Rebirth 79: I opened a bank in the United States

Chapter 959 Information Delay
Whether it is Carter or the traders in the eye of the storm on the front line in New York, their thoughts are extremely simple.
None of them thought about what kind of show operation they would do at this moment.But just because you don't burn it doesn't mean that others don't burn it, and even that it's not someone who is burning it!
When the Chicago Mercantile Exchange sold a large number of stock index futures contracts at the opening, the New York Exchange also quickly followed up after a moment of sluggishness.At the beginning, the fluctuations in the stock market were relatively normal, but the one that pushed almost everyone into the abyss appeared in the futures market!

New York and Chicago, the top two financial cities in the United States, unanimously sold a large number of stock index futures, and saw that there were a large number of sales in the market, but few bought.
The stock market is panicking too!

In just one hour, Carter watched the Dow Jones Industrial Average drop 67 points.The average is less than 1 minute, and it drops a little.
Such a rapid decline made Carter hesitate to issue an order to close the position, and he couldn't help feeling a little ecstasy in his heart.

This sign, this trend.
The taste is so positive!
Look at the speed!

In the first trading week of October, in five trading days, it only dropped a total of 158 points!In the second week, it had already fallen by 235 points, and on the 16th it fell by more than 100 points in a single day!And now in the third week, on the first day, in the first hour, it dropped 67 points.
The double-accelerated fall is like a roller coaster that is constantly being accelerated and dived.Its speed will only get faster and faster!
And this also means that I have already planned to give up waiting for the opportunity of the stock market to plummet. That window seems to have appeared!

However, the joy came and went quickly.
"Boss, there is bad news! On my computer, it just showed that there was a successful transaction time 10 minutes ago!"

"what?!"

"I'm afraid the current situation is a bit out of control! There is a serious information delay in the processing of transactions by the computer of the NYSE! Colleagues at the scene said that they have seen ATT's car arrive at the gate of the NYSE."

"Affected by the wind? Is there a fault in the cable?"

Carter expressed his understanding of the fact that Chris had a transaction.After all, before I officially issued an order to suspend liquidation, some orders were still sent out
Carter didn't care about such trivial transactions.

When hearing this new situation, Carter's first reaction was disbelief!

In an exchange where every second counts, a 2-minute delay in information transmission is a fatal event, let alone a 10-minute delay? !
"That's not right. If the cable is blown by the wind, no, it's impossible! The signal cables of the New York Stock Exchange are all buried underground, and they are hardly affected by the storm!"

"Oh! Okay, I see! I will report to the boss now, you are right! Just now Tru called and said that the people from ATT said that the signal cables were all normal after the inspection. I wonder if it is the NYC. There is a problem with the computer system of the institute! IBM engineers are on their way urgently"

The voice on the other end of the phone paused slightly, and then some bad news rang out:

"Taking advantage of this time, boss, there are still some situations. I don't know how much time delay there is on your side, but if possible, I hope you can come back now."

"Now relying on market data alone may no longer be able to reflect the actual situation. Just now, Trudeau sent a message from the New York Stock Exchange. Currently, there are 500 blue-chip stocks in the S&P 95 constituent stocks, none of which have been traded. Not even one No one is willing to buy their stocks! This has already accounted for 30% of the index! Among the thirty constituent stocks of the Dow Jones Industrial Index, 11 stocks have not been traded!"

"Oh! Schett, it's only down 13 from my side, and you're telling me it's down 49 now?! Oh my god, me"

Just when Chris announced this, making Carter not sure whether to say good news or bad news for a while, another loud roar suddenly came into the receiver
"Browning! Can you please keep your voice down, I'm reporting to my boss!"

"You are still reporting a fart now! Look at me, all the prices displayed here are wrong! Just now, an old friend of mine called me to ask for countermeasures, and he told me that the stock price of General Electric has fallen. $49, and look at me, it's only 13 oh my god, it's 15 now! What an improvement!"

"We are still in New York, and this situation has already occurred. No matter how much you talk to the boss now, what's the use? All the information we have now is all inaccurate!"

The haze instantly covered Carter's face
A sharp drop in the stock market, or even a sharp drop, should be a good thing for Carter.But it can fall, like today, the situation is full of problems.
Information was delayed, a considerable number of constituent stocks were not traded at all, and even price updates went awry.
When there was such a strong error in the price of a single stock, Carter instantly realized that he had spent a lot of money, and within a weekend, several sets of tracking equipment installed by others had all become decorations!

"Let me see the gift crab. Boss! I'm afraid you really have to come back to sit in town. The current situation has exceeded all of our expectations! To be honest, I don't know what to do."

"Do you want to wait any longer?"

"Wait a little longer, wait for the news from Mr. Tru, and see what's going on?! It shouldn't be, the New York Stock Exchange has never made such a low-level mistake before! In addition, I also need to call a few calls"

"Okay, then I'll wait for your news!"

After hanging up the phone, Carter picked up another phone almost without stopping.
Today, the U.S. stock market plummeted, and even a large number of stocks failed to find a home, which caused panic in the market, but in the final analysis.This has little effect on Carter!Even on the contrary, the more this is the case, the more I earn!
But don't forget where are you now? !
Perhaps only a pure big bear like myself would be ecstatic at this moment!
For most people, for most institutions, and even for the federal government, none of this is what they want to see!But if I want to hang around here in the future.
As Carter said, after a full meal, Carter can still screw it up!
Almost got it, too easy for a convertible.
Carter didn't want to suddenly have a brain hole!

But just as Carter picked up the phone, a phone rang just right.

"Hello? Which one?"

"It's me, George! Thank goodness you're still in Arlington! Hurry, hurry! Now, come to the White House at once!"

"Okay, I'll go right away!"

After a little hesitation, Carter gave up his plan to rush back to New York.In other words, at this point in time, yearning to run to New York, I can't move for a while.
Affected by the storm, many flights were grounded, and I did not book a private jet today.Who knew that such a thing would happen suddenly today? !

"Okay, wait for me and Mr. Howard Baker, waiting for you at the gate of the White House!"

(End of this chapter)