Chapter 546 EVE
Magic City, a certain quantitative operation team.
In the employee area, rows of screens are filled with constantly changing K-line charts.
But there were not many employees present, only the servers in the computer room were humming with heat...
Why is it that today the market seems to be getting better and better, but it is getting harder and harder for investors to make money?
The answer is simple, stragglers will never be able to defeat regular troops.
In the past, institutions used professional traders to cut leeks, but now they use the program code of quantitative models to cut leeks. Times have changed, and cutting efficiency is higher.
When you think you are still in PVP and your opponent is a big guy in front of a computer screen, you don’t know that your biggest opponent is already a server...
And when you realize that you are in PVE, you will soon find in despair that your maximum hand speed is not even a fraction of the opponent's APM (Actions Per Minute).
Ordinary people challenging computers may be able to defeat beginner, advanced, expert, and even hell-level robots.
However, the next second, the programmer will tell you that there is no upper limit to the difficulty of the robot...
The only opponent of robots is robots!
In the future capital market, the opponent of quantitative trading will only be another quantitative trading...
"Mr. Wei, this...this is our income statistics for this week."
The middle-aged man in a suit and leather shoes, wearing Cartier, looking like an elite, drank coffee and casually took the report carefully handed over by his subordinate.
However, as soon as I glanced at it, the coffee in my mouth almost spit out.
"-6.2%!?" Mr. Wei's face turned green.
"Are you sure you're not kidding me?"
"This..." the subordinate said cautiously with a worried look on his face, "I have done the statistics three times, the data must be correct..."
"Pah!" Mr. Wei threw the report directly on the table and said angrily.
"Are you kidding me? I just went to Hainan for a week's vacation, and you're going to give me this kind of result when I come back?
I lost more than 30 million yuan in one week. How do you want me to explain it to investors?
Tell me, what was the company's weekly profit rate before I left?"
"On average -1%~3%, if you are lucky, it can even reach 5%..."
"What about now? Are we experiencing a stock market crash?" Mr. Wei said angrily, slapping the table.
The subordinate smiled bitterly.
"Mr. Wei, we didn't expect this. Everything else is fine. The main reason is that we suffered heavy losses on one stock."
"Huh? Which evil stock is so evil?" Mr. Wei picked up the report and read it carefully with an angry look on his face, and soon found the culprit who caused them heavy losses.
The green “-26.8%” at the back is unusually dazzling.
"Xu's Group?"
The subordinate gritted his teeth and said, "Yes, that's it. Most of our negative returns are on this stock. Even if other stocks have a slight profit, the overall loss will be greatly increased.
To be honest, not only our team, but also colleagues from several neighboring companies who have this stock on their plates are also lamenting that we are pretty good, and the quantitative strategy is not that radical.
I heard that Mr. Liu’s 50 million plate was immediately announced to be liquidated yesterday..."
"Hiss~" Mr. Wei gasped.
"What's going on with the Xu Group? Although the real estate industry is in a slump right now, the situation won't be so extreme, right?
Could it be that there is some unexpected and breaking news?"
"That's not true, except that the Xu Group has just issued a positive announcement about repurchasing shares, which shows that the situation is calm, and even the stock price has not fluctuated significantly.
But the evil is here.
Our quantitative model used to be fine before, but recently it has been showing negative returns for a week in a row.”
"Negative returns? What does the technical team do for a living? Since there is a problem with our quantitative strategy, why don't we quickly modify and maintain it?"
"We maintained it, but it would have been better if we didn't. If we maintained it, we would have lost more..." The subordinate smiled bitterly.
Mr. Wei stared blankly for a long time before forcing himself to calm down.
"Have you found out the reason?"
"Well... although I can't be sure, looking at the trading volume, this stock should have a new heavyweight quantitative player, and the trading funds mobilized are at least 1 billion and upwards."
"One billion?" Mr. Wei was stunned for a moment.
This amount of funds... is not too much, but too little!
You must know that Xu Group is a listed company with a market value of nearly 100 billion, with more than 30 billion in circulating shares alone.
According to the standard of 30% for mild market control, the amount of funds must be at least 9 billion.
A person with a capital of 1 billion can only be considered a big player at best, and is far from the level of a banker.
In nature, quantitative trading is the use of short-term high-frequency operations to obtain large spread profits.
Its profitability depends not only on the excellence of the quantitative model, but also on the amount of funds.
Big fish eat small fish, and small fish eat shrimps, even for quantitative teams!
"That's it, are you going to beat us to the point where we can't find anything? We have a technical team that has tens of millions of dollars every year, and just a cat or a dog can knock you down?" Mr. Wei said angrily.
"This..." The subordinate was speechless.
Our team was not the only one who was killed. It was almost like killing someone who was wrong and not letting go. They would die if they touched each other, and they would die if they were next to each other...
This opponent is quite speechless.
In their circle, they used to play PVE very well, and it was great to cut leeks.
Who would have thought that someone from EVE had infiltrated the scene, and it seemed that he was here specifically for them. Instead of cutting leeks, he just chopping melons and vegetables for them.
Although he is an opponent, as a technician, he has to accept it. Or how can one say that a skilled person is bold.
With a capital of 1 billion, he knocked a group of quantitative teams to the ground and rubbed them.
That means that the other party's strategy model is already good enough to offset other people's financial advantages to a certain extent.
No matter how you look at it, this is not an easy person to mess with...
"Well, Mr. Wei, although I don't know who this mysterious player is, he seems to be only interested in the stock of Xu Group.
The advice of our technical department is to stop losses in time, avoid this stock, and re-adjust our quantitative model."
"Stop loss? A loss of more than 30 million. How do you want me to write a year-end report to shareholders?"
"But... there are so many leeks on the market, we can't hang ourselves on this tree."
"It's nothing, there are thousands of leeks, I just have to cut this one today!
Humph! A mere billion-level player is like a dragon crossing the river. Even if he reaches our Huangpu River, he has to peel off his skin before leaving!"
Mr. Wei is indeed confident in saying this. Even though their team size is only average, the people who invest behind them are not ordinary people.
If you pick anyone out at random, they are all prominent figures in the Yangtze River Delta.
Even Xu Jinsong from the Xu Group can be considered a member of the same circle.
As far as this stock is concerned, it is definitely their home field. They have the final say whether to release good news or bad news, and they are not afraid of the other party making a fuss about it.
He immediately took out his mobile phone and sent a "Jianghu Summoning Order" in a chat group called "Qilin Club".
That night, the heads of dozens of investment institutions secretly stayed in the most luxurious private club in Shanghai and did not leave until the early morning...
…
Just after 9:30 the next day, Gao Yuan, who was checking the company's development information, suddenly received a reminder from Ling.
"What? The strategies of dozens of quantitative teams have converged..."
Gao Yuan looked slightly stunned, then thought for a moment and then came to her senses.
This is a one-on-one defeat, so the six major sects are besieging Guangmingding...
If you can't beat EVE, just play EEEEEVE!
To be continued...