Rebirth of the Financial Overlord

Chapter 487: The Vulnerable Bank of England

at the same time.

Canary Wharf, One Canada Square.

William held the newspaper in his hand, and his face was full of uncontrollable excitement. Since Old Brook had made a choice, it meant that everything was really possible. It was as if a poisonous insect was biting his heart, and the feeling of exploding made him eager to put the newspaper in the fax machine.

Not long after, the phone on the desk rang.

William. I saw the fax. Congratulations. This bowl of soft rice looks good.

BOSS. Can I change the word?

Okay then. Get hard then, and now, give me a pound.

With Shen Jiannan's permission, William jumped up from his chair excitedly, and hurried into the office of the technical department.

Kevin Mitnick was looking at the computer and didn't know what to do. A series of English letters flashed across the computer screen. For William, an idiot who can only turn on and off the computer, it is like a book.

However, this does not affect William's admiration and admiration for Kevin Mitnick. He was able to win Sasha Brook's heart, largely because of the help of Kevin Mitnick.

A copy of Sasha Brooke's hobbies, a copy of her mobile phone number, and a copy of the call partner in her call log.

According to this information, William got to know Sasha Brooke's good friend, and spent another five thousand pounds to get a phone number that was just one digit away from her, and fate came.

Of course, Sasha Brook didn't know anything about it.

She even hates Kevin Mitnick a little bit, who stays in the office like a weirdo every day, not at all like William, who is humorous and considerate.

Hi. William, what's the matter?

Kevin. We're going to attack the British pound, can you help me hack the Bank of England server?

Kevin Mitnick shrugged: You know, it's definitely not possible. Tell me, what can you do with me?

Ha! It's nothing, I just want to ask you to confirm, our one-click shooting, the maximum tolerance range of the central server, I don't want to smoke our own server first.

This problem, if it is safe, you can set the transaction volume of 30 transactions per second for all traders. If it is larger, I cannot ensure that all data flows into the exchange's server, which will cause lag.

OK!

It's getting late, I'm off work first. Goodbye.

Bye-Bye!

With Kevin Mitnick gone, William walked into the trading desk and sat in the central trading area full of excitement.

clap clap -

Guys. Cheer me up.

Pairs of eyes suddenly looked at William with excitement. From his excited look, who could not know what he was going to do.

Sure enough, William didn't give a damn, and roared like a madman.

Are you ready to take down the Bank of England? Now, fuck them assholes.

bang bang bang—

All the hearts were beating wildly, especially the traders who followed from China, their faces were all red with excitement.

What is the Bank of England?

It is the central bank of the Kingdom of Great Britain and Ireland. It is an ancient bank that existed in the empire when the sun never set. It is recognized as the most powerful central bank in the world.

Even the major note-issuing banks in Hong Kong are subject to the constraints of the Bank of England.

It represents the sovereign credibility of the entire empire on which the sun never sets.

That is the empire on which the sun never sets. It owns many colonies all over the world and robbed countless wealth. Steel armored iron boats blasted open the gates of China. The opium poisoning really plundered countless wealth. It invaded the imperial capital and occupied Hong Kong by force. Nearly a hundred years.

but now.

The beating heartbeat shocked many traders, who were all blue and blood red, staring at the computer screen like hungry wolves, waiting for William to give an order.

William was just as excited, breaking down the Bank of England, which he never even dared to dream about in the past.

Back then, his father was beaten to death by that British guy, and he went to the police station. Instead of dealing with it, the police station scolded his father for not provoking the British. William will never forget the pain and humiliation in his life.

Forcing himself to calm down, William opened the chart of the pound to mark exchange on the trading software.

Since the UK joined the ECU at the latest, the pound has continued to rise since 1990, and has been a long-term bullish trend in the main trend for as long as two years.

At one point, the exchange rate between the British pound and the Mark was raised to 2.9585, showing an obvious bullish trend.

For ordinary traders, the rising time of up to two years is undoubtedly a good opportunity to short.

In fact, it is not, because in terms of probability, there is only one highest point. Anyone who has rich professional trading knows that guessing and touching the top is no different from catching bullets with your hands.

But precisely, the bullets held by professional traders are the biggest boost any capital needs, because the size of the positions held by traders is like a stream flowing into a torrent.

They are part of the general trend.

And trading is another game of war. Whoever leads the wrong trend will have to die.

When the momentum is like a rainbow, no one can stop it, and when the army is defeated, it is like a mountain falling.

After carefully calculating the psychological defense line of bulls formed by technology, William found the offensive point needed for tactics. If he wants to change the current trend of the exchange rate between the British pound and the Mark, he must erase all the gains last week and create a super negative line. , to defeat the will of the bulls.

Little San. Open 30,000 contracts at the current price, six in a single transaction, and two-way positions.

Daniel. 2.9285, create 10,000 contracts.

Jason. I leave the spot market to you. I want the Bank of England to have no chance to respond.

.

night, already deep.

Wall Street in late autumn is damp and cool, making people feel that winter is not far away.

Under the night, George Soros was completely free from the fatigue and tiredness that an old man should have. He stared at the foreign exchange trend chart on the computer with bright eyes.

He has an indescribable intuition that today will be the best time to attack the pound.

Two years, two full years.

When Britain joined the ERM in 1990, Soros was waiting. In his view, the UK has made a mistake because the ERM requires members' currencies to be pegged to the Deutsche mark.

However, the British economy is not strong. Adding ERM is tantamount to linking the UK with the unified Germany, the strongest economy in Western Europe, and the UK will have to pay for it.

A unified European currency unit is very unfavorable to the return of capital, which will never be allowed.

The British, however, did not seem to realize the seriousness of this problem, and this is undoubtedly an opportunity to make a fortune.

Although the empire on which the sun never sets is gone, the heritage of Britain is undoubtedly still rich. There are few countries in the world that are richer than Britain.

To stay in the ERM, the exchange rate of GBP/DM needs to be maintained above 2.7780. Germany is in a cycle of higher interest rates. Although the depreciation of the Italian lira has made Germany choose to make a concession, it is only a small step.

Judging from the standpoint expressed by Schlesinger, neither he nor Cole wanted the Deutsche Mark to disappear. Therefore, even a rate cut will only be temporary.

Rubbing his chin habitually, George Soros smiled.

Now, the Bank of England's cards are on the table.

Exchange rate controls are implemented to forcibly prevent the outflow of capital, but in the UK's environment, if controls are really implemented, all the cabinets up to Major can step down.

There is no hard way, there is only soft way, raising interest rates for a long time, and using monetary policy to prevent capital outflow, but this is also impossible. With the current real estate and securities in the UK, long-term high interest rates, the economy will collapse soon.

Then the UK has only two cards to borrow money and raise short-term interest rates.

Suddenly, dense numbers flashed on the computer screen, numbers that were so fast that the eyes could not see them, and suddenly turned into a sea of ​​numbers, just like the handicap of the British exchange mark.

2.9285 Buy 6

2.9285 sold 6

2.9282 buy 6

2.9283 sold 6

What's going on with Nima?

George Soros looked stunned. Such a large transaction volume means that there are funds to start. What does it mean to be double-opened?

But in an instant, he realized something was wrong.

All of a sudden, sterling's high-frequency shocks plunged in a straight line like a waterfall.

2.9203 sold 6

2.9185 sold 6

2.9163 buy flat 6

2.9103 sold 6

2.9058 buy flat 6

If you want to live a decent life, you have to have a little green on your head.

Looking at the trading market that turned into a sea of ​​red numbers on the screen, Soros had a feeling that he was greened by others, but he could only accept it.

The number 6, in the market, can only represent that the bastard from the east made a move, but that guy took away the honor that should belong to him.

However, he could only endure it.

Damn bastard. Where did it come from, and why has it been unknown before.

London, House of Commons Chamber.

The quarrel between Norman Lamont and Pound Brook also reached a fever pitch, but for a while, no one could convince the other.

“But what if? I think we’re missing a very important point, the speed of the internet and the convergence trading has made the market completely different than it used to be, which has never happened before. Like Finland, Spain and Italy. God. , It’s unimaginable that the turnover of tens of billions of dollars in a single day.”

So what, no one understands the Internet and computers better than me, too much data will cause the server to freeze, and its maximum transaction limit is within my expectations

boom--

The closed conference room was suddenly pushed away from the outside, and a young man in his thirties rushed in in a panic. Norman Lamont seemed to have been stepped on his tail, and slammed at the person who came. scolded.

Rowan, don't you know I'm in a meeting?

My lord, it's not good, the pound has fallen below 2.7950.

What are you talking about? It's absolutely impossible!

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