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Chapter 154: Mistakes


Only the day after Yeltsin's speech, the Organization Department of the Central Committee of the CPSU issued a statement.

Comrade Yeltsin ceased to be the secretary of the Moscow Municipal Party Committee, as well as an alternate member of the Politburo of the Central Committee of the CPSU.

The statement did not say why Yeltsin was dismissed, but almost everyone who cares about it knows it.

Yeltsin is stepping down.

Seryosha made a special trip to Yeltsin's home to visit him on the night after the meeting, and the two talked for two hours in Yeltsin's study.

No one knows what they were talking about.

When Seryosha left Yeltsin's house, Yeltsin personally put him in the car.

There was no frustration or frustration on his face, but it was a lot more relaxed.

Soon after, the Mediterranean Trading Company, a subsidiary of the Ministry of Foreign Trade and Economic Cooperation, announced that it would retake the project from the Moscow Municipal Party Committee, and that Yeltsin would continue to be the head of the project.

For most Moscow citizens, this was the only piece of good news that came after Yeltsin's defeat.

This move by the Ministry of Foreign Trade and Economic Cooperation of the Soviet Union also means that they are not the same as Ligachev, and they support Yeltsin with their own practical actions.

In view of the fact that Gorbachev still has the supreme position, Seryosha plans to wait a while for Yeltsin to visit the United States and avoid the limelight at home for the time being.

But his frenzied actions at the plenum of the CPSU Central Committee have now made him famous, and many political commentators in Western countries have praised Yeltsin's courageous act.

But Seryosha knew that Yeltsin had not changed anything.

While the Soviet Union was bustling with discussions about its goals for economic and political reform for the next year, Seryosha's high-frequency trading system was coming to an end.

In order to maximize the speed advantage, Seryosha has located the entire high-frequency trading computer room in a building located on the New York Stock Exchange and the NASDAQ Stock Exchange.

At the same time, fiber optic access was also adopted, and Seryosha even asked Eva to open the highest transmission authority for this line, even if the entire network was congested, the data of Bank of Colombia could still flow unimpeded on the network.

The project is nearing completion, and now the final tests remain, and in order to test the degree of automation of the system, with Mikhail's approval, Bank of Colombia has opened up some of the funds to the system for testing in a real-world environment.

It's Friday, and the testers of Columbia's high-frequency trading program are preparing for the last virtual environment test, because it takes almost a week to run the test program over the weekend, and there are no serious problems in the previous tests, so there are not many developers left in the computer room.

The goal of this test was to verify how profitable the whole system could be in the event of a falling market.

This is a regular test that is tested in a real data environment on the NYSE, but no real trading takes place because the network does not switch to a real network environment.

After the test engineer set all the parameters of the whole set of procedures, he couldn't wait to leave work, the project has been going on for more than half a year now, and almost all the members of the project team have not been on vacation for a long time.

So after doing the job as required, the last testers also left the company early, and they were already thinking about where they were going to relax this weekend.

However, when these people left, no one noticed that they were not connected to a test network environment, but a real network environment.

Not far from here, in New York's One Liberty Square building, the 40th-floor Salomon Brothers stock trading and sales department is quietly waiting for the market to close, and in the spacious office, there are occasional phone calls from customers.

At this time, in a cubicle by the window, senior agent Murphy was communicating with his clients on the phone, explaining the problems at work, to be honest, being a stockbroker is not an easy career, because many times Murphy is unable to answer the questions raised by customers, such as "why did you recommend stocks make me lose so much money", "why did you tell me the market is very good, but I lost so much".

Whenever he encounters this kind of problem, Murphy always racks his brains to weave some ambiguous rhetoric to deal with customers, although his job is a stockbroker, but his real job is actually to let customers hand over their money to Salomon Brothers to take care of, in the end this is a sales job with a low threshold, although she works in Manhattan, where every inch of land is expensive, wearing a custom suit of tens of thousands of dollars, wearing a handmade Swiss gold watch, and driving a Ferrari sports car worth more than 100,000 dollars.

But for the ups and downs of the capital market, Murphy doesn't understand what is going on in most cases.

Now that Murphy is communicating with two customers at the same time, and now there are the other three customers waiting online, Murphy is now too busy to figure out, on the computer monitor in front of him, the latest stock quotes are constantly flashing, and Murphy doesn't even have time to look at it.

Murphy managed to settle his client, he raised his head and glanced at the quote on the monitor, and was about to pick up his mug and take a sip of coffee, when the Dow Jones index at the top of the quote bar suddenly changed.

"Ah" Murphy hurriedly put down the mug and looked at it, just in the blink of an eye, the Dow Jones index changed from positive to negative and actually rubbed down by more than 20 points, and before Murphy had time to react, the Dow Jones fell by more than 20 points again.

Next, the Dow Jones index began its own plummeting journey, and in just a few minutes, the index expanded to 80 points.

At this moment, the already noisy Salomon Brothers phone rings one after another, and you don't have to think about it to know that this is an inquiry call from customers who learned that the stock price has fallen.

But Murphy had no idea what was going on, and he didn't know how to explain it to his client.

By the end of the day, the Dow Jones index of the New York Stock Exchange had fallen by five percent, but market analysts had no idea what the reason was, and many blamed the decline on a correction in the market's long-term rally.

They believe that the Dow Jones will continue to rise after correction until next Monday. t1706231537: