Chapter Seventy-Four: A Weapon for Making Money
Hall convinces Cheryl with a trick, and she says she will discuss it with Margaret.
But in any case, the 'magic essay' is regarded as a marketing plan, at least until the clothing version is determined to be put into production. Until then, he still couldn't escape the code words to write the setting of "Harry Potter" to provide Cheryl with design inspiration.
And also to act as a male model, who made the first version of the costume cut according to his body type......
After a busy week, Yindun School opened, and Hall took the last time to go to AEC for an all-staff meeting to arrange work.
said that it was all employees, but in fact, there were three or two big cats and kittens, Brandon, Monte, Pan Weidi, two traders, plus the legal counsel and the new arrival after the year to take over the work of Aunt Caroline.
"This situation will change immediately, and the research project [Mathematical Finance] initiated by the London University of Economics and Political Science has achieved preliminary results, and they have developed a 'multi-factor quantitative trading strategy model, and your next main job is to build a quantitative trading team.'"
After the meeting, Hall left Pan Weidi alone to arrange the work.
Pan Weidi put his fingers on the nose pads of his glasses, and took a large stack of data from Brandon's hand to take a cursory look: "Market capitalization, momentum...... Is this a strategic model for long-term value investing? Our current trading is all short-term speculation."
"Let's put the team together first."
Hall had a plan in mind, "The research on the strategy model suitable for high-frequency trading is being studied, and the logic of the technical indicators involved is cumbersome, and the results will be produced in June. That's going to be the focus of the securities investment department, and I'll leave it to you."
Quantitative trading is roughly divided into several types, a long-term trading strategy based on fundamental tracking, and a short-frequency trading based on the logic of technical indicators.
Hall itself is the best long-term trading strategy, so AEC Capital naturally only needs to focus on short-term strategies in the field of quantitative trading, especially high-frequency trading in short-term strategies.
With the collapse of the electronic trading system of the New York Stock Exchange on Black Monday last year, the electronic trading system is now vigorously developed on Wall Street.
[High-frequency trading], a term that sounds mysterious to ordinary people, will begin to develop and grow rapidly in the secondary market.
To put it bluntly, this thing is actually the use of computer mathematical models to automatically buy and sell quickly in seconds to earn the difference in market fluctuations.
Profits are very objective, and high-frequency trading fund companies that do well usually have multiple annual profits.
In the case that Hall knows the general trend of the market, this thing will become his short-term money-making weapon, and it will be all up to him to spend money on big toys in the future.
Therefore, it can be seen from this point that he attaches great importance to Pan Weidi.
"If you have any needs, I will give priority to guaranteeing them. You're in charge of electronic trading at Morgan, you're an expert at that, and I trust you." Hall added.
Pan Weidi's face couldn't help but show a little excitement, and he took a deep breath: "...... I need a little time to understand the whole project, what can I think of for the time being...... An office close to an exchange, at least a computer room, close to an exchange. This is important for short-term trading." ….
"Brandon is already doing it." Hall nodded.
The headquarters of countless financial institutions are located on Wall Street, largely because the network is not developed now, and it is a stupid way to be close to the exchange to meet the needs of the network for electronic trading.
Later, as the Internet developed, many financial institutions moved to Midtown, and Wall Street was about to become a residential area. Many scam companies are happy to pay high rents there to bluff people with the signs of the world's financial centers.
"Also, how do we work with London Politics and Economics? I need the raw data from which they created the model, as well as all the data generated during the use of future trading strategies, preferably exclusively owned by AEC." Pan Weidi's brain was spinning rapidly.
This is another key issue, to some extent, quantitative trading is like an Internet algorithm, which will analyze the user's preferences and push the corresponding content, and the online shopping will recommend the right product to the user.
Of course, the core algorithm data of many leeks is impossible to leak to the outside, and the Wall Street giants have their own tricks, otherwise their domestic counterparts will not be hunted like fat sheep when they enter the international market, and even play the magic operation of crude oil falling to negative numbers.
Wall Street's quantitative funds entered the domestic market in a low-key manner, but as a result, they lost all their pants and ran away in ashes.
Although these two are not universal, they are enough to show the importance of mastering the core gameplay of different markets.
Hall is prepared for this, 500,000 pounds is not a small amount of money, put it in Hollywood, and Xue Linfen will shoot a moon lover at about this price.
London politics and economics will pay for everything, and all the research results in the next three years will be exclusively shared with AEC. Brandon won very lucrative terms.
And now London politics and economics have tasted the sweetness, and they are ready to open the discipline of "Mathematical Finance", invite AEC Capital to make commercial investment, and co-establish the Institute of Finance.
The crane tail of this famous English school, which is currently ridiculed, seems to have a tendency to support each other and make progress together with AEC.
After determining the development of his future money-making tools, Hall once again examined Pan Weidi, who had mastered it: "I said I would teach you how to trade, and now I have fulfilled my promise."
"Not yet, you still promised to let me return to Wall Street in two years in a better state." Pan Weidi responded with a straight back and a serious expression.
Hall was stunned for a moment, and then the corners of his mouth curled slightly: "It won't take two years, next year you will lead the quantitative team back to Wall Street, next door to Morgan's headquarters, and have a ...... What is the name of the manager of the APT quantitative trading department that Morgan is most famous for?"
"Tartalia."
"Yes, Tartaglia, you'll have an office on the same floor as him."
"His office is on the 19th floor, and my thoughts are on the 20th floor." Pan Weidi also replied with a smile.
Years ago, he was caught by the little boss in front of him who was wearing a middle school uniform and had to carry his luggage to report for a while, and it only took ten minutes to find the north.
With a freshly baked PhD diploma, I gave up my career prospects and started all over again in London.
Seeing in detail the other party's ongoing securities investment on Black Monday, he has no doubt that the little boss is a genius, a real genius, more than Monte and Brandon firmly believe!
It felt like a small black dot at the end of the field of vision, and the layman stood far away and knew only that it was a mountain.
Brandon and Monte were at the foot of the mountain, knowing that it was a towering mountain; And he stood on the mountainside, knowing how difficult the road he had climbed up was, and even if his neck was tilted up to ninety degrees, he could not see the top of the mountain.
Now, Hall has given him the position of manager of the securities investment department and asked him to form a quantitative trading team, which is an opportunity to climb to the top of the mountain, and he wants to see the scenery there.
So, there's no better platform for growth. Even if it's just for himself, his life is temporarily sold to Hall.
I'm actually a mortal to remind you: Remember to collect after reading [] w w w.. com, next time I update you to continue reading, look forward to the wonderful continue! You can also use the mobile version: wap... com, you can read it anytime, anywhere....