Chapter 662: It Must Be Correct
Generally speaking, the trading department is of course doing the trading work, but there are some things that the trading department is not only responsible for. Pen "Fun" Pavilion www.biquge.info
For example, in this operation, many of SHIBOR transactions are the affairs of the fixed income department, and Xia Yibei's money market fund is buying and selling related products, and the trading department is responsible for the last trembling.
There are also Xiang Yongze's futures operations and Tao Liyu's various transactions, all of which are almost done, and send a document to the trading department to let Zhao Lichen complete the final steps.
What does that mean now? The company may need to take a detour to collect chips, which is a lot more work, and a lot of it is tedious work, and all these things are lost to the trading department.
Zhao Lichen has the heart to die, similar work belongs to doing it well, and if it can't be done, it is the existence of the blame, he is stupid to follow.
"It's originally the job of the trading department, and if there are not enough traders, we will recruit them." Lei Hao looked at Zhao Lichen's "face like ashes", and opened his mouth to count.
"I'll do it." Zhao Lichen replied, originally a little depressed, but when he looked at it more seriously, he discovered the mystery of this matter.
It's pressure, it's a test, it's a motivation.
Zhao Lichen's own qualifications are not enough to be in charge of the trading department, for a period of time, with everyone's care, it can still last, but now the company's situation must be able to go up and down, so if he does a good job and collects and integrates the trading department, then the position of director will continue to do.
If things go wrong in the link that Zhao Lichen is responsible for, Xiang Yongze's group of people must do something, director, you can continue to do it, but the trading department may need a general manager.
Lei Hao also saw this, from the perspective of personal feelings, Zhao Lichen followed him during the Yingyi period, of course he wanted to promote the other party; From the perspective of the company's development, if Zhao Lichen is not capable enough, continuing to let him manage the trading department is like roasting him on a fire.
"As soon as I come back, I will fight openly and secretly." Lei Hao sighed in his heart, but he also knew that these things were inevitable, and Xiang Yongze adopted this way of issuing exam papers, which was already a great way to give the boss face.
"The analysis has not been done yet, the conclusion has not yet come out, is it too urgent to assign tasks now." Lei Hao made a joke.
There was a burst of laughter in the room.
In the end, Yu Rong opened his mouth and came to a conclusion, saying: "We believe that the data of SHIBOR will not exceed 7% regardless of that period, and will probably hover between 6.5% and 7%, provided that it is ......."
"If only we don't participate." Xiang Yongze said a very confident word.
"Yes, Thunder has direct access to the interbank lending market." Xia Yibei is the most excited person.
Lei Hao nodded, with the company's current research and analysis capabilities, after focusing on shibor, it also came up with a figure of 6.5%-7%, and other institutions in the industry believe that it is not much worse.
However, no one should have imagined that the central bank would tend not to intervene!
This is the key point, who comes out to clean up the situation every time there is a shortage of money? The answer is only the central bank, China's big central mother.
Just like a child has no pocket money, every time Yang Ma takes out a few cents for everyone, it is hard to imagine that the anger accumulated in Yang Ma's heart has reached a critical point, and she wants to smoke the ass of this group of disobedient "sons" and let everyone bear a liquidity risk.
Lei Hao knew this.
"SHIBOR will break 10%! Under the premise that the central bank does not make a move, it will inevitably break ten! It could even be 15%, 20%. Lei Hao expressed his opinion.
There was silence in the conference room.
Everyone did not refute it for the first time, first, Lei Hao's past achievements supported all his views, and second, the premise that Lei Hao's conclusions came true was that the central bank did not act.
"There is an obvious liquidity shortage, and it is impossible for the central bank not to intervene." Xiang Yongze frowned.
Yu Rong and the others also couldn't believe it.
"There was a financial crisis in Russia, and it was also because of the soaring interbank lending rate, liquidity risk caused a systemic crisis, and finally the index fluctuated too much, and a group of people lost a lot." Yu Rongdao
"China's central bank has a lot of means for financial institutions to pay attention to risk control, saving liquidity and allowing banks to bear a risk, which is the last means." Tao Liyu said: "Under the increasing pressure of the US dollar, there will be a possibility of temporary blood shortage in the mainland itself. ”
"If SHIBOR soars too much, the interest rate of bank wealth management products will inevitably rise, and there is a risk that money market funds will be over-redeemed, which will make it difficult for us to do." Xia Yibei was worried, but still said: "Of course, the obvious risk is there, I am ready, and Thunder will not have an accident." ”
Everyone expressed their opinions, but when Lei Hao said that "the central bank will not act", everyone began to lose confidence in their hearts.
Who is Lei Hao? This time he said that the central bank did not make a move, so in everyone's mind, the probability of the central bank falling directly from 99% to less than 50%.
If so, it's hilarious.
The regulator wants to beat the ass of financial institutions, let banks and other institutions take a risk, and use market behavior to force the "sons" to consciously deleverage.
Then the periphery is that the pressure of dollar appreciation increases, QE is canceled and cannot be implemented, European bonds naturally have to kneel, the Asia-Pacific side should pay attention to liquidity problems, and various emerging economies will also face challenges, and everything is connected, and the outline of the financial market appears.
Of course, these are only current analyses and tentative conclusions, and there are so many variables that any change will have a ripple effect, and what financial institutions need to do is to make profits or maintain asset value in these changes.
From the beginning of the business, Thunder's style is crazy unilateral hedging, and the practice of not wanting to die makes everyone inside and outside frightened, and the undefeated record gives the company the right to speak.
"What can we do if the central bank doesn't intervene?"
"If the central bank doesn't intervene, there's a lot we can do."
"If the central bank doesn't intervene, we can win!"
"Stock market, futures, foreign exchange market...... The most important thing is that SHIBOR and forward rate agreements, CFD and other contract hedging, can be the target! ”
Everyone in the conference room had different thoughts, first subconsciously analyzing the possibility of the central bank not making a move, then outlining the outline of the financial market after this variable became a definite amount, and finally thinking of where the profits were, they couldn't help but swallow their saliva.
For the current Thunder, small changes are big profit points, not to mention this kind of thing that may cause SHIBOR to fluctuate violently, and Thunder has enough channels and strength to hedge, provided that ......
Lei Hao's point of view must be correct!