Gao Sheng Headquarters.
On the surface, Qin An was carefully reading the internal information of the investment market provided by Gao Sheng, but in reality…
Investment Eye activated!
Qin An activated his skill, Investment Eye.
He glanced over.
The first two times he was unlucky, the investment projects he had his eyes on were not very good.
Fortunately, when he activated the skill for the third time.
Finally, he found a good project.
Target: cotton futures
[Investment: 1 billion USD]
[Return: 10%~10000%]
Analysis: Due to the drought in the world's major producing areas this year, cotton raw materials will have a large-scale shortage. After the market opens tomorrow morning, this futures variety will rise from the opening price of 40.69 cents/pound to 42.69 cents/pound on the same day. It is recommended to invest!
He immediately began to study cotton futures.
The cotton futures on the New York Exchange had a profit of 10 dollars per point.
0.01 The rise and fall of every minute was one point. For example, if it rose from 40.69 cents/pound to 40.71 cents/pound, that would be a profit of two points.
Then, he could make a profit of 1 x 10 x 2 =20 USD.
After figuring out the rules.
"I'm going to buy more cotton futures." In the VIP lounge of Gao Sheng Company's New York headquarters, Qin An said to John Jason,"
"Can you help me? Mr. Jason."
"The futures?"
John Jason pondered for a moment, deliberated over his words, and introduced softly,"
"Mr. Qin. I can understand futures speculation. After all, the futures market was the second largest financial speculation market after the stock market.
But why do you like cotton? A large commodity like cotton was usually very stable. The largest fluctuation in a year usually did not exceed 100 points.”
In fact, the various commodities in the futures, except for gold and oil, the two more important core products.
Most commodity futures did not fluctuate much.
Except for special situations, there were very few cases where the number of points exceeded 100.
40.69 cents/pound rose to 42.69 cents/pound. This number was ridiculous, reaching an outrageous 200 points.
With a profit of 200 points, the profit of a single cotton futures would be as high as 2000 USD!
Faced with John Jason's kind reminder, Qin An smiled and said,"
"I've checked many newspapers and the market. I believe this is an opportunity, an opportunity to make a fortune. So I'm prepared to invest. It's that simple.”
Really?
Have you really checked?
You only looked at the name list just now. You didn't even look at my analysis or the others 'analysis.
" Uh…" John Jason felt like vomiting.
Looking at Qin An's confident look, John wanted to persuade him again.
John had seen too many such speculators.
After reading some stock prices and newspapers, he felt that victory was within his grasp and hurriedly entered the venue.
In the end, they would often lose.
"There's no need to persuade me." Qin An saw his hesitation and took the initiative to say,""I'm confident."
Even the rich man said so himself.
What else could John Jason do?
He could only smile bitterly and say,"
"Of course not. Mr. Qin, the money is yours. You can invest it however you want.”
"Then it's cotton! Do more!"
"Alright, I'll do it. How much do you want to invest? Or how much capital do you have?"
Qin An looked at the quiet financial staff of the Hong Kong and Shanghai Bank. The latter immediately said,"
"Mr. Qin has a total of 400 million Hong Kong dollars in his account with our New York branch. According to the current exchange rate of 6.63 Hong Kong dollars to one US dollar, Mr. Qin could use 60.33 million US dollars.”
Speaking of the exchange rate between the Hong Kong dollar and other foreign currencies.
In the beginning, the Hong Kong dollar was pegged to the British pound.
However, after the Second World War, the Great Yin's economic strength weakened, and it had even depreciated greatly, affecting the economy of Xiangjiang City.
After the British pound floated freely in June 1972, the Hong Kong dollar was pegged to the US dollar. The initial exchange rate was 5.65 Hong Kong dollars to 1 US dollar.
In February 1973, it was changed to 5.085 Hong Kong dollars to 1 US dollar.
From November 1974, it was changed to free floating.
The Hong Kong dollar depreciated all the way. By 1978, it had already fallen to 6.63 Hong Kong dollars to one US dollar.
"60.33 million USD? Then invest 60 million USD! Use the highest leverage!"
" Uh…" John Jason's eyes lit up.
This was because Qin An was prepared to invest 60 million USD. This amount was the highest investment he had ever received since he started working.
Moreover, regardless of whether Qin An made a loss or a profit, he and Gao Sheng could earn at least 500,000 USD from Qin An's service fees.
This made him very excited.
However, when Qin An said that he would use the highest leverage, he was stunned again.
"What's wrong?"
"Mr. Qin." John Jason probed,"
"Are we really going to use the highest leverage? Do you know what the highest leverage is?”
"50 times? 100 times?"
"Uh…"
Seeing how relaxed Qin An sounded when he spoke, he was shocked.
John Jason couldn't help but swallow a few mouthfuls of water and said slowly,"
"This depends on the platform. According to the standards of the industry, the highest leverage you mentioned is 400 times…"
400 times?
Qin An was a little surprised.
This was the first time Qin An heard that the leverage ratio of futures was so high. If it was 400 times 60 million, it would be 24 billion?
F * ck!
Even the richest man in the world did not have so much wealth, right?
What Qin An did not know was that…
Before the global financial crisis in 2008.
A legitimate futures company in the United States could provide 400 times leverage.
It was only after the 2008 financial crisis that a series of policies were introduced to suppress this multiple to below 200 times.
And since 2008.
The leverage ratio for short-selling American stocks had also been reduced from the most exaggerated 500 times to a maximum of 50 times.
However, if he really used 400 times leverage, it would be no different from gambling.
What did 400 times leverage mean?
This meant that with just a few fluctuations, Qin An's capital loss would reach the level of ten million.
If it fluctuated by more than ten points...
He estimated that his $60 million principal would vanish into thin air.
What was worse was that the cotton futures market was limited. If they really threw in 24 billion USD, it would definitely attract a bunch of Wall Street giants.
The chain reaction that followed was simply incalculable.
The most important thing was that the investment had to be limited to 1 billion USD!
How many times is 1 billion USD divided by 60 million?
It seemed to be a little more than 16 times.
Before Qin An could speak, Jason smiled bitterly and explained softly,"
"Mr. Qin. To be honest, Gao Sheng can only provide you with leverage of 10 to 20 times.
There were indeed platforms that exceeded 20 times, but they were all companies that split funds. We don't do such a high multiple…"
John Jason continued,"
"Also…basically, with leverage of more than 50 times, most legitimate companies will only accept funds below one million USD.”
Your 60 million USD has to be split into many accounts and used a complicated method to achieve this multiple.
Unless a company was willing to sign a gambling contract with you, few companies would offer a multiple of more than 20 times.”
There was such a thing?
Qin An, who was a layman in the M Nation's investment market, nodded and said,"
"Then 16.6 times it is! 60 million USD. Through leverage, I must make sure that my operational funds reach 1 billion USD.”
His words made John heave a sigh of relief. He immediately replied with a smile,
"Mr. Qin, you made the right decision! We, Gao Sheng, can do this!”
The foreigner continued,"
"The amount of 1 billion USD is still a large amount in cotton futures. It is likely to cause fluctuations in the market and attract the attention of the big bears. They will definitely not let you off.
To be honest, from the standpoint of a stockbroker who cared about his clients, he was not a bad person.
Mr. Qin.
Your investment this time is very risky. It's so high that even a little bit of wind and grass can make you lose everything…"
"That's it. Anyway, I know you won't lose money. I'm the one who's losing money."
Qin 'an's mind has been made up.
He believed in his own ability.
"Alright then…"
A futures operation involving 1 billion USD required multiple positions.
Fortunately, Qin An had chosen a powerful investment bank like Gao Sheng.
If he were to look for an ordinary investment bank or futures company, he would have been able to find a way out.
Just using this amount of money alone, it would take several days to open a warehouse.
If that was the case, he would miss out on all the market prices.
To Gao Sheng, this was a big deal, and it was a short-term deal.
Gao Sheng attached great importance to it.
John Johnson did not have enough authority, and for this reason, one of the current two giants of goldman sachs, White Weinberg, was involved.
A large number of elites from all over Gao Sheng were mobilized.
It was within Qin An's requirements.
Within a day.
Under Qin An's request to not affect the market.
He completed the long-term opening of 1 billion USD cotton futures.
There were more than a thousand warehouses.
This kind of operation and technical strength made Qin An very jealous.
He thought that if he had his own evidence.
It might take a month to achieve what Gao Sheng did today.
This kind of technical strength alone was the huge difference between a top investment bank like Gao Sheng and an ordinary investment bank.
Regardless of whether Qin An made money or not, the interest, service fees, and handling fees that Gao Sheng earned from Qin An every day would be as high as 1.2 million USD.
Therefore, Qin An had only used a single order that was like a gamble to gain the attention of this high-end private investment bank.
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