Jingxinju villa, trading room on the second floor.
Without saying a word, Fang Hong quickly typed on the keyboard to edit the content and arrange a series of intervention targets.
Tian Jiayi moved a chair and sat next to him. He poked his head and looked at the computer screen. A look of surprise flashed through his beautiful eyes, and he subconsciously said: "Accenture is expected to drop -99% during the day, and the stock price will drop to US$0.01. /share; Procter & Gamble is expected to drop -36% within the day, and the stock price will drop to US$39.37/share; Apple is expected to drop -22% during the day, and the stock price will drop to US$199.25/share..."
Seeing the content edited by Fang Hong in the document, the beautiful assistant became more and more shocked. While she was in a daze, Fang Hong quickly listed more targets. Disney is expected to drop -12%, and Cisco is expected to drop -12%. %, Nike is expected to fall by 11%, Oracle is expected to fall by 11%, Bank of America is expected to fall by 11%, Exxon Mobil Oil is expected to fall by 11%...
Without exception, these targets are all world-renowned giant enterprise groups. They are either world-class giants or top-notch companies.
】
Tian Jiayi reacted, she glanced at Fang Hong and couldn't help but said: "Will there be any sudden black swan event tomorrow?"
Seeing the expectations she had set for these targets, many targets were cut in half at every turn. Even companies like Procter & Gamble gave an expected drop of -36 percentage points within the day, which made Tian Jiayi feel as if the end of the world was going to happen tomorrow.
Fang Hong said with a smile: "Someone is going to stir up a storm in the global financial market, comparable to a magnitude 9 earthquake. If nothing happens, tomorrow the US stock market alone will evaporate a trillion dollars, and we stars will follow behind and quietly eat a few Ten billion dollars is not excessive!”
Hearing this, Tian Jiayi's beautiful eyes widened on the spot: "Will the U.S. stock market lose a trillion dollars in the near future? Oh my god..."
After the shock, the beautiful assistant was curious about where he had the connections to learn such news in advance, but Fang Hong obviously didn't want to elaborate with her, so she didn't continue to ask.
Trillions of dollars have evaporated in a day. From this number alone, she can realize the seriousness of the problem. It is wisest not to inquire about this kind of thing.
Fang Hong imported the edited document data into a USB flash drive. After the data import was completed, he handed it to her and said: "This is the company's top secret. You take it to the company and ask the company's traders to strictly follow the above strategy. If anyone dares to act smart and modify my strategy without permission, I will tie him to a stone and sink him to the bottom of the river the next day to feed the fish."
Tian Jiayi said nothing, looked at the USB flash drive he handed over, and nodded silently after taking it. In a sense, this USB flash drive is worth more than 30 billion US dollars or more than 200 billion yuan.
After putting away the USB flash drive, Tian Jiayi left the trading room and immediately went to the headquarters of Star Capital.
When the company's traders got the strategy of this USB disk data file, they were even more shocked than Tian Jiayi. It was so crazy!
I couldn’t understand it, but I was so shocked that I didn’t dare to be careless!
There is another question that traders who have obtained the strategy cannot understand. Since the expected decline is so large, why should the quotation order limit the volatility of 60% of its decline? Wouldn't that mean that most of the profits are left unearned?
However, the operators of Qunxing Capital cannot figure it out but strictly implement it. They do not dare to have any smart ideas. These strategies can make the company make tens of billions of dollars overnight, but they can also lose tens of billions of dollars overnight. dollars, all lost.
Anyway, we must follow this strategy. Even if the company suffers losses and goes bankrupt, the people above the company will bear the blame, and it will never be my turn.
…
The next day, Thursday, May 6th.
The A-share market opened first. After opening low and rebounding to close the bald Yang K line yesterday, many people expected the rebound to continue.
As a result, I didn't expect that today it would open directly lower by -0.64%. The opening price was today's highest price. As soon as the market opened, the two markets opened lower and moved lower, showing a unilateral sell-off trend. There was not even a decent rebound during the session.
The 2800 point fell again, and the downward trend further accelerated in the afternoon.
As of the close, the Shanghai Composite Index plummeted -4.11% to close at 2739.70 points, setting a new low for the year; the Shenzhen Component Index plummeted -5.28% to close at 10422.56 points, and the 10,000-point integer mark was in danger.
Stock index futures have also continued to increase short positions. The CSI 300 contract has fallen to 2967 points, a cumulative decline of 15 percentage points from the highest price on the first day of listing.
The U.S. stock market hasn't opened yet today, so Big A is lying down first.
As for the peripheral market, Fang Hong has already laid out his strategy. He will sit back and watch the market performance of the peripheral market tonight, waiting for the operation of his friend Nawender Sarao.
Regarding the U.S. stock market tonight, Fang Hong is not worried at all. The strategy of Stellar Capital seems to be extremely risky, but in fact it is very certain. Sarao, an otaku, is not actually the source of the problem. At most, it can only be said that he is pushing it. The guy who got the first domino.
In fact, we should look at it from two aspects. Trading problems are certainly one of them, but the real reason is that the US stock market has been declining for two consecutive weeks in recent weeks. Hidden behind it is the market's concerns about the European debt crisis.
The recent crazy fall of the euro is obviously accompanied by the deepening of risk aversion, and the accumulated short positions make the current market full of speculation.
At the same time, mainstream media in Europe today revealed that Eurozone banks have huge debt exposures to three countries: Brazil, Portugal, and Spain, which also made the previous market worries a reality.
In terms of trading, there is this buddy Nawender Sarao, who unexpectedly brings a good rhythm.
This guy is also a talented person. Sarao, who graduated from college, worked as a telemarketer and a bank teller, but he always felt uncomfortable doing these jobs.
In 2003, Sarao saw a recruitment advertisement in the newspaper, which read: [Our company is recruiting futures traders, who are required to abide by laws and regulations, be proficient in data analysis, be goal-oriented, and have strong ability to withstand pressure. ]
Sarao went for the interview when he thought he could give it a try. After several rounds of interviews, including trading model testing, data reasoning and analysis, mental ability assessment, rapid mathematical mental arithmetic, etc., he successfully passed them all.
When Sarao and other employees successfully joined the company, there were only a dozen people in his company. Almost everyone was a top student. Everyone was very smart and they could find real money in a pile of market data.
But it didn't take long for everyone to discover that Sarao was the most awesome person.
This guy has no interest in socializing at all and almost never speaks. In his world, nothing seems to exist except the market.
Sarao mainly trades a futures contract called "e-mini". This contract specifically tracks the S&P 500 Index. The daily trading volume on the CME Group exceeds 200 billion US dollars and is the most liquid product in the world. one.
In this company, Sarao is simply the god of trading "e-mini". He always makes the right decisions and makes the most money.
By 2008, when Sarao resigned, he had made a huge profit of 4 million US dollars, but he still lived with his parents, wore ordinary sweatpants, ate McDonald's, and played FIFA games and watched football matches when he got home. What, the neighbors don't know he is a rich man.
His colleagues also don’t understand, what’s the point of making so much money if it doesn’t cost money?
But for Sarao, market trading is just a game, and the money earned is just the points in the game.
Whether he is playing games or making deals, what he is really interested in is beating his opponents and getting high scores, but he is not very interested in spending the points.
After Sarao left his job in 2008, he started a company of his own. He bought a seat at the CME Group and prepared to start a big business. His strategy was to do high-frequency trading, place huge sell orders on contracts through automated procedures, and then sell them before the transaction was completed. Instantly cancel the order to achieve real-time selling pressure on the transaction price, then buy at a low price, and wait for the stock index to rebound and sell to make a profit.
Maybe you can only earn one yuan or even ten cents per order, but because the transaction volume is large and frequent, the final profit is actually quite considerable.
In fact, many exchanges are actually engaged in similar high-frequency trading, taking advantage of computer programs and Internet speed to make money quickly, including upgrading to artificial intelligence to engage in quantitative trading ten years later.
But in comparison, Sarao's approach is more like manipulating the market.
In order to be able to issue trading instructions faster, Sarao rented a server next to the exchange. From a physical perspective, being one step ahead of others, even if it is just one hundred thousandth of a second faster than others, in the world of computer automation, it also means wealth. .
Relying on this method, Sarao's earning speed has been qualitatively improved, and he can easily earn hundreds of thousands of dollars, or even millions of dollars a day.
As time goes by, the Eastern Hemisphere is not as good as the night of May 6, and the corresponding Western Hemisphere is in daytime.
Today, Sarao turned on his computer and prepared to start trading as usual. He scanned the market and found that today's market seemed a bit sluggish. He also noticed that some short-term sentiment was building up.
"It seems like today is a good day for short selling..." Sarao clasped his fingers together and stretched his muscles. At the same time, his brain was thinking quickly. After a while, he said to himself: "Let's play big today...!"
…
