William calculated in his mind that the Nasdaq is now just over 5,000. In 5 days, it will reach the historical high of 5,048 points on March 7. The margin rate of 3.53 billion can buy 9,039 lots of stock index. A one-point increase or decrease is 2.23 million US dollars. The additional margin of 49.56 million can support more than 20 points. There is no problem.
William immediately decided: "You are afraid that my additional margin will be lost suddenly, right? I can sign a contract with you. As long as the additional margin of 49.56 million loses to 90%, you can force my account to close.
This 10 is to give you time to close your position, so that you will not have any losses. Besides, I have 3.5 billion in my account. Even if the price goes up or down by 100 or 200 points, I will not go bankrupt. At most, I will lose half of my money.
Mr. Grace, if this still doesn't make you make up your mind, then I can only switch to a Canadian bank."
Qiang Grace thought for a long time before saying to William, "Mr. Devonshire, it's almost noon. How about I have Felix take you to lunch? When you come back at 1 p.m., I think we can determine your margin rate."
"Ok, this is my first time in Switzerland. I have a local boss with me so I can eat authentic Swiss food. Mr. Grace, I'm waiting for your good news."
Felix, who is worthy of being an exclusive account manager, took William to enjoy a delicious meal, including Zurich veal with baked potato chips, grilled cheese, and seafood soup, which tasted really good.
At 1 p.m., Qiang Grace called me. "Mr. Devonshire, the board of directors approved your request. The margin rate is 3%. If the margin loss exceeds 90%, the position will be closed. Congratulations, Mr. Devonshire."
William knew that the National Bank would agree to his request because it would not cause any loss to them.
It is already so high now, and many people now believe that the Nasdaq can still rise to 6,000 points. National Bank thinks William is bullish.
William would not tell the National Bank about his specific operations. He said to Qiang Grace, "When will my contract be arranged?"
John Grace said, "We can do it now, Mr. Devonshire. We can do it now."
"Ok, I'll go to the bank and see Mr. Grace later."
"See you later, Mr. Devonshire, bye."
After William hung up the phone, he said to Felix, "Felix, I need the best law firm in Switzerland to meet me at the bank right now. $100,000. Can you meet me at the bank in half an hour? Felix, can you do that?"
"No problem, $100,000, I promise I can do it." Felix apologized to William and got up to make a phone call.
William waited in his seat for 5 minutes. Felix came in and said to William, "Mr. Devonshire, it's done. We can go to the bank now."
"OK", let's go.
Twenty minutes later, when William returned to the bank, his lawyers were already waiting for him. William shook hands with the Swiss legal team and got to know each other.
After shaking hands with John Grace, William began to negotiate. After three hours of interpretation by his lawyer and several revisions, the contract was finally signed before 5 pm.
Then William and Qiang Grace said: "Grace, I need your National Bank to prepare a professional team of 10 people for me. I need it tonight..."
"No problem, Mr. Devonshire. I can provide you with the best team right now," John Grace said immediately. "Felix will prepare everything for you. Our fee is a 5% return rate, or a $100,000 per day hiring fee."
William thought for a moment and said, "If we make a loss, I'll pay them 100,000 a day in hiring fees. If we make a profit, I'll pay them 100,000 a day plus 1% of the profit, but I require them to sign the strictest confidentiality document."
William turned to the lawyer and said, "Can I ask that the confidentiality agreement include a clause that leaking secrets will result in imprisonment for more than 20 years, Lawyer Simon?"
Lawyer Simon thought for a moment and said, "If the leak causes you great losses, of course it's okay. But if the financial loss is small, and it's just a loss of reputation, then it's not certain. It depends on the court's judgment of your reputational loss. There's a big line here."
But if you are willing to pay this team a large signing bonus when they sign the contract, then I guarantee that anyone who leaks the information will go to jail for 20 years."
"How much signing bonus should I pay, Lawyer Simon?" William asked.
"One million Swiss francs per person, which is about one million US dollars, will do."
William said to Qiang Grace: "Grace, can you do this?"
"Of course, Mr. Devonshire, even if you don't pay the money, I can guarantee that our National Bank staff will never leak any information," Qiang Grace promised.
William would never believe what these bankers said. These guys were vampires, not a single good person. Or even if they were good people in life, none of them were good people when it came to money. Good people could not be successful bankers.
William waited for an hour and shook hands with each of the 10 members of the team. Then, Simon explained William's requirements to the 10 members. When they heard that they had signed the contract, William would pay each of them a signing bonus of 1 million.
With a daily salary of $100,000, none of the 10 people signed the contract without any hesitation. As for the requirement that leaking the information would result in 20 years in prison, they did not take it seriously.
It was already 7 o'clock in the evening when William and the newly formed team of copywriters signed the contract. William and Felix took lawyer Simon to a Michelin three-star restaurant for a delicious dinner.
After dinner, William signed a check for $100,000 to Lawyer Simon at the table. Lawyer Simon happily said to William, "Thank you, Mr. Devonshire.
If you have any troubles or problems in Switzerland, you can come to me. Our law firm is the best law firm in Switzerland. We can help you with anything, as long as you can afford it.
When William heard Simon say that as long as you can pay, you can solve anything, he complained in his heart, isn't this nonsense?
"Thank you, good night, Lawyer Simon. I will come to you if I have any questions. Bye." William shook hands with Simon and his team and said goodbye. As for William's copyists, they were now preparing in a confidential room in the bank.
As soon as he entered the confidential room reserved for VIP customers, William saw the copycats resting with their eyes closed on the sofas and recliners. He did not disturb them and found a chair to sit down. Just after drinking a glass of whiskey, William's cell phone rang.
William quickly answered the phone and said to the phone: "Wait for me 10 seconds." Then he walked out of the VIP room and said to the phone in the aisle: "Hello, who is this?"
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T/N: While I am an inexperienced Translator, I have a Patreon! While it may seem empty as of now, webnovel will get 2 Chapters Every Day, and advanced chapters will be uploaded on Patreon.
It may not seem worth it now, but maybe in the future. Who knows!
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If you guys wanna check it out.