Jingxinju villa, trading room on the second floor.
Without saying a word, Fang Hong quickly typed on the keyboard to edit the content of the materials 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. Suddenly his beautiful eyes flashed with a look of surprise, 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 US dollars. 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 one trillion US dollars in the near future? Oh my god..."
But in comparison, Sarao's approach is more like manipulating the market.
This guy has absolutely no interest in socializing and barely speaks. In his world, nothing seems to exist except the market.
The euro's recent crazy decline is obviously accompanied by the deepening of risk aversion, and the accumulated short positions have made the current market full of speculation.
Anyway, we must follow this strategy. Even if the company suffers losses and goes bankrupt, the people above the company will take the blame, and it will never be my turn to take the blame.
In order to be able to issue trading orders faster, Sarao rented a server next to the exchange. From a physical perspective, being one step ahead of others, even if it is only one hundred thousandth of a second faster than others, in the world of computer automation, it also means wealth.
.
The U.S. stock market hasn't opened yet today, so Big A is lying down first.
…
The 2800 point fell again, and the downward trend further accelerated in the afternoon.
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.
In this company, Sarao is simply the god of trading "e-mini". He can always make the right decisions and make the most money.
The A-share market was the first to open. After opening low and rebounding yesterday, many people expected the rebound to continue.
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 for the external market, Fang Hong has already laid out his strategy. He will sit back and watch the market performance of the external market tonight, waiting for the operation of his friend Nawinder Sarao.
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.
By 2008, when Sarao resigned, he had made a fortune of 4 million U.S. 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.
Whatnot, the neighbors don't know he is a rich man.
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.
But it didn't take long for everyone to discover that Sarao was the most awesome person.
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 can't understand it, but I'm so shocked that I don't dare to be careless!
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.
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.
As of the close, the Shanghai Stock Exchange 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.
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.
Trillions of dollars have evaporated in a day. From this figure alone, she can realize the seriousness of the problem. It is wisest not to inquire about this kind of thing.
However, the operators of Qunxing Capital can't figure it out but strictly implement it. They don't 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.
In fact, we should look at it from two aspects. Trading problems are certainly one of them, but the real reason is that the U.S. stock market has been declining for two consecutive weeks in recent weeks. Hidden behind this is the market's concern about the European debt crisis.
After putting away the USB flash drive, Tian Jiayi left the trading room and immediately went to the headquarters of Star Capital.
In terms of trading, there is this guy Nawinder Sarao, who unexpectedly brings a good rhythm.
After Sarao left his job in 2008, he started his own company and bought a seat at the CME Group to prepare for a big move. His strategy was to engage in 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.
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."
The next day, Thursday, May 6th.
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 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, psychological ability assessment, rapid mathematical mental arithmetic, etc., he successfully passed them all.
Regarding the US stock market tonight, Fang Hong is not worried at all. The strategy of Star 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, he can only be said to be pushing it.
The person who pulled the first domino.
Whether he is playing games or doing transactions, what he is really interested in is defeating his opponents and getting high scores, but he is not very interested in spending the points.
There is another question that traders who have obtained the strategy cannot understand. Since the expected drop is so large, why should the quoted order limit the volatility of 60% of its drop? Doesn’t that mean that most profits are left unearned?
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.
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.
This guy is also a talented person. Sarao graduated from college and worked as a telemarketer and bank teller, but he always felt uncomfortable doing these jobs.
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.
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, and 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...!"
