56 I am afraid that I will not be able to bite the hook
[bookid=3032268,bookname=Amphibious Special Forces]
Gran Gully was a friend of Smith Capper's alcoholic and meat friends, and was responsible for executing orders at the New York Mercantile Exchange Metals Counter in New York City.
He had received a special commission from Smith to ensure that his orders were executed first!
However, there are family laws, industry rules, and the order execution order of the exchange is strictly regulated!
The rules of this order are one, price, and two, time.
The price is when the quotations of both parties are consistent, and this is the first thing to do.
After this is completed, there are still surplus contracts, and priority will be given to those orders that go with the market terms.
This means that whatever price the other party offers, he accepts the offer.
Of course, among the orders that can be selected, there is also a stipulation, that is, according to the smallest difference in the opposite direction of the order, priority execution.
If all of the above conditions are the same, and the other party's contract is less than the number of parties that are needed, then it is strictly chronological, first come, first served.
In this way, in order to ensure that your order is executed first, the order placed must meet two conditions.
First, the price is low, and second, the order is placed early.
And the safest thing is that the price is low.
As long as your price is lower than others, you are guaranteed that your order will be executed.
This price is low, not much lower, just a minimum price difference.
This minimum price spread is also determined by the futures exchange.
During the manual operation period, there is a loophole in this link that is difficult to control, and that is the time when the order is placed.
If the time is not controlled, once there is an inside source, those who know can get an order that is lower than the existing quotation can come in.
This order only needs to be one less minimum price difference than the previous one.
Because it is a manual operation, the people involved in it can change the time to the time before the opposing party's order comes in.
According to the regulations, as soon as an order that can be executed comes in, the demand for an order that is already in place must be met first.
Exchange these orders that come in early in advance.
The rules do not allow later orders to be executed before those that preceded them.
"What's the matter, has someone placed a purchase order?" Smith answered, straight to the point.
"Yes, a total of 4,000 contracts, big enough! The agreed price is $2.50 a pound,
Sell options at a limit price, and the price will follow the market, which is very suitable for your order! But there is a huge trouble!" Lao Yan said distressedly.
Unable to give an old friend a satisfactory result, Lao Yan not only felt sorry for others, but also felt more sad about the loss he had suffered.
He provides inside information, ensures order execution, and guarantees priority over others, how can he do it in vain!
"What? I am surprised that there is still trouble to make your old bird worried? ”
Smith wondered.
"It's also a coincidence that there is an order that is $0.0005 lower than your order, which is the minimum spread range, and in terms of time, it happens to be just before that order arrives. Lao Yan said dejectedly.
"Well, it's a matter of price!
By the way, it's a matter of time that has to be solved! For you, I remember, it seems to be solved without much effort, right? "Smith doesn't have a bad memory.
"Alas, that's what you said in the past! Now it's all transmitted electronically, leaving traces everywhere, including all information, including time stamps, and if you change it, you must also go through these channels.
"Okay, don't move, give me ten minutes!" Smith came up with a solution.
"No, five minutes at most! That's the longest I can drag, remember, you have to leave no trace!" Grande admonished.
After temporarily ending the call with Gran, Smith immediately made another call.
"Urgent! Can you modify an order in three minutes through a computer system and get all the marks off without anyone looking at it?"
Smith made a direct request!
The guy groaned a little, this is a very complicated operation.
"Two minutes to go!" Smith chimes!
"Yes! Tell me about the situation!"
Smith immediately told him the order number and lowered the original offer to $0.499.
"The price change is successful! Eliminate the traces of modification successfully......" The mobile phone kept the call state, and the words over there reported the modification status in time.
During this time, Grande called and said that the original offer had been changed, and asked him what he was doing now.
"Execute!" Smith ordered categorically.
"Done!"
"Modification successful!"
Less than a second before the final moment, two reports came at the same time.
Smith sat down and wiped the sweat from his face.
Jimmy handed over a glass of brandy: "Second brother has worked hard. ”
"Fortunately, I didn't disgrace!" said Smith, taking the brandy and drinking it in one gulp.
He took a breath and said: "I just checked the results of the London and Tokyo exchanges, and our orders there have also been executed, a 3,000 contract, a total of 6,000, plus the 4,000 just now, and we have preliminarily completed our plan! Fortunately, I have already prepared for a rainy day and prepared to return this nail!"
"Who is he? You haven't mentioned it before? Is it the same as Grand, the agent you found on the New York Mercantile Exchange? seems to be a computer expert, a hacker?" asked Jimmy.
He heard a few words just now and was curious, so he asked some questions.
He didn't ask the second brother, he had absolute trust in the second brother, but just expressed his concern about this issue.
"Hehe! This is one of my shadows, and I won't use it easily!
"He's so much better than a hacker! He's the director of computer security management at the New York Mercantile Exchange.
His remit is that all computer systems are freely accessible,
"Actually, whoever can enter, it's all approved and set by him, so he's a super admin!
"Big brother, don't worry!
Doing such a thing is not technically difficult for Huanga!"
Smith was still quite proud of this move!
"There won't be any danger of exposure!" the eldest brother asked worriedly.
"It's okay! If you have to do it, you can destroy the entire computer system of the New York Mercantile Exchange! When the time comes, everything will be unsubstantiated!"
"Then I'm relieved. The eldest brother breathed a sigh of relief.
"All deals!" Nudu announced, also breathing a sigh of relief, to someone who was also nervous.
There was also a Qiao Zhi standing next to him who was not the slightest nervous.
Busy and nervous are the two good uncles, especially Nudu, who is in charge of keeping an eye on the market and taking countermeasures in time if there is a problem with his order.
Now that the deal is over, it's just a matter of waiting to see what happens next.
"I've found a problem!" Nudu said suddenly.
[bookid=3032268,bookname=Amphibious Special Forces]