Monday, October 19, New York time, morning.

On the trading floor of the New York Stock Exchange, the bell rings, and the market opens as usual on every trading day.

The market is not good or bad, and it fluctuates sideways.

Brown three-jointed oxford shoes, gun lapel double-breasted black suit, handsome white boy looked at himself who had never been so solemn in the full-length mirror, and slowly exhaled: "Normal, you have done everything, don't think too much."

From now on, you only need to watch the curtain open, the show play, and then get up and applaud after the perfect curtain call. ”

The boy raised his arm and put on the golden cufflinks carved with roses to symbolize courage, looked himself up and down in the mirror again, found no problems, raised his chin slightly in satisfaction, and turned to leave.

"Shock, shock, it has been more than 20 minutes since the opening of the market......

"What did Goldman Sachs say, what, another risk control warning?"

"The trading volume is decreasing, don't worry about them, we have already made an operation, tell Goldman Sachs that before the risk control line is triggered, dare to force it again, even if I want to go to the rooftop, I will pull them to jump down together!"

"Click."

The door of the room opened, and the eyes of the people who were talking and talking at a low voice and communicating quickly turned their eyes to it.

"Go on, gentlemen, today you are the protagonists." Hall chuckled and broke the oppressive atmosphere.

Everyone cheered up and continued to work on their own business.

Mr. Benjamin stepped forward with a calm face: "According to the trading plan, we currently hold the Dow Jones Index [CFD] with a reputation value of 133 million, and the market trend is in line with the trading plan, and the risk control is in line with the trading plan......"

"I said, you're the protagonists, and I have other more important things to do." Hall interrupted.

Benjamin suspected he had misheard: "What? ”

Hall looked at Monte, who was smoking a cigarette, and Brandon, who was chewing gum, "Both, are you interested in following me to the New York Stock Exchange to witness another disaster since 1929?" ”

Without waiting for the two to answer, Benjamin said, "Your Excellency, I think the most important thing for you now is to stand here and lead your soldiers to another victory in the "Mount St. John's Heights"-style victory, which is the glory of the Hall family for generations. ”

"Everything is executed according to the trading plan until the market closes, or the position is liquidated. Witnessing and participating in the tide of history is also the glory of the Hall family. ”

…………

"You, Joey! Can this deal be closed...... Yes, hedging, ok......"

"Hi Alf! What are you doing, yes, there's something wrong with the market, and this is the opportunity...... Sold ......"

"George Balducci, you can buy 25,000 shares of AT&T ...... at 5% off"

At 9:40 a.m., the NYSE was bustling with traders, and traders and market makers in exclusive vests waved colorful slips of paper to complete one trade after another.

"Looks like the trade is quite active." Hall said, looking around.

Monte's voice couldn't hide his excitement: "Many market makers no longer provide quotations, dozens of weighted index stocks can't open, the trading volume continues to shrink, and those who dare to buy now are stupid!" ”

"Don't be so vulgar, calm down, we're gentlemen." Hale forcibly controlled his expression to keep the corners of his mouth from curling.

"Honestly, the way you look now reminds me of my Parkinson's uncle. Don't care about us, you can laugh if you want, our mentality is stable. No one can find fault with you, you have done everything a leader should do! ”

“……”

Hall looked at Brandon, and although this thing was a sycophant, why did it sound so unpleasant.

“…… Look, the guy has made seven trades, guess what he's doing......" Monte said, shifting the subject.

It was a middle-aged man dressed decently, with a silver vulture brooch pinned to his chest.

Sensing the gaze of the three of Hall, he smiled politely back.

"I guess ......"

"Didi, Didi!"

Brandon was just halfway through his speech when all the electronic trading machines on the trading floor sounded at the same time.

Immediately after that, the trading floor was noisy, and a few seconds later, a more powerful sound erupted.

Bond indexes, options indexes, and foreign exchange indices collectively plummeted, and at this moment, "Black Monday" came.

……

If we have to make a decision about the creation of "Black Monday", electronic trading and programmatic trading will be an integral part of it.

Last week's three-day decline in a row made speculators with a keen sense of smell feel the risk, so they made a lot of hedging, portfolio insurance transactions, and then this day, this moment.

The U.S. stock market in free fall is raging like a flood, rushing into the abyss with any trading means such as hedging and hedging, and any operation.

They rushed and overwhelmed everything.

The sheer volume of transactions destroyed the electronic trading system, and the NYSE's 200 computers had never processed such a huge amount of information.

As of 12:30 p.m., the electronic trading system was 75 minutes slower than the actual trading.

This means that 120 million of the 396 million shares traded by the electronic trading system have not been executed.

At this time, the stock market plunged 250 points.

At this moment, the chairman of the Securities and Exchange Commission is speaking in Washington - considering the temporary closure of the exchange.

This means that investors can't sell the stocks in their hands, and can only hold them in their hands and watch their money evaporate.

With a strong desire to survive, investors are trying their best to dump their stocks before the exchange closes.

The more you sell, the more you fall, the more you sell, the more you sell, the market is forever in a cycle of extreme frenzy and extreme fear.

…………

At the close, the Dow Jones fell 22.76%, its biggest one-day decline since the Great Depression of 1929.

On this day, nearly $500 billion evaporated from thin air, or one-eighth of the total U.S. output that year.

An autumn breeze blew, and colorful strips of paper scattered all over the floor of the New York Stock Exchange were fluttering.

Brown three-joint oxfords with shiny skins walked briskly past several trading slips, crushing the numbers on them.

"83 million! Floating profit of 83 million! Fack, we've made a lot of money! Monte growled under his breath.

Brandon couldn't hide his excitement: "Ha, we really witnessed history, you are a genius, really!" You're a genius! ”

"My mom said that genius is a compliment to the past, not an affirmation that has not yet happened. This history is still a work in progress. Hall played with what his mother had taught him.

"Ahh

Suddenly a scream sounded beside him, and the three of them raised their heads in unison, and a figure fell rapidly from the top of the building, "bang", and smashed on the lid of a car chassis.

Seeing the blood-stained silver vulture brooch on the chest of the body, Hall's pupils instantly constricted, and a buzzing sound sounded in his head......

"Buzz ......"

An old and powerful hand grabbed the phone: "...... Treasury Secretary James Baker on a plane to Europe, yes, I, I'm the highest-ranking Treasury official to stay in Washington to deal with the crisis......"

"We are going to formulate a policy rescue plan, but the domestic economy is not in a bad situation this year...... You have to do something, too. Peter McPherson, Deputy Secretary of the Treasury and Acting Secretary, said.

"I don't think we should focus on long-term policy issues now, and the most important thing is to solve the current dilemma!

Give money, throw money into the market, until the market comes alive, and then think about anything else!

[The Federal Reserve fulfills its role as the nation's central bank and is ready to act as a source of liquidity to support the economy and financial system.] This is the title of the statement that will be issued when I am ready to close. ”

Less than a month after taking office, Alan Greenspan, who will become the future "economic czar", shows his ferocity.