On the 15th, Tuesday, after breakfast, Lin Haocang received a call from Liao Jingling.

Liao Jingling on the phone: "Xiaocang, I have already made an appointment with you with our president, you can come to the office this morning to talk to her!" Lin Haocang asked her to ask their president Zhang Xiaolei before, it seems that she wants to talk about something important, it seems that Lin Haocang plans to sign a written agreement with Yingda Bank, but she is not easy to ask.

Lin Haocang immediately said: "Okay, I'll go over and talk to her!"

The president she said naturally refers to Zhang Xiaolei, the president of Yingda Securities Company (Yingda Investment Bank), and now Lin Haocang's capital has reached 100 million US dollars, so Lin Haocang wants to sign an extremely important agreement with Yingda Bank to ensure the safety of his transactions!

And this famous protocol is called the ISDA protocol!

What is the ISDA protocol?

Ordinary people naturally don't understand, they haven't even heard of it, and of course they may not be able to understand what the hell this agreement is?

The ISDA Agreement is the standard agreement text and ancillary documents provided by the International Swaps and Derivatives Association for international OTC derivatives transactions. Founded in 1985, the International Swaps and Derivatives Association currently has more than 800 members from 56 countries. Its branches are all over the United States, Europe, Jiangdao、...... The Lion City and Tokyo. The ISDA agreement document includes the Master Agreement, Attachments, Credit Support Attachments, Transaction Confirmations, and Product Definitions.

The market capitalization of the nuclear power under ISDA's management reaches $700 trillion, more than 10 times the total size of the global economy. This organization is relatively low-key, mainly composed of banks, hedge funds, and investment institutions.

Tsk, 700 trillion dollars, it scares people to death when you say it!

Looking at this figure of 700 trillion US dollars, you will feel that you are just a drop in the ocean in this world!

Any powerful investment banks, hedge funds, and investment institutions will join in to ensure the safety of transactions, while retail investors are not eligible to enter.

Similarly, banks have signed International Swaps and Derivatives Master Agreements (ISDA Agreements) and Credit Support Riders (CSAs) with Merrill Lynch, ING Bank and Fortis Bank.

The ISDA Master Agreement is a credit document for swaps and other related derivatives transactions, mainly including standard contract formats, annexes and transaction-specific confirmations drafted and published by the International Swaps and Derivatives Association. It not only reduces legal uncertainty, but also reduces the credit risk of derivatives transactions through terms such as netting, elimination, and early termination. As an annex to the ISDA Agreement, the CSA stipulates the specific details of the mutual delivery of collateral, including the time and method of market price assessment, the type and quantity of collateral, the starting amount of the mortgage to be delivered, the calculation of mortgage interest, dispute resolution, etc.

But the threshold for signing the ISDA agreement is very high, and anyone who has seen the movie (Big Short) knows that the two genius protagonists wanted to sign the ISDA agreement with the bank when they went to Morgan Stanley Bank (Da Mo), but were told by the bank's people that they still lacked $1.3 billion in funds, so let them work hard to make the funds $1.4 billion!

The threshold of the ISDA agreement is frighteningly high, similar to the ISDA agreement of Yingda Bank, which is the threshold of 1 billion US dollars, and Lin Haocang's current capital is only more than 100 million US dollars, which is not enough to sign the ISDA agreement with Yingda Bank, so I had to ask Liao Jingling to help Zhang Xiaolei, president of Yingda Securities Company, go through the back door.

If Zhang Xiaolei doesn't have a problem with her brain, she will help herself get this ISDA protocol!

·

After Lin Haocang ended the phone call with Liao Jingling, he drove to Yingda Securities Company.

Liao Jingling was already waiting for him, Lin Haocang, who came down from Ferrari, Liao Jingling immediately trotted over, kissed him, and said, "Xiaocang, you are finally here, our president is waiting for you in the office!"

Lin Haocang smiled: "Well, thank you, Sister Lingling!"

"We have such a relationship, do you still want to be polite to me?" Liao Jingling looked at Lin Haocang with a hook.

"Hey, I will love you well in the future!" Lin Haocang said with a smile.

Liao Jingling's face suddenly became a little hot, Lin Haocang's words really made her heart flutter.

After a while, Liao Jingling took Lin Haocang to Zhang Xiaolei's office, and the layout of the female president's office was rigorous and elegant, with a bit of poetic feeling.

The female president wore a pink temperament suit skirt, white high heels, and a silver diamond necklace.

No wonder Liao Jingling has always regarded her as an idol!

"Mr. Zhang, Mr. Lin is here!" Liao Jingling left the office after speaking.

Zhang Xiaolei looked at Lin Haocang with a smile and said, "Mr. Lin, hello, please take a seat!"

"Hello, Mr. Zhang!" Lin Haocang sat down with a smile, looking at the mature and beautiful, charming, intellectual and elegant female president, which made Lin Haocang like it very much in his heart, as for what kind of liking, he didn't need to say it, so as not to look vulgar.

After the two talked for a while, Zhang Xiaolei looked at Lin Haocang with admiration and said with a smile, "Mr. Lin, you are the most talented trader I have ever met!"

"So young is worth hundreds of millions of dollars, and becoming a financial giant in the future is just around the corner!"

"No wonder Xiao Liao is in love with him to the extreme!"

When Liao Jingling found her and told her about Lin Haocang, she was in love and adored.

Lin Haocang can use the principal of 1,000 US dollars to achieve today's 120 million US dollars, which is simply a genius among geniuses!

She's seen people who have done hundreds of millions, billions of dollars with millions of dollars, but she has never seen anyone who has done hundreds of millions of dollars with $1,000.

And Lin Haocang is still so young, which shocked her heart.

·

"Mr. Zhang, it's serious!" Lin Haocang smiled faintly, no longer polite, and said bluntly: "I want to ask you a favor and let Yingda Bank sign an IADS agreement with me!"

Zhang Xiaolei smiled and said, "Mr. Lin, the threshold of the ISDA agreement of Yingda Bank is 1 billion US dollars, and you make me a little embarrassed by this!"

Lin Haocang said frankly: "Mr. Zhang, I believe you have also heard of my investment level, and in the future, we can cooperate with you in depth, and my funds will be more and more in the future, isn't it very beneficial to you? I will become the major shareholder of Yingda Bank, and when I enter the board of directors, I will nominate you to be the CEO of Asia!"

When Zhang Xiaolei heard Lin Haocang's words, she was stunned, this kid only has a capital of 120 million US dollars, and he dares to say that he will become a major shareholder of Yingda Bank in the future?

Yingda Bank's stock price is now 314 yuan per share, and the total share capital is 3.2 billion, and the market value of Yingda Bank is as high as 1 trillion, and according to the exchange rate, it is nearly 130 billion US dollars!

A major shareholder, well, if you count 5% of the shares, it will cost more than 6.5 billion US dollars, and if you pay a premium, you may have to spend 7 billion US dollars!

You're worth only $120 million, and you want to become a major shareholder of Freetech Bank?

It's impossible!