Why are there no women on the trading floor?
It took all of 226 years since the inception of the New York Stock Exchange for a woman to come to the forefront and lead it. Stacey Cunningham has finally pierced through the stronghold of men at the helm of affairs and has become the President of the NYSE. Muriel Siebert was the first woman to be on the board of the NYSE; at her time there were 1365 men and just one woman. Even today there are only a handful of women in this field; the ratio between men and women is extremely uneven.
Can you stop the bro talk, please
It is a common belief, but a fallacy mind you, that women are not cut out for the aggressive nature of trading and most of them are unwilling to take the risks involved. The likes of Siebert and Cunningham have proven that wrong though.
As someone mentioned before, the trading floor is where a lot of bro talk happens and often men tend to ignore the factor give enough respect to the women by their side and indulge in a talk which is inappropriate for women. Those ladies who survive do it through sheer grit and growing a skin so thick that nothing affects them anymore( at least they wish). Sadly, the resultant environment does take its toll and hold back women from moving ahead.
Another hard to accept the fact is that the inane and often sexually laced conversation that the men on the floor have is overlooked even by the top bosses and hence the women who have to face it are left high and dry; a good enough reason to not enter the field where they are not respected. It has been reported by umpteen women who work on the floor how they feel they never belong there and often the male banter left them feeling small and immensely embarrassed.
Those women who try to fit in come back feel disgusted with themselves for having tried. They are often overlooked even for promotions and it is demoralizing. It is a murky world out there and it needs a decent contingent of women to make the workplace more comfortable and welcoming.
I want to trade but…
In the meanwhile, if you wish to trade but don’t think you can ever find yourself facing up to the bro attitude of the trading floor, you can turn to automated trading systems like the bitcoin loophole and trade from home. You can continue reading about it to gain more information and take the first step towards trading.