People who speculate in foreign exchange know that there is a thing called overnight fee, which is actually interest. Pen % fun % Pavilion www.biquge.info

If the swap rate is 3.65% and you are involved in borrowing funds for a position overnight, you have to pay 0.01% a day, and ...... It is charged according to the face value of the contract.

In foreign exchange trading platforms, overnight fees are an important source of profits, and large institutions also have these things.

I only have $1 million, I bought something with this 1 million, I opened an extra leverage, bought more than $1 million, held the position overnight, I need to pay interest on the $1 million loaned, why do large financial institutions make money, because they are already making crazy money in this field.

According to the amount of funds in Asia Financial Investment, the position you need to borrow funds is 20 billion US dollars, and you have to pay 2 million US dollars for 1/10,000 per day.

From the perspective of profits, if you use 20 billion leverage and make less than 2 million yuan, at the interest rate level of 3.65%, you will lose money, and the extra 2 million is the money earned.

In the same way, futures, stocks, bonds, and other things work in this way.

However, due to the large plate of Asian Financial Investment, it can enjoy preferential treatment in terms of borrowing funds.

For example, if a bank has a deposit, the interest cost is 1% per annum, and the market generally gives an overnight lending rate of 2%.

What is the average interest rate that Asia Financial Investment gets from its partner institutions? Recently, the overnight lending rate in the international market fluctuated at 0.5%-1.5%, and the Asia-Pacific market was higher, fluctuating around 2.5%, but there was no shortage of money.

Then the situation is very clear, the board of directors is throwing the blame, and it stands to reason that if they don't want to delegate power, they should not reject the plan of the investment department, but pass it directly.

Only by rejecting the plans of the investment department, which has caused a practical mistake, can the board of directors have an excuse to delegate power to the investment department, or rather, ...... Shareholders come out to stop it? Then this becomes a contradiction between the shareholders' meeting and the investment department, and the board of directors withdraws.

Although the premise of everything is that the investment department led by Lei Hao must make money, does anyone doubt this? In the low-risk field, the Chinese tiger and financial wizard Lei Haolei 100 billion, if he can't make money, then he is not worthy of letting the board of directors delegate power, and the situation will become clear again.

On January 29, after the directors with strange thoughts such as Rui rejected the request of the investment department, the dollar index began to fluctuate downward, slowly falling from 99.1157 to 99.1142, and at 12 o'clock, the dollar index remained around 99.1140.

17 basis points, of course, is higher than the cost, that is, the board of directors of the Asian Financial Investment Corporation is wrong to reject the plan of the investment department.

On January 30, Lei Hao did not submit the plan again, but accompanied the board of directors to watch the dollar index fall to 99.1133 in silence.

On January 31, at 99.1108, the decline of the US dollar was obvious, and the Asian Financial Investment did not use leverage, and it was impossible to talk about the lack of energy.

After a few days, Lei Hao had nothing to do at all, so he met with the board members of Thunder every day, and it was quite a kind of meaning that Yajin Tou was fine, and he would return to Thunder.

At this moment, it was the turn of the shareholders of Yajintou to sit on the wax, and they didn't even think that the board of directors would turn back so quickly, and Rui's group of people stabbed them.

The board of directors of Yajintou was originally a thing that the shareholders introduced to restrict Lei Hao, but the wronged thing about Rui and these people is that they don't know that Lei Hao will take over Yajintou, whether there is Lei Hao or not, it is a different matter for them.

Without Lei Hao, it would be quite difficult for you to get this group of board members who have the heart to develop the idea of supporting the shareholders, that is, the cooperative financial institutions.

I did a good job in Yajintou, and I have a glorious stroke on my resume, and if I don't do well here, I must be behind it, so ...... I'm definitely going to dump the pot, brother won't play with you.

The wonderful thing is that the board of directors and Lei Hao have formed a tacit understanding, and Lei Hao will definitely not allow HSBC and Keda to change the board members, so ...... He actually won.

On February 1, at the time when the US dollar index was declining one after another, the shareholders' meeting of the Asian Financial Investment temporarily handed over all the rights of the investment department to the investment director, so that Lei Hao could bypass the board of directors in some areas and be directly responsible to shareholders, that is, delegate power.

Things suddenly moved to another point.

"Recently, the euro and the dollar have been fighting fiercely, and in the final analysis, as long as the timing is right, institutions such as Keda and HSBC are not without the desire to attack the dollar." Turning over the data of the recent period, the entry point of Lei Hao's analysis market began to jump out of the Asia-Pacific region and cover the entire international scope.

The Chinese say that the United States is targeting itself, but in reality, Uncle Sam's number one enemy in the financial markets is the European Union.

To take the simplest example, Iraq once announced that oil would be settled in euros and then ...... There was no more, the US missiles hit the past, the army drove in, the newly supported government announced that it would return to the method of settling in dollars, Europe was stuck in the throat, and European and American financial institutions almost turned their faces completely.

The Asia-Pacific region is the second enemy of the United States and a strategic area for Europe to contain the United States, so there will be Asian financial investment, so when China's foreign exchange reserves reduced their holdings of U.S. Treasury bonds by nearly $200 billion last year, ordinary people will be surprised to find that Britain has reduced its holdings by more than 200 billion.

There is still a difference between Europe and the United States, Europe and the United States, and in the financial field, the two are mortal rivals and can find some fun for the United States, while Europe is absolutely raising its hands and feet in favor, and China and even the Asia-Pacific region can only be regarded as just emerging from the cracks.

Lei Hao looked at Thunder's analysis report and recognized the statement that China's readjustment of the structure of foreign reserves and the reduction of dollar assets are far inferior to those in Europe.

Therefore, the sudden dumping of the board of directors of Yajin Investment was unexpected, but Lei Hao was very sure that the shareholders would not have any opinions, because ...... The ceiling is in their hands.

"If Yajin Investment wants to use leverage, it must go through the channels of Keda, HSBC, Standard Chartered and other institutions, that is, even if the power is delegated, they will not lose the right to close the valve for me." Lei Hao was very sober-minded: "Then, what I have to do now is to try how high the leverage the other party allows Yajin to use." ”

"The world's daily transactions involving the US dollar are as high as trillions, but most of them are rigid, and the soft transactions support four or five hundred billion, and the amount I need is not large.

"So...... Leave the Asia-Pacific region to Asia Financial Investment, and Thunder's funds will go directly to North America at that time! The fog shrouded in front was gradually cleared out, and Lei Hao felt that things were slowly returning to control.