Chapter 467: The Great Avalanche (4)

In Zhou Changan's opinion, Xu Fei is one of the smartest people he has ever met, and he can even remove this "one". Pen | fun | pavilion www. biquge。 info

Judging from the contact in the past few days, Xu Fei's observation of the capital market has reached an unprecedented level. Of course, this has something to do with the fact that he is a big player in this market and his judgment of the impact of policies. But for Zhou Chang'an, who is almost a "soil bun", Xu Fei is almost a god-like existence in his mind.

Of course, for many people, Xu Fei in the capital market is also a god-like existence in their minds.

Although there were extremely rare signs of a 1,000-share drop limit, the sharp rise in the next two trading days gave the market hope again. The hope is that the fundamentals have not changed, the downside limit is just the management adjusting the structure of capital, and the bull market will continue.

Many retail investors who were frightened two days ago walked into the business hall of the brokerage again with their funds, with their full hope of making money. They had no idea what kind of situation awaited them ahead.

"Zhou Gongzi, is your trader here?"

Before the market opened, in his luxurious office, looking at Zhou Changan with a blank face, Xu Fei's face showed a look that seemed to be smiling, "I heard that your trader was borrowed from a foreign institution this time?" And a top-tier hedge fund? ”

"Yes, the top hedge funds from Europe and the United States, respectively, I spent a lot of money to bring them in, and when the market is over, I have to send people back."

Speaking of these two traders, Zhou Changan's face showed a proud look, "If they hadn't helped me take care of my funds in the early stage, I wouldn't have made so much money." Hehe, Mr. Xu, don't expect to dig the foot of the wall from me! ”

"Even if I want to dig, I have to be able to afford them, you must know that their salaries are calculated in dollars and pounds, and Zekang can't afford it."

Xu Fei laughed and gave the other party a reassurance, "Maybe you don't know how far foreign technology has developed." It is said that Bridgewater United, the world's No. 1 hedge fund, is trading with smart programs, and it is not known how profitable they are. ”

"What Expert Advisor Trading?"

Zhou Changan asked puzzledly, "Isn't the intelligent program available very early?" Xu Fei, you can't fool me, I know this. It is said that there is a fund called Renaissance Technology, and they have been trading with intelligent programs for a long time, and they are very profitable. Having said that, when these two traders helped me trade, they also wrote some programs themselves. ”

"Looks like you know a lot!"

Zhou Changan's words made Xu Fei a little impressed, he looked at the other party with a smile, nodded approvingly, and waited for the other party to finish his speech, then said unhurriedly, "The intelligent program trading I said is not what you think." In fact, what I've heard is that some of the funds within Bridgewater Joint Fund are managed by intelligent programs, which generate their own strategies, execute their own orders, and control their own risks. In other words, the smart program acts like a trader, not a model that is simply stimulated by external conditions. ”

"Artificial intelligence?"

Zhou Changan instantly understood, he was shocked by this, and asked again and again, "Are you sure that their technology has really developed to this point?" Also, does this so-called program really make money? Oh my God, this is incredible! ”

If it is really as Xu Fei said, then the position of trader will almost disappear. At the same time, the competition in the capital market will not be human judgment and intelligence, but the level of development of artificial intelligence.

If you think about it more, not only the trader profession, but many, many professions will face the fate of being replaced by artificial intelligence.

It's no wonder that Zhou Changan was shocked!

"I don't know whether to make money or not, but what I do know is that in the next ten years, I'm afraid that artificial intelligence will not be able to completely replace the human brain."

Seeing Zhou Changan's shocked expression, Xu Fei shook his head helplessly, and smiled disappreciatively, "And we are not experts in this area, even if some professions disappear, we will not run out of food, so we don't have to worry about this." The reason why I tell you this is to let you know the fact that the level of scientific and technological development in foreign countries is much higher than ours, even in the capital market transactions. ”

"So what you need are my two traders......"

It was not until this time that Zhou Changan came to his senses, daring to love the other party for a long time, and the focus of the conversation was still on his two traders.

"Not bad!"

After knocking lightly on the table twice, Xu Fei stood up and said solemnly, "Although my traders are also the top in China, I have to say that they surpass us in some places." Now let them in, there are situations where I need their help, and if it can be applied well, it will be our killer weapon when necessary. ”

"Good!"

Although he didn't know exactly what he wanted to do, seeing that the other party said so solemnly, Zhou Changan couldn't help but get excited, and gestured to the door, and the two traders who were waiting outside immediately pushed the door in.

The height of these two traders is not very high, both are about 1.75 meters, and both are of Chinese descent, and they can not only listen but also speak Chinese. At the beginning, Zhou Changan was looking for Chinese traders, because finding another translator would not only be unlikely to accurately express his meaning, but also risk leaking secrets.

The one on the left is very burly, with a Chinese face and thick eyebrows, and he looks dignified. The one on the right is a little thin and very ordinary-looking, the kind that you can't find if you throw it into the crowd, but there is often a cynical smile on the corner of her mouth.

"This is Chi Zhengyi, from the Pegasus Fund Company in the United States; The other is Luo Tian, a Hedge Fund from Inshman in Europe. ”

Zhou Changan introduced Xu Fei one by one, and at the same time introduced Xu Fei and said, "Gentlemen, this is Mr. Xu Fei." He is the most prestigious fund manager in ChinaAMC's capital market, and is known as ChinaAMC's Soros. ”

"Really?"

The original expressions of the two were very relaxed, and after hearing what Zhou Changan said, their expressions changed, and Luo Tian, who had always been cynical, put away the smile on the corner of his mouth.

A strong person will be respected by people wherever he is.

"Mr. Chi, Mr. Luo, hello!"

Xu Fei smiled, without the slightest shelf, shook hands with the two, and then warmly invited the two to sit down, and after the two sides settled, he asked the secretary to send two cups of coffee, and then said, "I heard that the two of you are doing things for Mr. Zhou now, I wonder if you can help me a little bit?" ”

"If Mr. Zhou is okay, we naturally have no problem."

The two glanced at each other, they didn't understand what was going on, but they were employed by Zhou Chang'an, so they naturally had to take care of their employer's face first, and the person named Chi Zhengyi among the two said, "But if I help you, do you want to sign another contract?" ”

"No, you don't!"

At this time, Zhou Changan said directly, "You just have the right to do things for me, and the salary is calculated according to the contract we signed before." Don't worry, you two will never let you have one. ”

In his heart, he scolded loudly. As soon as these two people opened their mouths and asked for money, they simply disgraced his face in front of Xu Fei. But he can't say anything, after all, the other party only acts according to the signed contract.

As soon as they heard that there would be no problem with their remuneration, Chi and Luo were obviously relieved, and a smile appeared on their faces.

"By the way, I don't know what Mr. Xu needs us to do?"

Among the two people, Chi Zhengyi was a little more serious, and after he just relaxed, he realized another problem, "Although we are traders of hedge funds, we are not omnipotent, because the market is formed after many games." If you're asking us to make money all the time, then unfortunately we can't. ”

"I'm not a fool!"

When Xu Fei heard this, he was obviously displeased, and said in a deep voice, "Don't worry, I just need you to do something to confuse the market, and I will do it myself." ”

As the first brother of private equity funds, Xu Fei's understanding of the market is much deeper than that of these two people. And most importantly, the name of the so-called foreign trader has no effect on Xu Fei at all. Like Chi and Luo, they can only bluff laymen like Zhou Changan.

As soon as they saw Xu Fei visibly unhappy, Chi and Luo stopped talking very interestingly, although they didn't know what they had done wrong.

"I've heard that you can form fake transactions in the market through programmatic operations?"

After Xu Fei calmed down for a moment, he continued, "It is a sudden large sell order or buy order, which directly pulls the price of the quotation system up or down, but it will not really make a deal, as long as the price is lowered a lot within 0.1 seconds, and then triggers some automatic sell orders." You should know how to do this, right? I need you to give me a trick like this at a critical time to change the market. ”

"You're talking about high-frequency trading, right?"

Hearing this, both Chi Zhengyi and Luo Tian laughed, and Luo Tian said even more exaggeratedly, "Speaking of which, I am the best at this." With enough equipment and internet speed, I was able to knock a stock down 90% in a minute. Sorry I forgot, your market can only go down 10% per day. ”

"Mr. Xu, isn't it illegal to do this?"

Compared with Luo Tian, Chi Zhengyi was much more serious, and did not answer directly, but pondered for a moment, and then said, "High-frequency trading is extremely lethal to the market, so the supervision in our market is extremely strict, and if you are not careful, you will be invited by the SEC to investigate." I don't know what the rules are in the Chinese capital market, but if we are targeted, it seems that the risk is really a bit big! ”

"You can rest assured that the legal matters will be left to us, and besides, if you do things for us, we will protect you no matter what."

After understanding that the other party could do this, Xu Fei was in a good mood, and said with a smile, "You two may not know who this Zhou Gongzi in front of you is, right?" Tell you that even if you kill someone, he will keep you safe. ”

"What?"

Both of them were taken aback, and at the same time turned their heads to look at Zhou Changan, but they saw that the other party had a smug expression on his face, and he didn't want to deny it at all, so he realized that what Xu Fei said might be true.

"But we still need to sign an agreement."

After tilting his head and thinking about it, Chi Zhengyi said again, "If the matter is exposed, there will be an agreement between us to exempt us from any legal obligations. Only then can we help you do this. ”

As soon as Luo Tian heard this, he immediately nodded suddenly, obviously agreeing with Chi Zhengyi's words.

"These yellow-skinned and white-hearted fake foreign devils have a lot of special things!"

Xu Tian had a smile on his face, but he couldn't stop scolding in his heart, and finally he had to bow his head, "No problem, I'll let the lawyer draw up the contract now, as long as the contract is signed, we will start working immediately." (To be continued.) )