Chapter 639: Innovation

Seeing Li Yiming's expression change from serious to relaxed, Li Guobao asked curiously: "What did you think of?"

"Is it possible to complete forward foreign exchange transactions with banks within a limited time?" Li Yiming asked Li Guobao.

"What do you mean?"

"If the dollar depreciates, then from the perspective of trading hours, the opening time of each market is different, can you agree on buying and selling in advance?"

Li Yiming looked at Li Guobao, "For example, you have a bank in Tokyo and Los Angeles, and I have a fund of 100 million US dollars, and I will sign a contract with you to agree on the time to pledge the funds at the exchange rate of the day and transfer them to different branches for time-limited transactions." ”

Li Guobao instantly understood: "Of course this is possible, this operation between the same bank can be completed as long as a contract is signed, do you want to do this? Then do you think the Americans will quickly adjust the exchange rate of the dollar?"

Speaking of this, Li Guobao only felt that his heart was beating so fast, and the night before he heard Li Yiming talk about using supercomputers to do lightning trading, it was just a model for future development, and now this can be carried out at any time.

If the dollar depreciates by one percent, then the banks in these markets will have to adjust the buying and selling rates accordingly from the time of the transaction, starting with Germany.

In these large international banks, all kinds of currencies have corresponding reserves, and if the amount is not large, the transaction is actually completed instantly, and the time is actually spent on the counter processing, if the contract is signed in advance......

"Do you really understand what I mean?" Li Yiming looked at him with some unease.

"Of course, I've thought about this, I'll write it to you!" Li Guobao took out a pen from the table, took the paper, and bent over to write on it:

"Let's say that the dollar exchange rate will be adjusted from A to 0.99A, and by the way, the exchange rate adjustments are announced in the middle of the night. Li Guobao said as he wrote.

"Initial funding: $100. The day before, the Berlin branch was to buy the Deutsche Mark at the official price, which was 100AM, and the contract stipulated that the funds would be bought back at the previous exchange rate when the counter transaction opened at 9 o'clock local time the next morning, and at this time, due to the depreciation of the US dollar, the funds were about 101 US dollars, and the contract stipulated that the funds could be traded at the present value at the local time of the Paris branch......"

Li Fuzhao coughed heavily: "Unless you know the time when the Americans transfer foreign exchange, you can only lose the handling fee ...... this transaction."

Li Yiming glanced at him: "Don't tell you such an important thing? Isn't the slogan in the same boat?"

"How can there be such a slogan......" Li Fuzhao's expression was embarrassed, although there were some things in the Freemasonry that could be ventilated, he was not advanced enough to know this kind of top-secret information,...... And the slogan of Freemasonry is by no means a solidarity.

"Oh, what is that?" asked Li Yiming with a smile.

Li Fuzhao looked at Li Yiming, and Li Yiming didn't know if he really didn't understand or pretended not to understand!

HE HESITATED FOR A MOMENT, THEN SAID: "NOVUS ORDO SECLORUM, THIS IS A LATIN PHRASE DERIVED FROM THE ANCIENT ROMAN POET VIRGIL, MEANING ......"

Li Yiming looked at him calmly.

"The new order of the times ......" Li Fuzhao said softly while carefully observing Li Yiming's expression.

The new order of the times, Li Yiming's eyes narrowed slightly, it turned out to be this sentence, he had seen it in several places, appeared on passports and dollars in the form of stamps, and muttered softly: "...... Sounds like a revolution......"

Li Fuzhao had a chill, your far-fetched is too far-fetched!

"No, it's ......"

As soon as Li Fuzhao opened his mouth, he saw Li Yiming's eyes, and he felt like he was about to fall into a pit, so he subconsciously closed his mouth and turned into a sigh, forget it, you can think whatever you like!

"You have become the altar master and don't tell you, this has something to do with the low status of the Chinese!" Li Yiming sighed.

Li Fuzhao was helpless: "The altar master...... Lots of ......"

"There are a lot of altar masters, what are they up, Dharma protectors..... Where's the helmsman?"

Li Fuzhao coughed twice and sighed: "This aspect ...... We also have discipline ......"

Li Yiming rolled his eyes: "It's as if you'd rather die than give in!

"What?" Li Fuzhao was inexplicable.

"A hit!"

Li Guobao was taken aback, and hurriedly rushed to the round: "It's really a problem, you only know that it will be adjusted, but you don't know which day it will be adjusted, if the later this day comes, the greater the loss of funds in the middle,......"

Li Guobao only felt that he had never spoken so quickly in his life.

He still remembered Li Yiming's two shots, both of which were smiling in the last second, and exploded directly in the next second, asking Li Fuzhao if he ate spicy food, no matter what he meant, don't continue!

…...

"The signal here is extremely poor!" Li Zhiyuan looked at the big brick machine in his hand, shook his head, and suddenly looked up at the elevator exit not far away.

Li Jianguo was very sensitive, and when he looked over, an old man and a bodyguard happened to come out.

The old man raised his eyes and looked over, just in front of Li Zhiyuan, with a smile on his face: "Ah Yuan?"

"Shibo!" Li Zhiyuan stepped forward and said hello.

"Why is it here, who is?"

"It's a colleague in the company. Li Zhiyuan replied with a smile, "Come with me and I'm about to leave." ”

The old man smiled: "The future is terrifying!"

Li Zhiyuan smiled humbly and said, "Shibo, you are also here......"

"It's the little things in business. ”

The two played a few haha, and the old man got into a black car and left.

Li Zhiyuan returned to Li Jianguo's side and whispered: "Li Jiacheng of Changshi." ”

"Is that him?"

"Do you know?" Li Zhiyuan looked at Comrade Jianguo, "He has a good relationship with HSBC Taipan, and I don't know what business he is talking about this time, by the way, he has also been to the mainland." ”

Li Jianguo looked at the car in the distance: "I haven't seen him, Yiming knows." ”

My son said that this long-term Li Jiacheng is actually a British-funded agent, which is very unreliable!

"Let's go, there are no phone calls here. ”

…...

"What about the bank? Will they be willing for others to sign an agreement like this?

"I'll have to find out about this. Li Guobao thought for a while, "There should be a lot, the main thing is that only people with inside information dare to do it, but it is better to do futures with this news." ”

"The futures market is too small. Li Yiming looked at Li Guobao, "Most of the bank's funds are still in the spot market...... And they always adjust it, and now the price of their products is not competitive,......"

Li Guobao nodded, and unconsciously, he was already thinking about things according to Li Yiming's train of thought.

Li Yiming looked at Li Fuzhao: "Did you hear any rumors?"

Li Fuzhao thought for a while and said: "It has always been in recent years, but who knows which day, it may be tomorrow, it may be next month, maybe it will be the end of the year......"

Li Guobao pinched his chin slightly, he was already very clear that what Li Yiming said was actually a re-innovation of the existing bank's method of hedging exchange rate risk, provided that the exchange rate of the bank's main reserve currency changes significantly.

Bankers may be conservative, but if they can use new technologies (supercomputers) or new models (time-limited transactions) to expand their assets, they are not allowed to lose any of their principles......

Li Yiming, this kid, has a lot of ideas!

It seems that he can use everything, Li Guobao lowered his head, this thing seems to be really doable, the premise is, of course, that he has to sign that kind of contract with another bank...... Is anyone else willing to sign it?

Li Yiming himself will definitely not come forward, and the Li family has to take the lead again!