Chapter 578 (2/2)
At this time, on vacation in Sochi and Yulia, after learning the news, he immediately called Mikhail and asked him to order a new and most powerful mainframe computer from IBM.
”Xie liaosha, what do you want this thing for, not to mention that there are few engineers who can operate this kind of thing, but the price of this thing is not cheap...” Mikhail asked on the phone.
”Mikhail, this is the future trend of technology development. I want to connect all our capital transactions to the computer. In addition, I want EVA to try to persuade the board of directors of the New York Stock Exchange to use our uunet to exchange transaction data after the holiday.” Xie liaosha said eagerly on the other side of the phone.
”Come on, Xie liaosha, have you come up with another idea to make a lot of money?” Mikhail doesn't believe that just for this purpose, he has to spend hundreds of millions of dollars on the giant computers used by the U.S. Department of energy to study nuclear bomb explosions, which is a luxury for the Bank of Columbia.
”Mikhail, iridium's network technology is in our hands, right?” Xie liaosha asked.
”Of course, why not?” Mikhail replied.
”Then we can make the data packets of Bank of Columbia transmit faster than those of other companies in the network, right?” Xie liaosha asked again.
”Although I'm not very clear about this, I think it should not be difficult to achieve!” Mikhail still doesn't understand what seryotha is trying to do.
”Let me give you an example, Mikhail. Suppose that a stock in the market has been sold for $5.05, but because of communication delay, most of the trading machines haven't been able to show it yet, and someone has put up another $5.06 without knowing it. If our transmission speed and computation speed are twice that of other trading parties in the exchange, and our computer knows the existence of these two orders before all traders find them, then... ”
”Then we can get a $5.05 order for our computer, and then sell it to the fool who bid $5.06...” Mikhail finally understood that as long as you are faster than everyone else, you can grab these two deals before all the traders.
What sherio Sha has to do is to take advantage of Yota's communication technology and IBM's computing speed in securities trading as Mikhail thinks. This kind of behavior will be strictly prohibited by the regulatory authorities in the future. It has a special name, called high frequency trading.
Although high frequency trading in the future will only be invented by some unruly financial institutions long after the Internet transaction, but now even the iridium network is on the Internet, Eva only needs to secretly raise the data priority of Columbia bank.