My Fintech Empire

The rescue operation that turned the tide some time ago is still vivid in my mind. I was even more shocked by Fang Hong's courage. He was able to inject 2 trillion yuan of liquidity into the market. How rich is this?

It can be seen that Star Capital not only has the financial strength, but also has great courage.

Then it is impossible for SGX to lose its popularity and its ability to raise funds. Even if no one comes to play, in this theoretical extreme situation, the financing amount of Galaxy alone can make SGX go smoothly. When Dangdang is put into operation, it will not be a problem for Qunxing Capital to provide a financing scale of 200 billion yuan a year.

In fact, this extreme situation is impossible to occur, and it only exists in theory, because there are many people coming to support today, which shows the appeal of Qunxing Capital. Those with high EQ said they support it, and those with low EQ said they support it. There are many thigh accessories.

Among the various matters disclosed by the SGX today, in addition to the top-level design of the exchange that is of most concern to people from all walks of life, there is another matter that has attracted much attention.

That is the transaction detection and management system technology platform adopted by SGX, and the provider of this technology platform is Quantitative Capital.

Completely autonomous and controllable, it is currently the most advanced and even internationally leading trading system in the country. Technically, the trading system has the characteristics of high performance, high reuse, and scalability, and its real-time processing performance has been significantly improved compared to existing systems.

For example, the real-time processing capacity of transaction data has expanded to an astonishing 1.5 million transactions/second. The actual peak of transaction data processing on the first day of listing on the SGX may have exceeded 10,000 transactions/second, even if the number of stocks on the SGX will increase in the future. It can handle more than 3,000 stocks and a data processing peak of 300,000 transactions/second.

It is no exaggeration to say that even when the bull market was the craziest period with a daily turnover of 2 trillion, which was the most active period some time ago, this system can completely handle it without any pressure.

In addition, the system's overall information processing capacity can reach 50 million per second, significantly reducing computing latency, and can easily cope with continued growth in transaction volume and complex business needs.

Its functions are also closely integrated with monitoring and management to further enrich and improve the supervision model. This is a typical case where technology promotes further improvement of supervision capabilities.

Under the operation of this trading system technology platform, even if listed companies, large or small, or institutional investors want to reduce their holdings in violation of regulations, they are technically unable to do so because the stocks in their hands are locked during the sales restriction period. It is impossible to sell and cash out without saying a word, and the trading system will not be able to pass this level.

Including normal shareholding reduction announcements by major shareholders, the listed company must issue a shareholding reduction announcement in advance. The announcement will be entered into the backend database of the exchange. The built-in AI model of the trading system retrieves the company's announcement from the backend shareholding reduction archive. Announcement information, including announcements confirmed as official channels, will be unlocked after expiration.

For example, if a major shareholder with a shareholding ratio of more than 5% wants to reduce 2% of his stock holdings from the secondary market, he must first issue an announcement. The announcement will be included in the persistence archives, and the relevant AI large model search and confirmation is completed. 15 After one trading day, the shareholder can reduce his holdings normally. Without search confirmation, the stocks under the shareholder's name cannot be sold from the secondary market.

There are many more functions like this. This brand-new trading system technology platform can eliminate illegal operations directly from the source in many scenarios, so that everyone from all walks of life must follow normal procedures.

Moreover, it is basically unmanned and handed over to the AI ​​system for execution. In this way, some people who want to have a relationship will not be able to do it. AI does not accept gifts and can only operate according to logical rules. This is also a good thing for some managers. , this can also make it clear that you are powerless and want to give you a backdoor, but the AI ​​doesn’t listen to me...

The reason why this trading system technology platform has attracted much attention is that in addition to being advanced, it also puts pressure on the main boards of the two cities. Now many investors are talking about whether the transactions on the main boards of the two cities also use this advanced technology. What about trading systems?

In fact, many investors are looking forward to the opening of the SGX.

Because what investors dislike the most is unpredictable events, why are more and more hot money now less interested in playing tickets on the Shanghai Stock Exchange's main board, but more and more prefer playing on the Shenzhen Stock Exchange's tickets?

The reason is very simple. As long as the tickets in the Shanghai Stock Exchange are connected, after the demon is gone, it all depends on the villagers' wishes when to close the small black room. It may be okay to pull 10 consecutive tickets, but it may also be possible to enter the small black room after only three tickets. The main theme is you guess my little thoughts...

This is typical unpredictability, which is equivalent to allowing investors to start a psychological game with the village. It is not a roundworm in your stomach, guess? The investor's choice is not to play with you.

On the other hand, the Shenzhen Stock Exchange still follows procedures relatively speaking, and will not arbitrarily close small black rooms without triggering relevant regulations.

It can be seen that investors are not afraid of rules, but afraid of not following the rules.

The reason why so many people are looking forward to the upcoming opening of the SGX is that despite the strict restrictions on large funds, such as T+3 for institutions and T+1 for retail investors, investors are actually not resistant to these.

Comparatively speaking, investors value the lack of "flexible" management of the Stock Exchange. They don't have to worry about starting a psychological game with the exchange, they don't have to play tricks to guess your little thoughts, and they don't have to guess whether the management will suddenly fail without warning. The action catches people off guard, and the game is played according to the set rules and within the framework of the rules. Everyone relies on their true skills. Whether they lose or win, they are willing to recognize the results and will not be unconvinced.

Don't look at the fact that there are many voices saying that the SGX will not be popular at the opening of the market and that no one will come to play, especially if there are no big funds to play. In fact, these voices are just trolls. Real smart money will be willing to come. Play.

Because in this world, those who can really achieve their own interests by not following the rules will always be a minority. Even in their hearts, the vast majority of people envy those who do not follow the rules, and they also want to be able to not follow the rules and treat others badly. Form the advantage of dimensionality reduction attack.

But they don’t have the resources, relationships, or channels.

Then of course they prefer to abide by the rules, at least to ensure that they will not be attacked by others outside the rules.

When talking about thousands to ten thousand, there are two words: fair!

As long as SGX can achieve these two words and have the perfect foil from its peers, is it afraid that no one will come to support it? Worried that the market is not popular?

Nowadays, in major stock forums and stock exchange groups, the most discussed news content among investors is the various news content of the SGX. It has just been unveiled today and its popularity has already exploded.

What investors are most concerned about is how to open an account on the SGX. The trading mechanism of T+3 system for institutional investors and T+1 system for individual investors is already quite attractive.

The top-level design content of the SGX that has been announced makes people deeply feel that the matter of "protecting small and medium-sized investors" is by no means just a piece of paper and shelved on the shelf.

On the contrary, SGX not only does not have to worry about no one coming to support it, nor does it have to worry about lack of market popularity, but too much popularity is attracted to SGX, resulting in no one to support the IPO of the two cities' main boards. What should be worried about is the two cities' main boards. .

There are already many small retail investors complaining that the entry threshold of the SGX is too high. Many small retail investors are petitioning the SGX to lower the entry threshold for a position with a market value of NT$1 million to NT$100,000.

This shows that the market has high expectations and enthusiasm for SGX.

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