God of Money

A full review of the selection of funds began with the announcement of Jeong Ho-min, chairman of the National Pension Fund Management Committee. The first gate was a presentation by representatives of each support company. The size of the fund made the presenters nervous.

300 trillion in funding.

Funds that are likely to grow to 400 or 600 trillion in the future.

You can move tens of trillions of dollars if you win.

Tens of trillion.

That kind of money could save the dying market and kill the living market. A fierce blood work has begun to qualify.

"Oceanic securities have been introducing their own algorithmic trading systems for the past three years, consistent testing has led to the commercialization phase. We have now launched a live algorithm trading fund, earning 5% to date."

Representatives of ocean securities explained, but the faces of professional investment committees were not so good.

"Is this going to work without leaving it in foreign capital?"

"They want me to do it as an investment diversification, and I have to do it."

"No, it's typical to raise domestic securities with people's money. Tsk, tsk, tsk, tsk, tsk, tsk."

"Phew."

The panel of experts who were sitting together decided to agree or not. Because of the cultivation of the algorithmic trading system, the work has been driven here because it is not possible to leave the funds to foreign managers.

"Next up is Noorie Securities."

In the host's explanation, Shin Gun-gu stepped forward.

"Hello, this is Nuri Financial News. What I'm going to talk to you about is a major recommendation algorithm that we're working on. I want to remind you that we have been operating the system for the past year and are consistently earning money. “

Shin Gun-gu who took a breath was a horse.

“Algorithms adopted in our systems use linear regression analysis methods to find and invest in gradient patterns from past data. to their customers. I think that the return has already been demonstrated for sufficient time and will be helpful in the future of the management of national pensions."

The more the announcement of the new guns, the more the panel chattered.

"I've tried that, but it's too dangerous. And by" spike, "I mean most of them are in on it."

"Some stocks have improved performance and are skyrocketing."

"You're saying that because you haven't used it. That's a recommendation with at least a 10% increase. Would an increase in performance increase by 10% in one day?"

At the end of the presentation, one of the panel raised his hand.

"I think a stock in a rapidly rising state is a big risk, what is the risk management of that algorithm?"

"So the system has been changed so that we can recommend valued shareholders that reflect the subjective ratings of current analysts."

In response, several panel members tilted their heads. That wasn't an algorithm trading system. It's no different from the old way.

But the panel didn't say anything. You can't be a panel member here forever.

Nuri Finance is a financial disaster.

I don't know when the kite will reach there. I didn't have to build a bad story.

"You heard me. Here is a representative of the rainfall of the KND Investment."

He slowly walked up to the top.

Live Flash Week Trading.

Secondary high frequency trading.

Multivariate model statistical gains trading.

Fair Trading Algorithm Trading.

As the dominant star continued to explain, it turned into a lecture time, not a presentation time. The terminology used in mathematics and statistics was obscure, and some members of the professional community spoke of unfamiliar concepts.

If the existing presentations explained their system to the public eye, then dominance created explanations for people with expertise, not the public eye.

Why?

because the people sitting in front of me were self-proclaimed experts. Algorithm trading in Korea, however, was an unfamiliar field.

"So, multivariate model statistical gains trading is a more stable way?"

"It can be used reliably and for high returns. I'm talking about the range of alpha values that we set."

At that moment, one of the experts glittered and saw the dominance. It was the reality of the 'process' that Lee Sung-hyun mentioned.

"Like you said, we're making money in the U.S. So can we say that we're competing with investment groups like JPMorgan and City Bank?"

"We're competing, we're winning. There are already companies following and tracking KND's buying and selling patterns. We're competing with them every second."

It was an opportunity to appeal. The dominant voice breathed for a moment.

“And I'm winning. Shouldn't there be one investor in my country who can fight the world's most famous hedge funds, Citadel, Quantum and Elliot?"

Several panel members nodded at the words of the dominant.

"We can hit the financial markets of the United States just like we hit Lonstar."

If the presentation was a rational approach, the answer now was an emotional approach appealing to patriotism. He finished the presentation with the last words. Companies participating in the presentation were all looking for dominance. Everyone was already aware of who would be selected as a business.

At the end of the whole presentation, someone called out for a comeback. It was a new child of Nuri Finance.

"I'm so sorry to see you like this, but you're not attending?"

"I have work to do."

"I'm sure you'll be busy preparing for a commission reduction."

It had not yet been officially announced in the press. However, everyone who could have known already knew.

Commission Reduction.

The social and economic impact was huge. The profit rate of the card company will decrease and the associated stock price will fall. And the unknown ants would live off the cheap stock, which would soon be like catching a falling sword. The dominant who recalled his life in the past replied by clearing his mind.

"Yeah. Well."

"You're going to launch an Internet bank? A coconut bank?"

"I need a financial institution to pay for the card."

"Did you get an ATM or offline window? There are a lot of customers who still prefer to be offline, even though smartphones are on the market."

"You are not the main target audience of the Coconut Bank. The ATM also agreed to use it to get into the convenience store."

"Then we'll waive the coconut bank, although we'll charge you a fee for the third party withdrawal."

Noorie Bank has branches all over Seoul.

Increased consumer convenience if such ATMs are available for free. If the conditions were correct, there was no reason to refuse.

“What do you want? ”

"We want technical cooperation."

"What specifically are you talking about?"

"Since we're not going to stand here and talk, shall we move on?"

But the dominant was cut cold.

"As I said, I have business to attend to. And it's not just Nuri Finance that has made this offer. We're reviewing similar proposals in advance finance and new finance. If it's any different from them, shouldn't it be a long story?"

A slightly arrogant tone frowns at the brows of Shin Gun-gu. The dominant was a horse, not caring.

"As you said, I don't think we're talking here. Please send us the proper documentation so we can review and respond."

After saying that, Yooseong left. New Gun Gu had to try to hide his face to become distorted.

* * *

The place where the dominant left.

A new seminar appeared, he said.

"What do you think? The feeling of first meeting."

"You're right, it's not."

"Noorie's financials," he said. You have to be careful that much. "

"Hunters do not warn in advance when dealing with prey. Maybe there's still a little favor left in you."

While the seminar was speechless, Shin Gun-gu spoke.

"I'm satisfied with your groom, too."

The voice of the seminar went up to me.

"Brother!"

"I think I know why he's happy. Large distribution, basically good impression. It's a coronation that is not commonly seen by the Chamberlain."

Shin Semi was speechless.

"A person's impression changes with his own experience, and it's hard to find arrogance or arrogance in his face. Even in that position, you're as ambitious as he is to undermine his urges and grow his business."

"So what do we do now? Will you give the financial markets to the coconut bank like this?"

"I've only been selected as a national pension manager in a card business, with a history of Korean finance for 50 years. I'm not going through with this. Moreover, nothing has been confirmed yet. It's just a rumor."

Shin Semi pulled out the blue S2 from his pocket and said.

"You know, you don't smoke on chimneys. And as you can see, times are changing rapidly. Everything is going to work out in here. Things are getting harder for you to think about. that we can't predict the future."

"Deposit, withdraw and receive interest in between. But the fundamentals of finance remain unchanged."

The seminar frowned a lot of eyebrows about what it didn't like.

'Maybe there will come a time when you are not saving money, but mining money. And they get interest from it.'

However, the seminar did not speak out of his mouth. Maybe the coin that the blockchain technology talks about is just floating around the Internet.

* * *

The way back to the company.

I asked Yoon Ki-hwan as if he was waiting for the dominant in the car.

"How did it go?"

"It's a weave board. There won't be any debris."

"But it's one of a kind."

"Algorithm trafficking of competitors was something we were embarrassed to call algorithms. At least Noorie Finance brought out what I made. Not on KND."

"Haha, so we have three trillion for now."

"We're going to scale it up. As an annuity, you need to invest as reliably as possible."

"Got it. Got it."

"Again, I like your relaxation, but don't let it go. It's the blood of the people. It's got your money in it."

The team members' expressions hardened in the reign of dominance.

"Three trillion different weights. Sir, you know that. Before I got rich like this, how big did I feel when I got a salary of less than KRW 2 million, and how big did KRW 50,000 and KRW 30,000 get out of my national pension?"

Park Joon-Woo bites his lips tightly, feeling the weight of his words.

"It bears the lives of millions. Think of it that way and get invested."

At the last words of dominance, I felt the determination from the eyes of my team members. It was no lie. People's blood taxes should not be used to help large enterprises like the oceans. should be used to help yourself. Because you know grace, unlike the ocean.

[Breaking News] Government Card Commission Reduction Policy Announcement.

[ONLY] Another company representing KND rainfall announced its access to Coconut Finance.

[Alone] Coconut Tock. Decrease card fee technology Country core technology selection.

News that was promised through the media came out.