Vol 5 Chapter 84: The vulnerable Bank of England

at the same time.
CanaryWharf, OneCanadaSquare.
William was holding the newspaper in his hand, and his face was full of uncontrollable excitement. Now that Old Brook had made a choice, it meant that everything was really possible. It was like a poisonous insect biting the heart, and the feeling of exploding made him impatient to put the newspaper in the fax machine.
Before long, the phone on the table rang.
"William. I saw the fax. Congratulations. This bowl of soft rice looks good."
"BOSS. Can you change the word?"
"Okay, then. Harden, now, blow me up."
With Shen Jiannan's permission, William jumped up from his chair excitedly and hurried into the technical office.
Kevin Mitnick is facing the computer and doesn't know what is playing. A series of English letters flashes on the computer screen quickly. For William, an idiot who can only turn on and off, is no different from the heavenly book.
However, this does not affect William’s admiration and admiration for Kevin Mitnick. He was able to gain 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 person she was talking to in her call log.
Based on this information, William got to know Sasha Brook's friend, and spent five thousand pounds to get a phone number that was one digit short of her, and fate came.
Of course, these Sasha Brooks had no idea.
She even hated the guy Kevin Mitnick a little bit. He stayed in the office every day like a weird person, not at all humorous and considerate like William.
"Hi. William, what's the matter?"
"Kevin. We are going to attack the pound, can you help me hack the Bank of England server?"
Kevin Mitnick shrugged his shoulders: "You know, it must be impossible. Come on, what can I do?"
"Ha! It's nothing, I just want to ask you to confirm that our one-click shooting is the maximum range that the central server can withstand. I don't want to smoke our own server first."
"This problem, if you are insured, you can set the number of transactions per second for all traders. No matter how big it is, I can't ensure that all data flows into the exchange's server, which will cause lag."
"OK!"
"It's getting late, I'll get off work first. Bye."
"Bye!"
With Kevin Mitnick leaving, William walked into the trading department and sat in the central trading area full of excitement.
Papa--
"Guys. All cheer me up."
A pair of eyes suddenly looked at William with excitement. From his excited look, no one knew what to do.
Sure enough, William didn't sell anything, and roared like crazy.
"Are you ready to defeat the Bank of England? Right now, blow up their chrysanthemums for me."
Bang bang bang--
Hearts were beating wildly, especially the traders who came with them from China, their excited faces were all red.
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 age of empires before the sun sets. It is recognized as the most powerful central bank in the world.
Even the major note-issuing banks in Hong Kong have to be restricted by the Bank of England.
It represents the sovereign credibility of the entire empire that never sets.
That's an empire that never sets in the sun. It has many colonies all over the world and robs countless wealth. Steel armored iron ships blasted the gates of China. The opium poisoning really plundered countless wealth, entered the imperial capital, forcibly occupied Hong Kong, and drew blood from Hong Kong. Nearly a hundred years.
But now...
The heartbeat like a drum shook many traders blue and red, staring at the computer screen like hungry wolves, waiting for William to give instructions.
William was just as excited and unable to break the Bank of England. Before this, he didn't even dare to dream such a dream.
Back then, his father was beaten to death by the British guy and found the police station. The police station not only didn't deal with it, but instead scolded his father that he should not provoke the British. William will never forget the pain and humiliation.
Forcing himself to calm down, William opened the chart of pound to mark exchange on the trading software.
Since the UK joined ECU at the latest, the pound has been rising continuously since 1990, and the main trend has been a long-term long-term trend, which lasted for two years.
At one point, the pound to mark exchange rate was pulled up to 2.9585, showing a clear bullish trend.
For ordinary traders, the rise time is as long as two years, which is undoubtedly a good opportunity to short.
In fact, it is not, because in terms of probability, there is only one point with the highest point. Anyone who has a wealth of professional transactions knows that there is no difference between guessing and catching bullets out of thin air.
But precisely, the bullets held by professional traders are the biggest boost that any capital needs, because the scale of positions held by traders is like a stream flowing into the torrent.
They are part of the general trend.
And trading is another game of war. Whoever leads the wrong general trend can only die.
When the momentum is like a rainbow, no one can stop it, and when defeated, it is like a mountain falling down.
After carefully calculating the long psychological defense line formed by technology, William found the offensive point needed for tactics. If he wants to change the current trend of the pound exchange mark, he must erase all the gains last week and create a super negative line. , To defeat the will of the bulls.
"Little three. Open 30,000 contracts at the current price, with six single transactions and two-way positions."
"Daniu. 2.9285, establish 10,000 contracts."
"Jason. I'll leave it to you at the spot market. I want to let the Bank of England not respond."
"..."
The night is already deep.
Wall Street in late autumn was damp and cool, which made people feel that winter is not far away.
In the night, George Soros did not have the tiredness and fatigue that an old man should have, his eyes shining brightly and staring at the foreign exchange chart on the computer.
He has an indescribable intuition that today will be the best time to snipe the pound.
Two years, two full years.
When Britain joined ERM in 1990, Soros was waiting. In his view, Britain made a mistake because ERM requires that the currencies of member states must be pegged to the German mark.
But the UK’s economy is not strong. Adding an ERM is equivalent to uniting the UK with the strongest economy in Western Europe, Germany, and the UK will have to pay for this.
A unified European currency unit is very unfavorable to the return of capital, which is never allowed.
The British did not seem to realize the seriousness of this problem. This is undoubtedly an opportunity to make a fortune.
Although the sun never sets, the empire is no longer there, but the British heritage is undoubtedly rich. There are no countries in the world that are richer than Britain.
To stay in the European exchange rate mechanism, it is necessary to maintain the pound to mark exchange rate above 2.7780. Germany is in a higher interest rate cycle. Although the depreciation of the Italian lira made Germany choose to back down, it is only a small step.
From the standpoint of Schlesinger's performance, neither he nor Cole wanted the Deutsche Mark to disappear. Therefore, even the rate cut will only be temporary.
Rubbing his chin habitually, George Soros smiled.
Now, the cards in the hands of the Bank of England are on the bright side.
Exchange rate controls are carried out to forcibly prevent the outflow of capital, but in the British environment, if it is really controlled, the cabinet can all step down until Major.
The hard thing is not good. The only thing is soft. Long-term increase of interest rates and monetary policy to prevent capital outflows are also impossible. With the current real estate and securities in the UK, long-term high interest rates, the economy will soon collapse.
The only thing the UK has to do is to borrow money and raise short-term interest rates.
Suddenly, dense numbers of numbers flashed on the computer screen, numbers that were almost invisible to the eyes, all of a sudden, like the British exchange mark, it became a sea of ​​numbers.
2.9285 Buy 6
2.9285 Sell 6
2.9282 Buy 6
2.9283 Sell 6
...
What is the situation with Nima?
George Soros looked dumbfounded, such a large volume of transactions meant that there was money to start, but what does Nima mean?
But in an instant, he realized something was wrong.
Suddenly, the trend of the high-frequency shock of the British pound plunged like a waterfall.
2.9203 Sell 6
2.9185 Sell 6
2.9163 buy flat 6
2.9103 Sell 6
2.9058 buy flat 6
...
If you want to live well ~EbookFREE.me~ you have to have a little green on your head.
Looking at the trading handicap that turns into a red digital ocean on the screen, Soros has a feeling of being green, but he can only accept it.
The number 6 in the market can only mean that the Eastern has taken a shot, and that guy has taken away the honor that should belong to him.
Unfortunately, he can only endure it.
"Damn bastard. Where did it come from, and why it's been unknown before."
London, House of Commons meeting room.
Norman Lamont and Pound Brook's quarrel also reached a fever pitch, but for a while, no one could convince anyone.
"But what if? I think we have overlooked a very important point. The rapid transactions on the Internet have made convergent transactions completely different from the past. This has never happened before. Just like Finland, Spain and Italy. God. , A single day turnover of tens of billions of dollars, this is simply unimaginable."
"So what, no one knows the Internet and computers better than me. Too much data will make the server freeze, and its maximum transaction limit is in my expectation..."
boom--
The closed conference room was suddenly pushed aside from the outside, and a young man of about 30 rushed in in a panic. Norman Lamont seemed to have been trampled on his tail and screamed at the incoming person. Up.
"Rowin, don't you know I'm in a meeting?"
"My lord, it's not good, the pound fell below 27950."
"What are you talking about? This is absolutely impossible!"