After a few days of "staring", the EU saw that Greece had resorted to the killer referendum, but its attitude became tougher, saying that it did not rule out the possibility of Greece formally leaving the EU, and the possibility of leaving Greece from the EU for the time being is also very high.
People in the financial circle know very well that although the risk has been pushed up, the EU absolutely does not want to have a member leave the EU, and Greece only dares to shout in order to fight for better conditions.
So there has been a lot of news in the past few days, but the volatility of the securities market is still under control, and Thunder Investment has been holding a wait-and-see position, and the book profit has increased to nearly 75 million US dollars, and it has also reached a fork in the road.
Whether to close the position, or to gamble that the negotiations between the EU and Greece are not going well, there is still a profit margin in this.
Lei Hao did not receive any information about the future of the European debt negotiations, but he decided to close the position, and the reason is very simple, the information shows that the global stock market, including Hong Kong stocks, was volatile and slightly raised its head in the three days from the 10th to the 12th.
If things don't go well, how can the securities market rise slightly, and if European bonds are still a mess, then the market will rise, and Lei Hao's position will have no profit at all.
Therefore, after the referendum results are in, closing the position is the most appropriate option, and the time is best controlled "At present, we have a position of nearly $100 million in CDS VAM agreements, and if we close the position according to the buy call agreement, the market is now full of chips, but it may take two days, and HSBC wants to buy these CDS, that is, they ask the bears to change hands."
"According to the empty swap method, our profit should be reduced by nearly one million dollars, but we don't have to bear the risk of the next two days, and we can also avoid two days of interest costs, which is about $40 million in profits."
"On the futures index and options side, the company has a short position of 150 million US dollars, mainly in three important European markets, and now the book profit is about 20 million US dollars, the target is relatively dispersed, and the closing speed is guaranteed."
"In the foreign exchange market, the company's investment plan is more cautious, the position is low, but there is still a book profit of 10 million US dollars, according to the plan, we have been testing the market conditions, at present, the foreign exchange market is more volatile" "Risk aversion is relatively high, and the price of gold is okay, but the company's focus is not here, so we have less profit in the precious metals market, about $7 million."
"The quantitative hedge funds I manage are also making some profits."
It was nearly 12 o'clock in the evening on October 5th, that is, 0:00 in the morning on the 6th.
Lei Hao sat in his seat, listening to the oral reports of Leo and others, while opening the documents from time to time and comparing the data, he was quite satisfied with everyone's work.
During this time, the middle and senior management of several investment departments of Thunder Investment can be said to be dedicated, and there are people on duty 24 hours a day, and the positions and prices are very well controlled.
When Lei Hao wanted to quit, this group of people could also immediately say their plans, presumably preparing and adjusting the closing steps all the time.
"HSBC, Keda, Prudential, and Standard Chartered are all willing to take our positions" Lei Hao was very surprised to hear this choice, but in an instant, he thought of a possibility, and a smile curled up at the corner of his mouth: "Is it to include the operation direction of Thunder Investment in the calculation of variables?"
Hearing this, a pleasant and proud smile sounded in the conference room, and everyone's eyes looking at Lei Hao were also extremely hot and expectant.
Lei Hao is satisfied with the work of his subordinates, and the employees of Thunder Investment are not worshipping this stage of work.
Raising all the money, betting on risky variables, more than $300 million, and maybe a profit of about $100 million in just a few days, this kind of operation is magical.
And everyone is grabbing food from the mouths of large institutions, and the development of European debt to the stage of high chao, even Goldman Sachs, which participated more than ten years ago, does not dare to say that it is 100% sure, but Lei Hao can win step by step and grab a bite of meat from the market, this is the ability.
The current book profit is more than 75 million, and as long as the referendum results meet the expected figures, more than 20 million profits will be certain.
If it weren't for the fact that the time was too short and there were too many variables, Lei Hao would have dared to take more risks, but he needed to take into account the possibility of liquidation, the speed of exit, the impact of raising funds on the market, and the optimal operation of funds "The foundation is still not enough, if I am in charge of a large institution like HSBC, what will I do and how much profit" Lei Hao thought silently, then shook his head and put this idea aside, he was amused by his idea.
Half a year is still an account opening brother, and after half a year, he dares to think of such a high place, Lei Hao feels that he is enough, "100 million, in exchange for more than 600 million yuan, is enough to scare many people's jaws." ” After thinking about it, Lei Hao still followed the plan discussed and said: "If the profit is enough, or the space is compressed, we will close the position." ” “ok。”
Leo made a gesture and simply took the given instructions, and the congregation breathed a sigh of relief.
A group of people stayed in the conference room until the early hours of the morning, during which the most they could do was to go to the break room to squint, and then come back to watch the data jump and the news information poured in.
At the close of the European stock market, half an hour later, the results also came out, with 637 votes against and 363 votes in favor.
At this time, most of the global securities secondary market is not in the trading period, but some financial targets still have rapid price changes, the foreign exchange market is the first to bear the brunt, and then the precious metal market, the bond market Unlike many institutions, the company has made huge profits, and the employees are naturally motivated to work, with a good attitude and orderly work progress.
When it should change hands, it will be exchanged, and when it is time to open a hedging position, the people in the investment team will also be very skilled in these tasks.
With the tension of the liquidation work, the book profit continued to change into the actual profit, and the smiles on everyone's faces were also bright.
On the afternoon of the 6th, when the European stock market opened, it fell by 2 to 3 in a cliff-like manner, but the short position of the European stock index was actually a few hundred million less, and the reality was like this, and investors seemed to be very calm about it, and there was a feeling that they were watching a play.
The mentality is good, but the price of securities is fluctuating according to the objective state, Lei Hao's position is not very large, and he is willing to bear higher closing costs, so his exit speed is very fast.
On the evening of the 7th, in more than a day, the position of Thunder Investment almost bottomed out, and the four major institutions also began to do accounts one after another, helping Lei Hao to send himself back.
The whole Thunder Investment was naturally jubilant, and Nick and other insiders were also red-eyed, but Lei Hao had already rushed to the airport and took a flight to Shanghai with his girlfriend who rushed over to meet.
In Shanghai dialect, Lei Hao, the hairy-footed son-in-law, is coming to the door
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