feel anything.

In general, the second level has opened the recycling and exchange function of specific foreign currencies, and Tang Qing, who thought that there would be a new function of the cow fork, was still a little disappointed.

"I thought there was a surprise, this feature. It's nothing, it's nothing. Mamma Mia, I'll wipe it... ”

As if he had thought of something, Tang Qing immediately stood up from his chair, his face full of shock.

What is this feature for?

Of course, it's very useful, rounding, the exchange rate is rounding, isn't that a risk-free arbitrage naked?

Risk-free arbitrage, as the name suggests, is risk-free arbitrage profits, for a simple example, suppose the U.S. loan interest rate is three percent, the domestic is six percent, then why not borrow money from the United States to lend to domestic enterprises, there are three percent of his arbitrage profits in the middle, there is no risk at all, of course, this is just a hypothesis, easy to understand, the actual operation involves a lot of transaction costs and some other complex things The profit is not so high.

But what are the transaction costs of the system? Not at all, what is the complicated process of the system? No, the exchange of currencies can be completed instantaneously within the system.

Under the strong pressure of the excitement in his heart, Tang Qing wanted to confirm it again, this could not be ambiguous:

"System, you mean, I can be freely converted at the rounded exchange rate?"

"Yes, but the number of redemptions per day is limited to 10 times, and there is no limit to the amount. The system replied.

After being confirmed by the system, Tang Qing also put his mind at ease, he was afraid that he had misunderstood just now, and he would rejoice, as for the ten restrictions, Tang Qing automatically ignored them, the interests involved were too huge.

For example, suppose that in reality, one dollar dollar can be exchanged for eight yuan and five cents and one yuan, but in the system, it can be exchanged for nine yuan by rounding it off, and if the exchanged nine yuan is withdrawn, he can go to the bank and directly convert it into one dollar according to eight dollars and five cents, and make a net profit of four cents and nine in the middle, which seems to be not much, but if this number is as large as 10 million, 10 million dollars, then he can make a net profit of 4.9 million yuan, nearly 5% of the risk-free profit.

That's crazy.

This is still a relatively large ratio of RMB and US dollars, if it is a one-to-one five-one, that transaction nets a quarter, two and a half million US dollars, and the time taken can even be shortened to a few seconds in the account, and a quarter of the net profit is made when the money goes around the account in a few seconds, and one time is twenty-five percent of the profit, and if it is calculated ten times compound interest, three times the profit, thinking of this, Tang Qing swallowed his saliva.

This news is so shocking, it's crazy about the system.

If the exchange ratio is 1:8.49, then it is not good to play directly in reverse, and there is room for arbitrage in any case.

"System, you're not kidding, it's not trying to harm me if I make money like this, I don't want to fail the tenth-level assessment. Tang Qing stammered and asked, "This is the money printing machine, it's completely risk-free." He really couldn't believe it and asked again.

"The secondary host has the right to view the details, and the risk-free arbitrage within the system is one of the main auxiliary functions of the system, and it is also a variant of the interbank risk-free arbitrage, but the object of arbitrage is different, which is also one of the benefits of the system. The system does not have any restrictions on the number of withdrawals and withdrawals of national currencies and the quota, but for non-national currencies, there are no restrictions on the number of times and no quota for imports and exits, regardless of the upper limit of ten times a day, which is refreshed at 24 o'clock every day. ”

Speaking of this, Tang Qing also understands the meaning of the system, no matter how you want to carry out this risk-free arbitrage transaction, after all, you can't get around exchanging foreign currency with the system, as long as the system controls the times, then this behavior is controllable, think about it, in today's information age, if there is no limit, you can carry out millisecond transactions, a transaction earns five percent, you are the richest man in the world in one day, and the global wealth is your own in a few days, so how is it possible, how can there be such a big loophole.

However, this is only a form of exchange rate under extreme conditions, how can it just be stuck at 8.5 o'clock, and now there are only US dollars, and the profit will not be so high at all.

He remembered that until his rebirth, the renminbi was not freely convertible, and his own student went to the bank ten times a day to exchange foreign currency, and this goal was too big, even if he used account transactions, this goal should not be too obvious.

In the future, he is ready to study the rules of currency trading in the real world, to see if there is any way to trade in large quantities without attracting attention, after all, the field is different, the work he did in his previous life was just an errand, and he really doesn't know much about the trading rules in the financial field, at most he knows a little about stock futures, which is useless.

Although it will not play a big role in a short period of time, but this function will be of great use in the future, not to mention the growth of their assets, once more currencies are unblocked, then the view of the currency is likely to produce a large interest rate differential, the combination of the two interest rate differentials, tsk, crazy. Even he can do investment funds and the like, absorbing hundreds of millions of billions of other people's funds to do this kind of arbitrage trading, it can be crazy, but now it's better to be careful, it must be risky to play like this, in the era of big data, abnormal trading accounts are estimated to be immediately promoted to key monitoring targets, he has to think about how to operate, it's still early, no one will believe that he gives himself money, and he has no interest in using other people's money to make money.

It's a bit crazy about the system, but he likes it, and it's a bit of a banker.

No, what does it mean to round up at a high price?

So Tang Qing asked this question again.

The system gave an answer, the meaning of the high price rounding is which currency has a high value, the system will set it as one in the exchange rate, and the currency with low value is displayed in proportion, such as the exchange rate of the US dollar and the RMB, the system is displayed in the form of one to eight, and the current US dollar exchange rate Tang Qing is not clear, looking at the system This ratio is obviously below 8.5, and the system rounds the relatively low value of the RMB according to the eight. Otherwise, the reverse is 1 to 0.125, and rounding will become 1 to 0, how is that possible.

According to the algorithm of the system, Tang Qing found that if the difference between the whole and the RMB is too large, there will basically be no profit, such as the Korean won, a dollar is worth hundreds, and the proportion of the hundred-digit rounding is too small, which is completely negligible, unlike the US dollar, which is at least one percent of the profit if it is rounded, and the closer it is to the RMB, the higher the value of the currency arbitrage.

So in his opinion, all Korean won and yen are rubbish, and there is no arbitrage value.

"By the way, how to calculate the Hong Kong dollar and the Taiwan dollar. At this time, Tang Qing thought of another question, that is, these two currencies are strictly different from the RMB, but they are the same country.

"A sovereign country has only one form of currency in the system, and the Hong Kong dollar and the Taiwan dollar are jointly subordinate to the national currency, and only provide recovery services and do not provide withdrawal and transfer services. ”

Tang Qing nodded, in general, these two currencies are only allowed to enter and not to exit, although this setting is a bit inconvenient, even a little strange, but he didn't think much about it, and he didn't bother to ask the reason. Now my brain is messed up enough, so I don't care about anything else.

In the box, Tang Qing's heart couldn't calm down for a long time, although it seems that he can't generate much profit now, but the goal is to look at the long term, and when the time comes, the time to open an international account and arbitrage between various currencies to pick up money is not far away.