Chapter 8: Morgan Stanley

In New York and Manhattan, USA, among the skyscrapers towering above the clouds, two identical tower skyscrapers are particularly conspicuous, which is one of the landmarks of New York, towering at the southwest tip of Manhattan Island Shijie Trade Center.

The Shijie Trade Center, designed by Japanese-American architect Yamasaaki, took seven years to build in 1973, covering an area of 6.5 hectares, consisting of two 110-storey towers with a height of 411 meters, four office buildings and a hotel, and was the tallest skyscraper on Shijie at the time.

Morgan Stanley, a well-known investment bank in Shijie, has 1.2 million square feet of office space in the Shijie Trade Center, which is the headquarters of the famous multinational company.

As a large investment bank with global operations, Morgan Stanley has offices in all major financial markets around the world, and its headquarters in the Asia Pacific region is located in Hong Kong, with the exception of Tokyo.

Morgan Stanley was originally the investment arm of JP Morgan, but after the stock market crash of 1929 and the ensuing Great Depression, the U.S. Congress passed the famous "Glasssteagall Act", which stipulated that banks should not operate in mixed businesses, so the investment banking department was spun off and a separate company was established to specialize in investment banking.

After decades of operation, Morgan Stanley's profitability and influence miraculously surpassed that of its previous parent company and became a company that dominated the capital market, so some people called Morgan Stanley "Big Mo", and JP Morgan was called "Little Mo".

The main business of the investment banking department is to help companies go public and earn underwriting fees, while the trading department is to look for arbitrage opportunities in the rapidly changing market and earn profits for the investment bank.

The 10,000-lot deal that took place on the S&P 500 in September came from Morgan Stanley's trading department.

Although it was already night, the World Trade Center was still brightly lit, especially in the trading department of Da Mo, where traders were still nervously staring at the flickering numbers on the electronic screen, or summing up today's profits, or thinking about the future.

By this time, the center of trading had shifted to the Eastern Hemisphere, and their counterparts in Tokyo began to operate in the opening market, taking advantage of every small price change to quickly close a deal, using a large amount of money to arbitrage from it.

"Mike, have you found out the source of today's funds?" A middle-aged man in a white shirt, brown hair, and turquoise eyes asked a young man who was rapidly typing on a keyboard.

"It's still being investigated, but I only know that it's from Afriory's seat, and the specific person hasn't been found out yet." The young man frowned, and said with some uncertainty.

"British? No way! Don't they know about the agreement between us? The middle-aged man said thoughtfully.

Based on the historical relationship between the Morgan family and the United Kingdom, there is also a good cooperative relationship between the British consortium and Morgan Stanley, this time for the inflated US economy, after consulting with professionals, the British consortium decided to cooperate with some consortiums led by the United States to sell stocks in the New York stock market, and at the same time long on the S&P 500 futures index to hedge risks.

Goldman Sachs, as Da Mo's sworn enemy, united with some local American consortia to go long in the stock market and short on the futures index at the same time, becoming Da Mo's opponent.

Neither Morgan Stanley nor Goldman Sachs thought of the disruption of the Japanese consortium and Bell Stone.

"No, the British wouldn't do that! So who will it be? Hong Kong? India? As soon as the middle-aged man's face changed, he thought of other possibilities.

Places like Hong Kong and India, which were formerly British colonies or are still British colonies, are very likely to use British brokers to come in and stir things up. India is the second largest market in Shijie after China, and Hong Kong has prospered in recent years, and there is already a super-large financial center Jiashi.

"I don't have a clue, I can't find out who is sacred, but I found out that he was a rival, it is the self-operated channel of Sakura Bank in Japan, and I believe it is their self-operated department!" The thin young man tapped the keyboard again at a rapid pace, and a smug smile appeared on his face.

Although the Chicago Mercantile Exchange's system claims to be impregnable, there are still vulnerabilities in the eyes of top hackers, and the skinny young man is one of the top computer hackers on the planet.

In today's prevalence of computer trading, some large investment banks have invested huge amounts of financial resources into their IT departments, hoping to improve their computer trading systems, and at the same time, they also hope to learn more about market trends and seek opportunities for themselves.

McTaylor, such a talent, was called into Da Mo's IT department as a computer engineer, nominally a member of the back-office control, but in fact what he did was to find out the ins and outs of some large sums of money.

"The Nippon Foundation? It seems that they are not willing to be lonely and want to come here to insert a leg! The middle-aged man gasped, and his tone revealed deep jealousy.

Since the yen was forced to appreciate by several Western countries, the Japanese consortium quickly found a way out of its predicament, and in recent years, there have been so many funds pouring into the US capital market that the US consortium is a little scared.

In the foreign exchange market, the bond market, and the stock market, Japanese funds were everywhere, and in the first few months of '87, Japanese funds rushed into the US stock market, roughly estimated to be as much as tens of billions of dollars, and these funds played a very important role in pushing the Dow up in the process.

"If so, there's some trouble! However, this fund weishenme will think of shorting, is it not that they see through our jihua? The middle-aged man frowned and thought for a while, but still couldn't think of any other possibilities. Where would he have thought that these were Sakata's own ideas, and they had nothing to do with the general direction of the Japanese consortium.

The Japanese consortium has invested so much money in the U.S. stock market, most of which has been invested in the bond market, after all, bonds are a thing with stable returns and minimal risks, and they are the best choice for maintaining value.

And those funds that pursue high returns are invested in the U.S. stock market, but after all, this is the home of the U.S. consortium, and the Japanese consortium does not dare to be too sharp and occupy the magpie's nest, but even so, the U.S. consortium shouted "The wolf is coming".

"I have an idea, Mr. Sargent!" Mike raised his hand and said weakly.

"Oh, what do you think, don't bother to talk about it!" Sargent was stunned for a moment, but he was a little surprised, he had always thought that this kind of computer genius only knew how to bury his head in Jishu and didn't care much about other things.

"Look at these transactions!" Mike pointed to the numbers on the screen and explained a little excitedly, "Looking at these funds from Japan, it is clear that when there is a move in the seat of Avery, they enter the market with several times the funds to do the opposite, this kind of behavior seems to be a child's vindictiveness, or a transaction specifically to crack down on Avery, but it was accidentally destroyed by us!" ”

"Oh?" Sargent stared carefully at the numbers on the screen, looked at them intently for a long time, couldn't help but tap his fingers, and said approvingly: "Mike, you are really a genius, you can think of this, it seems that for the Japanese consortium, they must know the source of this fund, or something can be done between us!" ”

After that, he hahadaxiao, leaving only Mike with an ignorant face.

"What to do? Isn't it just teaming up? Am I really an idiot? Do these nasty traders really think of themselves as the one percent? When Sargent was gone, Mike's ignorance suddenly turned to disdain, and he said in a flirtatious voice.

As a well-known investment bank, the people recruited are those outstanding graduates from Ivy League universities, with a GPA of 4.5 or above, and some are also required to be able to speak three languages, double degrees, etc., and they have to go through dozens of rounds of interviews when they join the company, and these elites on campus can get an offer.

Therefore, these people in Morgan Stanley's main business departments, when looking at those employees in the back office, will always reveal some sense of superiority, intentionally or unintentionally.

In fact, within the investment bank, the people in the investment banking department and the trading department, the two major profit departments, do not like each other, and there are many open and secret battles on weekdays, and these backstage staff have heard of it.

An even more interesting story comes from Goldman Sachs, a sworn enemy of Goldman Sachs, who is said to have brought in two Nobel Prize-winning physicists in physics when it set up its quantitative department, which caused the displeasure of the rebellious traders in Goldman Sachs' trading department. At one time, when two physicists were chatting, a trader happened to pass by, strangled his neck in a strange way, and said mockingly: "What a powerful force field, I'm going to be out of breath!" Then he stumbled away, much to the surprise of the two academic giants.

Although Mike is a genius in computers, it does not mean that he is an idiot in securities investment, in fact, in recent years, he has taken advantage of the convenience of working in the background, and he has really made a lot of money behind the big money in the stock market, but he is careful by nature, and he does not use his own account, so he has not been discovered by others.

"So it seems that my opportunity to make money has come! It's just that I don't quite understand the stock index futures thing, but for me, these things are only a matter of a few nights, and when I figure it out, I will quietly follow behind to see how they operate, and I also happen to be in the back 'snipe and mussel fight, and the fisherman profits'. ”

Mike closed the computer screen and thought triumphantly, thinking about the pride, and couldn't help but smile excitedly at the thought of the pride. But it didn't take long for him to straighten his face and slowly gather his things on the table, as if nothing had happened.

During this time, he was learning Chinese and was very proficient in the use of idioms. (Click, Recommend, Collect, Xiexie)

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