Taking advantage of the market closure, Zack hailed a cab and leisurely made his way to the brokerage's branch office.
What a coincidence! The client manager who greeted him today was still the very masculinely named Stacy Jones.
"Working overtime?"
Zack casually threw himself into a chair and asked offhandedly.
Stacy obviously remembered this good-looking " rich second-generation" who had come half a month ago with millions in funds. She flashed a professional smile and said, "...Hello, Mr. Zack. Yes, we don't have weekends off here; we work in shifts."
Zack nodded in agreement. It was normal for service-oriented departments to work in shifts.
"What business do you need to handle today?"
"I need to repay the leveraged funds for the previous margin trading and settle the interest daily."
Zack leaned back in his chair and spoke calmly.
"Okay, please wait a moment."
Stacy's smile remained unchanged as she proficiently and swiftly began to process the transaction.
She thought to herself that Zack must have lost money using leverage; otherwise, he wouldn't have come to cancel the service so soon.
However, since Zack was still able to handle this transaction, it seemed he hadn't lost too much, at least not below the margin call line.
Otherwise, he would have been forcibly liquidated, and perhaps even his capital would have been lost.
As a client manager, she had seen many such cases. Many ambitious individuals came to increase their leverage and couldn't wait to cancel the service after just a couple of days.
These were people who knew how to cut their losses. Some gamblers only regret it after losing all their principal.
But looking at Zack's calm demeanor, it seemed he didn't care about losing money. This made Stacy even more convinced that he was a second-generation rich kid who wouldn't bat an eyelid at losing hundreds of thousands or even millions.
As she admired him inwardly, Stacy was stunned when she saw the data on Zack's account on the computer screen.
She counted carefully and confirmed that the number was indeed eight digits, not seven.
In other words, did Zack earn 60 million yuan in just half a month with a capital of 2.6 million yuan?
Shocking for a whole year? No, this was shocking for a lifetime!!
Seeing the client manager in a trance, Zack prompted, "...Is there a problem?"
"Oh, no problem. Please wait a moment."
Stacy came to her senses and quickly helped Zack process the transaction, visibly swallowing a mouthful of saliva.
"Mr. Zack, you previously used 2.6 million yuan for margin trading, leveraging a total of 5.2 million yuan."
"...The transferable amount of 5.2 million yuan and the interest have been deducted."
Stacy's smile trembled as she barely managed to say to Zack, looking at him like he was a monster.
There were 64.52 million yuan in Zack's account. After deducting 5.2 million yuan and the interest, there were approximately 59.3 million yuan left.
The interest in such margin trading was not low. With Zack leveraging 5.2 million yuan, the annual interest he had to pay was around 500,000-yuan, equivalent to over 1,000 yuan per day.
However, since Zack had only held the transaction for a few days before canceling it, the interest was not much.
This was how brokerages earned money. They earned interest and had a margin call line, making it a risk-free business.
Zack nodded slightly and, after completing this transaction, said, "...For the remaining funds, I plan to reopen the margin trading account, still using the previous leverage ratio of two times."
This was the second phase of Zack's plan.
The goal of his first phase, leveraging from 2.6 million to 7.8 million yuan, was actually to accumulate principal.
Now, after half a month, he had nearly 60 million yuan in funds and could finally play a bigger game.
Whether it was writing books or initially using leverage, it was all about accumulating principal. Even leveraging hundreds of millions of yuan this time was still about accumulating principal.
In the third and final phase, Zack had other plans!
Stacy gasped and quickly said, "...Mr. Zack, such a large amount of funds is beyond my authority to decide."
"...Please have a cup of tea and wait a moment while I go fetch our supervisor."
The client manager personally poured a cup of hot tea for Zack and then hurried back with her black stockings and high heels clacking against the floor.
Zack took a sip of the hot tea and suddenly burst into laughter.
It reminded him of something he had read in a Chinese textbook:
'Sit, please sit, please take the seat of honor; tea, please have tea, please enjoy the finest tea.'
Previously, with a million yuan in funds, although it was still a lot of money, there were many people with such capital. Therefore, this brokerage firm had dealt with him formally, regarding him as just a slightly well-off regular client.
Now that Zack was leveraging hundreds of millions of yuan, even if he was a retail investor, he was the top-tier retail investor. They were already treating him like a true VIP.
Shortly afterward, Stacy came out with a middle-aged man over forty years old. He quickly approached Zack, shook his hand, and invited him with a smile, "...Mr. Zack, let's go to the VIP lounge to talk."
Zack responded and walked towards the VIP lounge with the supervisor.
"I'm Baily Frey. You can call me whatever you like."
Baily gestured for Zack to enter the VIP lounge with him.
It was much more luxurious here, with upscale leather sofas, antique-style decor, and sandalwood incense on the table.
After sitting down, Baily turned to Stacy and said, "...Stacy, I have some good Pu'er tea in my office. Go and brew a cup for us."
Upon hearing Baily's words, Zack chuckled inwardly.
See, this was tea, offer tea, offer the finest tea!
After giving the instruction, Baily enthusiastically said to Zack, "...Mr. Zack, those teas are not particularly extraordinary, but they cost more than ten thousand yuan per kilogram."
"...I usually can't bear to drink them. It's only when I meet someone like Mr. Zack that I dare to bring them out and risk embarrassing myself."
Zack didn't care about the other person's flattery and just waved his hand, "...I'm not anybody special. You're too kind, Mr. Baily."
"You're too modest. The Master Zack on Weibo is well-known in the circle."
Baily laughed heartily.
Zack was taken aback and surprised, "...You know me?"
Although Zack was quite high-profile online, he thought he was only playing in a small circle and didn't think many people knew about him.
"How could I not know? The name of Master Zack has been spreading among us stock players for a long time."
"...With your wealth growth rate, who wouldn't be in awe? I'm also in this industry, so I naturally know about you. I just didn't expect you to be so young."
Baily's flattery was sincere.
Looking at Zack's slightly youthful face, just over twenty years old, and his calm demeanor, even when praised, Baily couldn't help but say, damn, this guy is a demon!
Zack joked, "...You won't expose my information, will you?"
Baily quickly waved his hand and said, "...You're kidding. That's illegal. I dare not do it. Moreover, it's even more taboo in our industry."
Of course, Zack knew the other party didn't have the guts. As a department supervisor at a brokerage firm, his salary was not low, and he wouldn't sacrifice his wife, children, and future just to land himself in trouble.
Zack nodded slightly and asked, "...About the margin trading account I want to open?"
"That's easy to arrange!"
Baily waved his hand generously.
Clients like Zack were actually the favorite of brokerages.
Because he traded stocks too frequently, and each trade incurred a transaction fee.
Even if each transaction fee was not high, Zack traded frequently and had a large amount of funds, which were all sources of income and performance indicators for brokerages.
However, compared to these, Baily now wanted to kneel and hug Zack's legs, calling him "dad" and asking him to play with him.
The real stock god was right in front of him. How could he not call him "dad"? The money Zack earned in half a month was beyond Baily's reach in his entire life.
However, Baily also knew that this was difficult. Even so, he had to make an impression on such a big shot, to really get to know him. They weren't even in the same league.
It wasn't a matter of background, but a gap in ability!
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]