Chapter 30

November 3

September 21 of the lunar calendar

is a good time to travel.

When waiting for news in the hotel yesterday afternoon, Tang Qing already contacted the loan customers recommended by the system this month. Just like Zhang Dongqing last time, Tang Qing immediately agreed to meet today when he heard that the interest rate here was extremely low and the conditions were excellent.

As for what the other party did, Tang Qing didn't ask much. At that time, she would know that the content of this task was almost the same as last time, but the dining place became her own restaurant.

Li Kai didn't follow him at noon, but made up for yesterday's homework at school. Li Kai didn't have a schoolbag for him. I saw Tang Qing didn't take it last afternoon, and he was too lazy to go to school to take it. He won't let go of the opportunity to escape from the school. Even if he had to make up for it, he'd play a trick first.

At this time, Li Jianguo also knew that Tang Qing was also running other loan businesses, and his hotel had become a negotiation place. The shrewd Li Jianguo thought that it was equivalent to having fixed customers. Tang Qing was nothing, but those who needed loans were basically the boss. Such people had many friends, many consumption and social activities, and their relationship network was complex. With Tang Qing as a link The net will be bigger and bigger, and the number of people will be more and more.

So far.

Li Jianguo has asked Tang Qing to give him a good word and take care of the hotel business in the future. Li Jianguo believes that in a year, the business here will surely go up to a higher level, not just a step. When it comes time to become bigger and stronger, we can also open larger stores... Make more money... Logical, perfect.

Today, because it was the other party who arrived first, or two people, but the other person was just the financial affairs of their factory. Zhang Jing was asked to stay in the private room by himself. Yesterday, he told the other party as well.

When Tang Qing arrived, the other party didn't order. I think he was waiting for himself. When he saw Tang Qing in his school uniform, the other party was shocked. He almost thought that he met a liar. However, looking at the bag of cash and the professional contract, he dispelled his doubts and immediately began to make friends.

It's the same as before: signing the contract, verifying the capital, writing the receipt, and then the necessary information investigation. Now Tang Qing is familiar with these things, and it's done quickly. In addition, the other party is in a hurry, so he checks out after lunch.

After signing the contract, Tang Qing did not go back to school directly. Instead, he wrote a risk assessment report according to the system requirements. He wanted to see what changes were made to the secondary system immediately.

Tang Qing, who has experience, only took more than ten minutes to finish the report this time. After the report was recycled by the system, Tang Qing immediately felt warm, the same feeling as when he got the source gas value last time, but this time it lasted nearly 20 seconds.

Then Tang Qing closed her eyes and recited her personal information:

host name: Tang Qing

Level 2

experience: 0200

loan limit this month: 30.5 million

personal limit this month: 20.2 million (overdrawn to the end of December.)

Extractable assets: 210000

spirit: 51 + 40

Constitution: 49 + 40

source gas value: 40

convertible foreign currency: US dollar.

There are many changes in the system, except for the 20 point source gas value reward and 200000 RMB, which is the option of convertible foreign currency, and then there is no such option. From his personal information, he really can't see how much the secondary system has changed. Then Tang Qing asked the system:

"is there any new function in upgrading the system to the secondary system?"

"The secondary personal account opens the currency exchange function of the personal account, and can withdraw and recover US dollars." The system simply replied.

"I can understand the withdrawal and recovery of US dollars, but what does currency exchange mean?" Tang Qing asked suspiciously, there are many ways to understand currency exchange, so it's better to ask clearly.

"The personal account of the system is based on the domestic currency as the settlement unit, which will not be changed. In the future, no matter what kind of currency the system recovers, it will be automatically converted into the domestic currency, and the exchange rate will be rounded according to the current international exchange rate

After hearing this, Tang Qing understood that no matter what money is collected, it will be automatically converted into local currency, but when it is extracted, you can choose all the currencies that have been opened. As for the rounding exchange ratio, it's easy to understand. Tang Qing, who is used to the rounding ability of the system, doesn't think it's any good.

Generally speaking, the second level has opened the recycling and exchange function of specific foreign currencies. Tang Qing, who thought there would be a new function, was still a little disappointed.

"I thought there was a surprise, this function. It's nothing.... Mamma Mia, I'll rub it

As if thinking of something, Tang Qing immediately stood up from the chair, his face full of shock.

What's the use of this function?

Of course, it's very useful. Rounding, exchange rate rounding, isn't it possible to carry out naked risk-free arbitrage?

Risk free arbitrage, as the name suggests, is risk-free arbitrage. For a simple example, suppose that the loan interest rate in the United States is 3% and that in China is 6%. Then why not lend American money to domestic enterprises, and there will be 3% arbitrage profit in the middle. There is no risk at all. Of course, this is just a hypothesis, which is easy to understand and practical It involves a lot of transaction costs and other complicated things, and the profit is not so high.But what is the transaction cost of the system? Not at all. What's the complexity of the system? No, the exchange of currency can be completed instantly within the system.

Under pressure, Tang Qing wants to confirm that this can not be ambiguous:

"system, do you mean that I can freely exchange according to the rounding exchange rate?"

"Yes, but no more than ten times a day, no limit." The system replied.

After being confirmed by the system, Tang Qing was also relieved. He was afraid that he had made a mistake just now and would be happy. As for the ten restrictions, Tang Qing automatically ignored them. The interests involved were too huge.

For example, suppose that in reality, a dollar can be converted into RMB 8501, but it can be converted into RMB 90000 by rounding in the system. If the converted RMB 90000 is withdrawn, he can go to the bank and directly convert it into a dollar according to 8501, making a net profit of 490. It seems that 490 is not much If the figure is as large as 10 million US dollars, he can make a net profit of 4.9 million RMB, nearly 5% of the risk-free profit.

How crazy this is.

The exchange rate between RMB and US dollar is relatively large. If it is 1:1.51, that transaction will make a net profit of 1 / 4, 2.5 million US dollars, and the time spent in this transaction can even be shortened to a few seconds in the account. In a few seconds, a round of money in the account will make a net profit of 1 / 4, 25% profit at one time, and 10 times compound interest calculation, Three times the profit, think of here, Tang Qing swallowed saliva.

The news is so shocking, it's crazy. This system.

If the exchange rate is 1:8.49, then it's not good to play the opposite way. Anyway, you have arbitrage space.

"System, you can't be joking. I don't want to hurt me by making money like this. I don't want to fail the level 10 examination." Tang Qing stammered and asked, this is the money printing machine. Well, there is no risk at all. He couldn't believe it and asked again.

"The secondary host has the right to view the details. This kind of risk-free arbitrage within the system is one of the main auxiliary functions of the system, and it is also a variety of risk-free arbitrage between banks. It's just that the arbitrage objects are different, which is also one of the benefits of the system.

The system has no restrictions on the number of withdrawals and recoveries of domestic currencies and the amount of withdrawals and recoveries. However, for non domestic currencies, there are no restrictions on the number of withdrawals and withdrawals, regardless of the number of withdrawals and withdrawals, and there is no limit on the amount of withdrawals and withdrawals. The maximum number of withdrawals and withdrawals is 10 times a day, and the maximum number is 24

At this point, Tang Qing also understands the meaning of the system. No matter how you want to carry out this risk-free arbitrage transaction, you can't get around exchanging foreign currency with the system. As long as the system controls the number of times, then this kind of behavior is controllable.

Think about it. In today's information age, if there is no limit, millisecond level transactions can be carried out. A transaction earns 5%. In one day, you will be the richest man in the world. In a few days, the global wealth will be your own. How can there be such a big loophole.

However, this is only a form of exchange rate under extreme conditions. No one just stuck at 8.51, and now there is only US dollar, so the profit will not be so high.

He remembers that until his rebirth, RMB was not freely convertible. A student of his own ran to the bank ten times a day to exchange foreign currency. This goal was too big. Even if he used account trading, this goal should not be too obvious.

In the future, he is going to study the real world currency trading rules to see if there are any methods that can not attract people's attention and can trade a large number of money. After all, the fields are different. In his previous life, he was just a runner. He didn't know much about the trading rules in the financial field. At most, he knew a little about stock futures, which is useless.

Although it can't play a big role in a short time, this function will be of great use in the future, not to mention the growth of our own assets. Once more currencies are unsealed, there will be a big interest rate spread in the view of currency. The combination of the two interest rates will make us crazy.

Even if you can do investment funds and so on, and absorb billions of other people's funds to do this kind of arbitrage transaction, you can make crazy money. But now you'd better be careful. It's certainly risky to play like this.

In the era of big data, abnormal trading accounts are expected to be promoted to the key monitoring target immediately. He has to think about how to operate. It's still early. No one will believe that he will give his money, and he is not interested in making money with other people's money.

Although the function of the system is a bit crazy, he likes it. It's just like a banker.

No, there's a high price round. What do you mean?

So Tang Qing asked the question again.

The system gives an answer. Rounding high price means that which currency is of high value, the system will set it as one in exchange rate. Currencies with low value are displayed in proportion. For example, the exchange rate of US dollar and RMB is displayed in the form of one to eight.

Tang Qing is not clear about the current US dollar exchange rate. Looking at the system, the ratio is obviously below 8.5. The system will round the RMB with a lower value by eight. Otherwise, on the other hand, if the ratio is 1:0.125, the rounding will become 1:0. How can that be possible.According to the algorithm of the system, Tang Qing found that if the difference between rounding and RMB is too large, there will be no profit. For example, the Korean won is worth more than 100 yuan, and the proportion of rounding 100 digits is too small to be ignored. Unlike the US dollar, rounding is at least 1% of the profit. The closer the currency is to RMB, the higher the arbitrage value is.

Therefore, in his view, all Korean and Japanese yen are rubbish and have no arbitrage value.

"By the way, what about Hong Kong dollar and Taiwan dollar?" At this time, Tang Qing thought of another problem, that is, the two currencies are strictly different from RMB, but they are the same country.

"A sovereign state has only one form of currency in the system. The Hong Kong dollar and the Taiwan dollar belong to the subsidiary currency of its own currency. They only provide recovery services, but not withdrawal and transfer services."

Tang Qing nodded. Generally speaking, these two currencies are only allowed in and out. Although this setting is a little inconvenient and even strange, he didn't think much about it, and he didn't bother to ask why. Now I'm confused enough. I don't care about others.

In the box, Tang Qing's heart can't be calm for a long time. Although it seems that he can't make much profit now, his goal should be long-term. By then, the era of opening an international account and arbitrage among various currencies is not far away.