The investment era of rebirth

Chapter 188 Training of Traders
"Well!" Su Yu nodded with a smile, and said, "Yes, light on the index and heavy on individual stocks. This is a relatively clear policy. Various other bad news, when the current overall market valuation and index points have bottomed out, and investors have low expectations for the market outlook, the negative impact is limited."

"So, no matter how you analyze it, the market index has little room for decline."

"In this way, the main difference lies in changes in local market conditions and individual stocks."

Everyone continued to discuss, and the time reached 5:[-] in the afternoon. The market's dragon and tiger list was announced, and I saw hot stocks, such as Shanghai Stock Market, Shanghai-Hong Kong Group, Shanghai Steel Union, etc., and the hot money has retreated a lot. For the popular stocks on the list, funds are showing a state of outflow.

For the dragon and tiger list data of each stock.

As for the news of 'Shanghai Free Trade Zone', which is still vague and half-hidden.

Everyone's discussion is still the same, but its enthusiasm is completely covered under the discussion topic of "Guangda Securities Oolong Market", which seems not so eye-catching.

In the evening, as the investigation team of the China Securities Regulatory Commission updated the investigation results of Guangda Securities.

As the market rumored that Guangda Securities did not have so much capital, the news fermented that it was short-buying, short-selling, and false pending orders to manipulate the market.

The public opinion in the market was in an uproar, and the discussion about the incident exploded in a straight line.

reached unprecedented levels of intensity.

Even, in the discussions about this event, many people have called for rebuilding the market rules and overthrowing it and starting over again, directly comparing this "Oolong Market" event with the "95 National Bond Futures" event in 325, Call it a dark page in domestic financial history.

In order to calm the influence of public opinion in the market, and this accidental event, it will harm market investors.

The next day, when the public opinion on the incident was still fermenting.

The regulators, as well as the senior management of Guangda Group, after unanimous meetings and opinions, removed the executive president of Guangda Securities Company, the general manager of the investment and trading strategy department, and the relevant responsible persons. The trading system also issued an internal self-examination document.

And, among its internal decisions...

In order to save the substantive crisis of Guangda Securities, through the personal matchmaking of the chairman of Guangda Group, a large domestic bank provided a short-term loan of 35 billion to help Guangda Securities realize the actual capital settlement in the transaction and complete the closed loop of the transaction chain to avoid direct credit bankruptcy.

On the third day, 'Mingchuang Software Development Company', which is the trading software development company of Guangda Securities, was launched to take responsibility.

So far, the "Oolong Market" incident caused by Guangda Securities has been formally characterized as "the failure of the internal trading software buying order", that is, the extreme market market event caused by the failure of the trading system, rather than human factors.

Of course, apart from the essential factors of the outbreak of the incident...

About Guangda Securities, after the failure of the internal trading system, it did not immediately disclose relevant important information in accordance with the corresponding rules and conditions. For a series of violations and violations of the contract list of the main force, the China Securities Regulatory Commission still plans to initiate an investigation against Guangda Securities in accordance with the formal process, and hold it accountable for insider trading and market manipulation.

And when things get to this point...

Everyone gradually became clear about the truth of this incident, and the popularity of public opinion on the incident finally began to slowly drop.

"Unfortunately, General Manager Xu of Guangda Securities Company is still quite a person, with a good sense of crisis management. At least in the hedging transaction that afternoon, he performed very well." After seeing the new release of Guangda Securities After the announcement, Su Yu said with emotion, "University of Manchester, UK, with a Ph.D. background in finance and five years of experience in the industry, to be the general manager of Guangda Securities' proprietary investment and trading strategy department. It's still very powerful."

"Since you think it's powerful, then dig him over!"

Li Meng put a cup of ice-cold coffee in front of him, and said with a smile: "After this person is pushed out to take the blame, other large brokerage companies probably won't dare to take it."

"It's not just that..." Su Yu said, "In the future investigation of Guangda Securities by the China Securities Regulatory Commission, the two major responsibilities of insider trading and market manipulation must be left to him. Even if he does not enter, I am afraid he will be banned forever." The penalty for entering the domestic financial market has been decided."

"That's really a pity." Hearing Su Yu's words, Li Meng also sighed softly.

"Forget it..." Su Yu picked up the coffee in front of him, took a sip, and said, "There are not a few talents in this world, one less is a lot, and one more is not too many."

"En!" Li Meng responded, and continued, "Of the traders in our company, who do you think has the most potential? I'm thinking that our company should expand its asset management volume after the fund net value is settled at the end of the year. The market is still at the bottom, and one or two more funds should be established.”

"At that time, it will definitely not work if the two of us take the lead."

"It's too busy just to build a position and keep an eye on the market, let alone continue to bring in new people."

"I know what you mean." Su Yu responded and asked, "Who do you think has the most potential?"

"Zhu Tianyang!" Li Meng said, "At least there is no problem in thinking and operation. The analysis of market changes and intraday operations are also remarkable."

Su Yu nodded slightly: "There is nothing wrong with thinking and operation, but in terms of temperament, he seems a little anxious. Basically, every time he makes a move, he is on the left side of the real change in the market. His approach is based on his own correctness. Judging, you will reap huge profits, but if there is a 'black swan' event in the market, using him... the company will suffer extreme losses. This person is the core backbone of the trading team. The amount of funds is not appropriate."

"Relatively speaking……"

"Liu Yuan is not as precise as him when looking at problems, but she is more stable and patient."

"I see her operation, there are very few people entering the market on the left side, and when the market turns to the right side, the chances of certainty increase, this girl is willing to make heavy moves, which proves that her inner courage is not small, continue to cultivate , should have the ability to carry large capital operations in the future, and be able to stand alone."

"En!" Li Meng thought about it carefully, "Liu Yuan is really good."

"Where's Wang Can?" Li Meng asked after a pause.

Su Yu thought for a while, and replied: "Growing is a bit slower, talent is limited, but the bad problems in trading, after this period of actual combat, have changed a lot, let's see... I know him, and he himself I have no pursuit, I kept him in the trading department, one is to teach him something, and the other is to think that he can be the backbone of the trading department in the future, and when you and I are not present, he can keep an eye on the trading department without any problems."

After Li Meng heard that he used the motive of 'Wang Can', he was silent for a while, and didn't bring up the topic again. He paused and said: "The subsequent recruiting of the trading department will still follow the rules you specified before?"

"Yes!" Su Yu said, "People who cultivated by themselves are more at ease when they use them."

Every trader currently entering the company is personally recruited by him, and Qin Haowen has done a background check. Private equity firms, but their strict conditions for recruiting traders are almost as strict as those of large securities firms.

The so-called rather lack than abuse, Su Yu's employment requirements are just like this.

Of course, every trader who comes in will also get his personal guidance. Speaking of it, from the perspective of pure career development and ability improvement, it is really one-on-one guidance from the top experts in the market.

Therefore, among the few people in the industry who know that behind the 'Yuhang Investment' company is Su Yu, a master of Fortune Road, who is operating the business, this job that does not seem to have a high threshold is actually quite competitive.

"Oh, right……"

Li Meng paused, and then said: "Our fund's account opening business department, general manager Qu from Fortune Road of Huashang Securities, would like to treat you to a meal. I heard what he said, there should be something, I want to ask you to come .”

"General Manager Qu." Su Yu whispered, and said, "We set the capital seat behind Fortune Road. His current status, in the entire Huashang Securities Company, should be thriving and stable. What else does he want to ask for? Isn't that enough?"

"I guess it's about the self-operated market of the sales department!" Li Meng guessed, "We set the fund seat behind Fortune Road, and the customer resources and commission income of the sales department have increased, but the performance of the self-operated market is still the same. Sloppy, it is estimated that General Manager Qu is thinking about you, what is he thinking?"

"Hehe..." Su Yu chuckled lightly, "If that's the case, then it's really unsatisfactory."

"Then do you think... see or not?" Li Meng asked.

Su Yu thought for a while, and said: "At present, people want something from us. In other words, we are the powerful side. It doesn't matter if we see each other. It's just that if the other party wants to get something from me, it really wants to too much."

At present, his reputation and performance have risen, and the company has no shortage of customers and funds.

And for the brokerage companies that still focus on brokerage business in the current market, this is really a sweet potato, and everyone wants it.

Therefore, he is really worthy of the opponent.

During the discussion between the two, the market's discussion on the "Guangda Securities Oolong Market" is still going on.

In the evening, Su Yu and Li Meng were invited together to meet General Manager Qu of the Huashang Securities Fortune Road Sales Department. As expected, the other party really proposed that the two parties could work together so that Su Yu could properly guide the operation Strategies to improve the performance requirements of the sales department's self-operated trading.

And Su Yu, of course, mercilessly refused in person, without giving the other party too much face at all.

Of course, during this period, in order to retain 'Yuhang Investment', a private equity firm that had a huge influence on the brokerage business of the sales department, General Manager Qu could only laugh along with him the whole time.

After dinner, I went home and rested for the night.

The next day, Su Yu woke up and found that the investment sentiment in the entire market had recovered a bit compared to yesterday, the impact of the 'Guangda Securities Oolong Market' incident was decreasing, and the market rumors related to the 'Shanghai Free Trade Zone' had resumed. Gain the upper hand in online topic discussions.

(End of this chapter)