My Fintech Empire

Chapter 808 [Transactions don't count? The market is in an uproar]

At the current juncture, Quantitative Capital suddenly broke the sky, and the outside world almost unanimously speculated that the game between Qunxing Capital and Wall Street might have a new twist.

The stock price trend is the best interpretation.

Those who hold coins for the holidays call this decision too wise, and those who hold shares for the holidays are now regretting it, how can they survive the moths before the holidays.

A big news came out that night. It is rumored that an internal staff member of CME Group broke the news that the unprecedented extreme market caused by the sudden black swan event was caused by the failure of the trading system. Trades executed in the trading system between September 15th and September 17th EST.

To put it bluntly, the extreme market price transactions during the period of sharp rise and fall in the middle of this month will not be counted, and the exchange will implement a "rollback" operation.

In human terms, it's cheating.

As soon as the news came out, the global capital market was in an uproar, and the external market plummeted in response. The three major North American indexes experienced severe price fluctuations during the day.

This financial disaster that has spread to the world and wiped out the market value of 7 trillion US dollars has been blamed on the failure of the trading system. This is something that everyone did not expect, let alone the fact that the transactions of those three days were not counted.

This is a mess.

The investors who lost money in those three days all supported the exchange’s “rollback” operation, and they strongly supported it, while the investors who made money in those three days strongly opposed it, and they strongly opposed it.

There was a lot of quarrel that day, and both parties felt that there was nothing wrong, so why should they bear the loss?

They are all desperately defending their respective vested interests.

The emergence of this news caused violent fluctuations in the capital market again, because this behavior of the exchange is ignoring the rules, and many investments will no longer be safe. Investors cannot guarantee that similar things will happen again, which makes many people lose confidence.

But just as the capital market was in chaos, those big crocodiles on Wall Street were fishing in troubled waters, taking the opportunity to reap blood.

No matter whether the market is rising or falling, whether it is good or bad, as long as it can produce violent price fluctuations and huge turnover, you can profit from it. The purpose of releasing this news is to create chaos and cause panic in the market, so that we can better fish in troubled waters.

...

The news spread to the country and caused a huge sensation in the domestic capital market. Qunxing Capital, including quantitative capital, once again entered people's field of vision and aroused heated discussions.

[The reason for the slump of quantitative capital in late trading has been found! ]

[Lao Mei is really shameless, she cheats when she can't afford to lose, and the deal doesn't count. ]

[If you lose money, the investment is risky and you are responsible for your own profits and losses. If he loses money, it means that the trading system failure does not count. ]

[This rollback is a real show, I have never seen such a brazen person. ]

[Can you still play like this? Are the rules a joke? ]

[The ones that are beneficial to them are called rules, and the ones that are unfavorable to them are called faults. ]

[It’s no wonder that quantitative capital will go out of the sky. After the festival, it will go up and down after the festival. ]

[The quantified capital has been hit, and it's numb. ]

[So, whether it is Qunxing Capital or Quantitative Capital, the wealth harvested some time ago does not count? Have a lonely time? ]

[Fortunately, I ran away, I knew something would happen during the holiday. ]

...

Originally, I was super optimistic about Quantitative Capital, but as soon as the news from Laomei came out, it immediately became a major negative. Every investor knows that Quantitative Capital’s seven-day daily limit has doubled. In this sudden black swan incident, following the parent company Qunxing Capital to harvest Wall Street and make money.

But if Laomei cheats and the transaction does not count, the support for this round of doubling and skyrocketing will be taken away, and it will be difficult for the stock price not to collapse.

Now, people from all walks of life are guessing how Qunxing Capital will respond next, including how relevant parties at the national level will respond. After all, such a large interest should not be indifferent.

Do you still have to spit out the meat you eat in your mouth?

But with such a big news, the outside world found that Qunxing Capital’s reaction was really paradoxical. It stands to reason that Qunxing Capital, as the biggest loser in the “rollback operation”, should immediately stand up and voice its opposition. It seems that there is no such thing at the national level. what action.

In the end, there was no sound, but everyone said they were not in a hurry. For the first two days, everyone felt that Qunxing Capital and relevant parties were silent, and it should be an urgent discussion on countermeasures. After all, this is a big matter.

Fortunately, it happened to be a week-long holiday for him. Big A didn’t open the market, so he escaped the catastrophe temporarily, but he could only escape for seven days. If it continues like this, there will be no substantial changes. When the market opens seven days later, everything that should come will come.

However, the external markets are still open as usual. In the next few days, the three major indexes in North America will continue to fall. Although there is no explosion at the level of a big circuit breaker, the strength of the continued decline is also unambiguous. It will soon drop to September 16. The lowest point during the killing period of the Black Swan incident.

The truth has always been in the hands of a few people. Fang Hong is now watching from the sidelines, watching the show silently as a melon-eating crowd. He knows that this so-called "rollback operation" is just used to scare people, and he has already paid for it in blood. It is impossible to play a rollback operation and lose 3,000 yuan to impact the credit system.

At present, the vast majority of outside investors are led by Wall Street, and this round of slump is a disastrous one. The chaos and panic were originally created by those big crocodiles.

After the sell-off, short profits were reaped, and then the exchange stood up and declared that it would not retrace. The previous transactions were all counted, and then they were looking for someone to take the blame for the dead ghost. This matter is over, anyway, you There is nothing to do with him.

What is certain is that before the statement came out, those big crocodiles on Wall Street had already made their arrangements. As long as the statement appeared, the market would rise sharply in response, and the short sellers would immediately eat the long sellers, completing a round of wealth looting and recovering their losses. .

As time passed day by day, more than half of the small holiday soon passed. Many people in the country were waiting for Qunxing Capital or the response from relevant parties, but there was still no movement.

Now more and more people are not calm, especially some investors who are chasing up quantitative capital on the last trading day before the festival.

Is it to confess?

For a while, pessimism began to spread rapidly. He felt that Fang Hong had shown weakness in this matter, and he didn't even say a word. Many people left comments on his personal Weibo account.

It was very lively outside, full of people's voices, Fang Hong didn't pay much attention, and ignored the voices on the Internet, and he didn't patronize to eat melons to watch the scene of Wall Street harvesting the market to recover blood.

This time, he earned 5 trillion yuan in blood. How to dispose and control this wealth is the most important thing in front of him. It is impossible to keep this fund unchanged. The amount of depreciation in one day alone is an astronomical figure.

So this wealth has been harvested, and it must be used as soon as possible, otherwise it will be a burden to guard the golden mountain.

How to spend this money is the top priority right now.

... (end of this chapter)

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