The Son of Finance of the Great Age

  Chapter 958 Big Avalanche (4)

   In Zhou Changan's opinion, Xu Fei is one of the smartest people he has ever met, and he can even get rid of this "one".

   Judging from the contacts in the past few days, Xu Fei's observation of the capital market has almost reached an unprecedented level. Of course, this has something to do with him being a big player in this market and his judgment on the impact of policies. But for Zhou Changan, who is almost a "bumpkin", Xu Fei is almost a god-like existence in his mind.

  Of course, for many people, Xu Fei in the capital market is also a god-like existence in their minds.

  Although there was an extremely rare sign of a thousand-share limit-down, the sharp rise in the next two trading days gave the market hope again. This hope is: the fundamentals have not changed, the lower limit is just that the management is adjusting the capital structure, and the bull market will continue.

  Many retail investors who were terrified in the past two days once again walked into the business halls of brokerages with funds, bringing them full of hope of making money. They had no idea what kind of situation was waiting for them ahead.

   "Young Master Zhou, is your trader here?"

Before the market opened, in his luxurious office, looking at the bewildered Zhou Changan, Xu Fei had a half-smile on his face, "I heard that this time your trader is borrowed from a foreign institution. ? And a top hedge fund?"

   "Yes, they are top hedge funds from Europe and the United States. I paid a lot of money to invite them, and I will send them back after the market is over."

Speaking of these two traders, Zhou Changan showed a proud look on his face, "If they didn't help me manage the funds in the early stage, I wouldn't be able to make so much money. Hehe, Mr. I'm digging a wall here!"

   "Even if I want to dig, I have to be able to afford their fees. You must know that their salaries are all calculated in dollars and pounds, and Zekang can't afford it."

Xu Fei laughed and gave the other party a reassurance, "Maybe you don't know how advanced foreign technology is. It is said that the world's largest hedge fund, Bridgewater Associates, is using intelligent programs to trade, and they don't know How is the profit?"

   "What robot trades?"

Zhou Changan asked puzzledly, "Didn't the intelligent program exist very early? Xu Fei, you can't fool me, I know this. It is said that there is a fund called Renaissance Technology, and they have used the intelligent program very early. The trade was done, and it was very profitable. Then again, when these two traders helped me trade, they also wrote some programs themselves."

   "It seems that you know a lot!"

What Zhou Changan said made Xu Fei a little impressed. He looked at the other party with a smile, nodded approvingly, and waited for the other party to finish talking before he said calmly, "The intelligent program trading I am talking about is not what you want. In fact, what I heard is that part of the funds in Bridgewater Joint Fund are managed by intelligent programs, which generate strategies, execute orders, and control risks by themselves. In other words, this intelligent program is like a transaction members, rather than a model that is simply motivated by external conditions.”

"artificial intelligence?"

Zhou Changan understood in an instant, he was shocked by this, and asked again and again, "Are you sure their technology has really developed to this point? Also, can this so-called program really make money? God, this is really It's incredible!"

  If what Xu Fei said is true, then the position of trader will almost disappear. At the same time, the competition in the capital market will not be human judgment and intelligence, but the development level of artificial intelligence.

  Let’s think about it again, not only the trader profession, but many other professions will face the fate of being replaced by artificial intelligence.

   It's no wonder Zhou Changan was shocked!

  “I don’t know whether it makes money or not, but what I know is that artificial intelligence may not be able to completely replace the human brain in the next ten years.”

Seeing Zhou Changan's shocked expression, Xu Fei shook his head helplessly, and smiled disapprovingly, "And we are not experts in this field, even if some professions disappear, we will not be without food, so there is no need to worry about this aspect." The reason why I tell you this is to let you know the fact that the level of technological development in foreign countries is much higher than ours, even in capital market transactions."

   "So what you need are my two traders..."

   It wasn't until this time that Zhou Changan came to his senses. The other party went around in circles for a long time, and the focus of the conversation was still on his two traders.

"good!"

After lightly knocking on the table twice, Xu Fei stood up and said seriously, "Although my traders are top-notch in the country, I have to say that they surpass us in some areas. Let them come in now, some I need their help in the situation, and if it can be applied well, it will become our trump card when necessary."

"it is good!"

  Although he didn't know exactly what he wanted to do, Zhou Changan couldn't help getting excited when he saw the other party speak so solemnly. He gestured to the door, and the two traders who were waiting outside pushed the door open and entered.

  The height of these two traders is not high, both are about 1.75 meters, and both of them are of Chinese descent, they can not only listen but also speak Chinese. At the beginning, Zhou Changan was looking for the Chinese traders, because it is not only impossible to accurately express his meaning if he finds another translator, but also there is a risk of leaking the secret.

  The one on the left is very burly, with a square face and thick eyebrows, and looks dignified. The one on the right is slightly thinner, with a very ordinary appearance, the kind that can't be found in the crowd, but there is often a cynical smile on the corner of his mouth.

   "This is Chi Zhengyi, from Tianma Fund Company in the United States; the other is Luo Tian, ​​from Insman Hedge Fund in Europe."

  Zhou Changan introduced Xu Fei one by one, and at the same time introduced Xu Feidao, "Gentlemen, this is Mr. Xu Fei. He is the most prestigious fund manager in Huaxia Capital Market, known as China's Soros."

"yes?"

  Both of them originally looked very relaxed, but after hearing what Zhou Changan said, their expressions changed, and the always cynical Luo Tian put away the smile at the corners of his mouth.

  A strong person will be respected no matter where he is.

   "Mr. Chi, Mr. Luo, hello!"

Xu Fei smiled all over his face without any airs. He shook hands with the two, and then warmly invited them to sit down. I'm working for Mr. Zhou, I wonder if the two of you can do me a little favor?"

   "If Mr. Zhou has no problem, we naturally have no problem."

The two looked at each other, but they didn't understand what was going on, but they were employed by Zhou Chang'an, so naturally they had to take care of the employer's face first, and the person named Chi Zhengyi said , "But if you want to help you, do you need to sign another contract?"

"unnecessary!"

  At this time, Zhou Changan said directly, "You just have the right to do things for me, and your salary will be calculated according to the contract we signed before. Don't worry, I will definitely not let you do anything."

   In his heart, he cursed loudly. These two people asked for money as soon as they opened their mouths, and they almost humiliated Xu Fei in front of him. But it's hard for him to say anything, after all, the other party is only acting according to the signed contract.

  After hearing that there would be no problem with their remuneration, Chi and Luo were visibly relieved, with smiles on their faces.

   "By the way, what does Mr. Xu need us to do?"

Among the two, Chi Zhengyi was more serious, and just after he relaxed, he realized another problem, "Although we are hedge fund traders, we are not omnipotent, because the market is formed after many games. If you want us to keep making money, then sorry we can't."

"I'm not an idiot!"

  Xu Fei became obviously displeased when he heard this, and said in a serious voice with a straight face, "Don't worry, I just need you to do some things to confuse the market, and I will do the money-making things myself."

  As the first brother of a private equity fund, Xu Fei has a much deeper understanding of the market than these two. And most importantly, the name of the so-called foreign trader has no effect on Xu Fei at all. Two people like Chi and Luo can only bluff a layman like Zhou Changan.

  Seeing that Xu Fei was obviously upset, Chi and Luo tactfully stopped talking, even though they didn't know what they did wrong.

   "I heard that you can form false transactions in the market through programmed operations?"

After Xu Fei calmed down for a moment, he continued, "It's just a sudden large amount of sell or buy order that directly raises or lowers the price of the quotation system, but it doesn't actually make a deal. As long as the price is lowered within 0.1 seconds It is much lower, and then triggers some automatic selling orders. You should know this kind of technology? I need you to show me this kind of technology at a critical time, and then change the market trend.”

   "You mean high-frequency trading, right?"

Hearing this, both Chi Zhengyi and Luo Tian laughed, and Luo Tian even said exaggeratedly, "I'm the best at this. As long as I have enough equipment and network speed, I can transfer a person's data in one minute." A stock is down 90% in price. Sorry I forgot, your market can only go down 10% a day."

   "Mr. Xu, isn't this illegal?"

Compared with Luo Tian, ​​Chi Zhengyi was much more serious. He didn't answer directly, but pondered for a moment before saying, "High-frequency trading is extremely destructive to the market, so the supervision in our market is extremely strict. We will be invited by the SEC to investigate. I don’t know what the rules are in the Huaxia capital market, but if we are targeted, it seems that the risk is a bit big!”

   "You can rest assured on this point, the legal matters are left to us, and if you do things for us, we will protect you no matter what."

After realizing that the other party could do this, Xu Fei was in a good mood, and said with a smile on his face, "Maybe you two don't know who this Mr. Zhou is in front of you? Let me tell you, even if you kill someone, he can do it." Keep you safe and sound."

"what?"

  Both of them were taken aback, and turned their heads to look at Zhou Changan at the same time, but saw the other party's face full of complacency, without the slightest intention to deny it, and then realized that what Xu Fei said might be true.

   "But there is no evidence for words, we still need to sign an agreement."

  After thinking about it with his head tilted, Chi Zhengyi said, "If the matter is exposed, we will exempt from any legal obligation agreement. Only in this way can we help you do such a thing."

  As soon as Luo Tian heard this, he immediately nodded abruptly, obviously agreeing with Chi Zhengyi's words.

   "These yellow-skinned and white-hearted fake foreign devils have a lot of things to do!"

  Xu Tian had a smile on his face, but he was yelling and cursing in his heart. In the end, he had to bow his head when he asked for help, "No problem, I will ask the lawyer to draw up the contract now, and we will start working immediately as soon as the contract is signed."

   You can be happy because there are many votes, and you can’t be depressed because there are no tickets~ Tomorrow is the Mid-Autumn Festival. I wish all book lovers a happy Mid-Autumn Festival and have fun during the holiday~!

  (end of this chapter)