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Chapter 142: The Rapidly Growing Iridium


Without a shortage of money, Iridium's satellite and terrestrial networks are advancing at an astonishing rate.

The backbone network in the eastern region has connected most of the large and medium-sized cities and has begun to extend to neighboring Canada, while the network construction in the western region is also underway.

Iridium optimistically estimates that the nationwide network will be officially linked within a year.

Although a nationwide network has not yet been built, many large financial institutions have begun to use Iridium's services to change the traditional trading model in the New York area, especially in the Wall Street area, where large financial institutions are concentrated.

The programmatic trading system developed for it has also been regarded as the latest product by IB and has been marketed to large investment institutions such as Goldman Sachs.

In just a few months, electronic trading has set off a wave in the financial world in the United States, and the New York Stock Exchange and the Chicago Stock Exchange have also adopted electronic trading platforms.

Until now, however, the electronic trading platform has been very primitive, and most of its functionality has focused on moving the exchange's information and trading to the office.

This is fundamentally different from the high-frequency trading system that was developed in the Seryosha case.

Seryosha's high-frequency trading system is a completely computer-controlled system, which requires him to quickly find low and high sell orders in the vast amount of transaction data, and to preempt transactions with other financial institutions.

This requires a huge amount of computation and a robust trading system to support it.

For Seryosha's Bank of Colombia, in terms of talent reserves and financing capabilities, it is far from being comparable with the five major investment banks that have been established for nearly 100 years, although Seryosha's cash reserves are already very amazing, but as long as financial institutions such as Goldman Sachs and Morgan Stanley need it, they can get the injection of capital from the US Treasury Department and the Federal Reserve in minutes, not to mention that they also have a large amount of funds sent to them by wealthy people all over the world.

This is not something that Bank Colombia will be able to catch up with in the short term.

Therefore, the cheating artifact of high-frequency trading has become the capital that Seryosha relies on to gain a foothold on Wall Street.

In order to achieve high-frequency trading, it puts forward high requirements for the computing speed of the computer and the transmission speed of the network service provider.

In fact, there are many similar trading techniques that are close to cheating, such as lightning trading.

Even Selyosa knows something about dark pool trading, which was introduced specifically for high-frequency trading, but as a pioneer in the market, Seryosha has no precedent for development, and most of the work needs to be started from scratch.

The most talented programmers in charge of the development project were drawn from Yota Communications, each of whom signed a valuable non-disclosure agreement.

The development of the entire system will redesign and transform the IB system in terms of network transmission, computing efficiency, and trading strategies.

The project leader had to report to Eva on the progress of the development almost every day, and at the same time, as Iridium continued to be launched, Eva became a leading figure in American technology and business.

Now I don't know how many investment institutions are waiting in line downstairs in Eva's office every day.

Hoping for an opportunity to invest in Iridium, this is not the same as Eva visiting these capitalists half a year ago.

Although Iridium is still in the early stages of construction, and the network in North America is still in testing, consumers can't wait to try the convenience of satellite communications.

Many people have booked satellite phones on the official websites of Iridium and AT&T. early.

The popularity of its sales has even become the most popular topic in society.

Originally, Eva's selection of Iridium phone manufacturers was only Japan's Kyocera and Sony, but under the appeal and mediation of US President Ronald Reagan, Eva and Motorola released their suspicions, and Motorola became the third agent of Iridium terminal equipment.

However, Eva hopes that after the Iridium network is completed, the scope of Iridium standard satellite phone authorization will be further expanded, and more manufacturers will be included in the Iridium camp.

Iridium continues to attract strong partners around the world, which also ensures that Iridium always maintains a leading position in the competition.

However, problems with local operators have prevented Iridium from opening up its position in Europe.

Because Eva also faced the same problem that Karim and Tonya faced in the process of buying Volkswagen, that is, the protectionism insisted on by the conservative forces in Europe.

Even Germany, which is in the best economic situation on the continent, still has harsh access conditions for foreign investment, and Eva's Iridium will face a new challenge if it wants to promote its business in Europe, facing counterattacks from telecom operators in almost all Western European countries.

However, the good thing is that Iridium is not the only shareholder, Eva is not alone, there are many directors on the board of directors from different countries and different industries, and if it comes to grabbing the market, the Japanese are definitely the most experienced in this regard.

But the directors sent by Goldman Sachs gave Eva a fresh idea.

"Why not try to lobby NATO Command, we are already a satellite communications supplier to the Ministry of Defense, how can we unify satellite communications systems if our European allies do not adopt our solutions," Goldman Sachs' director suggested Eva.

"Is it possible that such a good thing will fall on our heads?"

asked Eva in disbelief.

"Don't worry, if they don't want to use the Iridium system, they will have to pay to build a new military satellite communication system that can be compatible with the Iridium system.

Do you think they are willing to pay for it," the director of Goldman Sachs asked rhetorically.

"Okay, that's fine, how do we go about this deal with NATO," Eva asked again.

"I know you're not experienced in this kind of thing, but you forgot that you're Lockheed's biggest partner besides the Ministry of Defense, and they're arms companies, and they're dealing with NATO's top brass.

I think you can use their connections to go around Europe and see if you can make a difference," the Goldman Sachs director enthused.

"That's a great idea, I never thought that Iridium's early customers were all from the military, and it was so rewarding to talk to you," Eva said.

"Ms.

Eva, in fact, Motorola wants to be the exclusive agent of the military's satellite phone orders, you know, this kind of thing is not suitable for the Japanese to make," the director of Goldman Sachs finally said euphemistically. t1706231537: