Wall Street wants more female traders, but old perceptions die hard

    By: Nor Attisha on Jun 18, 2018

    Anna Irrera writes, “I was never interested in a career in trading at a bank because I didn’t know it was an option,” Karani said.

    A decade later, Karani is a director at Barclays PLC (BARC.L) in New York where she trades healthcare derivatives and helps the bank’s effort to attract more women to trading by talking to female college students about her job.

    Despite such efforts Karani still represents a small minority since few women apply for jobs in trading, deterred by its decades-old reputation as an “alpha-male territory” and misconceptions about skills it requires.

    “Trading is a hard one to crack,” said Jon Regan, a head of global markets for executive search firm Sheffield Haworth. “I don’t think it has changed much, although firms are working hard to improve their gender ratios.”

    The firm, which works for many leading investment banks and conducts studies on behalf of its clients, found women generally account for 12 to 15 percent of trading roles, he said."



    Released: June 18, 2018, 8:40 am
    Keywords: NAWL News

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