Chapter 517: The secret behind the London gold market (2/2)
In any business in the world, there will always be the biggest bookmaker.
Just like the world's silver futures, the silver futures traded through Morgan, a market maker, account for most of the world's share. There are even rumors that Morgan is behind the silver trading.
Gold futures also have market makers, and behind the London gold market in this era, there are four market makers.
They are the British HSBC Group, Rohschild International Investment Bank, Scotia Bank of Canada and Deutsche Bank.
In addition, a large sales network formed by companies that are recognized as qualified to buy gold from them, and then extended to various processing manufacturers, small and medium shops and companies, has become the London gold market.
At present, the only remaining founding member of the London Gold Futures is the Roshill International Investment Bank, which belongs to the Roshill family of the United Kingdom.
It was the Rothschild family that was once known as the Sixth Empire, and the folk translation was the Rothschild family.
After entering the 21st century, the Internet era began to emerge. The Rohill family continued to dive deeper, and left hand to right. The Barclays Bank, which was controlled by their family, came forward to acquire Rohill International Investment Bank and replaced it as The London gold market maker.
Among the current four major market makers, Roshill International Investment Bank is a private company of the Roshill family, Scotia Bank of Canada has inextricably linked relations with the Roshill family, and the HSBC Group is even more so. The family secretly holds part of the equity.
Only Deutsche Bank, because of the mustache, caused the Roshir family to be discharged, which had little impact.
But despite this, it is enough to see the influence of the Rohill family on the London gold market.
Although the London gold market is very large, there is a limit. The Lohill family cannot find out if the funds are too small, but if the amount of funds is too much, it is difficult to guarantee that they will not be discovered.
If discovered by the Roshir family, although Xia Yu cannot be prevented from making money in the face of the general trend, it will be impossible for Xia Yu to develop secretly in the future.
The Rothschild family knew about Xia Yu, so the entire Great Britain and even large Western families would put Xia Yu in their eyes. Xia Yu didn't want this to happen when his strength was not strong enough.
A yellow-skinned person is jumping around in the white supremacy Western world, cutting their flesh and grabbing their cakes, but they don’t have any contacts. This is the rhythm of not wanting to live!
Everything must be done in moderation. Xia Yu deeply understands this truth, especially when there is no backing behind, and when staying under the roof of others, you must keep a low profile.
One billion U.S. dollars leveraging five times the leverage is five billion U.S. dollars, and then adding more than one billion U.S. dollars that may enter the market, the total capital is more than six billion U.S. dollars.
Putting it on the London gold market is considered a large sum of money, and it takes a lot of money to solve the problem safely later.
Of course, these things Xia Yu considered, Liu Xiao and others did not know, they had not reached the height of knowing these inside stories, so Xia Yu did not tell them, lest they think too much.
When they knew it, without Xia Yu telling them, they could learn the information from other channels.
”This action, everyone will go together!”
No longer thinking about it, Xia Yu told everyone~ ”
Everyone responded in unison.
”Do you have any questions?”
Xia Yu glanced over, everyone shook their heads, he nodded slightly, and continued to order: ”That's it. You leave immediately and go to the UK first. I will be two days late.”
”Liu Xiao, you will take the lead when you go to the UK. Take the time to act immediately. If you have any problems, you must report to me as soon as possible!”
Xia Yu exhorted Liu Xiao with a serious expression.
Liu Xiao nodded solemnly and said, ”Understood!”
”The meeting is over!”
Xia Yu waved his hand, and the meeting was over. He didn't stay too much to work on other things.
Before going to the UK, he still has one very important thing to do, which involves his current and future foundation in Hong Kong.