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Chapter 76: Wall Street is a Fantasy World

  Chapter 077: Wall Street is a Fantasy World

  The University of Wisconsin-Madison computer center was still bustling late at night.

  The scheduling committee will not consider whether it is convenient for users, but rather whether it is convenient for the supercomputer.

  A long design and construction cycle, the world's top technology and price, a supercomputer is as precious as a warship, everyone's time and work arrangements have to follow its temper.

  When Chen Rongxi started installing the software, all the data quietly hid in the running meteorological data, with a flow of g per second, making its hard disk flicker like a warning light, but no one noticed.

  The computer center is always filled with a humming noise, disturbing one's peace of mind.

  As a data researcher, he had a worried look on his face, sipping a cup of coffee and muttering to himself: "Working overtime in the wee hours is so boring, it's going so slowly."

  The computer expert who was monitoring nearby said, "Add two more groups of CPUs."

  He said and immediately took action.

  "Sea monsters" of this class of supercomputers belong to the scalable and expandable cabinet structure, in a large room like a square, there are countless two-meter-high metal cabinets, inside which are processors, hard disks, memory and so on.

  In case of need, the personnel in charge only need to plug in the power cord and data cable on the metal cabinet, and its performance can be upgraded.

  This is a more common design, which can increase the lifespan of various components in supercomputers by thousands and also has the effect of saving electricity - the annual electricity bill for any computer center is a staggering figure.

  Now, the calculation of "Mermaid" needs to be upgraded, and the staff will not think much, first add 2 sets of processors, and then add 6 sets.

  Different operation methods, operation contents, and even the erosion of time may cause a decline in the performance of "Mermaid", but no one knows that at this moment, "Mermaid" is busy testing "Lightning Transactions".

  "Flash Boys" from its birth in Chapter 077 saved 0.01 seconds, they can pay less than tens of millions of dollars in fixed capital investment.

  Compared with it, the high land price of Wall Street is nothing.

  Chen Yi was reviewing the knowledge about supercomputers while opening the software made by Xinbiyou. Here, he didn't have much to do except inputting amounts, bank accounts and a small amount of company information. The rest was mostly watching the computer's performance.

  In order to succeed in the millimeter struggle, the software itself will also strongly resist human participation.

  This is essentially a technological war.

  At 9:30 Eastern Time, a fresh $1 million in capital began to join the world's largest gamble centered on New York.

  Here, everyone thinks they are the strongest and smartest player.

  Most of them want to get rich by being clever, most fail; a few want to increase their wealth through capital, a few fail; and only a tiny number of people want to profit from insider trading, an even smaller number fail.

  But today in 2003, those who understand how to use supercomputers and can afford to use them are a tiny minority among the few.

  At this time, the power of capital has been diluted by supercomputers. Or, supercomputers themselves represent capital.

  "Keep an eye on the computational load of the sea monster, don't let it exceed the warning line." Chen Yi stared at the screen and said to Little Sister.

  Chen Rongxi tapped away at the keyboard, saying: "The software has a function that automatically selects the remaining time slots, which accounts for 15% and shouldn't be noticeable. Is it enough?"

  "A total of $1 million, more than enough." Chen Yihua said: "Others are tens of billions of US dollars, plus a hundred times the bank leverage, how much do we have, add 200 times the leverage."

  "200 times?" It was Tang Xiongfei, one of the three people in conversation, who exclaimed loudly in the US, "With 200 times leverage, it's like taking $200 million from the bank to gamble. If the market fluctuates by 0.5%, we'll all have to forcibly close our positions..."

  What is meant by leverage is using one's own money as a guarantee for the bank to pay speculative capital. However, if losses occur, the bank will ask for additional guarantees. If the amount of the latter is less than the loss, the bank will automatically sell all your speculative products to stop losses.

  This is a win-win situation most of the time.

  It is also a genius design.

  "We won't lose a single penny." Chen Yi said in a cold tone: "We see the fluctuations 0.3 seconds earlier than the market."

  Tang Xiongfei was almost speechless, thinking of a way out while choking out a sentence: "Where is the gamble that can't be lost?"

  "For American stockholders it's a gamble, for us...it's collecting taxes." Chen Yi said, pausing, then added: "Speed up the pace."

  Yong Fei didn't even have time to say a few more words, and hastily began contacting various banks.

  Their capital is too little, and if they want to use more money, they have to bear stricter scrutiny and agree to stricter conditions. On the contrary, those who are forever greedy always like to borrow money from people who don't want to borrow money.

  The financial circle is like a dog-biting-its-tail racing circle, everyone wants to gnaw off a piece of meat from the ass of the person in front, but can't help being licked back and forth on their own ass.

  Half an hour later, Tang Xiongfei managed to get 200 times leverage from Mellon National Bank. This was only allowed because the other party saw that they had successfully used 50 times leverage consecutively.

  In just this short half hour, the Golden Source International, which had only 50 times leverage and $5 million in bait, has already completed a transaction of 70,000 shares, earning itself $150,000.

  This speed is faster than most Wall Street brokers and the yield is much higher.

  If we also consider the latter's huge financial advantage, Chapter 077: World Ranking

  When Tang Xiongfei finalized the automatic payment agreement and returned with a pitiful $2,000, the number in his account had actually increased by 20,000.

  He stared at the 6-digit number for half a day, but said angrily: "It's too unfair, the money earned in this one hour is higher than my annual salary."

  "If you want a raise, go get a bigger crowbar."

  "200 times leverage means we have 3.3 million... now it's 3.7 million US dollars, and still increasing?"

  Although she is the daughter of the Chen family, she has never seen an account with over 40 million yuan.

  "Have you ever played the game of big fish eating small fish?" Chen Yi patted her head and said, "In the pool on Wall Street, with supercomputers, we are the protagonists. Higher leverage will only increase more food."

  ……

  Apart from word count: Second update for today. Double vote on May 1st, don't forget to vote for Fighting Pig.

  ……

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