Chapter 350 - Paying Tuition Fees

There was no trading on Saturday, so I just took a look at the previous information. Li Yiming thought to himself, and asked again: "Then what do you mean by managing money on behalf of customers?"

"The customer said that we will help him buy what he wants to buy, and will give some advice, if Li Sheng entrusts us, it is also the same operation, we charge some handling fees and transaction commissions. ”

As Huang Qiusheng said, Li Yiming nodded slightly: "What markets can you do now?"

"There are accounts in several major markets. The New York Stock Exchange, the NASDAQ, the Chicago Mercantile Exchange, the London Stock Exchange, the Financial Futures Exchange and the International Petroleum Exchange, as well as the Tokyo Stock Exchange. Of course, we are mainly engaged in the local market in Hong Kong. "Li Guobao reported very slippery.

"What about Singapore?" Li Yiming remembered that the Nikkei 225 index futures will only appear in this market next year.

Li Guobao nodded suddenly: "There are also that, the new stock exchange SES and SIMEX, and SIMEX were only established last year." In fact, people in Xiangjiang don't know how to buy stocks there, and they mainly operate in the four exchanges in Xiangjiang, and our overseas business volume is very small!"

When it comes to the small amount of overseas business, Li Guobao is not weak-minded, and now when the people of Xiangjiang hear that the bank has overseas business, it is like seeing a ghost, and they always feel that there must be a huge loss hidden here.

Li Yiming thought for a while: "Do you have the information about that SIMEX? ”

It's eighty-five years now, not more than ten years later, there are not so many securities markets in the world, there is no Internet trading, and the data management of users is not necessarily particularly strict.

Why should you look it up?

Because this SIMEX is the Singapore International Financial Exchange, that is, it has created a precedent for using other countries' indices as trading varieties, which is the Nikkei 225 Index.

In the entire Chinese community, there are several anti-China pioneers, and Singapore is one of them.

This small country with a big booger has a good level of management and good economic development, but the more this happens, the worse it becomes.

The chairman said that the more knowledge you have, the more you oppose it, and this is the case with the Lee family in Singapore, and it is not like Xiangjiang, which is close to the mainland to worry about security issues, so it has no limits and is unscrupulous in doing things.

A few years later, it launched a Chinese index futures called Xinhua FTSE A50 Index Futures, which was used to influence the direction of China's stock market, and during the economic crisis of '08, it was used by speculators who did not know how many bloody and fanged speculators took advantage of it to steal hundreds of billions of dollars of wealth from China.

Li Guobao nodded: "This is there, I will have someone find it out for Li Sheng when I go back." ”

"Which of these exchanges is a member?" Li Yiming remembered that it seemed that only members could trade directly, and others could only do it indirectly through brokerage.

Li Guobao was slightly stunned: "None of them are members." ”

"That's trading through a broker. ”

Li Guobao nodded: "Yes, we are an over-the-counter transaction, and it will be done through a broker." ”

Through the brokerage model, it is inconvenient for short-term operation, and the overseas market fluctuates so fast, and it has to be through international calls.

Li Yiming thought for a while and asked, "Have you ever done oil futures?"

Li Guobao was slightly stunned: "No, I know someone has bought it, and now there are only three varieties that can be made, one is IPE is the light diesel futures contract of the London International Petroleum Exchange, and the other two are the heating oil futures contract and leaded gasoline futures contract in New York, that.... Li Sheng also wants to make oil?"

"The mainland's oil should not be exported, and this must be learned. Li Yiming said casually.

Mainland Petroleum, Li Guobao is not impressed, he knows that there is a Daqing Oilfield, it seems that even if it is exported, there are not too many, but who makes the mainlanders poor.

"Li Sheng, the oil market is unstable during this time, the transaction is very risky, after all, the planned funds are used by the mainland for production, if you lose, it may not be easy to ......."

As soon as Li Guobao said this, Li Yiming saw his father's head in front of him move slightly, as if he was holding back and not turning around.

Li Yiming looked at him: "I know, I brought some extra tuition." ”

"Tuition?"

"Well, I brought some gold here, you don't know, right?" Li Yiming gestured to the box at his feet.

Li Guobao smiled and looked at the dilapidated and dirty box: "That knows, I heard that at that time, Li Sheng smashed the door with a gold bar, and threw out more than a dozen gold bars to stop the scene,...... So this gold is tuition?"

Li Yiming sighed: "Yes, the reform and opening up of the mainland, to a certain extent, some people will say that they will learn from other people's families to set up a securities market, and we will all eliminate this kind of speculation and speculation for decades, and I don't know if we can afford to play it......

Li Guobao's eyes were wide open, and the mainland wanted to engage in a securities market, so he actually sent this young man to inspect and see the trend.

Li Guobao seems to have a picture in his mind out of thin air:

In a large room with antique portraits of great men, a majestic old man waved his hand, and a soldier stepped forward to open it with a box in his hand, and there was a golden gland full of large yellow croaker.

A little boy stood in front of the old man, gave a military salute, took the plate, turned around and sat on the military plane...... The plane roared up!

Li Yiming pouted: "So I bring this tuition fee to see if I can make money in this kind of market." ”

"Uh, this...... What do you mean by this?"

"I'm so smart and I'm losing, so ordinary people don't play. Li Yiming said casually.

Li Guobao's heart trembled, and he hurriedly asked again: "Then Li Sheng, what if you earn it?"

Li Yiming replied casually: "I'm good at making money, wait for them to be as smart as me!"

Li Guobao looked at Li Yiming's side face speechlessly, thinking that whoever is as smart as you means that no matter whether you win or lose, no one else can play...... This seems to be against the mainland's involvement in the securities market, and this information is very valuable!

According to the information in the stories in Li Yiming's mind, from this year to next year, the two biggest and clearest speculative opportunities are the depreciation of the dollar in this square agreement, and the other is the collapse of oil prices in November this year.

Li Yiming was basically sure that the square agreement would not change because of his actions, even if there were any reborn traversers, they would also follow the impetus to make waves.

The same is true of oil prices, which began to plummet more than a month later, because Saudi Arabia wanted to increase oil production in addition to OPEC, ostensibly because the Saudi people could not live their lives, but in fact, Li Yiming had already seen that this must be related to the hegemony strategy of the United States to suppress the Soviet economy.

Starting in November, Saudi Arabia increased crude oil exports from 2 million barrels per day to 10 million barrels per day, clearly oversupplying demand.

As a direct result, international oil prices fell from $31.72 per barrel in November 1985 to $10.42 per barrel in March 1986, a drop of nearly 70 percent in four months.

Even if you don't use anything, you can directly short the band, regardless of the band, and wait for four months, and sell a lot of 1,000 barrels, 32,000 US dollars, you can earn 20,000 US dollars.

What if there is still the legendary hundred-fold leverage?

Theoretically, $32,000 can be used to operate 100 lots and earn $2 million! There is no risk, and Li Yiming now has to find out which exchange and which variety of futures prices this oil price refers to.

And how to play futures, it is not the Internet era, over-the-counter transactions have to rely on international long-distance calls to traders, Li Yiming has not even built an account, let alone trading.