Yang Jing's words made Cesar and the others very happy.
They are in this business and rely on it for their livelihood. If you ask them to quit this business and do something else, they probably can't do it. The last time they operated London gold, the five people finally earned a total of nearly 150 million US dollars, which made them ecstatic.
The huge profits have made them look forward to cooperating with this mysterious and lovely boss again. Even though they were investigated after the London Gold speculation, and even though they are now keeping a low profile, they still firmly hold this idea.
If for no other reason than what this mysterious boss once said before we parted last time - I look forward to working with you again.
Cesar and his team had endured and waited for five years just for this sentence. Finally, on this day, the opportunity came to them again.
Cesar and his colleagues finally got the words that made them feel most at ease - a 300% return on investment.
After the London Gold investment, they had no doubts about Yang Jing's words. If the mysterious boss said 300%, then it must be 300%.
The profit of 450 million US dollars is enough for the five of them to live comfortably for the rest of their lives. Even if they just live a life of idleness and waiting for death, this money is enough.
However, Cesar still had a question in his mind, so he hesitated for a moment before whispering, "Boss, why don't we use forward foreign exchange transactions to carry out this investment operation? Compared to foreign exchange futures, I think resentment foreign exchange transactions should be more suitable for our investment this time."
The question raised by Cesar is actually more suitable for this investment operation. In fact, foreign exchange forward transactions are similar to foreign exchange futures. Many people even confuse foreign exchange futures with foreign exchange forward transactions.
For large-scale investment actions like this, it is actually more reasonable to use foreign exchange forward transactions.
Yang Jing shook his head and said, "Cesar, I know that foreign exchange forward transactions are more suitable for this investment operation than foreign exchange futures, but you forgot the most important thing, which is our own safety. Foreign exchange forward transactions require dealing with banks. This alone means that we are doomed to not use this method of operation for this investment operation."
"Humph, do you really think those banks are so easy to talk to? It's okay if our profits are small, but once our profits exceed 50%, I guess these banks will be difficult to talk to. Apart from anything else, your identity will be exposed. So, I would rather be a little troublesome than use this kind of operation method that exposes ourselves."
Cesar slapped his forehead and said in annoyance: "Damn it, I was so blinded by the benefits that I forgot this. Saury, I shouldn't have such thoughts."
Yang Jing smiled and patted Cesar's shoulder without saying anything else.
Foreign exchange futures are traded in the foreign exchange market. You do not need to provide proof of identity to anyone. As long as you have enough margin in your account, you can trade any type of foreign exchange that appears in the foreign exchange market.
Although foreign exchange forward transactions are very similar to foreign exchange futures, they will inevitably involve banks. This is because this type of transaction is not a game between speculators and the market, but rather speculators and banks agree on how much foreign exchange to purchase and when to deliver.
Therefore, as long as foreign exchange forward transactions are used for speculation, they will inevitably be linked to banks.
Yang Jing had gone to such great lengths, and did not want to expose himself because of the bank, so of course he would not use the foreign exchange forward transaction as an operation method. Even though this operation method was much easier and more convenient than foreign exchange futures, Yang Jing would not risk being exposed by using this operation method.
After saying all this to Cesar, the other four people in Cesar's team left the operating room to rest, leaving Cesar alone in the entire operating room.
In fact, because of the time difference, they have been busy since 7 o'clock last night. There is a 13-hour time difference between Tokyo and the Cayman Islands. The opening time of Tokyo's foreign exchange market is 14 hours earlier than that of Philadelphia and Chicago's foreign exchange markets, and Singapore is one hour later than Tokyo. When the Tokyo and Singapore foreign exchange markets are closed for the day, the Paris and London foreign exchange markets will open again...
Since the opening of the Tokyo foreign exchange market last night, the Japanese yen has skyrocketed, and the same was true for the subsequent Singapore foreign exchange market, Paris and London foreign exchange markets. Therefore, even though Cesar and his friends held on for the entire night, they did not feel tired at all because of the stimulation of huge profits.
This morning, the Chicago and Philadelphia foreign exchange markets also saw a sharp rise in the yen and a sharp fall in the US dollar. Seeing that the profit for one day was several hundred million US dollars, Cesar was completely relieved.
If the operation was only carried out in one foreign exchange market, everything would be fine, but this time the investment action was carried out simultaneously in the six major foreign exchange markets in the world, so it would not be possible to operate continuously like they did last night.
People are not machines, they must rest when it is time to rest. So several people work in shifts, with one person left on duty while the others all go to rest.
Cesar was the first shift on duty, and Albert took over from Cesar after the foreign exchange markets in Philadelphia and Chicago closed in the morning.
The position has been successfully established. Unless there is a fluctuation and the funds in the account need to be used to cover the position, there is basically no big deal for the five of them. Usually, only one person needs to be left to monitor it.
Seeing that everything was on track, Yang Jing had no need to stay here any longer. This investment operation would last for a year, and he couldn't stick to it for a year. So after explaining some things, he found a deserted place and returned to Jinling.
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
Continue read on readnovelmtl.com
