My Fintech Empire
Chapter 784 [Unplug the network cable]
This closed-door internal emergency video conference lasted less than three minutes to make a decision, and the efficiency can be said to be quite fast.
They can't afford to delay, because every minute of delay is an astronomical loss. If this meeting is opened for an hour, the day lily is not a problem of being cold, but it is already smelly.
The final decision is to unplug the network cable!
The time node at that time was 16 minutes after being reversed short squeeze, as the world's largest futures exchange, Chicago Mercantile Exchange suddenly issued an emergency announcement: due to technical problems in the trading system, all CME-Globex markets were suspended .
CME Group was the first to announce the unplugging of the network cable, and other exchanges followed suit.
WTI crude oil and North American natural gas on the NYMEX platform of the New York Mercantile Exchange; gold on the COMEX platform of the New York Mercantile Exchange, CME commodity futures contracts including corn, wheat and soybeans on the CBOT platform of the Chicago Board of Trade, and some global exchanges Trading of the most actively invested financial instruments, including futures on Magnesium Treasury bonds and the S\u0026P 500 Index, was suspended.
A spokesperson for CME Group responded that it is currently looking for the reason and will announce the market restart time soon.
The so-called suspension of trading, the expression of low EQ is to physically unplug the network cable.
Investors all over the world were in an uproar, and domestic investors also said that they have been patronizing and witnessing history for the past two days. This situation gives people a rhythm that is about to evolve out of control.
At this moment, the media all over the world are covering the sky and covering the sky, and a series of sudden incidents in the capital market have become the headlines of various media, large and small.
The popularity on Internet platforms at home and abroad remains high, and they are basically reporting related news.
A trader of a quantitative hedge fund on Wall Street said in an interview with the media that in the last 40 hours, due to the "black swan" event in the world's major capital markets, stocks, futures, options, bonds and their financial derivatives In total, about $7 trillion has been evaporated.
However, the trader did not disclose what caused the "black swan" incident, because he did not know, and even if he knew, he would not dare to speak nonsense even if he was killed without instructions.
...
At the same time, it was late at night in the eastern hemisphere, and Fang Hong, Qiu Guangcheng, Chen Yu and others also had another temporary video conference at this moment.
At this time, Huayu said with a look of amazement: "As expected, the network cable has been unplugged in North America. I have to say that these two days are the greatest trader I have ever seen in my life. There is no one who has ever done it before, and there will be no one who will come later. "
The other people at the meeting also nodded repeatedly to express their agreement with this point of view. Everyone present admired Fang Hong to the point of worship. All of this was actually because he was remotely manipulating the strategy of the audience, and he controlled the opponent to death throughout the whole process. Standing on the atmosphere, he perfectly predicted the opponent's prediction.
Not only that, but it takes a lot of courage and courage to dare to play so big. If it were any other person present, even if they could do it, they would not have the courage and courage to make up their minds to do it.
Qiu Guangcheng, who was present at the meeting, also said: "The current situation is perfectly progressing according to our rehearsal. If things go according to this progress, if there is no accident, after the opponent unplugs the network cable, it should be reckless. .”
At this moment, Shi Yao, who was present at the meeting, couldn't help but said: "What I'm more worried about is that our funds have been withdrawn from the venue at present, but the funds cannot be transferred away. Strictly speaking, the funds are not out of risk. If they come A big freeze operation, our funds are still at risk of being dug out."
Shi Yao added: "Taking US stocks as an example, after the US stocks are sold, the funds will be credited to the account in real time, but it does not mean that you can withdraw cash and leave immediately, because the US stocks implement a T+3 mechanism."
The so-called T+3 means that investors can only withdraw funds after the opening of the third trading day after selling their stocks in the US stock market.
Now that Laomei has directly "unplugged the network cable", it means that it cannot be moved. If you want to check, it is very simple. What accounts have earned blood are screened out, and then further screening can lock the capital account of Qunxing Capital.
At that time, they can be frozen in a targeted manner, and the principal and interest will be confiscated. At that time, there is really no good way to take them.
After a while, Chen Yu, who was present at the meeting, said directly: "Hey, what you said is technically possible, but it doesn't have a realistic basis. Then you have to check all the investment accounts in the world one by one. They have to check By when? Other investors are not allowed to blow their hair? Taking a step back, if you want to investigate, you have to close the transaction for a long time, and he can't finish the investigation in a day and a half."
Chen Yu further added: "And I also have technical means here, and it is impossible to catch them without a fight. I can make them have a large area of false investigations, and those who are mistakenly inspected, frozen and confiscated are not allowed to fry the pan? Globally, this has spread to many people. How old is he, is the old beauty hugging the barrel and creating a bigger basket? If this is done, the global economic order will completely collapse, and the order of the Western capital market will also completely collapse. The loss will not be 7 trillion US dollars Now, one or two old Americans can’t handle the scale of the annual GDP loss, and they might be completely devastated, so they absolutely dare not do this.”
Speaking of this, Chen Yu continued: "If you don't say anything else, just say that the network cable is suspended and the transaction is suspended. They will delay it for two or three days at most, and then they will definitely restart the market transaction. If they dare to shut it down for more than a week, all of them The losses caused definitely exceed the scale of the profits we harvested, and the losses are even greater, not to mention the risk of complete loss of control in the future. Once out of control, no one can guarantee what the consequences will be."
Obviously, Chen Yu's conclusion is very simple, they dare not!
Especially in the old America, finance is the foundation of its country, and doing so is tantamount to digging its own roots.
Even if it is technically feasible, there is no realistic basis for implementation.
Hearing Chen Yu's analysis, Shi Yao also felt that his worries were overdone. As long as the market restarts trading, all funds can be withdrawn immediately.
Therefore, the only option for Lao Mei is to recover the losses through the game at the national level and the game at the political level, but this is another matter.
After a while, Fang Hong, who hadn't spoken, asked quite calmly at this moment: "Not counting the 300 billion US dollars that was safely evacuated earlier, how much profit is there now?"
Hearing this, Qiu Guangcheng suddenly regained his energy. He suppressed his excitement and reported: "As of now, after removing the 300 billion U.S. dollars, the total profit harvested has reached 2.71 trillion U.S. dollars!"
All the people present were moved by it. Counting the previous 300 billion U.S. dollars, it was more than 3 trillion U.S. dollars, excluding exchange rate changes, which was equivalent to 18.6 trillion yuan.
What is the concept of this number?
Compared with the current market value of Xingyu Technology, it can match the sum of the market value of 13 Xingyu Technologies; compared with last year's national fiscal revenue of 13.5 trillion yuan, it is 5.1 trillion yuan more; compared with last year's national land sales revenue 4.2 trillion yuan, 14.4 trillion yuan more than that.
If 40 billion yuan can be used to build an aircraft carrier to calculate the price, 465 aircraft carriers can be built.
...
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