I was the emperor in the Ming Dynasty

Chapter 421 Credit Rating
"The reason why I know so much news is because I have a cousin who works in the exchange, and he actually told me all the news about me.

If you sincerely want to find a good deal to do, I really have a way here, but I don’t know if you have the guts to do it! "

The ears of the others perked up instantly, and they quickly said,
"Brother Zhang, tell me quickly, as long as it can make money, we will not refuse anyone!"

"Then you guys are going to be fine, according to my cousin, there are actually only two people who mainly snap up cotton these days.

One of them is very mysterious, no one knows who he is, but he has very strong financial resources.

And the other one is the famous Langya Wang family. This Wang family is a powerful family that has been passed down for hundreds of years. One who can earn as much as such a big family must be a big man. "

Several people immediately exclaimed when they heard the Wang family,

"What, those people are actually members of the Wang family, I heard that right!"

"What a fuss, what's so great about the Wang family, the capital is full of officials, princes and nobles everywhere, just a mere Wang family..."

Someone sneered and said,

"Dare to ask what family and family Xiongtai is from!"

The man was speechless immediately.
"I'm just a commoner..."

"Tch, then you are so arrogant, go ahead, Brother Zhang, continue talking!"

The person surnamed Zhang nodded and continued,
"According to my cousin, the two of them are robbing cotton almost at any expense this time, and the purchase volume is astonishingly large. According to his estimation, this state will last until next month at least. Until we know."

When everyone heard that it would last until then, their hearts immediately became warm.

"Brother Zhang, what you just said is not an exaggeration, is it true that their confrontation will continue until next month?"

"It's natural, my surname Zhang has never told a lie!"

"If this is true, then it's a godsend opportunity. If we can go to other places to make a lot of purchases, wouldn't we be able to earn twice as much money as usual when we transport them back to the capital?"

"Exactly, and that's why I'm willing to talk to you guys about this matter."

"Although my Zhang family has a few large ships, they lack the money to buy bulky goods. If you guys are willing to cooperate with me, I will take care of all the ship matters."

The more they talked, the more excited they became, and the more they chatted, the more familiar they became, and they hooked up immediately.

"Choosing the day is worse than bumping into it. If you are quick, you are slow. Now that you have this rare opportunity, if you don't make a lot of money, you will be sorry for yourself.

Brother Zhang, if you can really handle the ship business, it’s better than buying and selling brothers, I’ll do it with you! "

"Me too, I'll go back and raise money!"

"Count me in, count me in!"

This is happening everywhere in exchanges.

A small business has limited energy, and it is simply not enough to cause any storms in it.

But when they come together, it's completely different.

The Wang family frequently entered and exited the exchange.

People who went in ran directly to the counter, opened an account and paid a deposit, and then began to wait for new sources of goods to be put on the shelves.

Those who went out ran directly to a tea house outside the exchange.

I don't know who built this teahouse, but anyone who has been to this teahouse is amazed at the unique insight of the owner of this teahouse.

This place not only has a quiet environment, but is also very close to the exchange.

Many people in the exchange spend half a day squatting in it, and it is inevitable that they will be hungry, thirsty and tired.

When taking a break, this teahouse becomes the best choice.

The tea house not only provides a variety of tea, but also offers some exquisite pastries. For those who need a short break, or have something to talk about, this place is simply specially prepared for them.

At this time, in a box on the second floor of the teahouse, a fair-skinned middle-aged man was listening to the reports of his subordinates with his eyes closed.

"Second Lord, the second batch of people has also entered the exchange, but although we have a large number of people, but because we are all newly opened accounts, the credit level is limited, and the transaction volume every day is very limited.

The other party doesn't know who it is, but they can still bite us tightly in this situation. "

This credit level was proposed by Li Tian only a few days after the exchange opened.

The so-called credit rating is the same as the sesame score in later generations, it is a guarantee of a person's credit.

The difference is that the credit level of the exchange needs to be gradually improved through one transaction after another.

Among them, if there is another record of default or delay, the reputation level will drop significantly.

Li Tian's original idea was to use this method to restrict someone from deliberately failing to fulfill the agreement.

But after gradually implementing it, he found that this method also has a great effect on anti-monopoly.

The higher the credit rating of an account, the higher its daily transaction volume and each transaction volume will be, and the credit rating will also affect the level of the margin.

The higher the credit, the lower the margin required for each transaction.

This is also one of the benefits of high credit.

Of course, this benefit is far more than that.

Like Sesame Points in later generations, accounts with high credit ratings can not only enjoy VIP trading privileges, but also get goods faster and at a lower price than others.

This credit rating is linked to the Royal Bank, and users with high ratings can also obtain a certain amount of credit loans from the Royal Bank by virtue of their own credit if they are short of money.

For some people, this can save lives.

However, the improvement of credit rating is also very strict, and it is not enough to have enough transactions and a large enough transaction volume.

Instead, it needs to go through various reviews and comprehensively determine that the owner of this account has good credit and asset guarantees before it will be promoted.

Since the exchange was founded by Li Tian, ​​even though there are anti-monopoly restrictions, he has a large number of accounts with high credit ratings in his hands.

When rushing to buy cotton, it still has an advantage.

So even if the Wang family tried their best to open a large number of accounts in the exchange, at best they could only draw with him.

The man called the second master didn't raise his head much, and still looked calm.

"The other party must have a large number of high-credit accounts, otherwise it would be impossible to beat us. Spend some money to find someone to find out who the other party is!"

The subordinates were a little embarrassed,
"Second Master, the exchange has taken very strict measures to keep the information of each merchant confidential. I'm afraid we won't be able to find anything!"

"If you don't try, how will you know? The account level of the other party is very high. It is impossible to be unknown in the capital. The person who can use such a large amount of money to snap up cotton with our Wang family must be quite big, and it is impossible to have no clues. "

(End of this chapter)