Chapter 505: "Manhattan Hanging Sun"
Young Miranda Kerr and younger Rosie Huntington-Wheatley, as they get along with the company's seniors at the same time.
Able had arrived at the Smith Building, in a financial safe house inside Smith Capital.
He was looking at the exchange rates of the Canadian dollar and a number of other international currencies, observing how they had changed over the past two months.
Since the beginning of the new century, or even the end of the last century.
Canada is transforming from a commodity producer and exporter to a real oil exporter.
In this case, the price of oil is bound to affect the Canadian dollar exchange rate.
Over the past few years, Canada's oil production has increased rapidly.
Changes in crude oil prices and changes in the Canadian dollar exchange rate are increasingly positively correlated.
When crude oil rises, the Canadian dollar will rise, and when crude oil falls, the Canadian dollar will also fall.
However, due to other factors, sometimes the two will also come out of independent markets that are not related to each other.
Most of the time, this means that once the market believes that high oil prices are a sign of a slowdown in global economic growth, oil prices could weigh on the Canadian dollar.
As the "petrocurrency", the Canadian dollar is only in its infancy, so the link between the Canadian dollar and crude oil prices is likely to strengthen as Canadian oil production continues to expand gradually in the coming years.
For a period of time, a part of Smith Capital has been complying with Abel's request to open a short position in the Canadian dollar.
In order to ensure the safety of funds, and at the same time try to prevent the Canadian authorities from finding out so early.
Abel Jean Smith Capital uses accounts with three banks: HSBC, Bank of Montreal and Canadian Imperial Bank of Commerce.
HSBC exists because the HSBC Group is very large in Canada, and it is the sixth or seventh largest bank in Canada.
The latter two banks are two of Canada's top five banks.
In particular, the Canadian Imperial Bank of Commerce, in many cases, can even rank in the top three of the global bank list.
Some people may say that in order to ensure the safety of funds, shouldn't these Canadian banks be allowed to run Abel's funds?
They are, after all, Canadian banks......
However, the reality is that because they are Canadian banks, they are more worthy of Abel's use.
This will make the flow of funds at Smiths Capital seem more natural, like a normal foreign exchange investment within Canada.
As for leaks, don't forget that Canada is also a capital country.
In the land of capital, for the most part, as long as you can guarantee profitability.
Then even if you want to make the other party treasonous, the other party will definitely not hesitate for long.
If you hesitate, it's just that the benefits you give are not enough.
This is the capital under the new seed oil doctrine, and it is the capital in Capital.
The funds from this short Canadian dollar have used about $13 billion from Smith Capital since the position was established more than a month ago.
It's about the same as the money Abel spent on sniping the pound.
The difference is that on the Canadian side, Abel uses a high leverage multiplier, almost 20 times.
In other words, Smith Capital now operates more than $260 billion in funds, building a large number of short positions in the Canadian dollar.
At Abel's request, Smith Capital's CAD straight market is USD/CAD, and the cross is AUD/CAD, CHF/CAD, EUR/CAD, GBP/CAD, a total of five varieties.
At the moment, USD/CAD is at 1.0840, AUD/CAD is at 0.9602, GBP/CAD is at 1.7750, CHF/CAD is at 1.2012, and EUR/CAD is at 1.4842.
Smith Capital currently holds a long position of 50,000 contracts of USD/CAD, (a long position of 50,000 contracts on USD/CAD is equivalent to a short position of 50,000 contracts on CAD/USD)
40,000 lots of long AUD/CAD, 40,000 lots of GBP/CAD long, 20,000 lots of CHF/CAD long, 40,000 lots of EUR/CAD long. This totals a little more than 190,000 lots.
This is a position that Smith Capital has slowly built up over a month. But now, Abel plans to continue to increase his position!
Talent told him that this position was not enough.
However, when he planned to let David take command and continue to increase his position.
He found that because there was so much business going on at the same time, Smith Capital was now understaffed.
As an investment bank in Smith Financial Group, a sniper in the capital market.
Today's Smith Capital also takes care of all the businesses that a large investment bank should have.
Serious investment banking business includes:
Corporate Finance, Mergers & Acquisitions, Financial Advisory, Securities Underwriting, Securities Trading, Fund Management, Project Finance, Venture Capital, Credit Asset Securitization, etc......
The relatively less serious investment banking business is generally led by Abel.
Like the sniper plan initiated by him and cooperated with Soros.
There is also a follow-up "landing plan in Britain" that intends to get involved with a large number of high-quality enterprises in the United Kingdom.
There is also a long-term long gold plan that has been laid out for a long time and has started since the beginning of the year.
Plus now this sniper short Canadian dollar business.
These businesses are not so serious compared to the former.
If the former is normal investment banking.
No matter how much they are beautified, they are actually the plundering of Chiguoguo!
Plundering in the financial and capital markets.
It is these businesses, although they are actually more risky, but also easier to make money because of this.
The vast majority of the windfalls and profits of large investment banks come from these unscrupulous businesses.
These unscrupulous businesses, they have a name, which is collectively referred to as "international travel capital".
Suddenly, Abel found that Smith Capital's personnel were a little insufficient.
As his first company, it was the foundation of his beginning.
When Smith Capital started, it was completely meritocracy. All the elites, more than 100 traders only serve him.
Later, with the expansion of the scale, the business increased. Smiths Capital is always hiring.
In three years, it has grown from a small Wall Street financial company with only about 100 employees to about 2,500 in the United States and more than 600 in London, with a total of more than 3,000 people.
With more than 3,000 people, it seems like a lot. But for Smith Capital, which is a large investment bank and has become one of the six sons of Wall Street investment banks, this is simply not enough!
For example, he is also the sixth son of a Wall Street investment bank.
Merrill Lynch employs about 50,000 to 60,000 people around the world.
Goldman Sachs has about 4-42,000 people.
At Lehman Brothers, the number is about 25,000.
Bear Stearns is almost 20,000 people. At its peak, Wagon Stanley employed more than 90,000 people worldwide, and now there are more than 70,000.
Even compared with Bear Stearns, which has the smallest number of employees, Smith Capital, which has just over 3,000 employees, is far inferior.
Although this is related to Smith Capital, it has not yet begun to globalize.
If you don't have that many global branches, you don't have that many employees.
But such a little person is indeed sorry for its name as one of the six major investment banks on Wall Street today.
There will be such a situation, and Abel will also bear some responsibility.
At the time of the merger with the Texas consortium, the staff of the investment bank on the Texas consortium side were supposed to be merged with Smith Capital.
If that were to happen, the number would not have been so small.
Abel considered that it would affect his control in Smith Capital, so he prevented the merger of personnel.
But now, Abel believes he has complete control over the entire Smith Financial Group.
Smith Capital, it's time to start a big expansion.
Otherwise, many businesses and jobs will lack personnel and will not be able to carry out.
It's just that the recruitment and expansion of personnel, the establishment of global branches, are things that take time.
It's not something that can be done with the click of a button, or a few words from him.
So now at a time when David and Jess are busy sniping the pound, buying shares in British companies, and also keeping an eye on the European market.
In the matter of shorting the Canadian dollar, Abel had to do it himself.
He summoned more than 100 traders, and in this trading room, he directed them to start opening positions.
has been in the industry for three years, and he can only rely on talent in the financial novice, but now he is also a financial veteran.
Combined with his terrifying talent, even without David's command, he can still do the corresponding work.
At this moment, in front of Abel, there are a total of 18 computer screens, he looks at the charts of various foreign exchanges, and issues orders from time to time.
This requires a high degree of mental concentration and full concentration, and it doesn't look tiring, but it's actually very tiring.
Plus Abel has very little, well, almost no such work. After he went into battle himself, he found that it was not so easy.
It's no wonder that many Wall Street executives can't help but take high medicine.
This kind of work intensity, many times, lasts for several days, some even half a month and a month, and can only take occasional breaks in between.
If a normal person does not use medicine, it is indeed difficult to hold on.
On the other hand, those who can hold up without medicine are all abnormal ruthless people.
David Mellon is such a ruthless man, and he is Abel's leader in the financial market.
Soon the whole morning passed. By noon, Abel's mood had become irritable.
He tried his best to suppress his irritability, continued to stare at the market, and personally instructed the traders to trade.
USD/CAD, AUD/CAD, CHF/CAD, EUR/CAD, GBP/CAD, these Canadian dollar currencies are in a volatile market at the moment.
Today, the moving averages of their daily charts are in a bullish alignment, and Smith Capital is building positions at key support levels.
USD/CAD is trading at the support level of the 5 EMA, oscillating in the 20-pip range.
AUD/CAD is at the support level of the 20 EMA, oscillating in a 15-pip range
The CHF/CAD pair is at the support level of the 5 EMA, oscillating up and down along it, shuttling back and forth.
EUR/CAD broke below the 5 EMA and found support around 10 pips above the 10 EMA.
GBP/CAD is stuck above and below the 5 EMA......
"No, I'm still not used to this kind of work. I am not a general who charges into battle, I am a marshal and a king who commands Ruoding. ”
What should Meng do in the future, let Meng Jiang do it.
He has already made up his mind to promote a few more middle and senior executives.
This allows them to share their own work and balance Jace and David's current position within Smith Capital.
The irritability in my heart is difficult to suppress for a long time.
In his office at Smith Capital, Abel took a deep breath and reached out to press the transponder.
"Amanda, come in!"
Soon the office door was pushed open, and Amanda walked in, wearing a tight short-sleeved white shirt and a black gauze skirt.
"Close the door."
Abel turned the direction of the boss's chair, then raised his hands and crossed the pillow behind his head, looking like a big man waiting to wait.
And to hear his command, and to see him put on this look.
Amanda naturally knew what he wanted, her eyes were shining, and after the door was locked, she untied a silk scarf from her wrist, and then quickly gathered her loose hair, tied a ponytail with a folded scarf, and walked to Abel's side.
As an employee of the content department of a TV station, the work is easy. But the corresponding income is not high, and the benefits are average.
As an assistant and secretary, the income is high, the benefits are good, and the status within the company is higher.
But that's not easy at all!
It is necessary to have both professional knowledge and excellent corporate administrative skills.
At the same time, sometimes you have to put out the fire for your boss......
After 40 minutes, the anger finally dissipated, Abel sorted it out refreshedly, picked up the mineral water that Amanda had opened just now on the table and just wanted to drink it, when he suddenly remembered something, smelled it, pulled the corners of his mouth, put it down and stood up.
At this time, Amanda wiped the water stains on her face as she walked out of the bathroom and gave him an angry look.
In the afternoon, Abel decided not to "waste" his time on shorting the Canadian dollar.
Abel directly called David, who was busy flying, over and asked David to keep an eye on it, or David himself temporarily found someone in the company to replace his job.
This kind of thing is to let the general do it.
The most important thing for a monarch to do is to be good at employing people and employing people without doubt.
All that remains is to wait for the generals to successfully charge on the battlefield and capture the princesses of other countries for the king to enjoy.
But Abel was not idle, he just put down the specific work to be done.
But the work that a business empire "king" should do, he still undertakes.
As usual, Abel was at the Smith Building, working another afternoon.
From the beginning of June to now, he has been in New York for more than a month, and he has been working all the time.
This is already considered diligence for Abel.
Time passed, and soon the sun set.
The setting sun pokes out half of its head between the gaps in the skyscrapers, slowly falls, and finally disappears at the end of the busy street. It's a Manhattan sunset.
Abel looked through the car window and looked at the scenery on the side of the road.
Because tomorrow is the weekend, the streets are obviously a little more relaxed.
There is no rush hour traffic, and there is no bustling office workers anxiously shuttling around.
Even locals are willing to sit back and spend more than ten minutes enjoying the rare view of the Manhattan sun.
Suddenly.
"Pull over!"
After Abel said to the driver, the shiny black Cadillac stopped on the side of the road, and a number of bodyguards quickly walked down from several SUVs in front and behind, standing around on guard, and there were other seemingly ordinary vehicles in the distance, which also stopped, and walked down to look like tourists or ordinary citizens, wandering and patrolling nearby.
There are about 20 people in total, and this is the security service provided by Rock Security for Abel when he was in New York.
Abel got out of the car, nodded and smiled at Johnson, one of the four King Kongs who opened the door for him, and said, "Is there any cash?" ”
"Hmm." Johnson's grim face was expressionless, and he took out a hundred dollars from his pocket and handed it to Abel.
"Thank you." Able smiled and raised the hundred dollars in his hand, and walked to the side of the street, in front of an old man who was setting up a stall and was sketching the streets.
"Hey, old man. See you again. $100, these things of yours belong to me, how about it? ”
The old man, who was sketching on the streets, had long been attracted by the previous pomp, and when Abel stepped out of the car, the old man immediately recognized him.
"Oh, oh, oh......" The old man was very excited, obviously recognizing Abel's identity.
In fact, this is the third time the two have met.
The first time was Abel in the middle. When Yang Park soaked Yin Kana, Abel was actually unknown in the United States at that time.
At least 99.999% of Americans don't know him.
The second time was Abel in the middle. Yang Park accompanied little Laura for a morning jog.
At that time, Abel's fame was already very great.
This is the third time.
"Absolutely! Mr. Smith ......," the old man said in an agitated tone.
Abel smiled and motioned for the old man to get up from the folding stool.
As soon as Able sat down, he picked up his paintbrush when Edward came over, "It's safe." But for the sake of prudence, I have increased the number of personnel, and I have also informed Mr. Click. ”
Abel nodded, although his feelings surged for a while, and at the same time he wanted to pretend to be a big 13 in front of ordinary people.
But there should be security measures, which are indispensable at all.
Nuisance? What's wrong with a little disturbance?
He didn't drive the Cadillac to the Lincoln Memorial!
Holding a paintbrush, I glanced at the drawing board covered with low-quality drawing paper, and looked up at the beautiful and magnificent Manhattan sunset hanging between the skyscrapers in front of me.
The memories and abilities that belonged to the predecessor in the body instantly emerged.
Picking up the old man's very average quality, but very complete painting tools, Abel quickly painted.
Such a big battle here has already attracted many passers-by.
A large number of passers-by who had been inspected and were kept out of a safe distance at the same time had already recognized Abel in front of the drawing board in the sunset, just like the old man who was painting.
Abel's appearance has always been super capable of fighting. Even people like Anna Wintour think from the bottom of their hearts that he is actually very suitable for eating fashion or entertainment industry.
This means that he is not only photogenic, but also very good-looking.
At this time, under the sunset, the aesthetic angle is full, the warm golden sunshine is full, and the atmosphere and his identity are full at the same time.
Some fan girls were even more excited, beating their feet, and bold girls wanted to step forward to take a group photo, but were stopped by the bodyguards.
Abel was unmoved by the outside world, and when he began to paint, a sense of tranquility that he had not experienced for a long time emerged.
The artistic talent of the predecessor is really not covered, and even the mood can be affected.
When the New York Police Officer. Klick, the chief of the inspection bureau, came over to persuade Abel to go back after arranging the surrounding guards.
The last rays of sunshine at sunset have ended.
Abel also stopped his painting.
A sketch of "The Hanging Sun in Manhattan" has jumped out of the inferior quality of paper.
That same evening.
All the local TV stations in New York City made this incident a key news when broadcasting.
American billionaire, philanthropist, and famous collector Avery Broad.
This old man openly announced in the media that he was willing to spend $100 million to buy Abel's "Manhattan Hanging Sun".
Avery Broad claims that Abel Smith's painting of "The Hanging Sun in Manhattan" is no less than Van Gogh's "Willows at Sunset" or Joseph Marold William Turner's "Sunset over the Lake."
The artistic component is literally as tall as a few hundred floors.
He liked it very much, and hoped that Mr. Smith would be able to cut his love and satisfy his little collecting hobby as an old man.