Chapter 0181 - Hedge Battle 2
"I'm coming!" Seeing Qiao Tianyu switch to the foreign exchange market, Rosenfeld, one of the "Five Heavenly Kings" of LTCM, stood up, he is the former head of the trading department of Salomon Brothers, and he is the best at trading in the foreign exchange market.
Like Meriwether before him, Rosenfeld habitually glanced down at the digital arbitrage model, and when he saw that the "suggested instructions" issued by the digital arbitrage model were exactly what he thought, he immediately issued a trade order.
"Pound spot, $19 billion, 50 times leverage, sell!"
Similar to the Treasury market, LTCM also held a whopping $45.6 billion in spot British pounds to hedge its long position of 12 billion yen.
At this time, Qiao Tianyu was suppressing the yen exchange rate, and the best strategy was, of course, to use the British pound to hedge the risk of the yen exchange rate falling, and there was indeed no problem with Rosenfeld's operation.
However, because the sensitivity of the yen and the British pound to the market is not consistent, in order to hedge against Qiao Tianyu's attack, LTCM has paid an additional investment of up to $14 billion.
However, the total amount of investment funds in LTCM is several times that of the Zero Point Fund, and it is very wealthy, and it doesn't care about this little money!
Qiao Tianyu saw that he couldn't bargain in the foreign exchange market, so in the next half an hour, he switched to stocks, futures, gold, crude oil and other financial markets, and every step of the transaction was highly targeted at the long positions held by LTCM.
LTCM, on the other hand, gave full play to their risk-free arbitrage advantages, and used arbitrage combinations to skillfully defuse Qiao Tianyu's attacks one by one......
In this nearly hour-long battle of attack and defense, LTCM's investment experts taught a good lesson to investors all over the world, and they let everyone truly appreciate the magic of hedge fund risk-free arbitrage strategy!
They also let the world understand what is the top international hedge fund and what is real risk-free arbitrage!
However, Qiao Tianyu, on the other hand, did not show the demeanor of his former ace trader at all, and slammed around like a headless fly, which surprised everyone.
Everyone didn't know what happened to Qiao Tianyu today, panicked like a lost dog, and turned to the major financial markets in embarrassment, changing places with one shot, and was frequently kicked by LTCM, and he couldn't see any trading ideas!
Seeing Qiao Tianyu's performance today, even the major bookmakers in Las Vegas were extremely disappointed, and as the battle progressed, the odds supporting Qiao Tianyu also plummeted, and there was no chance of turning defeat into victory.
However, just when everyone thought that Qiao Tianyu would definitely lose today, at 12:09, in the 69th minute after the start of the battle, Qiao Tianyu suddenly sacrificed a shocking move---- silence!
The so-called silence means not moving, not moving.
From the 69th minute, Qiao Tianyu suddenly closed his eyes and entered the set mode, no matter how Henry called to ask how to play next, and how Andre was urging him, Qiao Tianyu just didn't open his eyes and didn't say a word.
Seeing that there was no follow-up to the Zero Point Fund, the whole world was in an uproar, thinking that Qiao Tianyu was defeated by the "Five Heavenly Kings" of LTCM, and ran away with his tail between his legs.
And LTCM also high-fived and celebrated, celebrating the defeat of the hottest Zero Point Fund and Qiao Tianyu, and completely solidified their status as the "world's four largest hedge funds".
Even Prince Saltu, who had been sitting beside Qiao Tianyu, sneered at Qiao Tianyu, pointing his nose and laughing at Qiao Tianyu for not being able to do anything, and daring to fight against LTCM, who had a huge difference in strength, these were kicked in the ass by LTCM, it was pure
o zuo
o die!
Since Qiao Tianyu can't even deal with LTCM, there is no need to mention the Saudi sovereign wealth fund, which is three times larger than LTCM!
Pointing at Qiao Tianyu's nose and cursing happily for a long time, Prince Saltu brushed his sleeves away, saying that it was a waste of time to talk to Qiao Tianyu.
However, in the face of everyone's ridicule and abuse, Qiao Tianyu was not moved at all, still closed his eyes tightly, and didn't say a word.
It wasn't until the unique bell on behalf of the iron-blooded president Fuld rang that Qiao Tianyu suddenly opened his eyes, habitually pinched his nose twice with his right hand, and shouted in his heart, "Kill!"
"Mr. Fuld!" Qiao Tianyu quickly answered the phone, "Well, well, good!"
"Hahaha, Prince Saltu!" After hanging up the phone, Qiao Tianyu raised his head and laughed, and called out to Prince Saltu, who was about to walk out of the trading command hall.
"General of the defeated army, do you have anything else to say?" Prince Saltu glanced at Qiao Tianyu with contempt, and asked in a strange manner.
"Haha, Prince Saltu, there is indeed a defeated general today, but I'm afraid it's not me Qiao Tianyu, right?" Qiao Tianyu raised his head and smiled.
"It's not you, who else can you be? Just now the whole world saw with their own eyes that you were killed by LTCM, and you still have the face to quibble?" Prince Saltu sneered at Qiao Tianyu.
"Prince Saltu, I think you'd better take a look at this before commenting!" After speaking, Qiao Tianyu took out a file bag from his briefcase and threw it on the table.
Prince Saltu was a little puzzled, looking at Qiao Tianyu's posture, it didn't seem like he was joking, but just now he saw that Qiao Tianyu had failed, what was going on?
Saltu walked back with a confused expression, picked up the stack of materials and glanced at it casually, but these two glances were so startled that his mouth couldn't close.
"Qiao Tianyu, what do you mean?!" Saltu glared at each other, and his voice raised an octave.
Qiao Tianyu's stack of information is not on the side, it is the transfer voucher that Saltu transferred all the liquidity of the Saudi sovereign wealth fund of 200 billion US dollars to the LTCM additional account two months ago!
"Hahaha, Prince Saltu, you are a smart person, are you sure that these words should be said in front of so many people?" Qiao Tianyu asked with a smile.
"You...... You ......"
Prince Saltu was so angry with Qiao Tianyu that he had a heart attack, but he had nothing to do with Qiao Tianyu, so he had to take Qiao Tianyu and Andre back to his office and lock the door of the office!
"Say, Qiao Tianyu, what the hell is going on?!" Prince Saltu asked, pointing to the transfer vouchers.
"Prince Saltu, there is really no winner in today's battle! I really didn't break the LTCM, and the LTCM didn't do anything to me, and I only had a tie with the LTCM at most! But today there was a loser!"
"Who?" asked Prince Saltu, puzzled.
"Of course it's you, Prince Saltu!" Qiao Tianyu said with a smile.
"What's going on?"
Prince Saltu and Andrei on the side were so shocked that they couldn't keep their mouths shut, today's Zero Point Fund and LTCM battle, what is the matter with Prince Saltu, why did he become a loser?