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Chapter 142 The Rapidly Developing Iridium Star

Without lack of funds, the advancement speed of Iridium's satellite network and ground network is amazing. The backbone network in the eastern region has connected most large and medium-sized cities and has begun to extend to neighboring Canada, while network construction in the western region is also underway. Iridium optimistically estimates that the national network will be officially linked within one year.

Although the nationwide network has not been built yet, in the New York area where Iridium was first operated, especially in Wall Street where large financial institutions gathered, many large financial institutions have begun to use Iridium's services to change the traditional trading model. The programmatic trading system first invited IBM to develop for it was also sold by IBM as the latest product to Goldman Sachs and other large investment institutions.

In just a few months, electronic trading has set off a wave in the financial industry in the United States, and the New York Stock Exchange and the Chicago Stock Exchange have successively adopted electronic trading platforms. However, so far, electronic trading platforms are still very primitive, and most of the functions are focused on moving exchange information and transactions to the office. This is essentially different from the high-frequency trading system that invested its efforts in the research and development of the Seriosha case.

Seriosha's high-frequency trading system is a system completely controlled by a computer. It needs to quickly find low bid sell orders and high bid buy orders in the vast sea of ​​transaction data, and to complete the transaction before the transactions of other financial institutions. This requires huge computing volume and a stable trading system as support. For Seriosha's Colombia Bank, in terms of talent reserves and financing capabilities, it is far from comparable to the five major investment banks that have been established in nearly a hundred years.

Although Seriosha's cash reserves are already amazing, as long as financial institutions like Goldman Sachs and Morgan Stanley need them, they can receive capital injections from the US Treasury and the Federal Reserve in minutes. What's more, they also have a large amount of funds sent to them by wealthy people all over the world to take the initiative to deliver them to their homes. This is not something that Columbia Bank can catch up in the short term. Therefore, the cheating tool of high-frequency trading has become the capital that Seriosha relies on based on Wall Street.

To achieve high-frequency trading, it puts high requirements on the computing speed of computers and the transmission speed of network service providers. In fact, there are many similar similar trading technologies, such as lightning trading, etc. Even Selyosha, a dark pool transaction specially issued for high-frequency trading, also knows some general problems, but as a pioneer in the market, Selyosha's development has no precedent to follow, and most of the work needs to be started from scratch.

The most capable programmers drawn from Yota Communications were responsible for this development plan, and each signed a valuable confidentiality agreement. The development of the entire system will redesign and transform IBM's system in multiple aspects such as network transmission, computing efficiency, and trading strategies.

The person in charge of this project reported to Eva about the development progress almost every day. At the same time, with the continuous launch of Iridium, Eva has also become a leader in the United States' technology and business industry. Now I don't know how many investment institutions are waiting in line to get downstairs of Eva's office every day. I hope to get an opportunity to invest in Iridium, which is incomparable to 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 under test, consumers can't wait to try the convenience of satellite communication. Many people booked satellite phones on the official websites of Iridium and AT&T early on. The popularity of its sales has even become the most popular topic in society.

Eva originally only had the Iridium phone manufacturers selected by Japan, Kyocera and Sony. However, with the call and matchmaking of US President Reagan, Eva and Motorola made aside, and Motorola became the third agent of Iridium terminal equipment. However, Eva hopes to further expand the scope of Iridium standard satellite phone authorization after the Iridium network is completed and more manufacturers are included in the Iridium camp.

Iridium continues to attract powerful partners around the world, which also ensures that Iridium always maintains its leading position in the competition. However, the problems of local operators have made Iridium unable to open up the situation in Europe. Because Eva also faces the same problems that Kalim and Tonya have to face in the process of acquiring Volkswagen, that is, the trade protectionism insisted by European conservative forces.

Now it seems that there is a tendency for conservatism to rise in Europe. Even Germany, which has the best economic situation on the European continent, still has strict access conditions for foreign investment in the market. If Eva's Iridium wants to promote its business in Europe, it will face the counterattack of telecom operators in almost all countries in Western Europe. How to break this situation will be a new challenge for Eva.

However, it is advantageous that Eva is not the only shareholder of Iridium. The many directors on the board come from different countries and industries. If they take the lead in grabbing the market, the Japanese are definitely the most experienced in this regard. However, the directors sent by Goldman Sachs have provided Eva with a new idea.

"Why don't you try lobbying NATO Command, we are already a satellite communications supplier to the Ministry of Defense. If European allies do not adopt our solutions, how can we unify the satellite communications system?" Goldman Sachs director advised Eva.

"Is this good thing possible fallen on us?" Eva asked in disbelief.

"Don't worry! If you don't want to use the Iridium system, they have to pay for a new military satellite communication system that is compatible with the Iridium system. Do you think they are willing to pay this money?" asked the director of Goldman Sachs.

"Okay, that's OK. How can we go and discuss 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 arms companies and have a lot of dealing with senior NATO leaders. I think you can use their connections to go around Europe to see if you can make any achievements!" said the director of Goldman Sachs enthusiastically.

"This is a really good idea. I never thought that all of Iridium's early customers came from the military. It would be really rewarding to talk to you!" Eva said sincerely.
Chapter completed!
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