It's good for young people to think outside and have questions, but what can supercomputers do on Wall Street? Chen Congyu was speechless for a while.

Chen Congyu is a self-taught business person with a clear mind and rich background that is the main reason for his success. However, in the new millennium, the growing number of companies has greatly challenged his management skills. On the other hand, the once huge capital management has also restricted the further development of the Chen Group. It was precisely because he felt his own shortcomings that Chen Congyu hoped that his son could change.

He just said so many benefits of the financial profession, but he couldn't explain the problems about finance, so he turned his attention to his wife Fang Manyi for help.

Fang Manyi pinched him quietly, and said to her son: "Wall Street wants a supercomputer, there must be a lot of computing work to be completed, if you want to know something, you can ask all kinds of professionals." The professors in the school are not just to teach and solve doubts, they have them to lay a foundation for you, and it is convenient to learn anything in the future. The faculty of Jiangning University is very good, and the opportunity is rare. ”

Chen Yi didn't seem to understand whether he understood or not, and didn't answer the second half of the sentence, but he still said: "Then I want to ask someone, who can I ask?" ”

Fang Manyi was stunned for a moment, then simply stabbed her husband and said, "What are the senior talents in your company, tell your son." ”

The operation of Chen's Group is still stable, Chen Congyu tilted his head and thought for a long time, and finally said honestly: "I'll call Personnel Lao Zhou and ask him to bring someone over to talk about it?" ”

"Find two more recent graduates." Fang Manyi clapped her hands and said, "Let's look at the flowers in the fog, let someone come over to tell my son." ”

When the husband and wife encountered something about their son, they couldn't calm down.

In normal times, Chen Yi would definitely find his parents' behavior boring, but given the importance of supercomputer applications, he is quite looking forward to it. After all, relying on one's own imagination, exhaustion cannot play its role.

The efficiency of private enterprises is very fast, Chen Yi asked in the morning, and met people in the afternoon.

Here came a certain doctor studying in the United States, plus two recent graduates. The three of them are all dressed as elites, except for the former's suits that are more close-fitting, they are all full of confidence.

But in comparison, although Chen Yi is young, his bearing is even better. In addition to the style that the children of the family have cultivated since childhood, going in and out of the Kingdom of San Chio more than a dozen times is also conducive to cultivating temperament.

Thinking about a mage like Timothy, who is a role above millions of people, and often commanding such people, etc., will naturally be affected.

Chen Yi was like meeting the saints in the subway, standing in the living room of his home, the three people who were originally holding their heads proud, looked at it, and actually lowered their heads.

Minister Zhou, who is a human resources officer, has countless people, and when he saw this situation, he opened his mouth in surprise. Not only did he know the arrogance that Dr. Narumi was known for, but he also knew the meaning of this knee-jerk action.

"Good luck for Lao Chen." Minister Zhou has been a friend of Chen Congyu for many years, patted him on the shoulder and smiled: "My son is promising, not like the stinky boy in my family." ”

"Where and where ......" Chen Congyu thought he was talking about the college entrance examination, and quickly turned around and touted, letting the compliments flow as quickly as cash, which has always been the only way for businessmen to succeed.

Fang Manyi poured tea for several people, and then said the purpose, "This is not just the end of the college entrance examination, my Xiaoyi is preparing to apply for schools and majors, and we can't answer some questions, so I want to ask you for advice." ”

All three laughed in response. Chen Congyu and Lao Zhou looked at each other and smiled interestingly. If you change to a social person who has been trained for many years, the first thing to do now should be modest, which is the Chinese way of life.

However, the two graduates just left the school, and the doctoral students who came back from the United States did not have such a basic reaction.

One of the students with fine skin and tender meat said first: "Have you assessed the score?" Where do you want to go to school? ”

He still remembers the process of the college entrance examination.

Chen Yi smiled and said, "Jiangning University has already been determined, and as for the major, my parents tend to major in finance. ”

"Jiangning University's finance major is not easy to get into." He thought about it for a while, and said: "Unless you are sure that you have 620 points, you dare to give it a try, but if you want to say that you are safe, you will get 640 points." ”

With a score of 640 out of 720, the difficulty is extraordinary. At the level of Jiangning Middle School, there are only a dozen candidates who score more than 640 points in the mock test. Of course, from a national perspective, there are still countless people who can reach this score every year.

Fang Manyi and Chen Congyu didn't speak, they had the same mind - choose a major first, and if the score is not enough, then consider whether there are other means that can help.

When it comes to their position, the so-called interests and other unimportant things become the most important.

With this thought, Fang Manyi interrupted the other party's questioning and interjected: "Chen Yi, tell me about the previous question. ”

"Oh, I'm a little curious." Chen Yi first laid the groundwork, and then said: "I heard that there are a lot of supercomputers on Wall Street, and those who do finance need supercomputers, what is it?" ”

Several people looked at the international students.

The latter didn't expect Chen Yi to ask this, but he still smiled proudly: "When I was studying in New York, I interned on Wall Street for a period of time, if you ask others, most of them are clichés in newspapers and magazines, nothing more than analyzing data to make stocks, or even estimating the weather to make futures, but I tell you, it's not." ”

Facing everyone's curious eyes, the vanity of the international student was greatly satisfied, he grabbed the teacup and drank a sip of water, and coughed lightly: "Even in the 21st century, if stocks want to make money, they have to rely on inside information, and futures want to make money, mainly because of the large amount of capital." Supercomputers can indeed calculate the weather, and the weather can indeed determine the price of some futures, but these data, it is enough to sponsor the research institute, and you don't have to buy supercomputers yourself. ”

Naturally, everyone fell into the clouds.

Only then did the international student lower his voice and said: "Supercomputers, mainframes, they are on Wall Street, in fact, they are doing one thing, high-frequency trading. ”

"High-frequency trading?"

"That's right. High-frequency trading is the use of a very short period of time, through the rapid trading of computers, to obtain profits. This short period of time, perhaps only a few microseconds, is beyond human capture. The international student said, and said in a different tone: "Let me make a simple analogy, now someone in the stock market sells a stock for 9.12 yuan, and at the same time, someone buys it at 9.18, because the time is too short, and neither party finds the other." At this point, the faster mainframe computer will buy the stock of 9.12 and then resell it to the 9.18 person, thus making 6 cents. ”

"Six cents?" Chen Yi frowned.

"The speed of high-frequency trading is very fast, as long as there is a profit of 1 cent, but the trading volume is very large, at least a few thousand times per second, after gathering sand into a tower, it is very scary. This year's high-frequency traders' earnings could exceed $20 billion. After talking about a string of data, the international student said excitedly: "Don't underestimate a few cents, this is the only stock trading that is known in the world and can definitely make money, and it will never lose." ”

"Isn't everyone going to do high-frequency trading?"

The international student shrugged his shoulders and said, "The more people who do it, the greater the competition, and if two computers find a favorable deal at the same time, it will be faster than whom." In any case, the average profit will definitely fall in the future, and the industry will invest at least a few million dollars in mainframe computers, and if you want to make more money, the computers will be better and more. ”

Chen Congyu nodded when he listened, and said: "1 million US dollars, the annual return must be at least 10%, it is worth investing, and the return is more than 30%, and only then will someone be willing to change careers, but ...... What is the profit now? ”

It seems that he is also a little excited.

Stock trading must be profitable, and it is not a bizarre story, such a wonderful thing, who wants to get a foot in it.

The international student shook his head regretfully and said: "It is said that Getco, a global e-commerce company, earned a net profit of 500 million US dollars last year, and their entire company has less than 100 people. ”

In the eyes of everyone, he denied again: "High-frequency trading, compared to the speed of the computer, of course, the number is also important, the current threshold, at least five or six million US dollars of machines, plus the capital used to do transactions, the capital occupies a large amount." Also I've heard that there is a kind of lightning deal, just more demanding. ”

"There should be a lot of hedge funds and private equity funds involved." Minister Zhou also listened to it secretly, and said with a smile: "When the group has tens of millions of dollars in spare money, it will also enter the market to play." ”

$500 million, which is almost more than the market value of the unlisted Chen Group.

Chen Yi's algorithm is naturally very different. He has a supercomputer in his hand, and it is the most advanced one in the world, and the rate of return on capital naturally far exceeds that of the institution, regardless of the high investment in fixed assets.

He couldn't help asking: "Using a supercomputer to do high-frequency trading requires special software, right?" So how to buy? ”

Because Chen Congyu showed interest, the international student replied very carefully, saying: "There are many software companies in China now, and it should not be complicated to make similar software." There are more foreign software companies, and the quotations range from hundreds of thousands to tens of millions, and the difference is mainly in the transaction volume. But initiating a deal from China and crossing the ocean is certainly slower than Wall Street's, and those guys are eager to put their computers together. ”

"Kraken" is in the United States. A smile appeared at the corner of Chen Yi's mouth, as if he had caught a glimpse of a coyote with a broken leg rabbit.

……