Rebirth: The Financial Giant

Wall Street, Goldman Sachs headquarters.

In a conference hall in the Goldman Sachs Group headquarters, each participant has a great identity, representing Morgan Stanley, Morgan Stanley, Merrill Lynch, Firstrade, Deutsche Bank, etc. .

All of them are top brokerages or investment banks on Wall Street.

Since the beginning of this year, there has been a strange flow of funds in the foreign exchange market. Large-scale trading of foreign exchange options, conservatively estimated to be more than 20 billion, although scattered in a large number of trading accounts and even anonymous accounts, they advance and retreat in an orderly manner. These funds Apparently the same force is driving, and it has now been confirmed that it is not any party here, so who is it? said Morgan Stanley's participants.

It's not us or our customers, but some accounts have indeed been handled in Deutsche Bank, but when we react to it, the funds have already flowed out. Deutsche Bank's appointed person in charge said with a hand.

Although options trading is only 20 to 30 billion US dollars, in the current foreign exchange market with a daily turnover of more than 5 trillion US dollars, the order of 10 billion US dollars is basically not enough, but it is the two to 30 billion US dollars in royalties. It is an exercise scale of more than 500 billion US dollars, which is equivalent to 10% of the full-day transaction scale. This scale is a bit large.

It's okay to appear once, but after appearing twice, the bigwigs on Wall Street finally realized the anomaly.

Foreign exchange is the only market on this planet that does not stop. Most banks around the world invest about 20%~30% of their funds in the foreign exchange market, and their profits from foreign exchange transactions are as high as 40~60%. They are the most profitable investments, so the foreign exchange market is flooded with the top players of hedge funds from all over the world.

It is also the market with the largest risk index. If it encounters some black swan events, it will be a real moment of life and death.

When Lu Ming trades in the foreign exchange market, he mainly deals with the US dollar, because it is the most traded currency in the foreign exchange market, reaching as much as 85%. It is not surprising that the US dollar is the current world currency, followed by the euro. , JPY, GBP, AUD, CHF, CAD and more.

At this moment, these Wall Street brokerages or investment bank bosses are sitting together because Lu Ming is doing things in the international foreign exchange market.

At first, these institutions on Wall Street suspected each other and thought that the other party was doing something. After all, capital likes to stab people’s ass the most. Now, when they meet, they all deny that they did not make this money, and they all feel that they are wronged, and indeed they did not make any money. what.

And last year, when shorting the RMB, these brokerages and investment banking institutions suffered a lot of losses. The short funds from various sources exploded and crossed their positions.

The most annoying thing is that I was suffocated twice. The first time was at the beginning of 2016, and the second time was at the beginning of this year. The fluctuation of the stock price is also a side effect. Similarly, Deutsche Bank was miserable, falling by more than 20%. Of course, this is related to the divorce between the British and the Europeans.

After Wall Street returned from a fiasco at the beginning of this year, the US dollar index also depreciated. Lu Ming took advantage of his victory to short the US index in January, closed his short positions in early February and made backhand long positions, and closed his positions in early March to take advantage of the trend. By the end of March And somersaults again, and then it turns short on April 10, and then somersaults again at the end of the month.

Then in the middle of May now, Lu Ming stopped playing options trading and went short on leverage.

The trend of the US dollar index, from the beginning of the year to the current downtrend for about 5 months, the periodic lows and highs in the trend, Lu Ming actually contributed to it. In a sense, these The highs and lows were drawn by Lu Ming, and he contributed a powerful trend force to the transformation of the market's combined long and short force.

To put it in words, Lu Ming catered to the downward trend of the US dollar index, followed the trend, added fuel to the flames, and pushed forward with the periodic trend, bringing the rhythm of the US dollar index.

When he starts to go short, it is the accumulation of energy for the bulls, and when he goes long, it is the accumulation of energy for the bears.

If there is no large amount of energy, it is impossible to generate short energy storage, and vice versa.

Although only more than 20 billion US dollars of options contracts are made there, after every time the premium is sold, the buyer exercises the option and leverages the transaction scale of hundreds of billions of dollars. At the high point, the short position can be poured out, and it is a periodical low point after backhand short selling and then closing the position.

Just like this, Lu Ming was remotely commanding in Ningzhou City, and he jumped and jumped in the international foreign exchange market repeatedly, and the profit of tens of billions of dollars jumped out.

Since no one made this profit, the bigwigs on Wall Street expressed that they could not bear it, so who is cutting the leeks?

At this point, the Goldman guys said, I think there's one person worth noting.

The people present looked over, and the Goldman Sachs participant said in an orderly and deep voice: Lu Ming, you heard that right, the two short RMB shorts failed twice before, and this person played an important role as an opponent of Wall Street funds. role, and a key role.”

This kind of thing can’t be hidden from these top institutions on Wall Street. After two fiasco for so long, at least I have figured out how to lose.

Tiansheng Capital’s financial report discloses the size of its assets, and the inflow and outflow of Tiansheng’s QDIE funds are all traceable. Among them, Tiansheng Capital and its managed assets have skyrocketed exponentially in a short period of time. It is difficult for people to pay attention, and once they pay attention, they will inevitably investigate deeply, and a lot of information will surface.

The Goldman Sachs person continued: Our survey data shows that although we do not know the exact number, our estimate after the survey is that the capital inflow and outflow of the TCG Group's QDIE fund this year has exceeded 450 billion US dollars. Larger, if the speculation is correct, the size of its QDIE fund should reach the range of 135 billion to 150 billion US dollars, and the known data shows that this is the profit he harvested.

TCG is the abbreviation of Tiansheng Capital's foreign name Tiansheng-Capital-Group. Tiansheng Capital is definitely not an anonymous asset management institution. Its domestic influence is self-evident. Discussing them together shows that Tiansheng Capital is now having an international influence.

It has to be said that Goldman Sachs Capital’s internal institutional assessment is quite accurate.

The profit is normal, because it can be easily found that Tiansheng QDIE's overseas funds are 5 billion US dollars, and then 5 billion US dollars are returned.

However, Tiansheng QDIE's current actual asset size and specific investment targets cannot be found, or if it is intentionally concealed, it is very difficult to find out, unless it is a commercial espionage infiltrating and stealing internal information.

This is another story.

Finance is an extremely complex product. Various financial instruments, derivatives, and gameplay are dazzling, and it is not easy to understand.

The person Morgan sent couldn't help but say, You mean, it's related to TCG?

The participants of Goldman Sachs nodded and said: There is no substantive evidence, but from a doubtful point of view, if the large-scale option trading in the foreign exchange market during this period is driven by the same force, it is the same as that of Lu Ming in China's capital market. The trading style is too similar, and for that alone he will be placed on the list of key suspects.

The attendee from Merrill Lynch spread his hands and said: Damn, if it is him, then we will not even have the opportunity to snipe sanctions, if he is jumping in the foreign exchange market, then there is really no good way to take him, unless he can Infiltrating his company and cooperating with him in advance is not a wise choice.

It's almost impossible to do a game in the foreign exchange market. No one dares to take risks like this. The risk and the reward are completely disproportionate.

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