Chapter 19: Gambling Houses (II)

Gambling is a grey industry with a very long history in the financial market.

The emergence of gambling houses can be traced back to the U.S. securities market in 1918.

Because the essence of speculative trading is a zero-sum game, it is doomed that no one loses money and no one makes money, and this essence is the most fundamental reason for the emergence of gambling houses.

The term VAM has said a lot about it, and it is different from regular securities companies in that in VAM, customers' funds often do not enter the market for trading.

The so-called gambling house is a general term, but they all have one obvious thing in common, that is, they only need a small amount of money, and they can carry out transactions of several times or even more than ten times the amount of funds.

These gambling firms often do not have a government-issued operating license, nor do they have a corresponding regulatory body, and their names are usually either finance companies or asset management companies.

In the early years, gambling houses often relied on mutual introductions from friends, so the general reputation of this industry was not bad, such as Zhang Hua.

The most important thing is that there is no need for gambling houses to repay their debts, and they have a way to get customers to spit out the money they have earned.

For example, if the price fluctuates normally, the customer will be closed if the margin is not enough.

And in the market, this volatility is normal.

Of course, since ancient times, there will be some gambling houses that can only enter but not out, if the customer makes money, he will try his best to let the customer continue to do it, until the customer loses all the funds.

But there are always exceptions in the world, and even for gambling companies, which should theoretically make a steady profit, there is actually the possibility of losing money.

Jesse Livermore, one of the most famous speculators in the history of finance, started his career by gambling in the industry.

In Jesse's day, the word "that kid" meant that he was the least popular person in the gambling house.

Not one of them.

Because since Jesse was fifteen years old, the gambling house has become his personal ATM, and no one likes a guy who only makes money and doesn't lose money.

Even later, where Jesse went, the dollars in his hands seemed to have become waste paper, and none of the gambling houses were willing to accept his commission.

After Zhang Hua's introduction, Zhao Jiangchuan knew that he guessed correctly, but he was still a little surprised.

Zhao Jiangchuan only came into contact with the financial market after the great changes in his family in his previous life, so he never knew that the early domestic financial market also had gambling houses, otherwise there would be all kinds of concerns before.

For him, it was like falling asleep and someone would bring him a pillow.

Zhang Hua's company environment is not bad, in addition to various office equipment, there are some vegetation, compared to the Wanbang business department downstairs, it is much quieter and elegant.

The most interesting thing is that Zhang Hua also specially hired a beautiful woman to sit at the front desk, which made Zhao Jiangchuan secretly admire when he entered the door.

Being able to think of using beautiful women as the face of the company in more than nine years is definitely not something that ordinary people can think of.

"Boss Zhang, you just said that you can make a lot of treasury bond futures here with 5,000 yuan, can you talk about the specific process? ”

"Naturally, for example, treasury bond futures, a first-hand treasury bond securities company costs almost 20,000 yuan in margin.

5,000 yuan can be a lot in our place, because our company helped customers advance 15,000, so if the customer's funds are lost to a certain extent, we have the right to force the liquidation. ”

"You also know that the market is risky, and we have advanced funds for customers, so we must take a high risk, which is a safety measure. ”

Zhang Hua's explanation is reasonable, but Zhao Jiangchuan will believe that there is a ghost, and he has already guessed that Zhang Hua's funds here will not flow into the market nine times out of ten, and the so-called advance is simply a disguise.

However, Zhao Jiangchuan doesn't plan to say it, it doesn't matter to him whether the funds enter the market or not, the important thing is whether the money can be safely obtained is a big problem.

"So what are the specific implementation standards?"

"For example, if you pay a margin of 5,000 yuan from me, if the loss reaches 1,500 yuan, we will have to force the liquidation, is that clear?"

Zhao Jiangchuan nodded in understanding, and then asked, "Then how to ensure the safety of our funds?"

Zhang Hua smiled, because as long as Zhao Jiangchuan asked like this, he was basically sure that he was interested in doing it here.

For Zhang Hua, this is no different from meat being delivered to his mouth.

"In terms of funds, you can rest assured, we are a regular company, and we all have contracts, Xiaomei, take two copies of our company's contracts and show them to these two little brothers. ”

It didn't take long for Xiaomei, who had been sitting at the front desk as a vase, to twist her ass and take two contracts and come over.

When handing the contract to Zhao Jiangchuan and Mao Xiaowu, he also exposed his chest in front of the two of them intentionally or unintentionally.

That snow-white is so dazzling in this winter.

Zhao Jiangchuan touched his nose so that he didn't laugh, Xiaomei's skillful movements could see that she often did this, and nine times out of ten Zhang Hua deliberately explained.

Using female color to add a little psychological hint to customers, this Boss Zhang is not simple.

But Mao Xiaowu's reaction was much more interesting, and he lowered his head and didn't dare to look at Xiaomei's good-looking face.

But those eyes, like a thief, kept aiming at Xiaomei's exposed chest, making Xiaomei giggle.

The document is very formal, with various clauses marked on it in black and white, which are basically similar to what Zhang Hua described, and also contain various legal liabilities after breach of contract.

Zhao Jiangchuan just made a show and rolled his eyes a few times and put it down, this kind of thing is okay to fool a real rookie, where does he not know that these contracts are actually useless.

It's just that it is true that as Zhang Hua guessed, Zhao Jiangchuan has plans to trade here in Zhang Hua, firstly, this kind of place can hide his identity well, and secondly, if he increases the leverage, it will inevitably be higher than the return he expected earlier.

But in terms of funds, Zhao Jiangchuan is not very assured, with his old way, it is impossible to believe in Zhang Hua's character just by looking at a few useless documents and listening to a few nonsense words.

After pretending to flip through the contract, Zhao Jiangchuan suddenly asked: "Boss Zhang, do you want to do it here, will the funds enter?"

This kind of question that rookies can never ask makes Zhang Hua stunned.

Did you guess wrong?

However, Zhang Hua didn't think much about it, in his opinion, those who have been playing in the market for a few years are still losing money, and a young person can't change anything even if he understands a little.

What's more, the two little guys in front of them are students at a glance, and I am afraid that they have heard of the operation model of his advance company somewhere, so they have this kind of question.

After a pause, Zhang Hua showed the most sincere smile, and he said without concealment: "Don't enter the market, but in terms of capital, you can rest assured that doing this industry depends on credibility, otherwise my company would not be able to do so big, don't you say." ”