378. Joint Plate Making (Five Shifts Completed)
"Watanabe, there is no problem with our joint trading, let me state first, now my power in the bank can use a small amount of funds!" At this time, the representative of Toei Ashikaga Bank said, the scale of funds he can use in the bank is indeed not large, but he can also use leverage. As long as he finds an excuse for financing and borrowing, he can get the funds out without any problems in the short term.
"Watanabe, if we want to participate in the foreign exchange market, do we have to raise funds into a hedge fund company? This way we are safer, and the risk of us being found out in the future is also very small!" also suggested a representative of Chiba Bank
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"It's okay for Watanabe to make a joint deal, but I want to know how the profits will be divided at that time?" asked a representative of Toei 82 Bank
They're in high spirits, and they often do this kind of thing behind the scenes of the bank.
ยทโ Watanabe, it's okay to make a deal, but where to find the right trader, such a big money operation! I think it's better to find a team! It must be trustworthy! Don't be like Yamada!" Murai of Yamato Bank said immediately.
With Yamada's experience, everyone was scared of the pit, and it was said that no one thought of Yamada's guy, and in the end everyone would be dragged into the water together.
"Yes, you must be careful in the selection of traders this time!" said a representative of Fuji Bank
"I have a good referee, Jiro Yasuda, our star trader at Fuji Bank!"
"Why did you let that Jiro Yasuda from your bank come!"
"It's a Yamada again!"
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Everyone started talking, and everyone expressed their opinions.
Choosing a trader is not a trivial matter, after all, the foreign exchange market is ever-changing, extremely risky, volatile, the foreign exchange market is the largest financial trading market in the world, the daily trading volume is trillions of dollars, its scale has far exceeded stocks, Futures and other financial commodity markets, the scale of wealth transfer is getting bigger and bigger, and the speed is getting faster and faster, and it is not necessary to say that it is possible to do a good job in foreign exchange trading, which requires a strong ability to control the disk, and in the face of many top traders in the world, Yamada is indeed a very good trader, who has made a lot of money in stocks, futures, and bonds, and has made a lot of money in the foreign exchange market, but in the end he fell in the foreign exchange market.
It is precisely because of their excessive trust in Yamada that they have led to today's situation, and they are full of bags.
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When everyone was almost done, Watanabe spoke again
"For everyone's worries and doubts, we can discuss together, I have a few good proposals!"
"First, I propose that each bank have a trader and form a team!"
"Second, we put these funds into hedge funds and participate in the foreign exchange market through hedge funds. โ
"Thirdly, if the profit is shared, it will be divided according to the proportion of each bank's capital contribution, but I propose that everyone share it equally!"
Fourth, ยทยทยทยทยทยทยทยทยทยทยทยทยทยท"
Watanabe made a targeted suggestion, and finally said, "If you still have any concerns, just say it!"
"Watanabe, how much leverage do we use?" Murai said the question, after all, the higher the leverage, the greater the risk.
This joint market is not necessarily a steady way to make money.
He secretly said in his heart: "This group of fools, do you really think that the foreign exchange market is Dongying's domestic stocks, bonds, and futures?
"How about 100 times?" Watanabe said after a moment's thought.
Watanabe said this, and everyone was shocked
"Watanabe, isn't that too high?"
"yes, 100 times is really high!"
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Watanabe sneered and said, "Then how much money can you get out of your own bank?"
"With a hundredfold of words, you can get a lot less money out, so that it is within your power!"
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After listening to it, everyone also felt that it was very reasonable, if you use 100 times leverage, you can get half of the money less, so that you will be found out a lot less risk.
"Watanabe, let's do it then!"
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After watching everyone agree, Watanabe immediately said, "Okay, this time we will go long 5 million lots of USD/JPY and try to blow up those bears!"
"Also, I can remind you that the government pension investment fund is also doing long USD/JPY! And it is also doing ultra-long-term, we can do short-term operations this time, make a wave of money, and we will withdraw!"
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Hiss!!
When everyone heard Watanabe's words, they were immediately shocked, but they didn't expect that the government pension investment fund was also long USD/JPY.
Now with this powerful partner, everyone is very relieved.
"Watanabe, are you sure ????" asked Murai with a look of incredulity
This is big news, Dongying Government Pension Investment Fund has quietly participated.
It seems that with this wave of USD/JPY rally, they should have made a lot of money!
"Watanabe, is your news true???
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Watanabe sneered at the corner of his mouth, and did not answer everyone directly, but said, "Are you going to do it or not this time?"
"It's done!!! This time, with the Dongying Government Pension Investment Fund behind it, what are we afraid of!"
"Watanabe!
"It's done!"
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At this moment, Yamamoto looked at the trend of USD/JPY and took a deep breath, in recent days, he has been building positions to support the trend of USD/JPY, but USD/JPY has been severely suppressed every time, and he can't rush up to the 107.000 position.
It makes Yamamoto very uneasy, and now the fundamentals, various economic data are still supporting the strength of USD/JPY, but there are too many sellers in the market at the moment, and those long-term bulls are also closing their positions.
Yamamoto sighed slightly: "It seems that the USD/JPY is about to reach a big peak in the short term! This time, there are also powerful people who deliberately smash the market above 107.000!"
"Now the bullish power of USD/JPY is almost exhausted, and that guy is here, sooner or later USD/JPY will be smashed by him by a few hundred points, it seems that I am ready to start retreating!
After thinking about it, Yamamoto made a decision!