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Should female traders have hairy chins?

And should banks avoid feminine types with squeaky voices?

The science says yes.

Research by John Coates, a one-time derivatives trader turned research fellow at Cambridge, suggests that traders with more testosterone make more money.

It also suggests that traders have more testosterone in a bull market and more cortisol (a stress hormone) when markets are volatile.

Does this mean traders with stubble and deep voices will perform better? Maybe - which might also explain why so many are men.

"One out of 15 traders on our desk were female," reflects one female banker.

"Traders need to be rude, arrogant, aggressive and to stick with their convictions," she adds. "You need to really believe your decisions. When women are challenged they have more of a tendency to change their minds in an attempt to please people."

Should trading floors be mostly comprised of men and women who might as well be men? Or does the feminine touch have a place? Let the truth be known below.

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AUTHORSarah Butcher Global Editor
  • Ta
    Talula
    16 April 2008

    There are (a few) women in trading, but they tend to be thick skinned and able to work in what is essentially a very male environment. Does that make them masculine women? Sometimes it's exactly the opposite.

  • Ja
    Jane
    16 April 2008

    Alpha females (think Maggie Thatcher) more testosterone in manicured pinkie than entire Welsh rugby team...You don't have to be a big swinging d*ck, dears.

  • Le
    Lewis
    15 April 2008

    Appointment: ALPHA MALE required.

  • ke
    ken
    15 April 2008

    female traders should be fully shorn.

  • Ja
    Jane
    15 April 2008

    Darlings, this is most certainly not a hairy chin...it's a couple of rogue eyebrows, OK? Let's go girls: Man, I feel like a woman... (ta, Shania)

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.