Chapter 388: Yacht Conspiracy (2)

"What?"

Because he was too shocked, Jiang Shan was a little unfavorable when he spoke, and stammered, "Unexpectedly...... How can you do so much? ”

The original amount of $10 million was just his words. Because in his opinion, it is quite incredible to be able to have such a large income. But now that the other party has increased this amount by five times all at once, how can this not shock him?

The other party's power to manipulate the market seemed to be above his expectations, he thought secretly in his heart.

"Hey, hey, hey......"

Seeing Jiang Shan so out of shape, the two couldn't help but feel a burst of amusement. It's just Tom. Hayes just smiled slightly, and Tom. Redford couldn't help but laugh out loud.

"Mr. Jiang, maybe you know how we operate the market, but you don't know how big our profits are."

After laughing for a while, Tom. Redford then explained, "Generally speaking, we operate on interest rates according to the size and length of time of the funds. If we had a five-year currency swap of $1 billion, then we would manipulate the interest rate at 10 basis points and make a total profit of about $5 million. And now you have a whopping $20 billion in money, and even if we don't manipulate interest rates of more than 10 basis points, we can make a solid profit of $50 million. ”

"So much?"

Jiang Shan's face changed again, and he said with some shock, "If this is the case, according to the total scale of currency swaps in the entire world, haven't you already reached a net worth of tens of billions of dollars?" ”

"How can there be so many?"

This time it's "Rain Man" Tom. Hayes explained, "If the world's currency swaps had passed through my hands, maybe I could have made the numbers you are talking about." But in fact, the total size of currency swaps that can pass through my hands is pitifully small, and it is not possible to make a lot of money at all, so what you are talking about is only a hypothetical situation. ”

"And, because we have limited influence on interest rate markets, we're also unlikely to go around evangelizing that impact. Many times currency swap people are simply unaware that we exist. This has resulted in the loss of a large number of customers. ”

"The most important thing is that all we can influence is the dollar interest rate in London, which is the dollar in Europe. A large part of the world's dollar, in fact, the interest rate is determined by the Federal Reserve. The size of the dollar in our circle is only a very small part. In this way, the so-called super-rich is very ridiculous. ”

"Hehe, that's what you said!"

Jiang Shan touched his chin and said with some sighs, "If I hadn't gotten this news from my Middle Eastern friends this time, I wouldn't have known that there was such a good way to make money in this world!" ”

"It's nature!"

When he heard him talk about Middle Easterners, Tom . Redford smiled hesitantly, "The Eurodollar market was originally developed by the Middle Easterners, and even now, it is dominated by their funds. It can be said that if it were not for the desert oil tycoons, the market would have been developed many years later than it is now. ”

In the country to Tom. In Redford's explanation, he listened to the advice of his partners in the Middle East, so he came to the door. For this, whether it is "Rain Man" Tom. Hayes or Tom. Redford, none of them doubted. Because they are a group, they have handled a lot of currency swaps for those tycoons in the Middle East.

Because of historical reasons, the oil countries of the Middle East have accumulated a large amount of foreign exchange in US dollars, and some of this money has been invested in the US treasury market, and on the other hand, it has flowed into Europe. Soon these funds formed another dollar market in addition to the United States, which became the Eurodollar market.

With the development of the Eurodollar market, the LIBOR market has gradually formed.

"There's a problem!"

After pondering for a long time, Jiang Shan suddenly said, "I want to know, to the best of your ability, how much profit can be made from this transaction?" I mean, how much profit can you make including your commissions? ”

"What do you mean by that?"

Tom. Redford's face changed, and he said unhappily, "Why, don't you believe in our professional ethics?" You know, you set the price first. ”

Tom. Hayes didn't speak, but his eyes flickered visibly, and it was clear that he had an idea in his heart.

"Professional ethics?"

Jiang Shan sneered, since he tore his face, he simply picked out directly, "What kind of professional ethics are you telling me?" You know, everyone is doing something unseemly, so don't tell me anything about professional ethics. Besides, I'm not one of those stupid Middle Easterners, I won't be sold by you and help you count the money! Therefore, everyone is not bothered to directly make it clear that how much profit can you earn through operation? ”

"Good, good, good!"

Unexpectedly, "Rain Man" Tom. Hayes didn't laugh angrily, and even applauded at Jiang Shan, "Mr. Jiang, you really have great courage." You must know that among the people who have traded with us, you are the first to make such a condition. ”

"You're right, those Middle Easterners are stupid. Every time we make a deal, we ask for the amount we want, and we don't ask how much we can get. So for every transaction, our team is able to get a profit that far exceeds their share. What makes people laugh and cry is that even so, they don't realize it, and they come to us respectfully every time. ”

"Rain Man, how did you say all this?"

Tom on the side. Redford couldn't help but be a little anxious, and blurted out, "In this way, our biggest hole cards will be exposed in front of others!" ”

"It's okay!"

"Rain Man" Tom. Hayes waved his hand at the other side and explained, "Even though the Middle Easterners do a lot of business, they are hundreds of millions to billions of dollars at a time, and the benefits are pitiful compared to the risks we face." So even if they make such a request, we will not be able to agree to them. ”

But for this Mr. Jiang, the whole situation is different. You know, $20 billion is more than all the things we've dealt with before, and it's a lot more. So in this case, the best way we can approach this deal is to sit down and talk about it with the utmost sincerity. This is not only fair to both parties, but also allows for a good long-term relationship. Do you say, Mr. Jiang? ”

Turned out to be for Tom. Hayes, for his part, is more than just this deal. You must know that with the rapid growth of China's economy, their actions in the international market will become bigger and bigger. Similar transactions will be repeated in London's financial markets in the future, and if this opportunity can be seized, the current loss will soon be recouped.

Savvy Tom. Hayes, apparently, is not willing to miss such an opportunity. In order to be able to win over the line and open up the market of Huaxia customers, he did not hesitate to open the core secret of his team, that is, how much interest difference can be earned in the whole transaction.

"Well...... this"

After hesitating for a moment, Jiang Shan finally nodded, "As Mr. Hayes said, money is endless. Although we don't care about the gains and losses this time, we also don't want to be fools who are teased. If Mr. Hayes could think so, it would be for the best. Only a business built on sincerity can last a long time. ”

The other party released kindness, and he naturally couldn't be stingy. Although it is very vague, it also clearly gives the implication that this time the business will definitely not be the last.

"Good!"

Tom. Hayes clapped his hands and said, "Since that's the case, then I won't hide it anymore." According to our preliminary estimates, the total profit that can be made from this currency swap trade should be around $100 million, barring any surprises! ”

"What?"

Suddenly, a wave of anger rose from Jiang Shan's chest, and it reached his throat in an instant. However, he didn't choose to break out, because both parties had said before that they would treat each other sincerely, and now it was a bit too ungraceful to turn their faces. As a last resort, he suppressed this anger again, but then his face was very unnatural.

"Make a profit of $100 million, and you only want to give us half of the money?" He tried to make a calm expression and asked in a tone that he thought was polite.

It's just that what Jiang Shan didn't expect was that his face was extremely distorted, and there was no sign of "calm" at all. At least for the two people opposite, the face was full of hideousness and anger, and it was almost a flare-up.

"Calm down, Mr. Jiang!"

Tom. Redford hurriedly persuaded, "Calm down, these things were not within the scope of our cooperation. Besides, $100 million is just a theoretical maximum. In fact, it is far from so much to deal with, and we have to judge how much room for operation there is according to the actual situation. ”

"Not bad!"

Tom. Hayes followed suit, "Based on the previous deal with the Middle Easterners, we could make up to $100 million in profit from this deal." However, the $20 billion currency swap, unlike those hundreds of millions or billions of transactions, can easily become the focus of the market and receive great attention from regulators. In this way, there is not so much room for operation, and we have to assess the associated risks before we can determine the total amount of profit. ”

"But at least fifty million dollars is still there, isn't it?"

Jiang Shan still looked angry, but he didn't lose his mind, but calmly analyzed, "If you don't have so much money, then you can't promise me so much." ”

"Indeed!"

Tom. Hayes admits freely, "Even the most conservative estimates are that we should be able to make a profit of 70 million to 80 million dollars." Except for the 50 million dollars given to you, the rest is ours. At least until I confess to you, I think this distribution is appropriate. Mr. Jiang, what do you think? ”

"This ......"

Jiang Shan was speechless all of a sudden.

Originally, the reason for his anger was that the other party was able to earn a profit of 100 million US dollars, but only shared 50 million US dollars of his own, and this distribution ratio made him extremely unhappy. You must know that these guys just collude and take half of the profits, which is no different from robbery. But now according to Tom. What Hayes said didn't seem to be the case, which made him a little embarrassed.

However, Jiang Shan's face was also thick-skinned, and after a little embarrassment for a moment, his face quickly turned as usual, "Mr. Hayes, should we seriously discuss the proportion of shares between the two of us?" ”

"Of course!"

Tom. "For the sake of our long-term cooperation, I have decided that this time our team will only take 20% of the profits, and the rest will be yours." With such a ratio, I don't know if Mr. Jiang is satisfied or not? ”

"What?"

Without waiting for an answer, Tom. Redford was shocked and said, "Rain man, isn't this ratio too high?" You know, we don't make much more money than those trades! ”

"I agree with the ratio!"

I'm afraid of Tom. Hayes changed his mind, and Jiang Shan replied without thinking, "That's it!" ”

In order to avoid long nights and dreams, he directly agreed. According to his analysis, if he finally made a total profit of $100 million, he would have made a profit of $80 million, which was far more than the previous $50 million. (To be continued.) )