Chapter 142 The Rapid Development of Iridium
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In the case of no shortage of funds, the advancement speed of Iridium's satellite network and terrestrial network is amazing. The backbone network in the eastern region has connected most of the large and medium-sized cities, and has begun to extend to neighboring Canada, while the network construction in the western region is also proceeding simultaneously. Iridium is optimistic that the national network will be formally linked within a year.
Although the nationwide network has not yet been established, in the New York area where Iridium first operated, especially in the Wall Street area where large financial institutions gather, many large financial institutions have begun to use Iridium's services to change the traditional trading model . And the programmatic trading system that was first invited by IBM to be developed by Columbia Bank was also promoted by IBM as the latest product to large investment institutions such as Goldman Sachs.
In just a few months, electronic trading has set off a wave in the financial circles of the United States, and the New York Stock Exchange and Chicago Stock Exchange have also adopted electronic trading platforms one after another. So far, though, electronic trading platforms are primitive, and most of their functionality has focused on bringing the exchange's information and trades to the office. This is fundamentally different from the high-frequency trading system invested in research and development in the Sergei case.
Seryosha's high-frequency trading system is a system completely controlled by computers. He needs to quickly find out the sell orders with low bids and buy orders with high bids in the vast amount of transaction data, and compete with other financial institutions for transactions. Deal before. This requires a huge amount of calculations and a robust trading system as support. For Seryozha's Bank of Colombia, in terms of talent pool and financing capacity, it is far from being comparable to the five major investment banks that have been established for nearly a century. Financial institutions like Lili can get capital injections from the U.S. Treasury Department and the Federal Reserve Board in minutes, not to mention the huge amount of funds that rich people all over the world voluntarily send to them for their management. This is not something Columbia Bank can catch up in the short term. Therefore, the cheating artifact of high-frequency trading has become the capital that Seryozha relies on to gain a foothold on Wall Street.
To achieve high-frequency trading, high requirements are placed on the computing speed of computers and the transmission speed of network service providers. In fact, there are many similar trading techniques that approximate cheating, such as lightning transactions. Even Seryozha, a dark pool trading company specially launched for high-frequency trading, has some general knowledge, but as a pioneer in the market, Seryozha's development has no precedents to follow, and most of the work needs to be started from scratch.
Responsible for this development project are the best programmers drawn from Yota Communications, each signed a valuable non-disclosure agreement. The development of the entire system will redesign and transform IBM's system in terms of network transmission, computing efficiency, and trading strategies.
The person in charge of this project has to report the progress of the development to Eva almost every day, and at the same time, with the continuous launch of Iridium, Eva has also become a leader in American technology and business. Now I don't know how many investment institutions are waiting in line downstairs of Eva's office every day. Hope to get an opportunity to invest in Iridium Corporation, which is completely different from Eva's visits to these capitalists half a year ago.
Although Iridium is still in the early stage of construction and the network in North America is still being tested, consumers can't wait to try the convenience of satellite communication. Many people went to the official websites of Iridium and AT&T to order satellite phones early. The popularity of its sales has even become the most popular topic in the society.
The Iridium phone manufacturers selected by Eva were originally only Japan’s Kyocera and Sony. However, under the appeal and matching of US President Reagan, Eva and Motorola settled down, and Motorola became the third supplier of Iridium terminal equipment. home agents. However, Eva hopes that after the completion of the Iridium satellite network, the authorized scope of the Iridium standard satellite phone will be further expanded, and more manufacturers will be included in the Iridium camp.
Iridium constantly attracts powerful partners all over the world, which also ensures that Iridium always maintains a leading position in the competition. However, the problem of local operators has kept Iridium from being able to open up the situation in Europe. Because Eva is also facing the same problem that Karim and Tonya have to face in the process of acquiring Volkswagen, that is, the trade protectionism insisted by European conservative forces.
It now appears that there is a general tendency for conservatism to rise in Europe. Even Germany, which has the best economic situation on the European continent, still has harsh access conditions for foreign capital in their market. If Eva’s Iridium Company wants to To promote one's own business, one has to face counterattacks from telecom operators in almost all countries in Western Europe. How to break this situation will be a new challenge for Eva.
But the good thing is that Eva is not the only shareholder of Iridium Star. Many directors on the board of directors come from different countries and different industries. If they want to seize the market, the Japanese are definitely the most experienced in this regard. However, the directors sent by Goldman Sachs provided Eva with a new way of thinking.
"Why don't you try to lobby the NATO Command? We are already the satellite communication supplier of the Ministry of Defense. If the European allies don't adopt our solution, how can we unify the satellite communication system?" Goldman Sachs director asked Eva suggested.
"Is it possible for such a good thing to happen to us?" Eva asked in disbelief.
"Don't worry! If they don't want to use the Iridium system, they have to spend money to rebuild a military satellite communication system that is compatible with the Iridium system. Do you think they are willing to pay the money?" Goldman Sachs director asked rhetorically.
"Okay, that's fine. How can we negotiate this business with NATO?" Eva asked again.
"I know you have no experience in this kind of thing, but you forgot that you are Lockheed's largest partner besides the Ministry of Defense. They are an arms company and have dealt with NATO's high-level officials. I think you can use their contacts Go to Europe and see if you can get something!" The director of Goldman Sachs said enthusiastically.
"This is really a good idea. I never thought that Iridium's early customers were all from the military. Talking with you is really rewarding!" Eva said sincerely.
"Ms. Eva, in fact, Motorola hopes to be the sole agent for the military's satellite phone orders. You know, it's not appropriate for the Japanese to make this kind of thing!" The director of Goldman Sachs finally said tactfully.