Chapter 609

There is no need to hold any more meetings without results. The response of the global market is the best judgment. Mikhail already knows how to do it. What he needs to do now is to let the test program that has not passed the test in the computer room continue to run, and at the same time, open the maximum capital authority to the computer.

The U.S. financial market has just tested electronic trading, and most companies still regard traders as the most reliable. You know, it takes a lot of money to hire a skilled trader on Wall Street. Xie liaosha knows that the future market is not determined by the people wearing red waistcoats in the New York Stock Exchange. Most of the transactions are completed quietly in the quiet computer room.

When the opening bell of the New York Stock Exchange rang, a large number of orders began to flow to the electronic trading system of the New York Stock Exchange through various channels. Long before iridium's Internet service began to be commercialized, the New York Stock Exchange and Nasdaq had used computers to carry out delivery statistics. Just a few minutes ago, the news that the Toronto stock market began to plummet has made wall street give up the last bit of fantasy. Now, as long as ordinary people with a little common sense know, a cruel plummet is inevitable.

Now all the institutions are a strategy, sell, sell all the short-term investment and long-term investment that can be sold, and try to recover the losses as much as possible. But when everyone is selling in the same direction, who is the first to reach a deal before everyone becomes a crucial factor. Even skilled traders can't sell as fast as computers.

The constant price difference creates the best opportunity for the high-frequency trading system of Bank of Columbia, while the IBM trading program of other institutions sends a large amount of trading data to the New York Stock Exchange, causing network congestion. In this case, the data of high-frequency trading has the highest pass authority, which gives Bank of Columbia an excellent opportunity to make profits.

All kinds of trading data are pouring into the servers of NYSE and NASDAQ. And only CBS trading data can go smoothly. A lot of people are hanging out to pay the bill and want to pick up some cheap stocks, but they are regretful because they don't estimate the situation enough and have lower prices. At this time, they want to cancel the order but they can't because of the network delay. This creates space for Colombia's high-frequency trading system to exploit the loopholes. Many people's quotation machines show that transactions that have not yet been closed have been successfully captured by the high frequency trading system.

At this moment, the high-rise door of Columbia bank is waiting in the conference room. The IT service staff inside the bank sent the data to the list display screen in the conference room. As the profit amount of computer statistics increased, Mikhail finally relaxed.

"I didn't expect it would be so easy to make money. This machine is a money printing machine!" Some people sincerely sigh.

"I really don't know how many traders we need to hire in the future. Now it seems that even the best traders are not competitors of computers!" Some people say pessimistically that he has seen that once the system is popularized, many traders in red waistcoats will lose their jobs in the future.

Bill Gross did not express any opinions. In fact, high frequency trading is not mysterious at all. Even primary school students can easily understand its principle. That is to use the fastest speed in front of everyone to find that there is a price difference between the pay and sell orders, and then deal with both parties once. This is actually a kind of cheating, but when electronic trading just appeared on Wall Street, the NYSE probably didn't know this kind of cheating. High frequency trading, a cheating artifact, makes bank of Columbia profitable, and it will never be noticed by outsiders. In other words, Bank of Columbia is invincible until regulators seal the loophole of high-frequency trading.

After observing for a while, Mikhail left the company ahead of time. Now he doesn't have to worry any more. He wants to go back and report the results of HF trading system to seryosha. And then have a good sleep. Today's transaction is conservatively estimated to make a profit of 700 million yuan. There is no pressure to make this kind of money.

When Mikhail returned to his residence by helicopter, he made a phone call with shaeliosha. In the phone, Mikhail praised the HFT system. Xie liaosha is not too excited about this, because when he first proposed to develop this system, he already knew that it would be invincible. Sheriosha reminds Mikhail to step in some blue chips with long-term investment value, such as general motors, after the stock market stabilizes. Because the current wealth of Bank of Colombia is mainly cash, which is abnormal for financial institutions as large as Bank of Colombia.

"Mikhail, what do you think of Philip Morris, the parent company we took over from Marlboro? When we first met, there were many Marlboro cigarettes. They were the best sellers on the black market." Xie liaosha suggested.

"Tobacco company, good idea! Cash flow is sufficient, but it's not easy to operate. After all, tobacco companies are not short of money. " Mikhail said with some heart.

"It doesn't matter. You can ask Peterson of Blackstone. They are experts in this field. I think we may be able to take advantage of the decline of stock price to buy a lot of shares of these companies. Under the current market environment, no one should compete with us for chips?" Xie liaosha suggested.

"Xie liaosha, the market is just beginning to fall now. Are we losing money at this time?" Mikhail is very surprised why shaeliosha is so anxious. If it's an investment, wouldn't it be better to wait until the stock price is lower?

"Mikhail, I hope CBS can really get a foothold on Wall Street, but our customers are Mafia besides drug lords. It's too dangerous to do business with them. I hope that Columbia bank will become the preferred bank for financing the first-class enterprises in the United States. Only in this way can we have the opportunity to reach the level of Goldman Sachs. At that time, we will have the status of being too big to fail, and our money laundering will not be controlled by any law or government. To gain real freedom, we must control as many of the top companies in the United States as possible in order to gain this position, until one day, when the Federal Reserve makes any policy, it will consult us. " Xie liaosha explained.