There is no need to go on with the inconclusive meeting, the reaction of the global market is the best judgment, Mikhail already knows how to do it, and what he has to do now is to keep the program in the computer room that has not passed the test running, and at the same time open up the maximum financial authority to the computer.
The U.S. financial markets are now just testing the waters of electronic trading, and most companies still consider traders to be the most reliable.
You know, hiring a skilled trader on Wall Street can cost a lot of money.
Seryosha knows that the future of the market is no longer up to the people in the red vests on the NYSE.
Most of the transactions are done silently in a quiet computer room.
When the opening bell of the New York Stock Exchange rang, a large number of buy orders began to pour into the electronic trading system of the New York Stock Exchange through various channels, and the New York Stock Exchange and the Nasdaq had already used computers to conduct delivery statistics long before Iridium's road service began to be commercialized.
Just minutes ago, the news that the Toronto stock market had begun to plummet had caused Wall Street to give up the last shred of illusions, and now the average person with a modicum of common sense knows that a brutal crash is inevitable.
Now all institutions are a strategy, sell, sell, sell, sell all the short-term investment orders that can be sold, long-term investment orders, and try to recover losses as much as possible.
But when everyone is selling in one direction, who gets the deal done before everyone else becomes a crucial factor.
Even for skilled traders, the speed of reselling cannot be compared to that of a computer.
The constant spread creates the best opportunity for Bank of Colombia's high-frequency trading system, while the B trading program of the rest of the institutions sends a large amount of trading data to the New York Stock Exchange, causing a network blockage, in this case, the high-frequency trading data has the highest passing authority, which gives Bank Colombia an excellent opportunity to make profits.
All kinds of trading data frantically poured into the servers of the New York Stock Exchange and NASDAQ.
Only Columbia's transaction data can be accessed unimpeded.
Many people want to take advantage of the chaos to pick up some cheap stocks, but because they do not estimate the situation enough, and then there is a lower price and regret it, at this time they want to cancel the order but because of the problem of network delay and can't do it, which creates space for Colombia's high-frequency trading system to exploit loopholes.
Many people's quotation machines show that the unfilled trades have actually been successfully captured by the high-frequency trading system.
At this moment, the upper doors of Bank of Columbia are waiting in the conference room.
The bank's internal service staff transmitted the data to the list display screen in the conference room, and as the computer's profit count increased, Mikhail finally relaxed.
"I didn't expect it to be so easy to make money, this machine is simply a money printing machine," someone said with heartfelt emotion.
"I really don't know how many traders we need to hire in the future, but now it seems that even the best traders are no match for computers," said someone pessimistically, who has already seen that once this system is rolled out, I am afraid that many traders wearing red vests in the halls of the New York Stock Exchange will lose their jobs in the future.
Bill Gross didn't say anything, in fact, high-frequency trading is not mysterious at all, even elementary school students can easily understand how it works.
That is to use the fastest speed to find the buy and sell orders with the price difference before everyone, and then make a deal with each side separately.
This is actually a form of cheating, but when electronic trading first appeared on Wall Street, the New York Stock Exchange probably didn't know about this cheating.
High-frequency trading is a cheating artifact that makes Bank Colombia very profitable, and Bank of Colombia will never let outsiders notice.
In other words, until the regulators close the loophole of high-frequency trading, Bank of Colombia is invincible.
Mikhail left the company early after observing for a while, and now he didn't have to worry about it anymore, he was going back to report to Seryosha on the results of the high-frequency trading system.
And then have a good night's sleep, today's trading is conservatively estimated to make a profit of 700 million, and there is no pressure to earn this kind of money.
When Mikhail returned to his accommodation by helicopter, he made a phone call with Seryosha, in which Mikhail praised the high-frequency trading system.
Seryosha wasn't overly excited about this, because he knew it would be invincible when he first proposed to develop the system.
Seryosha reminded Mikhail that after the stock market has stabilized, he can slowly get involved in some blue-chip stocks with long-term investment value, such as General Motors.
Because Bank of Colombia's current wealth is still dominated by cash, this is not normal for a financial institution as large as Bank of Colombia.
"Mikhail, what do you think of our takeover of Marlboro's parent company, Philip Morris, when we first met, we didn't pour Marlboro cigarettes, which are bestsellers on the black market."
Seryosha suggested.
"Tobacco companies, good idea cash flow is sufficient, but I'm afraid it's not easy to operate, after all, tobacco companies are not short of money."
Mikhail said with some emotion.
"It doesn't matter, just ask Peterson at Blackstone, they're experts in this area, and I think we might be able to take advantage of the drop in stock prices to buy a lot of shares in these companies, and in this market environment, there shouldn't be anyone competing with us," Seryosha suggested.
"Seryosha is just starting to fall now, is it a bit of a loss for us to make a move at this time" Mikhail wondered why Seryosha was in such a hurry, if it was an investment, wouldn't it be better to wait until the stock price was lower "Mikhail, I hope that Bank of Colombia will really gain a foothold on Wall Street, but our customers are not only drug lords but mafias, and it is too dangerous to do business with them.
I want Bank of Colombia to be the bank of choice for first-class corporate financing in the United States, so that we can have a chance to reach the level of Goldman Sachs.
When the time comes, we will have a position that is too big to fail, and our money laundering will be truly free from the control of any law and government.
To be truly free, in order to gain that status, we must control as many of America's top companies as possible, until one day, when the Fed is consulting us on any policy.
Seryosha explained. t1706231537: