It’s interesting to see worldwide that not only have we seen the age of a new female trader decrease by four years, but this could also be said for the male traders too.
Similarly, to the UK market, worldwide we have also found that the average female traders are generally older than males.
But why have these demographic changes occurred without much change in stockholding patterns?
According to Peter Garnry, Saxo Group’s Head of Equity Strategy
, “the last couple of years’ bull market, improving labour market dynamics, a larger focus than ever by media on technology stocks, the rise of crypto has attracted many young people and women into the game of equity investing.
“Many arrived during the rebound phase last year when many people were forced into lockdowns, and this not only has shifted the profiles of traders, but also the approach to trading. This change in approach, or investor psychology, will be interesting to follow as there is a new generation of traders and investors who will learn how to engage in a full spectrum of bull and bear markets.” Sources
All data relates to Saxo Markets internal data between January 2020 and March 2021
*Data accurate up to 17 March 2021