In European and American countries, the concept of the central bank is very clear, the exclusive privilege of currency issuance, the formulation of financial policies, the inter-bank clearing institutions, etc., are all the leading work in the financial field, known as "the issuing bank, the bank of the bank, the government's bank", is the central bank.

The Bank of England in the City of London is a typical and original central bank, and the main difference between it and the central bank of China is that it is a private bank, and the other is that it does not do what commercial banks do.

But on the most important financial attributes, the Bank of England and the Bank of China are identical. Although China's foreign exchange reserves in '94 were not large, it had the privilege of issuing trillions of dollars of money every year, and it was truly the central bank of a big country, and anyone could imagine tons of political and economic aid.

Therefore, when Su Cheng took the manager of the foreign exchange department of the Central Bank of China and introduced him to everyone as the contact person of the State Bank and Dahua Industrial, a group of foreigners who did not know the truth changed their eyes with shock and envy.

After a while, the expressions of the foreigners slowly turned to take it for granted.

In the eyes of Europeans who do not know the inside story, it seems normal for Far Eastern companies that can attract attention in the world's financial centers to receive support from the central banks of the countries of the Far East.

In the eyes of Europeans who know a little bit about the inside story, it seems normal for China's central bank, which is still doing commercial business, to become the main bank for Chinese enterprises.

As for the Europeans who know China very well...... It may exist in one corner of the world, but it will definitely not be in the futures trading floor of the City of London.

After just a few seconds, the greeting that greeted Sioux City suddenly became enthusiastic.

"Su Dong, our IFC still has a remaining seat, if you want to use it, just let me know. ”

"Su Dong, the price of coffee has also risen a lot, this year is a good time to invest in coffee, more than ten times the profit, please pay attention when you have time. ”

"Mr. Su, we are Lewis Financial Loan Company, with abundant funds, and we undertake ...... of guaranteed loans and credit loans."

Tian Dongliang also woke up from the confusion, and grabbed Su Cheng in surprise and asked, "Su Dong, what are you doing?"

"Introduce you to the gentlemen of the City of London, and come, and say hello. Sioux City waved his hand forward.

Tian Dongliang waved his hand stupidly, attracting a friendly smile in front of him, looking like a field of human flowers in bloom.

With his hand down, Tian Dongliang woke up from his cute state, and said in shock and anger: "Su Dong, you are too inauthentic, this is going to be known to the country, you have to pick up a layer of skin on me." No, no, I have to introduce it. ”

Su Cheng patted him lightly on the shoulder and said with a smile: "Are you the manager of the foreign exchange department of the Bank of China? You are also our contact person in the Bank of China? Or is Dahua Industrial not a customer of the Bank of China?"

"You're talking about central banks. "Tian Dongliang is a newcomer, and he was coaxed by Su Cheng, it's not that his IQ is not enough, and he immediately grasped the key.

Su Cheng said indifferently: "The Bank of China is both a commercial and a central bank, this is determined by its own business model, not by me, if you want to explain it to you, then explain it." ”

Just kidding, if Bank of China does not become a commercial bank itself, Dahua Industrial has no possibility of being a customer. This is clear even to foreigners.

However, even if it is exactly the same word, it will be said by different people on different occasions and at different times, and the effect will be different.

If Dahua Industrial is only a weak manufacturing company, or a strong pure manufacturing company, no one will regard the central bank or anything as its main bank. However, Dahua is an energy company, and it is a powerful energy company with a strong reputation, which is different.

Of the more than 200 countries and regions in the world, there are not many countries that can have a pure central bank like the Bank of England, the total number is far less than 100, and there is not a single country that does not support large domestic energy companies.

Even if we put it another way, the number of large energy companies without state support is very small.

Furthermore, if a large energy company can become bigger and stronger without state support, it will naturally be the national government to solicit it. Haliburton is an example of a multi-billion-dollar American company with branches in more than 180 countries around the world, which has voluntarily applied to relocate its headquarters to Dubai, and it is clear that expensive taxes and public relations costs are much more than it would take to bribe Arab sheikhs.

Tian Dongliang's English is acceptable, and he can win English awards in the banking system, but standing in the lobby of the London International Petroleum Exchange, Tian Dongliang is running out of words.

Forget it, just don't know what's going on.

Tian Dongliang bowed his head and made an ostrich, and he now understands that Su Cheng postponed the payment for more than half a month, which was the hush money given to him.

Su Cheng was so happy, as if showing off, he walked around Tian Dongliang, and finally stopped by the trading pool.

This is also the core and busiest place of the entire exchange.

In the trading pool around the circular column, dozens of traders shouted loudly, while stretching out their fingers, comparing various shapes, or five fingers with their palms facing outward, or palms facing inward to hit their faces, or thumbs down, or thumbs up, or fists, or pinching fingertips......

There are two people sitting on the high platform next to the trading pool, who act like moderators, monitoring the market and confirming trades.

Traders have electronic displays around their waists from which they can receive a variety of on-exchange or off-exchange instructions, and traders complete their orders through gestures and shouting.

Generally speaking, it only takes a few seconds for a transaction to be filled and confirmed, which is slower than electronic trading, but also much faster than people think.

The traders in the market are all masters and apprentices, craftsmen brought out from generation to generation, and they are very honest, if someone breaks the contract at the time, they can no longer find someone who is willing to trade with him, and the result can only be eliminated.

Tian Dongliang looked at it at once, and couldn't help but say in Chinese: "This is the open outcry of the London Exchange?"

"yes, have you seen it before?"

"There are also in the country, and there are also in the country. Tian Dongliang repeated it twice, staring at the bottom, as if he was afraid of disturbing them, and said in a low voice: "The exchanges in Suzhou, Zhengzhou, and Shanghai all use manual price shouting, but they are not so lively and ...... Specialized. ”

"Shouting in English and shouting in Chinese, it feels different, right?" Su Cheng was also surprised when he first came.

Even after 20 years, the trading method of manual shouting is still prevalent in the world's major exchanges, especially in financial news, whenever there is a change in stock prices and crude oil prices, there will always be a group of traders shouting and shouting on the TV screen as a background, which is simply childish and ridiculous for people who don't know why.

However, it is in such a trading pool of more than 100 square meters, groups of naïve and ridiculous traders who shout and scream like children, affecting the cost of living of most people around the world. Grain prices, feed prices, coffee prices, coal prices, steel prices, non-ferrous metal prices, and commodity prices all over the world are basically found in futures exchanges.

In the 21st century, even if you live in the mountains, you are not immune to the impact of the futures market. The first thing to consider is the price of grain, whether it is rice, wheat or soybeans and peanuts, their prices are found in futures trading, and all condiments are also made into financial derivatives, not to mention bulk fertilizers and feed, agricultural tools, cotton and wool textiles used to make clothes, wood, channel steel, and screws used to build houses. Even locally produced cement and bricks are actually affected by the cost of energy in production, and in transportation, often at speeds faster than people think.

In Tian Dongliang's eyes, witnessing the operation of the world economic bearing, he has his own understanding.

He quickly fell into the memory, and said with a smile: "The first time I saw a human bidding was when I was at school, watching the video. Internal video, I remember it was the NASDAQ in New York, USA, I didn't understand it at that time, everyone laughed, said anything, and then visited several domestic exchanges, and immediately noticed the difference, and now at the scene, I feel more profound. ”

Tian Dongliang has studied finance all his life, and at this time he was completely infected, and he couldn't help but say: "You look at the electronic screen above your head, it is the trader who first agrees on the transaction price and trading volume, and then knocks the data into the electronic system, and then displays it on the screen all over the world. ”

Sioux City changed from a tour guide to being a guide, and naturally turned around, pointed his hand forward, and said, "Milton, the tall and balding one is our trader, and he has been trading for us since two months ago." ”

"Dahua Industrial bought a seat?" "To enter the trading pool to trade, you first need a seat.

"The Pan Asia Fund rented one. Sioux City corrected it slightly.

"How much?" As soon as the words came out, Tian Dongliang said a little embarrassed: "Professional habits, you don't have to worry about me." ”

"It's not a secret, the rent is about $10,000 a month. ”

Tian Dongliang was surprised and said: "It seems to be quite cheap, and it costs 10,000 or 20,000 yuan to rent a seat in China." What about buying one?"

"Crude oil seats are more expensive, more than $2 million. Coffee futures are also very hot now, it is said that Brazil's coffee production has been reduced, the seat is about 300,000 US dollars, but the rent is only 1,000 US dollars a month. Metals and sugar are cheaper, about $150,000. What about China?" Sioux City is also a casual price, Pan Asia Fund does not need to be stationed on the exchange for a long time, and it is more convenient to rent a seat than to buy a seat.

Tian Dongliang works in the Bank of China, and the people he deals with every day are insiders, and he said casually: "The domestic futures exchange seat can not be bought and sold, only can be applied, the cost is about 600,000 yuan, the individual is not, it must be a futures company or a large spot dealer, by the way, this year's copper futures are very popular, the copper price has risen from more than 20,000 to more than 30,000, and the seat price seems to have reached more than 10 million yuan." ”

"The price of copper. Su Cheng touched his head, he had no concept of this kind of information at all, if he knew the news, the price would rise by 50, not to mention that he could make ten times the profit, and it would not be too much for a businessman with a relatively small plate to ascend to the sky in one step.

However, at the scale of Dahua Industrial, that is, a few trading pools such as crude oil can accommodate its whole body.

Tian Dongliang quickly focused his attention on the balding and tall Milton.

There is a group of traders around this guy, and I saw his two hands flying in the air, from left to right, and from right to left to respond to other traders, but whenever the other party hesitated, he would quickly skip and trade with another trader first.

That action reminded Tian Dongliang of a one-to-many chess game - the master parades around the field, and every time he arrives in front of a chessboard, he will move chess without thinking, and on the other side of the chessboard, there is another meditative chess player in the background.

"He's constantly selling short?" Tian Dongliang could see the movements in his hands.

Su Cheng nodded and said, "The money we prepared is used here." ”

"This guy looks like a whale, there are less than 20 people across from him, that's dozens of companies?"

"There are customers behind the company. Sioux nodded again.

Tian Dongliang gasped: "You are going against half of the market. ”

"You already knew. Su Cheng said with a smile and said: "However, it is still clear in the artificial bidding market, there are more than 20 traders opposite a trader, and more than 20 traders are playing soy sauce, and the support rate of the long and short sides is immediately shown." ”

Tian Dongliang looked blankly at the crowd in the trading pool, Milton was energetic like a vulture, he kept selling crude oil, August, September, October, people couldn't see the point, just concentrate for five minutes, you will feel low energy, Tian Dongliang can hardly imagine how these traders have persevered day by day.

He tilted his head, just in time to see Su Cheng's focused gaze, and couldn't help asking, "Why did you bring me here?"

"I originally wanted to write a report by myself, but I happened to meet Manager Tian, with your education and work background, it seems to be more appropriate than me. Su Cheng rubbed his chin and said with a smile: "I won't ask to see your report, nor will I ask you to write anything, as long as it includes our work in London." ”

After a pause, Su Cheng glanced at Tian Dongliang's eyes and said, "If there is no accident, not only at the ministry level, but also at the State Council level, will also be interested in this news, how about it? If you are willing, I will send someone to accompany you for an inspection." ”

"Can you write anything?"

"As long as it's true, you can write anything. "Su Cheng has no intention of changing nationality, and his company will not change nationality, and as a Chinese and Chinese company, the biggest constant is imperfect law, the best dividend is also imperfect law, the internal trading in the international futures market is absolutely unrelated to illegal for Dahua Industrial, and foreign courts want to prosecute, it is an ultra-low success rate."

Tian Dongliang was excited.

……