Chapter 560: Ultra-Short-term Price
There are still more than 230 million US dollars left in the investment amount for the international market, and Wang Nuo knows very well that he is still bullish on the yen in the medium term, and it is impossible for him to give up the operation of the yen market, because there is an information exchange channel on Dou Jiang's side, and the probability of making money is very high.
To take an additional $4.8 billion position, and to turn this kind of transaction into an actual transaction two months later, there is no doubt that a sum of money is needed, and this money can be made by Wang Nuo or ...... Let Tyrone out.
There are also various methods, and Green's suggestion is the same as Wang Nuo's idea, which is to take a certain amount of paper profit first, and then let the company borrow the money within 2 months.
In short, to get more manipulable money on the books is to expand the strategic defensive zone.
$230 million, if you open 10 times leverage, you can get the same position as $460 million with 5 times leverage, if ...... Push it dozens of times in an instant, and then the problem is big.
Whether it is Green Corner or Wang Nuo, they both belong to risk appetites, Green Corner has played a group of investors to death, and Wang Nuo is also a "knife at the beginning", how can they give up the opportunities that may exist?
If you really have an opportunity, and then you don't have enough money and strategic depth on your books, and finally the opportunity is lost, what kind of concept is it?
Taking the money and getting more money is the preliminary plan that Lujiao and Wang Nuo thought of together.
"Therefore, small institutions can't afford to support well-known investment teams, and everyone may pit the owner to death at any time. Wang Nuo immediately quietly lit a lamp for Tyrone International in his heart.
According to the normal procedure, even if the company helps Wang Nuo get funds, it is only a loan attribute, and the risk control side must definitely keep an eye on it, and the trading department is not allowed to let the money leverage too high.
However, who are Green Corner and Wang Nuo? It is Tyrone International that knows that they may want to do something, and does not dare not give the existence of "a chance to make trouble", 120 million US dollars, Tyrone International may be willing to bear the probability of loss, so that Wang Nuo or Green Corner are unhappy, or even choose to leave, but Tyrone International is unwilling to bear it.
When the money has arrived and the opportunity has appeared, Wang Nuo and Green Corner have approved a certain plan with extremely high risk and high yield, and the entire Tyrone International cannot pick out people with sufficient qualifications to oppose it, and the group of people in the research department are basically crushed.
At that time, either give face, or bet that Wang Nuo may make a mistake in the green corner, otherwise...... Don't hand over the money to Wang Nuo or Lujiao.
"Quote, sign, take the position tomorrow, as long as there is a little bit of paper gain, we can start high-frequency trading in the next two months, so that they become direct forward transactions," Green said calmly. ”
"The USD/EUR forward rate will soon be surging above 0.85, and we are really giving the choice to the other side. Jonas shrugged his shoulders and said, "If they can make a decision before the forward rate doesn't exceed 0.85, I'll throw in the towel." ”
"Two extremely confident foreigners. Wang Nuo thought with a wry smile.
What Jonas and Green mean is that they are offering a price of 0.85, which is higher than the current USD/EUR forward rate, but when the trader decides, the rate will be normal.
In other words, the two foreigners actually gave "the forward exchange rate when the transaction party makes a decision", and they calculated the most likely thing to happen first.
If the exchange reserve does not say much after seeing 0.85, and directly throws a forward exchange rate at that time, Jonas will say "I lost".
The confrontation in the trading process has already begun from this moment.
"Don't you need to let Oleno analyze it?" Wang Nuo asked.
"Come on, king, there is no need for thunder in such a thing. Green said exaggeratedly.
O'Reno is the person in charge of trading on the Green Corner team, and he is the strongest in terms of digital sensitivity, followed by Green and Jonas, who are missing one but think they are good enough to outperform the counterparty.
Wang Nuo has always been very clear about his advantages, he is not good at giving accurate prices, and he does not have rich experience, he has an honest pen, in fact, he is best at "processing".
Given ten or eight schemes, Wang Nuo can choose the most suitable one, and given accurate data, Wang Nuo can also make the numbers more accurate by cutting a certain variable with an honest pen.
However...... Now the honest pen can't be used lying down, what Wang Nuo can do is: look at the results of the confrontation between the Green Corner and the national regular army.
"0.85!" Wang Nuo suddenly smiled, looked at Green and Jonas, and said, "I'll report it now." ”
"Believe me, they need a certain amount of time to react, and when they do, we have the initiative. Green smiled confidently.
Wang Nuo was noncommittal, and sent an instruction to the person in charge of this list in the trading department, and after it was confirmed, it took effect immediately.
Yanjing, the Hui Chu Division, it was Dou Jiang who handed over the list to Tyrone International.
"The United States / Europe is 0.8490, which is more than ten basis points higher than the current forward price, and the price given by Tyrone International is ...... It's okay. Dou Jiang frowned slightly, and his brain teaser was running rapidly.
Forward trading, quotation methods and spot transactions are different, we also have to calculate the time cost, and it is also extremely important to judge the trend of the market.
Especially when your trade will cause the market to move slightly, the gross profit from the time the price is determined to the time the trade is completed must be higher than the cost of the transaction and the cost of timeline variables.
In the 2-month forward foreign exchange exchange rate, the United States / Europe now really does not have an accurate price, but the range is still there, roughly the institutions are using the 0.847-0.848 range to complete the transaction, depending on the size and direction of the order for fine-tuning.
The forward transaction of 4.8 billion US dollars is still a direct transaction, in the current market state, it is normal to require a space of more than ten basis points, so Dou Jiang subconsciously wanted to finalize the transaction directly, and what made him brake sharply was that his subordinates quickly gave the latest news.
"Section chief, Tyrone took on the price difference of 10 basis points, and according to the real situation, the price given by the other party's investment team was 0.85. ”
"0.85? They want to make our money!" Dou Jiang's brain was like electricity, and he figured everything out in a few seconds: "I'll just say, Wang Nuo is not the kind of person who doesn't even dare to try." ”
The relationship between Tyrone and the country, the financial regulator is actually clear, and what Dou Jiang can still know is that if their group of foreign exchange traders face drastic changes in the international market and need to gather all Chinese forces, Tyrone can be called a reserve.
Giving a price difference of 10 basis points is selling well, but the way is very rough, Dou Jiang is a kind of person, what he values is ability and win-win, and what he recognizes is the law of the jungle of survival of the fittest, and the cooperative agency is "too well-behaved", he thinks it is not a good thing.
Financial institutions without wolves, even if they are allies, can only engage in logistics at best.
If you don't mention conditions and don't focus on profits, what kind of finance are you playing? Go home and play in the mud.
"Is Wang Nuo going to play an ultra-short-term competition with me?" Dou Jiang was full of interest, and the whole person became excited.