What is the exact location?

If you usually pay attention to the financial field, you should have seen the word "position" in the stock market and other transactions.

Many people are already confused when they see the word "location" and don't know what it means. In addition, there are "multiple positions", "open positions", "loose positions" and "tight positions" and so on.

It's really puzzling. I even think that the financial circle has a special system of industry slang. So, what exactly does a position mean? Anyway, it's certain that this is not a new hairstyle.

Definition: It is the sum of all available funds of the bank at present, mainly including excess reserves deposited in the central bank, net interbank clearing, bank deposits and cash.

Popular explanation: to put it bluntly, it means money.

If you are rich, when you go to the bank counter to transfer a large amount of money, the teller may tell you, "Your transfer amount is relatively large, and we need to report the position to the branch or the head office, and they can only transfer it after they agree." (However, the general purpose of transfer is normal, and it will be transferred to everyone. )

Why do you need to apply for a position? Because the bank's funds are also limited, it is necessary to carry out a position management. Only when the bank's liquidity and loan-to-deposit ratio are normal can the funds be transferred out.

2. Why is a position called a position?

Everyone must think it's strange. Why don't you just ask for money? Why is it called a position? This actually has a historical origin.

During the Guangxu period of the Qing Dynasty, the weight and fineness of silver coins cast in various provinces were not uniform, and the casting quantity was difficult to control.

After the Revolution of 1911, the provinces were eager to use money to process and cast silver coins, cast copper coins indiscriminately, and distributed paper money and military tickets indiscriminately, which led to the chaos of the already chaotic monetary system.

After the demise of the Qing Dynasty, Yuan Shikai became the great president. At that time, Beiyang government wanted to solve the problem of military expenditure by means of currency reform, so it decided to mint currency and carry out a currency reform.

In order to improve his dominance, Yuan Shikai cast his head on Qian's face, hence the word "Yuan Datou".

At that time, the bank used Yuan Datou for daily payment, and the height of 10 "Yuan Datou" was exactly one inch, hence the word "location".

Later, banks gradually used positions to refer to the amount of funds to represent money, and then this word has been used ever since.

3. Job expansion

(1) In order to ensure the balance of payments, banks or enterprises should forecast and estimate the funds they can receive or need to spend every day to see if they are balanced. This is called "rolling position";

(2) If it is estimated that the total income of the day is greater than the expenditure, this is called "multi-warehouse";

(3) If the amount to be paid is greater than the income, it is called "short position";

(4) If there are "multi-positions", you can borrow money to make up the difference. This is called "opening a position";

(5) If there is a "short position", try to transfer the money, which is called "changing positions";

(6) If the temporarily unused amount of funds is greater than the required amount of funds, this is called a "loose position";

(7) If the temporarily unused amount of funds is less than the required amount of funds, this is called a "tight position".