Chapter 608

"Du ~ ~" A dull telephone ring rang through the quiet room. Mikhail rubbed his sour eyes and struggled to get up from the bed. He turned on the desk lamp, took the extension receiver at the head of his bed, sighed and asked, "I'm Mikhail. Go ahead, please!"

"Boss, it's not good. There's a big problem with our testing work. They put the transaction into the real environment. We..."

"Waste, what's the matter with you? How much did you lose? " Mikhail was worried as soon as he heard that. How could he be so careless? What if he was found by the New York Stock Exchange?

"Boss, at present, the book is floating at US $270 million, but what we are testing is the short strategy. Because of the sudden access of the program and the centralized trading, the Dow Jones index has fallen sharply by us, but if the index continues to rebound as soon as Monday opens, we may lose a lot of money!" Mikhail's men explained anxiously.

"To be honest with me, how much money is trapped in the stock market?" Mikhail asked patiently, suppressing his anger.

"About, five... Five billion dollars!" His hands answered with fear.

"How much?" Mikhail asked in an atmosphere.

"5.984.23 million..." the subordinate answered with shame.

"Immediately call all relevant personnel back to the company, and discuss a countermeasure for me..." Mikhail said and hung up heavily.

Mikhail got up from the bed, picked up his cell phone and called his housekeeper. Then he dressed up and took the elevator to the top floor of the apartment. A helicopter had been waiting here for a long time.

Mikhail ran a few steps and got into the helicopter. The plane took off and headed for the headquarters of Columbia bank in Manhattan.

Now it's a day off. The NYSE is in the stage of closing. There is still some time left for Mikhail, but how to minimize the loss is what Mikhail is concerned about. No matter who can not stand their own inexplicable loss of a large amount of money. Over the years, how much did the Gorky brothers pay to save this wealth? If they lost billions of dollars because of such a low-level mistake, Mikhail would never accept it.

Mikhail's helicopter flew in the night sky of New York. About 20 minutes later, it fell on the top of the Columbia bank building in Manhattan. When he got off the plane, the executive who had just called had been waiting for a long time in the cold wind on the top of the building.

"Is everyone here?" Mikhail asked as soon as he got off the plane.

"The person in charge of the high-frequency trading project has arrived. In addition, all traders in the securities investment department have been informed to cancel their leave and return to the company immediately!" The subordinate replied with a sad face.

As they spoke, they walked into the elevator, which went directly to the floor where Mikhail's office was located. As soon as they got out of the elevator, the noise of argument in the conference room came into Mikhail's ears.

When Mikhail came into the meeting room, it was quiet. Mikhail sat on the main seat and looked at everyone. After a long time, he said to his subordinates, "tell me, what are we going to do next?"

"Mr President, it's still more than ten hours before the opening of the New York Stock Exchange. I think we should make a good deployment and hedge after the opening. In this way, we will lose a lot of money, but in this case, we have no better choice? " Someone first suggested to Mikhail.

"No, I don't think so! Transactions must be both bought and sold. I can't think of anyone going to do our counter offer at the opening of the market, which is nearly $6 billion. If you want to hedge in such a short time after the opening of the market, the overall impact on the market is inevitable. The Securities Regulatory Commission will definitely find our abnormal behavior... "Someone objected.

As the president, Mikhail doesn't need to think about the Countermeasures in person. He just needs to find out the most appropriate material from the suggestions of his subordinates. However, the two people who spoke just now clearly represent the two most common methods in the company. Both methods have their own advantages and disadvantages.

Bill gross, who was sitting next to Mikhail at the meeting, kept silent. Mikhail always valued Bill Gross's opinions, so after consulting other subordinates, Mikhail took the initiative to ask Bill Gross for advice.

"If six billion can make Dow Jones plummet by five percent, how much does it cost to make Dow Jones plummet by ten percent?" Asked Bill Gross.

"Well

"I think why not wait and see? The worst plan is that we will lose this money. But if the market is really good, I don't think $6 billion can make the market drop by 5%." Instead of answering positively, Bill Gross talked about the general situation.

"Mikhail, the market will not open for more than ten hours, but the global market should be more or less affected by us. After all, a 5% decline is very rare. We might as well wait until the Asia Pacific stock market has a result to decide. I think these markets are of great reference significance to our decision-making. " Bill Gross said slowly.

There was no consensus at the end of the meeting, but Mikhail agreed with Bill gross that if you don't know what to do, just let it be.

With the passage of time, the global capital market has entered the trading time one after another. The Australian stock market is the first to ring the trading bell. The Bank of Columbia has no relevant branch in Australia, so it can only obtain the latest information of the local stock market through the information from the Peng Bo news agency. However, according to the news, the Australian stock market only fell slightly without any abnormality. Before Mikhail could be disappointed, the Bank of Columbia branch in Tokyo sent a report, and the Nikkei index began to fall rapidly after the opening.

Two hours later, the Hong Kong stock market, another important Asian market, opened. Shortly after the beginning, the Hong Kong stock market began to plunge. In just half an hour, the Hang Seng Index plummeted by more than 300 points. Mikhail now understands that something is wrong in the financial markets.

With the opening of the global market, the global market has entered the trading time one after another, and the slump is like a plague, beginning to spread in one capital market after another. The Frankfurt index plummeted, the CAC40 index in Paris plummeted, and most of the traders in the financial city didn't come to work because of the hurricane disaster in London last Friday, so the London stock market was completely destroyed by a large number of selling transactions on Friday just half an hour after the opening of the market.