"The offshore exchange rate of the US dollar against the yuan is 6.6085. "www.biquge.info The U.S. dollar exchange rate has risen, and other currencies have depreciated accordingly.

"The price of gold in New York." As the dollar rises, the same dollar can buy more gold, the same reason: "New York crude oil futures price 48.81." ”

The U.S. dollar index jumped once, and the number of 96.1305, coupled with the expectation of a rate hike and positive economic data, made market participants begin to look forward to the day when it will break 100.

“yes！” Lei Hao breathed a sigh of relief, the lack of information prevented him from participating in more and higher-level games, but it is clear that the Fed and major institutions collided with the results, and under the wash of economic data and market changes, they unveiled the answer in favor of the dollar's appreciation.

“yes！” Professor Frank is also optimistic about the Fed's push up interest rate hike expectations, but what he values more is that some of the economic data released today are completely within the narrow range delineated by Lei Hao, and he has verified them through various channels, which shows the correctness of the data.

"Ray, are we sure to increase our position at this time?" Leo's internal phone call reconfirmed the matter.

Originally, it was necessary to clear the position before the Federal Reserve interest rate meeting, and then Lei Hao began to withdraw after changing to the Federal Reserve's interest rate, that is, he began to sort out the chips today from the 16th, and the maximum speed of retreat will be reached at the high level on the 17th tomorrow, and finally the clearance was changed to an increase in positions, which are two different things.

"The book profit is there, our funds still have room to operate, and we don't have to worry too much about the risk of liquidation, why not add it?" Lei Hao watched the company's data beating, and knew that Leo was asking while carrying out the work, so he was in the mood to explain.

There are two different ways of operation, there is a credit line given by a large institution and there is no credit line given by a large institution, and there are two different capital operation schemes.

Lei Hao now has both, so there is no risk of liquidation, besides...... When the market volume can be released, it is a good time to advance and retreat.

"Okay, you have the final say." Leo shouted excitedly on the phone, he just followed the usual practice to ask when the market really moved, where would it mean to stop.

Today's Forest and Thunder are qualified to participate in more in-depth markets, such as the standard futures market, where the leverage of twenty or thirty times is considered to be the sky, so the operation of Thunder and LEI is more of a systematic participation in the inter-agency market and over-the-counter agreements.

Taking the dollar index as an example, 96.1305 minus 95.7326 equals 0.3979, an increase of 0.4%, and now the price of crude oil in New York is 48.81, regardless of factors other than the appreciation of the dollar, its original price should be 49.01 US dollars.

However, the price of oil before the appreciation of the dollar was 48.93, that is, the appreciation of the dollar should have a 0.4% pressure on the price of oil, but only formed a decline of nearly 0.25%, and the other 0.15% was caused by other factors, which is a variable positive with a 37.5% impact of the appreciation of the dollar.

What Lei Hao also knows is that after that, the impact of the dollar's appreciation will continue to deepen, perhaps 70%, 80%, 90% or even more than 100%, and some data can be obtained by calculating an account.

If Lei Hao holds all the oil contracts, the change in the dollar index will have an impact of 62.5%, if his cash and quota add up to 400 million, the leverage is 100 times, and the face value of the contract is 40 billion, an increase of 0.4%, which is 160 million, multiplied by a coefficient of 62.5%, exactly 100 million book profit.

The problem is that the contract is systematic, the position is structural, and the market is good, and LEI and Thunder exchange positions at cost, this linkage cannot reach a high coefficient, that is, in fact, the total value of the contract in Lei Hao's hand is 35 billion, and the linkage factor is about 50%, which means that there is an overall book profit of 70 million US dollars.

And people in the financial industry know that book profit is not profit, you retreat rhythmically, the timing is good, you can get more actual profit than the current book number, but now there are too many positions, no matter how good your rhythm is, it is difficult for you to complete the collective liquidation at a high level, and structural is always the mainstream.

Distributing the positions of the positions here, the people of Forest felt that it was a very risky thing, but under the command of Lei Hao, everyone still did not hesitate to put the funds into it.

Thanks to the abundant release of the market's volume, the remaining positions are relatively easy to build, and after finding a suitable counterparty, everyone quickly started trading.

Considering all kinds of factors, the company's funds and expected profits have an accurate position line, Lei Hao is not in a hurry, but the market is turbulent, and the sparks of large capital collisions are splashed into the regional market, and the wind and waves set off are enough to drown small institutions.

Frank is a consultant to Morgan Stanley, a professor at the University of Chicago's Booth School of Business, and he has the ability to leverage North American financial markets, especially ...... When his data is correct.

"Lei, my Chinese friend, we have come to a conclusion, and I will send it to you right away." It was not until the evening of the 16th that a signal came from Frank's side: "We verified the data you provided and came to the conclusion that you wanted, yes, if the other variables are stable and these numbers are determined, there should be an upward channel for the dollar......"

When Lei Hao received the call from Old Frank, he was also a little nervous in his heart, he was not 100% sure whether he could let the variables accumulate and explode at a certain point in time, but now things are obviously going well.

"So?" The position of Forest has been built, and Lei Hao hopes to hear the words from the professor's mouth.

"We can release this information, leverage the operation of the market, and there will be profits when there is change, and believe me, many institutions are willing to do it." Old Frank's tone was filled with a hint of helplessness, apparently he also saw a fragment of the future: "I don't know if I'm doing it right, I'm giving you arguments, but you and I know very well that we are making the market more volatile, remember, it's volatility, not up!" The upside is only the first half of the story. ”

"The theory of the UCB is to let the market solve these fluctuations on its own, isn't it?" Lei Hao stood up and hit the professor's g-spot with his words, "Chicago School of Economics, isn't it liberalization?" The market will always fluctuate, and people who have the ability to profit from these fluctuations are obviously correcting the mistakes of the market, professor, you and I are not wrong. ”

"Yes, none of us are wrong." Frank said with a smile.

The financial market is very sensitive to numbers, and as a well-known scholar, Professor Frank certainly knows what he is doing, and he is providing the capitalists like Lei Hao with a theoretical basis for leveraging the market, and it is a real and effective basis.

But the market is interconnected, and with Professor Frank's ability, he can certainly see what is hidden behind the data.

These things are real, but when he retrieved and investigated these figures, he also analyzed the future market, that is...... At this point, the market is bound to over-interpret these numbers, and the bulls will not rest on their laurels, resulting in an inverted V-shaped trend.

Capital wants to eat meat, Lei Hao's group of people will definitely force some high-leverage small funds to death, they earn other people's money, a back and forth strangulation represents a lot of profits, and the capitals must have this tacit understanding.

"It's a game of drumming and passing flowers." Lei Hao looked at the data beating on the computer screen, there was no sadness or joy in his heart, even if there was future information, he had the possibility of being strangled by others, since he had entered the financial circle, since he had carried out high-leverage operations, he should not complain about the market. (To be continued.) )