"Due to the domestic control of foreign exchange is very tight, not to mention futures, ordinary people want to apply for foreign exchange to travel, shopping, study abroad is troublesome, at present, only a very small number of large companies that can really play foreign futures have the right to import and export foreign trade. However, due to the fact that the external futures just mentioned a little, there have always been many people who want to play. To be honest in the new century, we have a late start and a weak foundation in Qiantang, and it is very difficult to make a performance in the face of the pattern of the industry......

Everyone in the meeting nodded solemnly, and it could be seen that although Gao Yang was young, he had a good grasp of his subordinates.

Chang Tianhao knows very well that Gao Yang has played a lot of side balls: although the management of futures companies is currently chaotic, the State Council and provincial management departments have clear regulations prohibiting overseas futures trading without approval. Not to mention that this article was not released in 1998, it is still a ban 20 years later, not to mention futures, it is illegal for ordinary people to exchange personal assets for foreign exchange to invest and buy houses abroad.

Therefore, there is really no way to promote the implementation of the "Ownership Law": on the one hand, it talks about respecting individual ownership, and on the other hand, it restricts citizens' freedom to use their personal property, which can only make the top-level design become a contradiction of the law.

It is not appropriate for customers to operate external futures countries with their eyes closed, as long as it does not involve public funds, but Gao Yang led the sales department to do so and obviously stepped on the line. As long as the benefits can be obtained, the customer base can be expanded, and the performance of the sales department can be improved, he believes that the upper echelons of the new century will also turn a blind eye to this.

"Regardless of the black cat or white cat, catching the mouse is a good cat...... "emancipating the mind, changing the concept, seizing the opportunity, and doing it quickly" is the truth, and everything else can be put aside temporarily.

There are three important thresholds for the operation of external futures: account opening, capital access and operation, market access and operation, which are all obstacles that cannot be bypassed, Chang Tianhao knew a lot of financial business war novels before his rebirth, and he said that he would go to Hong Kong to operate, but he didn't know that it was very difficult to go to Hong Kong at this time, so he wanted to hear how Gao Yang solved this problem.

"We are responsible for faxing the customer's ID card and the relevant registration form to Shenzhen, and Shenzhen will send a special person to Taihe to register and open an account, which will be completed on the same day, and the market will be available the next day; The network system is backed up, and Shenzhen is responsible for connecting the signal from Hong Kong to them through the line, and then transmitting it through the satellite channel, with the network ......"

Gao Yang also subconsciously pointed to the top of his head as he spoke.

In this era, the market signal transmission, whether it is securities or futures, the business department is mainly based on the satellite receiving system, and the network system is backed up, the latter is a new system developed with the Internet in recent years.

The new century business department has a 64K dedicated line, compared with the tens of M broadband in later generations, the speed is of course not happy, but in this era, go online to see a message and then receive some data, chat ICQ is completely enough, and many Internet cafes are only equipped with this. Although the home telephone line claims to be able to reach a maximum speed of 56K through the 163 dial system, it is a civilian shared line, which is not the same thing as the 64K special line, and the actual speed is very different, and the stability is very poor.

Anyway, it only takes more than 20 seconds to reconnect, how can the sales department be disconnected and reconnected all the time?

The person in charge of the information department interjected: "Mr. Gao, the market transmission has been implemented in overtime last night, and it has been successfully tested this morning, which is about 45 seconds delayed compared to the actual market in Hong Kong." I learned that the Hong Kong market is still a red and yellow vest shouting order, from the field to the off-site output of about 12 seconds delay; from the off-site to Shenzhen receiving, converting and sending through their channel, the delay is 23 seconds; we receive, decode, display takes about 10 seconds, the overall delay is about 45 seconds, of course, because the whole process is fast and slow, the fast time is about 37-8 seconds, the slow time is about 50 seconds, the average can be stable at 45 seconds...... The packet loss rate is within the allowable range of the technology, and in the afternoon we continue to test the feedback of big data concurrency and order execution speed. ”

Gao Yang smiled: "To tell the truth, you don't have high expectations for Hong Kong's trading system, thinking that they are more advanced, on the contrary, they are lagging behind us, and the country is electronic, and they are still shouting orders......"

The people present were in an uproar, but Chang Tianhao knew that what Gao Yang said was right.

At this time, the name of the Hong Kong Futures Exchange sounded very lofty, but in fact it was a simple house, even the ceiling was not fully installed, all kinds of pipes were exposed horizontally and vertically, and the air conditioner was also hung on it at will.

Compared with the humble residence, the stock exchange did not use electronic trading methods during this period, and still used the open outcry method.

The outcry transaction is a two-step process, first, the market representative (the red vest printed with the seat number) shouts out the buying and selling price in the circle and looks for the counterparty, and after the transaction, the quotation is made to the quotation staff (yellow vest), and then the form is filled in and stamped with the time stamp.

When the trading is busy, the trading scene is quite like a group of demons dancing around, and a group of buddies in suits and leather shoes are constantly gesturing and shouting around there. Gestures are essential, because quotes can be mispronounced and misheard, but gestures are unique.

Right!

This scene is almost exactly the same as the New York stock market in 1929, with red and yellow vests shuttling non-stop in the field, walking and running, posture and appearance, and expression and gaze are very coquettish. You can see the emotional movements of poking your eyes, slapping your buttocks, slapping your chest, wiping your neck, raising your middle finger, and pointing your thumb down.

Compared with the cold electronic matching, this kind of scene is more exciting and immersive.

If there is a progress compared to the 1929 era, probably only the telephone and fax systems are more usable, and at the same time, the quotation display has finally been detached from the poor little blackboard, using electronic screens and monitors, but the kernel is exactly the same.

Hong Kong's backwardness in the use of IT technology began 20 years ago, not 20 years later.

Gao Yang told everyone a joke: "I went to the day when there was a problem with the futures exchange, at 3:58:45 in the afternoon, there was a handicap at 7550 points, and at 3:59:43, there was a handicap at 7400 points, not only was there a difference of more than 50 seconds between the two transactions, but the point also gapped, which was incredible...... Later, the futures exchange deceived itself and said that everything was normal, but in fact, I inquired, and it happened like this:

At that time, there was a red vest bidding, but the yellow vest responsible for the receipt went to the toilet and didn't see it, and then the red vest finished answering the phone, and didn't care whether their offer was adopted, let alone let other yellow vests take over the receipt, this call was more than 50 seconds, and the yellow vest that happened to go to the toilet came back, and there were other customers who quoted 7400 points, and then both sides were dizzy...... Since the Hong Kong stock market entered the closing stage at 4 o'clock, the market fluctuations could not be seen at the beginning of the final stage, so everyone could not see the abnormality of the futures here. In other words, this bubble urine + this call is worth 150 points, which is equivalent to 2% of the market pulse ......"

"Hah!" everyone suddenly leaned forward and backwards with laughter.

"But the eldest brother doesn't laugh at the second brother, the last 8 minutes of our 327 national bonds are an international joke, and the orders that have been completed can be invalidated afterwards, so it's better for people to say that it counts......"

The crowd burst into laughter again.

Of course, Chang Tianhao also laughed, laughing and laughing, and he was a little strange in his heart: This should be an internal meeting of the company, why did he pull an outsider to observe?

It wasn't until Gao Yang talked about the deposit and withdrawal link that he suddenly realized: this is to solicit the opinions of customers......