Chapter 750: A Big Deal
Chapter 733 – Big Deal
Berlin, this international metropolis suddenly became cold, it was almost past eleven o’clock, and the rows of stores were still closed and locked.
A familiar yet unfamiliar term entered Hans’ mind – “strike”.
Seemingly thinking of something, Hans immediately ran towards the telegraph company.
Looking at the oncoming protest parade, Hans couldn’t help but stop in his tracks, and after seeing a few familiar figures, he turned directly away.
There was no way out, the employees of the telegraph company had all taken to the streets to protest, and it was impossible to send the news back at this time.
Frankfurt Stock Exchange, Flores was staring at the constantly updated trading data analysis.
It was one of the perks attached to renting, there was no need to go inside the hall to look at the data, just send someone to the back office to hit the list.
The stock market in general had stabilized in recent times, with the exception of those few stocks that had been hedged, all of which were growing slowly.
At this moment a middle-aged man walked in with a smile, the visitor was Ferren, the owner of another securities company in the office.
As peers of the three companies were able to squeeze in an office, the relationship since needless to say.
In this big fish eat small fish, small fish eat shrimp stock market, embracing is also a small securities company’s way of survival.
Flores asked with concern, “Ferran, see you are in a good mood, what good news did you bring?”
Information sharing is also part of cooperation. For securities dealers, who needed to keep an eye on market changes, gathering intelligence was essential.
Large securities firms have specialized teams in charge, small securities firms like Flores have limited financial resources and can’t afford to raise such a team, so they can only jointly collect intelligence.
First-hand information is also a key factor for securities dealers to be able to beat retail investors. Iron Bean, who doesn’t know anything, will basically be pitted without a single hair.
Feilun laughed, “News has come from Berlin that the Prussian government has decided to compromise, and our hedged stocks can be unhedged immediately.”
Flores frowned, seemingly not impressed by this “good news”.
“How is this possible, with the Prussian government’s finances, it simply can’t afford to take on so much debt, what are they taking ……”
The latter words were involuntarily swallowed back by Flores. He didn’t think Ferran was lying about this, and it was only a matter of a telegram to verify it.
Ferren said confidently, “Don’t worry, just because the Prussian government doesn’t have money doesn’t mean they can’t get it.
It is said that Deutsche Bank, Bank of Austria, Bank of England and more than a dozen other big banks are forming a banking group and are negotiating with the Prussian government.
A preliminary agreement has already been reached, with all parties joining forces to form a new bank that will issue 200 million Shenduan bonds on behalf of the Berlin government, and in return they will act as an agent for Prussia’s money-issuing operations.”
Saying this, Feilun exuded an envious look. Issuing currency was definitely a dream business for people in the financial world.
Everyone knows that the closer you are to money, the easier it is to make money. As long as a bank was able to get the right to issue money, they wouldn’t have to worry about money.
The matter of the bank corps was also known to Flores. But not because of the negotiations with Prussia, the main reason for his attention is “shorting the Mark”.
It is a common practice in the financial world to start cooperating with people after they have been shorted.
After a few moments of contemplation, Flores: “What do you intend to do, not want to bottom out, right?”
Without waiting for Fereng to answer, a staff member hurriedly ran in, “Mr. Flores, good news the stocks we hedged, started to rise.”
Ferren’s face changed drastically, “Oh no, the news has leaked. We have to be quick, if we’re late the soup won’t be ready.”
……
There were many who made the same choice, and the stock exchange became crowded.
Just what they didn’t know was that on the roof of the building, the four major securities dealers at the top of the food chain were starting to withdraw.
An old man sitting on a sofa, smoking a cigar, asked, “How long can the news be blocked?”
The middle-aged man in green clothes replied, “Mr. Will, it can last for two days at most, or it could be broken up today.
Although we used the telegraph company to release the fake news, the sudden interruption of the telegraph between the two places will still attract the attention of those who are interested.”
This is inevitable, Berlin and Frankfurt are both metropolitan cities, the two sides of the trade and commerce is very frequent, every day there are hundreds of telegrams to and from, suddenly suddenly all of a sudden cut off not noticeable is strange.
It is not surprising that a sudden disconnection would not be noticeable. The line is overhauled, and it is fine to fool the ordinary people. Ever since the telegraphs were sent between the two cities, there has never been a signal interruption of more than eight hours.
But not interrupting the telegraph communication is even more problematic, that is, it will be exposed in a minute.
Will nodded, ”This is already very good, to be able to buy so much time is already surprising.
There’s not much time left for us, now everyone go and set up, close out your positions in the shortest time possible, and recoup as much of your losses as possible.”
There was no way around it, the Berlin government had suddenly flipped the table and caught them off guard.
Unlike the ones playing with stocks below, they were shorting the Mark this time, and if they didn’t run away quickly, their losses would be huge.
……
Compared to the sadness of Will and others, the next door neighbor Bedford Securities has a much more harmonious atmosphere.
Everyone is shorting the Mark, but people and people are not the same, Bedford Securities is not so greedy, earned a sum of money after the retreat out.
Thales regretted: “Will that old fox finally still loaded, but now in time to stop loss if, should not hurt his vitality.”
Peer is the naked hatred, do not look at Frankfurt four securities dealers often joint action, give the outside world the feeling that this is an alliance, in fact, the most want each other to be finished is that they are these allies.
Phil Rose laughed: “That’s not necessarily, in the side of the loss is also a loss, now the situation is different.
All the signs indicate that the economic crisis is coming. Without enough cash in hand at this time, who knows what will happen later?”
Bedford executive president Skvirzyka interrupted the two right-hand man: “Well two, Will down or not that is the future of things, it is not yet time to fall into the well, spread out the impact is not good.”
“Mr. Skwierzyka, Vienna phone!”
“Incoming!”
Having said that, Skwierzyka went over at a brisk pace.
……
After half a sound of effort, Skvizhka walked out expressionlessly.
“Both of you, your work is here. From now on, sell off as much as you can of all the stocks and bonds in our possession.
Cash, we need a lot of cash now.”
Fierrose was puzzled, “President, the economy in the country is still in good shape, even if it is hit by this incident, it is not going to collapse.
In recent times, we have already cashed out eighty million Shendian one after another, which is enough to deal with any crisis.
What happened that we don’t know about, or maybe the headquarters is short of money?”
As an overgrown dragon, Bedford Securities was able to become one of the four major brokerage firms in Frankfurt and had never been affected outside of the rules, and it was evident how strong the backstage was.
Economically there was a close partnership with a number of Austrian banks, and there had never been a shortage of money, it was all taken care of by the headquarters, and Fierrose didn’t think that the headquarters would be short of money.
After hesitating for a while, Skvizhka nodded: ”Well, it’s good to tell you guys, you’ll know it later anyway.
This time we’re going to do a big job, HQ decided to short the franc, and you all are one of the manipulators.
It’s not just us that’s going to be taking part, half of the top twenty securities firms in the world, half of them will be taking part.
This is a joint operation of Anglo-Australian capital. You may have heard of it, the international banking syndicate that made so much noise not long ago.
More details, I’m not sure, anyway, you guys just prepare your minds.”
“Shorting the franc”, around the two men’s boldness, they were also stunned by this news.
The franc is different from the mark, France’s economic disk can be much larger. Prior to this, there is no less international shorting of the franc, but all ended in failure.
This time, the organization is so large, and even use Prussia as a cover, certainly not as simple as on the surface.
Thales waved his hand and said, “Shorting the franc seems to be a bit difficult, can I pretend I didn’t hear anything?”
Skvizhka smiled slightly, “Unfortunately, it’s too late for that now.
I don’t think it will be long before someone comes along who is dedicated to keeping us safe, you can talk to them.
Personally though, I would suggest that you had better keep your mouths shut, if something goes bad, it’s going to kill you.”
The two nodded helplessly, curiosity killed the cat. If they didn’t know anything, they had a chance to refuse to participate.
Now that they knew about the “shorting franc”, if they wanted to quit, they could only go out lying down.
Boiling international banking group, as long as a little bit of common sense people know, this group can be regarded as the Anglo-Australian financial sector consortium, a total of thirteen large banks to participate.
See two people’s mood is not high, Skvirzyka consoled: “Do not be so pessimistic, shorting the franc only, and not to take your life, as for this?”
Adjusting his emotions, Thales quickly recovered and made an exaggerated expression and said, “No, my Mr. President.
Such a big deal, I don’t know how many big names are involved, in case of a screw up, who can guarantee that it won’t come back to us?”
……
(End of chapter)