Chapter 1119 Hands-on Futures Market

When it comes to the question of activation, Liu Tianci does not dare to answer indiscriminately.

He fell into thought, according to the company's internal planning, combined with the actual situation, he thought for a long time, and then said: "Chairman, with your previous strategic guidance, and with reference to other large stock exchanges in the world, the construction of the Heung Kong Stock Exchange in terms of system is very fast, the complete draft of the system has been completed last month, and now it is being checked and filled, at most four months, the complete system can be released." ”

"In terms of hardware, the Hong Kong Stock Exchange will completely abandon the remaining manual trading, and fully adopt the computer-aided trading system for securities trading, and the machines are all in place, and the commissioning of all the machines will be completed in two months at most, until waiting for the ...... to be activated."

"Personally, I expect that as early as October, everything should be completely completed, closing the big four exchanges and opening the Union Stock Exchange. ”

"Even the most conservative case can be enabled by December this year!"

According to Liu Tianci, that means it will take another five to seven months!

This is not a long time!

Once the United Stock Exchange is opened, then Xia Yu can let go of his hands and feet to build Xiangjiang into a financial center in Asia and even the world!

He smiled and said to Liu Tianci: "Tianci, just enable it this year." ”

"When I meet Peter Monroe, your job should be better. ”

"If there are any other areas where there is a lack of resources, you tell me directly, and I will arrange people to deploy them, and we must ensure that the United Stock Exchange can be launched quickly and steadily. ”

"Okay!"

......

After that, Xia Yu explained some things to Liu Tianci, and after he went out, Xia Yu called Wang Qi and went to a place with him.

At first, Wang Qi was confused, but when the car stopped, he got out of the car and saw a signboard not far away, and a guess came to his mind that shocked him.

"Wang Qi, let's go!"

Glancing at Wang Qi's shocked appearance, Xia Yu smiled faintly, greeted him, and walked straight towards Xiangjiang Commodity Exchange Co., Ltd.

Wang Qi suddenly came back to his senses, took three steps and two steps to catch up with Xia Yu's pace, and followed Xia Yu towards the Xiangjiang Commodity Exchange.

After walking in, the Xiangjiang Commodity Exchange is very deserted, although you can see many people trading, but it is not comparable to any of the four major stock exchanges in Xiangjiang.

Although the Heung Kong Commodity Exchange is currently the only futures exchange in Hong Kong, its operation is indeed not optimistic.

The Hong Kong Commodity Exchange was established in February 1977 and has been in full swing for five years.

However, in five years, the Heung Kong Commodity Exchange has developed six futures varieties, namely raw sugar and cotton trading at the beginning, soybean trading in 1979, gold futures trading in 1980, and silver futures and corn trading last year!

Last year, the total trading volume of the Hong Kong Commodity Exchange was only 2.6 billion Hong Kong dollars, which is equivalent to an average monthly trading volume of more than 210 million Hong Kong dollars.

Considering the trading scale of the Heung Kong Securities Market of more than 100 billion Hong Kong dollars a year, the trading volume of the Heung Kong Commodity Exchange is only less than one-fiftieth of the securities market, and this gap is like a chasm!

As one of the three major markets, the potential of the futures market is by no means only to this extent, which is not in line with Xiangjiang's plan to build a financial center.

Without a huge and mature futures market, the bustling stock market alone cannot support Hong Kong to become the world's financial center!

In Xia Yu's view, the Xiangjiang Commodity Exchange is a typical example of failure!

In February this year, the Hong Kong Commodity Exchange also conducted its first internal review in five years, which also found that its own operation had not been successful, and that shareholders and management were worried about the current sluggish and chaotic financial market in Hong Kong.

It was in this situation that Xia Yu was remotely controlled when he was in Paris, and quietly and silently, let Galaxy Fund complete the wholly-owned acquisition of the Hong Kong Commodity Exchange.

So now, the Xiangjiang Commodity Exchange is already Xia Yu's industry.

Now that he is bringing Wang Qi here, the meaning is obvious, he is going to do something to the Xiangjiang futures market!

After entering the company, Zhao Zhiyuan, the acting president who was notified by the employees, came to Xia Yu in a hurry.

Because the company was acquired by the Galaxy Fund, Zhao Zhiyuan had never met Xia Yu before, and he only talked to Xia Yu on the phone a few times.

In the face of Xia Yu's unannounced inspection, Zhao Zhiyuan was a little panicked in his heart, for fear that he would not be able to turn positive if he did something bad.

"Welcome, boss!"

"Zhiyuan, this is Wang Qi, the president of Jiuding Securities Company, you know it!"

He is Zhao Zhiyuan, the temporary acting president of the company. ”

Xia Yu, as the middleman, simply said a few words, and let the two of them get acquainted with each other.

After the two of them exchanged pleasantries, Xia Yu instructed Zhao Zhiyuan: "Zhiyuan, take me to the office." ”

"Okay, boss, please come with me!"

After speaking, Zhao Zhiyuan took Xia Yu and Wang Qi to the boss's office that had been prepared for Xia Yu a long time ago but had not been used.

After entering the office, the interior decoration made him more satisfied, he was not polite, and sat directly on the leather backrest seat in front of the desk, and then instructed Zhao Zhiyuan, who wanted to make tea: "Zhiyuan, you just let other people make tea, you go and get all the information of the company." ”

"Okay!"

Zhao Zhiyuan immediately put down the tea set, and after responding respectfully, he walked out of the office quickly, he asked his secretary to go to the boss's office to make tea for Xia Yu, while he himself rummaged through the information.

Not long after, he returned to Xia Yu's office with the sorted out company development report and other materials, and under Xia Yu's instructions, he first divided half of it to Wang Qi.

"Wang Qi, you take a good look and understand the situation of the exchange, and then you need to work with Zhiyuan to build the exchange well. ”

"Okay!"

After Wang Qi responded, he picked up the information and read it carefully.

Before I knew it, nearly an hour had passed.

Xia Yu and Wang Qi exchanged information halfway, and both of them had a clear understanding of the situation of the Xiangjiang Commodity Exchange.

"Wang Qi, after you have finished reading the information, you can express your own views and tell me why the Xiangjiang Commodity Exchange is not successful. ”

As soon as Xia Yu's voice fell, Zhao Zhiyuan looked at Wang Qi with twelve points of attention.

After pondering for a moment, Wang Qi said slowly: "Chairman, I personally think that there are two factors for the failure of the exchange. ”

"First, there are problems with the trading rules and regulations of the exchange, which need to be overhauled and improved in all aspects. ”

"Second, there are too few trading categories, only raw sugar, cotton, soybeans, gold, silver and corn have been launched in five years; except for gold and silver, the trading volume of the other four commodities is not large, and Xiangjiang is not a production area, just a transit station, and there is naturally no advantage in trading. And the exchange is also unlucky, whether it is gold or silver futures in recent years, it is not easy to do. ”

"Second, there are too few trading categories, only raw sugar, cotton, soybeans, gold, silver and corn have been launched in five years; except for gold and silver, the trading volume of the other four commodities is not large, and Xiangjiang is not a production area, just a transit station, and there is naturally no advantage in trading. And the exchange is also unlucky, whether it is gold or silver futures in recent years, it is not easy to do. ”

n.