Female Traders Continue to Increase in Spread BettingBy City Index, PRNE
Wednesday, June 15, 2011
LONDON, June 16, 2011 -
Over the last 10 years there has been a significant increase in
the number of women trading, says Joshua Raymond, Chief Market
Strategist of spread betting and CFD trading provider City Index
“Currently we see a far greater amount of male clients than
female clients,” states href="www.cityindex.co.uk/spread-betting/">spread
betting expert Mr. Raymond. “However, over the last decade we
have seen the number of women trading increasing. On average,
between 2001 and 2007, we saw an increase of 124%, year on year, of
new female traders.
“However, from 2007 until early 2009, there was a fall of 71% in
the amount of new women traders.” Why the sudden decline? Mr.
Raymond believes it could be a case of female traders being more
risk-averse than their male counterparts.
“[The decline in new female traders] appears to indicate that
despite the fact you can make money from bear markets by spread
betting, by going short or selling prices, women appear to be more
risk averse then men, and this may be why we saw a fall in the
amount of new women traders between 2007 and March 2009 - a time
when the FTSE 100 lost 48%.”
Since then, there has been a new increase in the number of
female clients joining at City Index, now growing at a rate similar
to before the global financial crisis started. As Joshua Raymond
points out, “this could indicate women are more strategic in their
planning than men”.
Spread betting and CFD trading are leveraged products which can
result in losses greater than your initial deposit. Ensure you
fully understand the risks.
About City Index:
Today more and more individual traders are discovering the benefits
of derivatives, and many of them are discovering them through City
As a group, we transact in excess of 1.5 million trades every month
in over 50 countries. We provide access to a wide range of
instruments including margined foreign exchange, href="www.cityindex.co.uk/cfd-trading/">CFD trading and,
in the UK, spread betting.
We constantly look to improve the performance of our platforms and
expand the range of services we provide. The result is that our
customers benefit from innovative trading tools with transparent
pricing, competitive spreads, and a high standard of customer
to trade and find out more at href="www.cityindex.co.uk/">www.cityindex.co.uk/.
Contact: Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond[at]cityindex.co.uk
Tags: City Index, June 16, London, United Kingdom