Chapter 30 The System Is Crazy (Recommendation!)

November 3rd.

September 21st of the lunar calendar.

It is advisable to travel.

yesterday afternoon.

While waiting for news at the hotel.

Tang Qing had already contacted the clients recommended by the system this month. Like Zhang Dongqing, Tang Qing immediately agreed to meet today when he heard that the interest rate was extremely low and the conditions were favorable.

As for what the other party is doing.

Tang Qing didn't ask much.

Then you will know.

The content of this mission is almost the same as last time, but the place for the dinner party has changed to my own restaurant.

Li Jianguo also knew at this time that Tang Qing also operated other loan businesses.

His own restaurant has become a place for negotiation. The shrewd Li Jianguo thinks that this is equivalent to having regular customers. Tang Qing is nothing, but those who need loans are basically bosses.

These people have many friends.

Consumer entertainment is also more.

The network of relationships is complex. With Tang Qing as a link, this network will become larger and larger, and the number of people will increase.

Think about this.

Li Jianguo had already approached Tang Qing.

Let him tell the other party that he will take care of the business of the hotel in the future.

Li Jianguo believes that within a year, the business here will definitely rise to a higher level, not just a step. When it becomes bigger and stronger, it will be possible to open a larger storefront. . . earn more money. . .

The logic is tight.

Simply perfect.

Seeing Tang Qing in school uniform, he thought he had encountered a liar, but looking at the bag of cash and the professionally messed up contract dispelled his doubts.

Still the same.

Sign contracts, verify capital, and write receipts.

Then there is the necessary information investigation. Now Tang Qing is very familiar with doing these things, and he can get it done quickly. In addition, the other party is also anxious, so he hurriedly ate lunch and then checked out and left.

After signing the contract.

Tang Qing was not in a hurry to go back to school.

Instead, write a risk assessment report.

He was eager to see what changed in the secondary system right away.

Tang Qing, who had experience, finished writing this time in only ten minutes. After reporting it to the system, Tang Qing immediately felt his body warm, the same feeling as when he obtained Origin Qi last time.

But this time it lasted for nearly twenty seconds.

Tang Qing closed his eyes and recited his personal information:

Host Name: Tang Qing

Level: Level 2

Experience: 0/200

This month's loan amount: 30/500,000

Personal quota this month: 20/200,000 (It has been overdrawn until the end of December.)

Withdrawable assets: 210,000

Spirit: 51+40

Constitution: 49+40

Origin Qi: 40

Convertible foreign currencies: US dollars.

The system has changed a lot.

Except for the twenty-point Origin Qi reward.

And beyond 200,000 RMB, that is the option to convert foreign currency, and then there is no such thing. From personal information, he really did not see how much the secondary system has changed.

"Is there any new function in upgrading to the second level?"

"The secondary personal account has opened 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 questioned.

"The system's personal account is settled in the national currency, which will not change. In the future, no matter what currency is recovered, the system will be forced to automatically convert to the national currency, and the exchange rate will be rounded up according to the current international exchange rate.

Hearing this, Tang Qing understood a little.

That is, no matter what money is received.

are automatically converted into the local currency.

But when you extract it, you can choose all the currencies that have been opened. As for the rounded exchange ratio, it is easy to understand. Tang Qing, who is accustomed to the system's rounding ability, doesn't think it's a big deal.

In general, the second level has opened the recovery and exchange function of specific foreign currencies.

Tang Qing, who thought there would be a new function of Niucha, was a little disappointed.

"I thought there was a surprise, this function. No... I'll wipe it..."

Tang Qing, who seemed to think of something, immediately stood up from the chair, his face full of shock.

What is this function for?

Of course use it.

Rounding.

The exchange rate is rounded up.

Isn't that a risk-free arbitrage?

Risk-free arbitrage, as the name suggests, is the arbitrage of profit without risk.

Take a simple example.

Assuming that the US loan interest rate is 3%, and the domestic interest rate is 6%, then why not borrow the US money to lend to domestic enterprises, and there will be 3% of the arbitrage profit in the middle.

There is no risk at all.

certainly.

This is just an assumption, easy to understand, there are a lot of transaction costs and other complex things involved in the actual operation, and the profit is not so high.

But what transaction costs does the system have?

Absolutely not.

What is the complex process of the system?

nor.

Currency exchange can be completed instantly within the system.

Suppressing the excitement in his heart, Tang Qing wanted to confirm again, this can't be ambiguous:

"System, do you mean that I can freely convert at the rounded exchange rate?"

"Yes, but the number of exchanges per day is no more than ten times, and there is no quota limit." The system replied.

confirmed by the system.

Tang Qing also put his mind at ease. He was afraid that he had misunderstood just now and would be happy for nothing. As for the ten restrictions, Tang Qing automatically ignored it. The interests involved are too huge.

Make an analogy.

Suppose that in reality, one dollar can be exchanged for eight yuan and fifty-one yuan.

However, if it is rounded up within the system, it can be exchanged for nine yuan, and if the nine yuan exchanged is withdrawn, he can go to the bank and directly convert it into one dollar at the rate of eight yuan and fifty cents.

A net profit of 49 cents in the middle.

It doesn't seem like 49 cents, but if the number is as large as 10 million, and 10 million US dollars, then he can make a net profit of 4.9 million yuan, nearly 5% of the risk-free profit.

This is so crazy.

This is still a relatively large exchange rate between the RMB and the US dollar.

What if it was 1:51?

That deal netted a quarter, $2.5 million.

And this time can even be shortened to a few seconds in the account. In a few seconds, the money will make a quarter of a circle in the account, and one time will be 25% of the profit.

Ten compound interest calculations.

——

triple the profit.

Thinking of this, Tang Qing swallowed.

The news was so shocking.

Just crazy about this system.

If the exchange ratio is 1:8.49, then it’s not good to play directly in reverse, anyway, there is room for arbitrage.

"System, you're not kidding, I don't want to fail the tenth-level assessment." Tang Qing asked stammeringly, this is a money printing machine, okay, there is no risk at all. Make him really can't believe it.

"The risk-free arbitrage within the system is one of the main auxiliary functions of the system, and it is also a variant of the risk-free arbitrage between banks, but the target of the arbitrage is different, which is also one of the benefits of the system.

The system does not have any restrictions on the number and amount of withdrawals and withdrawals of domestic currency, but for non-domestic currencies, there are no restrictions on the number of times of entry and exit, but there is no quota limit. No matter the number of times of entry and exit, the daily limit is 10 times, and it is refreshed at 24:00 every day. "

Speaking of which.

Tang Qing also understood the meaning of the system.

No matter how you want to carry out such risk-free arbitrage transactions, you cannot avoid exchanging foreign currencies with the system. As long as the system controls the number of times, then this behavior is controllable.

Think about it too.

In today's information age.

If there is no limit.

It is completely possible to conduct transactions in milliseconds.

If you earn 5% from a transaction, you will be the richest man in the world in one day. In a few days, the global wealth will be yours. How is that possible? There cannot be such a big loophole.

In the future, he is ready to study the rules of currency trading in the real world.

To see if there is any way to make a large number of transactions without attracting attention, he was just an errand in his previous life, and he really didn't know much about the trading rules in the financial field.

At most, you will know a little about stock futures.

Not much use.

Although it doesn't work much in a short period of time.

However, this function will be of great use in the future, not to mention the growth of one's own assets, once more currencies are unblocked, then the currency view may generate a large interest rate difference, and the two interest rate spreads are combined.

Gee.

crazy.

You can even make an investment fund yourself, and absorb hundreds of millions of other people's funds to do this kind of arbitrage trade, but you should be careful now, there is definitely a risk in playing like this.

Big Data Era.

It is estimated that the abnormal trading account will be immediately promoted to the key monitoring target. He has to think about how to operate it. It is still early, and no one will believe that he will give him money.

And he has no interest in using other people's money to make money.

Although the system this function is a bit crazy.

But he likes it.

It's kind of like a banker.

wrong.

What is the meaning of high price rounding?

So Tang Qing asked this question again.

The system answered.

The high price rounding means that which currency has a high value, the system will set it as one in the exchange rate, and the currency with low value will be displayed proportionally, such as the exchange rate between the US dollar and the RMB.

The system displays it in the form of one to eight.

The current dollar exchange rate, Tang Qing, is also unclear.

Looking at the system, this ratio is obviously less than 8.5, and the system rounds up the RMB with relatively low value according to 8. Otherwise, it is 1 to 0.125 in reverse, and the rounding will become 1 to 0.

How is that possible.

According to this algorithm of the system.

Tang Qing found that if the gap with the RMB is too large after rounding, there will be basically no profit.

such as won.

A dollar is worth hundreds of dollars, and the percentage of rounding up to the hundreds is so small that it can be ignored. Unlike the US dollar, rounding up is at least 1% of the profit.

The closer the currency is to the RMB, the higher the arbitrage value.

So in his view.

Any Korean won or Japanese yen is garbage.

There is no arbitrage value.

"By the way, how to calculate the Hong Kong dollar and Taiwan dollar." At this time, Tang Qing thought of another question, that is, these two currencies are strictly different from the RMB, but they belong to the same country.

"A sovereign country has only one form of currency in the system. Hong Kong dollar and Taiwan dollar are both affiliated currencies of their own currency. They only provide recycling services and do not provide cash withdrawal and transfer services."

Tang Qing nodded.

In general, these two currencies are only allowed in, not out.

Although this kind of setting is a bit inconvenient and even a bit strange, he didn't think much about it, because he didn't bother to ask. Now that my mind is confused enough, I don't care about other things.

In the box, Tang Qing's heart could not be calm for a long time.

Although it does not seem to generate much profit now.

But the goal is to look at the long-term. When the time comes to open an international account, the era of arbitrage money between various currencies is not far away.