Some time ago, the rescue move to turn the tide is still vivid, and I am even more shocked by Fang Hong's courage, he was able to take out 2 trillion liquidity to inject into the market, how rich is this?

It can be seen that Qunxing Capital not only has the financial strength, but also does not lack courage.

Then it is impossible for SGX to be unpopular, and it is impossible to lose its financing ability, even if it doesn't come to play, in this theoretical extreme situation, relying on the financing amount of Stellar Galaxy alone can make SGX operate smoothly, and it is not a problem for Sghurs Capital to provide 200 billion yuan of financing scale a year.

In fact, this kind of extreme situation is impossible, and it only exists in theory, because there are many people who come to cheer today, which shows the appeal of Qunxing Capital, many people with high emotional intelligence say that they support, and those with low emotional intelligence say that there are many pendants that hug their thighs.

Among the various matters disclosed by SGX today, in addition to the top-level design of the exchange, which is of most concern to all people, there is another issue that has attracted much attention.

That is the transaction detection and management system technology platform adopted by SGX, and the provider of this technology platform is Quantitative Capital.

It is completely independent and controllable, and it is also the most advanced trading system in China and even the world. In terms of technology, the trading system has the characteristics of high performance, high reuse, scalability, etc., and the real-time processing performance is greatly improved compared with the existing system.

For example, the real-time processing capacity of transaction data has expanded to an astonishing 1.5 million transactions per second, and the actual peak of transaction data processing on the first day of SGX listing may be 10,000 transactions per second, even if the number of stocks on SGX exceeds 3,000 stocks in the future, the peak data processing of 300,000 transactions per second can be handled.

It is no exaggeration to say that even during the craziest period of 2 trillion daily turnover in the bull market some time ago, this system can handle it completely without pressure.

In addition, the overall information processing capacity of the system can reach 50 million orders per second, and the computing latency is greatly reduced, which can easily cope with the continuous growth of transaction volume and complex business needs.

In terms of its function, it is also closely integrated with monitoring and management, further enriching and improving the regulatory model, which is a typical case of technology to further improve regulatory capabilities.

Under the operation of the technical platform of this trading system, even if the listed company and institutional investors want to reduce their holdings in violation of regulations, they will not be able to do it technically, because the stocks in his hands are locked during the restriction period, and he cannot directly sell and cash out without saying a word, and the trading system will not be able to pass this level.

Including the normal shareholding reduction announcement of major shareholders, the listed company must issue a shareholding reduction announcement in advance, which will enter the background database of the exchange, and the AI large model built into the trading system retrieves the announcement information issued by the company from the background shareholding reduction archive, and includes and confirms the announcement of the official channel, and then it will expire and unlock.

For example, if a major shareholder with a shareholding ratio of more than 5% wants to reduce 2% of the shares from the secondary market, then an announcement must be issued first, and the announcement will be included in the insistence archive, and the relevant AI large model retrieval and confirmation will be completed, and after 15 trading days, the shareholder can reduce his holdings normally, if there is no retrieval confirmation, the shares under the shareholder's name cannot be sold from the secondary market.

There are many more functions such as this, and this new trading system technology platform has directly eliminated illegal operations from the source in many scenarios, so that people from all walks of life must follow normal procedures.

And it's basically unmanned, and it's handed over to the AI system to execute, so that some people can't go to the relationship if they want to, AI won't accept gifts, AI can only follow logical rules to run, which is also a good thing for some managers, so you can also make it clear that you can't do anything, and you want to get a backdoor but the AI doesn't listen to me......

The reason why this trading system technology platform has attracted much attention, in addition to its own advanced, also incidentally put pressure on the main board of the two cities, and now there are many shareholders who say that they are discussing things, and the trading of the main board of the two cities is not to use this advanced trading system?

In fact, many investors are looking forward to the opening of SGX.

Because what investors don't like the most is unpredictable events, why do more and more investors not like to play tickets on the main board of the Shanghai Stock Exchange, but more and more like to play tickets on the Shenzhen Stock Exchange?

The reason is very simple, as long as the tickets in Shanghai are connected to the board after the demon, when to close the small black house completely depends on the meaning of the village, it may be okay to pull 10 even boards, but it is also possible to enter the small black house on three boards, and the main one is a guess my careful thinking......

This is typical unpredictability, which is equivalent to letting investors start a psychological game with the village, and it is not a roundworm in your stomach, guess? Investors choose not to play with you.

On the other hand, the Shenzhen market is still relatively speaking, and the mechanism that does not trigger the relevant regulations will not close the small black house casually.

It can be seen that investors are not afraid of the rules, they are afraid of not following the rules.

The reason why so many people are looking forward to the upcoming SGX is that there are so many strict restrictions on large funds, what institutions T+3, retail T+1 and the like, investors actually do not resist these.

In contrast, investors are more aware that the re-exchange has no "flexible" management, and they don't have to worry about starting a psychological game with the exchange, they don't need to play the trick of guessing your careful thinking, and they don't need to guess whether the management will suddenly make a surprise move without warning.

Don't look at the fact that there are many voices singing about the opening of the SGX, no one will be popular, no one will come to play, especially no big money to play, in fact, these voices are just water army, and real smart funds will be willing to play.

Because in this world, the people who can really rely on unruliness to achieve their own interests are always in the minority, and the vast majority of people envy those who are unruly even in their hearts, and they also want to be able to disobey the rules and form a dimensionality reduction attack on others.

But they don't have that resource, they don't have that relationship, they don't have that channel.

Then of course, they prefer to be able to abide by the rules, at least to ensure that they will not be hit by others who are degraded outside the rules.

Saying 1,000 to 10,000 is two words: fair!

As long as SGX does these two words, and there is the perfect foil of peers, are you afraid that no one will come to cheer? Worried about the lack of popularity in the market?

Now in the major stock bar forums and stock exchange groups, the most discussed by shareholders is the various news content of the SGX, which has just been unveiled today, and the popularity has exploded.

What shareholders are most concerned about is how to open an account on the SGX, and the trading mechanism of T+3 system for institutional investors and T+1 system for individual investors is already quite attractive.

The top-level design content of SGX that has been announced, between the lines, makes people deeply feel that the matter of "protecting small and medium-sized investors" is by no means a dead letter.

On the contrary, instead of worrying about no one coming to the market, SGX does not have to worry about no market popularity, but too much popularity has been attracted by SGX, resulting in no one supporting the IPO on the main boards of the two cities, and it should be the main boards of the two cities that are worried.

Now there are many small scattered people who have complained that the entry threshold of SGX is too high, and many small scattered people are petitioning SGX in the hope of lowering the entry threshold of 1 million yuan in the market value of their positions to 100,000 yuan.

This shows that the market has high expectations and enthusiasm for SGX.

……

(End of chapter)