Chapter 22: Shorting Germany (2)

Looking at the back of William walking out of the box, Contini complained to Antonio: "This agent has more words, and there seems to be a problem with the service attitude, can you change it?" ”

Antonio shook his head: "This is an agent who has always been in contact with the family, although he looks like he talks a lot, but the actual tone is very tight, I have investigated, he has never disclosed customer secrets, the reason why he said so many things, in fact, is just to remind us." Besides, he has good ability and loyalty, and the orders you ask him to place are better than the conditions of the commission after he finishes it, which is very valuable......"

"What do you mean by that?" After all, Contini grew up in the age of electronic trading, and he did not understand the mysteries of the artificial age, so he humbly asked for advice.

"For example, just now you set the commission price of 4100, he came down to 4085, a full discount of 15 marks, if he is black-hearted, he can collude with the other party's broker, use 4100 to place an order, actually only charge the other party 4085, take advantage of the two customers may not be able to know that there is a difference between the two entrusted prices, and then share the spoils with each other - on the surface, they have strictly implemented the customer's entrustment."

Contini was shocked, this matter of eating the price difference is really possible, because the customer is not face-to-face trading, and is inherently opaque, and hurriedly asked: "Many people do this?" Exchanges don't care? ”

"Tube! How can we ignore this kind of thing that greatly damages goodwill? But discipline is one thing, reality is another, things are very complicated, especially when the market is one-sided, it is not easy to find out if you do something. Antonio smiled, "The order just now was wiped out when it rose to 4000, you will only think that you are unlucky, do you still care if it is 4100 or 4085 short?" After all, no matter what the price, it will all be zero by 4000. ”

Contini suddenly realized: "I see, it seems that you have more experience than me, or ......"

Antonio shook his head: "I know the details of the operation, but I may not understand the trend, the master said that you are fully responsible, I will not interfere, you can do what you want, and I will only intervene when I have to." But it's still a long time before that, you have a promissory note of 3 billion marks, worth nearly $700,000, and you've spent less than $6,000, which isn't even a fraction. ”

"Actually, it's not just 700,000, it's 750,000." Contini smiled slightly, "I also brought another $50,000 bank check." ”

Antonio wondered: "Where did the 50,000 come from?" ”

"I made more than 500,000 lire from speculation last time, and even the principal amounted to almost 700,000 yuan, and I left more than 100,000 yuan for the newspaper as funds, and the remaining 600,000 yuan was exchanged for 30,000 dollars, and the other 20,000 dollars were for Potty's...... He heard that I was going to come to Germany to speculate, so he took 400,000 li to join in the fun, adding up to a total of 50,000 yuan. ”

The newspaper "Youth Daily" is now a strange existence, hanging under the Youth Alliance, and the specific officers and office staff are all members of the alliance, but it relies on other sources of funding to maintain its operation, and the rights and responsibilities are very unclear, and Contini knows this, but it really can't be too clear now. Because the newspaper itself does not make money and still needs money, it is really a self-financing operating organization to ensure that it will immediately lose money and go out of business, in addition to the economic independence, the newspaper personnel is not independent, the huge newspaper actually has no formal employees, almost all of them are alliance students to volunteer to help, 500 lira / month can never be counted as a salary, the allowance is too little, once the entity is in operation, the people's hearts will immediately disperse - what kind of enterprise is the entity that cannot pay wages?

The reason why it is now vibrant, on the one hand, is because everyone treats the newspaper as their own children, cares for it, and grows together. On the other hand, because the newspaper is currently a political tool of the alliance, with no profit goal, and only takes the dissemination of voices as its own responsibility, so there is little interference and few utilitarian ideas in writing articles, and Contini has prestige, and everyone treats him not as a boss, but as a leader and a friend, and has the same goals.

If Contini really thinks of the newspaper as his own business, no one else will say anything - after all, it is Contini who has single-handedly pulled up everything from money to personnel, but their mentality will soon change, so they must find a way to deal with it. The best way to do this is for the Union to become a real political entity, and for the newspaper to be run by the Union as the organ of the Union, and no one is the owner of the newspaper but only serves the newspaper, so that there will be a sense of ownership, and it would be better if the newspaper could raise its allowance or pay salaries. Of course, after the newspaper is truly national and formalized, the situation will have to reconsider professionalism instead of part-time work, so Contini has to give the newspaper enough money to make it grow, and then think about formalization and substantiation.

In a word, development is the top priority, regulation is the follow-up requirement, there is a time difference between the two, but it is indispensable - only development is not standardized, it must grow savagely, only standardization does not develop, it must be lifeless.

"Looks like Potty trusts you?"

"Because I made him money...... Last time he speculated he took 300,000 lira from home, and as a result, he earned nearly 200,000 yuan, and after spending all day drinking, eating and drinking, and buying a small car, he actually had more than 400,000 left, Grandini was very satisfied, and gave all 300,000 to Bo Ji with a wave of his hand, at the cost of not asking his family for pocket money before graduation, and Po Ji would have to work after graduation, and there was no reason to ask him for pocket money...... Of course, the director will still arrange the large expenses of marriage, home purchase or something, and Bo Ji agreed with a hot brain, and for fear that his father would regret it, he made a note on the spot. ”

Antonio burst out laughing: "Glandini bought out his son's pocket money with 300,000 lira and stopped the continuous blood loss, clever!" ”

Potti only knew that Contini was going to Germany for inspection, and did not know that he was going to engage in speculation, and thought that he was going to toss the industry or resell vehicles - he knew that the Ministry of Transportation had oil and water, so he took out the money and let Contini look at the investment, it doesn't matter if he doesn't make money, it's good if he doesn't lose money. Although Potty is unreliable many times, and his style of squirming can't be changed, he really has nothing to say about being a friend, and he can stick a knife in your ribs, and when he thinks of Potty doing so much for the newspaper, Contini naturally won't treat him badly.

The price of Mark hovered around 4000 for about an hour, and then broke through 4000 in one go, straight to 3950, at the 3950 mark, Contini asked Willian to throw 30 sell orders, and now he has a total of $500,000 worth of orders on hand, but after nearly 40 minutes of 3950, he continued to pounce slowly but tenaciously towards 3920.

William looked at Contini with a look of pity, these orders were almost lost nearly $10,000 in the morning - equivalent to the salary of a German engineer for 20 years, I don't know why this boy can still laugh, I hope he is not pretending to be calm.

"It's almost noon." Contini looked at the time and calmly ordered, "Open another 50 orders, and you will hang 3920." ”

"Sir......" William couldn't help it, although professional ethics could not be violated, but he felt that his conscience was not good, and it was necessary to remind him again.

"I know what you're thinking, but don't worry about me, I have more hole cards than you think......" Contini smiled slightly, motioning for Antonio to take out a cashier's check from his briefcase, "This is a promissory note of 3 billion marks, please enter the account and hedge it with the previous list!" ”

It was a false alarm for a long time, and the customer had a mark promissory note in his hand, so the operation just now was actually only equivalent to an exchange, but he vaguely felt a little pain, if you don't place an order in the place of 4085, you can exchange a lot of dollars directly from 3920.

Antonio saw his thoughts and said with a smile: "This money was opened at the price of 4500, and it was supposed to be directly exchanged for US dollars, but the bank said that it was inconvenient, and they had to take it back to China to exchange it, so we didn't have so much time to waste, so we came directly......"

William finally understood why Contini could laugh casually: if the bank had been swapped out at 4,500, he would have lost 12% by now, and he has reduced his loss by at least 10% by exchanging it now!

"After 3 working days, the normal settlement, during which the money in transit can be used as a deposit, the power of attorney is troublesome for you to sign, and the bank will find you to sign in person."

Contini nodded and pointed to the blackboard with the price in the market: "In the last few minutes before closing, you go to place an order, hang 3900 to sell, 100 tickets!" ”

William took a deep breath: "Good! I understand! ”