Chapter 84 (1/2)

He just thought about this model for a long time before he got through the logic. It's the most brain burning model of money.

His arbitrage model is simple.

For example, the international exchange rate of the euro to the US dollar is 1:1.3668. After rounding the internal exchange rate of the system, the exchange rate of RMB to the US dollar is 8:1, and the exchange rate to the euro is 11:1.

You can open an account in the international free foreign exchange market, or open several more accounts.

Share the regulatory risk.

If you have 11 million yuan, you can exchange one million euros through the system.

Then take this one million euro to exchange it with others for us $1.3668 million, and finally exchange it back to the system?

It's simple.

Just multiply it by eight, and it will come to 10.93 million.......

Nearly 70000 yuan was lost.

Ha ha.

Of course, no one will do this kind of business. Tang Qing is not stupid.

But what if the reverse?

Eleven million yuan.

Within the system, you can exchange US $1.375 million by 8:1, and then exchange it back to euro by 1.3668 internationally, and get one million euros and the remaining US dollars.

The net income is $8200.

The next trading profit is nearly 0.6%.

Even after deducting the possible transaction costs, at least 7000 US dollars of profit should be calculated.

In that case.

Ten times a day system access restrictions, which is nearly 70000 dollars in profits.

It doesn't seem like much.

What if it's 10 million euros at a time?

A day's income of at least $700000 is equivalent to a profit of 5.6 million yuan.

And what about a month?

Come on!!

At this point, Tang Qing suddenly sat up, his eyes full of shock.

As long as we have 110 million yuan.

You can earn in a month...

168 million.

Shit!

Shit!

Shit!

Crazy!

Tang Qing's heart beat so fast that his watch was about to explode.

It's more than a windfall. It's money.

Moreover, it is still calculated according to simple interest. If the earned money is invested in according to compound interest, then the profit is likely to reach 200 million yuan.

Mamma Mia.

More than 200% of the profits.

It's crazy!

And it's still a conservative situation.

The first point is that the exchange rate between the two currencies will not change in a short period of time.

Tang Qing checked that the international exchange rates of the two currencies are more than 0.2 now. They will not change significantly for at least one month, but they should not change within the system for at least half a year.

Why?

Because even if the RMB falls below 8 against the US dollar, as long as it is above 7.5, the exchange rate within the system is one to eight.

So is the euro.

More than 10.5 is based on one to eleven. Such a big slump will take at least several months or even longer.

And he knows one thing, the dollar has not been high against the euro, 1:3.6668 has been very high.

Even in 2007, it was at most 1.37.

So the profit of one trade may be a little lower than this in the future, but at least it will be made in a year or two.

And it's just the euro to the dollar. What if you're four?

What currency will be opened?

At that time, the arbitrage profit of the US dollar against the euro will be reduced. It's a big thing to move on to the next one.

Even if one of the newly opened currencies is above the whole number and the other is below the whole number, the profits are likely to double again.

No matter how successful he is in arbitrage, no one can stop him from making money.

Shit!

Tang Qing couldn't help but think of another word.

Can the system be more powerful?

Banking system!

What a name!

It seems that it's not far to become a billionaire. At this speed, it shouldn't be too hard to get into a few hundred million before the college entrance examination.

However, he is going to earn this money in the next year. He will make a profit in the stock market first.

At that time, it's OK to open or buy a secret account of a foreign bank. Anyway, he doesn't want to have any relationship with himself.

The other day, he asked about the account bound by the system. The system told him that the account bound by the system could be monitored and frozen by the outside world.

But.

Without Tang Qing's consent and system operation, it is impossible for others to transfer a dime.

And even if it's frozen.