The Rebirth of the Male God Starts From Playing Games

  Chapter 128 126. Isn’t this just shorting? ! (Shelf, please subscribe)

  With the consent of his father-in-law and his mother-in-law, the big stone in Cao Yang's heart finally fell to the ground.

  Unfortunately, he is under 22 years old, and he still can’t get the certificate from Pei Siqing.

  Two people can only wait a few more months.

  Pei Songyuan is a superstitious person. Although he is also very anxious, he is afraid that his daughter’s belly is getting bigger every day, but he still needs to find a fortune teller to figure out when the wedding day is auspicious.

  In other words, Cao Yang and Pei Siqing can't do either a marriage certificate or a wedding wine.

  Can only continue to wait.

  Fortunately, after Pei Songyuan looked for a fortune-telling speculation, the finalized wedding date was not too far away. It was set to November 11, just a few days before Cao Yang’s birthday.

  Although Cao Yang thinks Double 11 is unlucky, but since it was decided by his father-in-law, he can’t say anything.

  Cao Yang is a staunch materialist. Apart from the unexpected rebirth, he does not believe in feudal superstitions and maintains an indifferent attitude.

  As long as father and mother are happy.

  Get married, the picture is just a celebration.

   However, if there is a chance to set foot in the e-commerce field in the future, then Cao Yang can completely say how Double 11 came about——

  This day is his wedding anniversary.

  ……

  September 3 is a very important day in Cao Yang's life.

  On this day, he not only got the consent of his parents-in-law, successfully delivered the bride price, and was able to marry Miss Mine. At the same time, his 911 short-selling plan could also be implemented.

  As early as last week, the registration of Bomi's wholly-owned subsidiary in Xiangjiang was done.

  It is very convenient for Xiangjiang to register a wholly-owned subsidiary. It is not even necessary for Cao Yang to be there in person, just provide the corresponding information to complete it.

  The name of the subsidiary is [Bomi Holdings Co., Ltd.].

  After that, Cao Yang fully injected 120 million U.S. dollars from Bomi’s parent company and started his bold stock speculation plan.

  When the parent company injects capital into a wholly-owned subsidiary, the parent company does not need to pay stamp tax, but the subsidiary needs to pay stamp tax according to the total amount of paid-in capital and capital reserve, which is greater than the originally decaled funds.

  The policies of Xiangjiang are actually relatively free, and they are relatively loose for the market economy and enterprises.

  Even if the stamp duty is paid, it seems that the capital injection of 120 million US dollars is terrible, but in fact, it can't pay much.

  ……

  Goldman Sachs helped to open a good account, and then Liu Zhiping attached great importance to the cooperation with Bomi, and specially appointed a senior investment manager to help Cao Yang's broker.

   is the trader.

  The name of the agent is Xu Hao.

  Although he was a decade older than Cao Yang, he insisted that Cao Yang call him Ahao.

  Everything is ready, just wait for the opening.

  The opening time of US stocks is divided into summer time and winter time.

  Daylight saving time is from March to November, every Monday to Friday, the opening time is 21:30 Beijing time-4:00 the next day, the trading time is 6 and a half hours, and there is no break in the middle.

  Winter time is from November to March of the following year, every Monday to Friday, the opening time is 22:30 Beijing time-5:00 the next day, the trading time is 6 and a half hours, and there is no break in the middle.

  Almost after 9 o'clock in the evening, Cao Yang became excited.

  ……

  At 9:30 p.m., U.S. stocks opened on time.

Xu Hao called, "Mr. Cao, do you need to buy something? Or just let me do it for you? My suggestion is that, taking advantage of the burst of the Internet bubble, you can buy a wave of large high-tech companies. .

what do you think? "

  Cao Yang had his own thoughts for a long time, and in a week, after the outbreak of 9/11, Nasdaq did not know how badly it would fall.

   "Ahao, you help me buy the CDS of American Airlines for $10 million. Can you get it?"

"Eh?!"

  Xu Hao was taken aback on the phone.

  CDS is the abbreviation of credit default swap (creditdefaultswap), also known as credit default swap, also known as loan default insurance. It is currently the most widely traded over-the-counter credit derivative in the world. A credit default swap is a tradable insurance policy with fluctuating prices that guarantees loan risks.

  CDS uses a relatively simple and vivid example to tell the story:

  ABC three people, A judges that B will wear a green hat, so he finds C, hoping that C will draw up a CDS. If B’s wife cheats, C will pay compensation to A, if not, A will pay regular premiums.

  According to C’s own assessment of the probability and risk of B’s wife’s derailment, the rate of compensation is determined.

  If B’s wife is very conservative and unswervingly committed to love, then the CDS payout ratio can be opened very high.

   But if people just don’t cheat, then buying CDS is equivalent to paying others regularly.

But……

  It is important to know that American Airlines has the lowest accident rate in the world, and the safety factor of aircraft is also the highest among vehicles. Most accidents have been reported.

  Airlines’ stock prices have been stable.

  So even if the CDS magnification is very high, buying in this case is equivalent to jumping into the pit in vain.

   "Mr. Cao, are you sure you really want to buy it?"

  Xu Hao quickly looked it up. Although ordinary retail investors like CDS can't even reach the threshold, Goldman Sachs is also considered an internationally well-known large company, and Bomi's account is very large this time, with a total of 120 million US dollars.

   is already a very large customer.

   "Yes, just buy about 10 million US dollars, don't buy too much." Cao Yang ordered.

alright.

  Xu Hao did it.

  Since the boss can't think about it, and wants to make the money go in vain, he has no choice.

  Anyway, he was just a trader, and he got a commission in the end.

  10 million US dollars, which is actually not too much.

  In the huge stock market, the kind that can't even turn over a wave.

   "Need to allocate funds?" Xu Hao continued to ask, "I can help you apply for some, about 3 to 4 times is still possible."

Allocating capital is to make leverage. For example, if you take out 1 million, others can allocate funds to 5 million for you. With leverage, the more stocks and related derivatives you can buy, the more you earn many.

  Of course, the disadvantage of increasing leverage is that once it falls, it will be very miserable.

  Once the position is liquidated and the loss is greater than the margin in the account, the securities company will force the account to liquidate the position. Generally, if there is no funds in the account, the position will be forced to liquidate when the margin loses half of the position.

  In short, investment banks will not lose money.

  They are just acting as an auxiliary tool.

   "No need." Cao Yang refused without hesitation.

  He is not afraid of not having enough money, but of too much money.

   10 million US dollars invested, for the multi-trillion US stock market, even a small wave cannot be turned over.

   But after adding leverage, thinking of the terrible consequences that will follow will cause you to be targeted by the United States, and it will be difficult to get out of it.

  "Is that not enough to buy the corresponding insured securities?" Xu Hao continued to ask.

  "Don't buy." Cao Yang replied calmly.

"Eh?"

  At this time, Xu Hao was not quite calm.

  "Isn't this just shorting?!"

  ……

  (End of this chapter)