Rebirth 1980: Marrying my sister’s best friend at the beginning

Chapter 588 Broker!
Grimm Brothers. President's Office!
After Li Yi put away the contract, he immediately said: "Mr. Green, I am very happy to cooperate with your company. Now I want you to recommend a suitable futures broker for us!"

Futures brokers are a necessary channel for futures trading, and it is very important to choose a broker in futures trading. You must choose a legal and reputable futures broker for trading.

Otherwise, you may lose all your money by those brokers.

Before coming, Li Yi asked someone to inquire about the basic situation of the gold futures market here, and also had some understanding of the situation of these brokers.

However, he did not know how many Taoists had passed the information, and the accuracy was still open to question, so he wanted to hear Reggie Green's opinion. After all, he was a local snake, and he was also a professional.

After listening to Li Yunbao's translation, Reggie Green immediately said: "No problem, there are hundreds of futures brokers in the New York gold trading market. In terms of comprehensive strength, the strongest ones are Aaron Gold Merchant and Mok. Tower Metal Merchants, Sharp, Pixley & Co., and Phillips Brothers.”

"Among these four companies, Sharp Pixley has the best reputation. I suggest you cooperate with this company, but they are more cautious when cooperating with investors!"

"Don't be afraid, as long as you have good reputation and strong strength, can you help us make an appointment with the person in charge of their company?" Li Yi said.

"The person in charge is not easy to make appointments. With my ability, I cannot directly contact their CEO, but I can help you make an appointment with their investment manager!" Reggie Green said.

"Okay, then I'll trouble Mr. Green!" Li Yi said.

"No trouble, just wait a minute, I'll call over there right now!"

"it is good!"

Soon, Reggie Green's call ended, and he said directly to Li Yi: "Li, I have made an appointment with their investment manager Billy, and now you can go to Sharp Pixley Company to find him. , I’ll let George accompany you there!”

"thank you very much!"

Afterwards, Li Yi and others, accompanied by George, went to the Sharp Pixley Company not far away.
Sharp Pixley Company is also on Wall Street, but as a famous futures broker, their company is much larger than Green Brothers.

When Li Yi and others came here, Billy, the investment manager of Sharp Pixley Company, was already waiting for them in the office.

Although he had already learned from Reggie Green that the client this time was from Hong Kong, he was still a little surprised when he saw Li Yi and others.

The main reason is that these people in front of him are too young. Billy took a look and saw that there was not even one person over 40 years old in this team of seven or eight people.

And the person in charge of the team was even too young, he seemed to be under 20 years old!

"Mr. Li, I am very glad that you can choose Sharp Pixley Company. As the most powerful broker in New York, we can meet all your investment needs. Please trust us."

Before Billy could finish speaking, Li Yi interrupted him: "Mr. Billy, we naturally recognize the strength of your company. Now let's talk about the specific cooperation. We are planning to invest in the gold business. I don't know. How much financial leverage can your company provide us?”

"This depends on your qualifications. May I ask how much your company's deposit is?" Billy said.

"20 billion!"

"Hong Kong dollars or US dollars?"

"Beautiful knife!"

That's right, when he came to New York to short gold this time, Li Yi prepared 20 billion US dollars, of which 3.5 million belonged to Li Futiao, 1 million belonged to Lao Huang, and the remaining 15.7 billion belonged to Xingchen Company.

In order to maximize profits, Li Yi took out all the profits from the company's investment in gold plus the funds previously borrowed from banks, totaling 120 billion Hong Kong dollars.

He only left more than 20 billion Hong Kong dollars to the company, of which 16.8 billion was still prepared to be paid to the British Hong Kong government in taxes.

It's a pity that such a large sum of Hong Kong dollars can only be converted into US dollars due to exchange rate reasons at 15.7 billion.

But even so, when Billy heard Li Yi's words, he showed an expression of extreme shock.

If the US$20 billion is converted into Hong Kong dollars, that is a full 152 billion.

Who are these people in front of me? They spend such a large amount of money at once.

In view of this, Billy immediately said: "Can I see your information?" Financing requires preparing information, especially the situation of investors.

The broker can no matter what project you invest in, but it must investigate the investor's own situation, because whether they agree to the financing application and how much amount they can give are based on the investor's assessment.

"of course can!"

Li Yi had already prepared the information when he was in Hong Kong Island, including their company status, funding sources, asset certificates, etc., which was prepared for the brokers here.

After Billy took the information from Li Yunbao's hand, he immediately leaned on the table and read it.

The more I looked at him, the more shocked I became!

I just received a call from my good friend Reggie Green, saying that he would introduce a client to him. Although he agreed and expressed his gratitude, he didn't care in his heart.

The reason is that Green said that the other party is from Hong Kong Island, and in Billy's eyes, the only economic development in Asia is that of Tiaobenji.

In other places, it can only be said to be so-so, so he thought from the beginning that the other party was just an ordinary small customer.

Especially when he saw that the people who came were all young people with no hair, he became more determined.

But I never expected that these people in front of me would be so powerful, with a total of 20 billion US dollars in one move.

After the shock, Billy's heart suddenly became unstable, and his eyes looking at Li Yi and others became fiery.

This is 20 billion U.S. dollars. Once this cooperation is concluded, not only will he himself receive a large commission, but he may also be promoted to a real executive of the company.

Thinking of this, he said directly: "Sir, according to our company's regulations, ordinary customers can provide up to 1 to 3 times the financing amount. The annual interest rate of margin financing and securities lending is 8.5%-10.6%. The day of purchase and holidays are not included. There is interest, but interest needs to be calculated on the day of sale.”

"Mr. Billy, we are sincere in cooperating with your company, and we hope to see your company's sincerity. After all, large customers with 20 billion funds are not common!" Li Yi said lightly.

Billy gritted his teeth and said: "With my authority, the leverage can be relaxed to 5 times at most. You can operate tens of billions of funds with a margin of 20 billion, but you also know that this is very risky, and we must be strict. Set up liquidation”

Before Billy could finish speaking, Li Yi said again: "You don't need to explain these. I am very satisfied with the five times leverage. What is the financing interest?"

"I can help you lower it to 6% at most. Any lower than that is beyond my authority!" Billy said.

Li Yi thought for a while, and the annual interest rate of 6% was indeed not high.

Calculated based on 5 times leverage, their financing amount is US$80 billion. Calculated based on this annual interest rate, their daily cost of capital use is US$133 million.

This time they have to use it for about a month, which means that the cost of using the funds is almost 4000 million US dollars, which is less than what Li Yi expected in Hong Kong Island.

Thinking of this, Li Yi immediately said: "Okay, if there are no problems, we can sign the contract now!"

"So fast?"

"Is there a problem?"

"That's not true, but after all, the investment amount this time is quite large, and I need to report it to the management."

"for how long?"

"Two days!"

Li Yi looked at his watch and said, "I can only give you two hours. If there is no result within two hours, we will have to find other companies!"

"I'll try my best!"

Afterwards, Billy asked Li Yi and others to sit in his office for a while, while he hurried upstairs!
(End of this chapter)