More women traders = less volatile financial markets

Let it not be said that research won't come up with something. On this occasion it is that it may well be that male testosterone levels may leads men to act as they do in "working" financial markets - and that women traders may do a much better fist of things.

From ABC RN's Breakfast program:

"Research by John Coates -- a neuroscientist at Cambridge University and a former Wall Street trader -- suggests that hormones drive investment decisions to a far greater extent than economists and bank executives realise. Male traders' testosterone levels surge when they are on a winning streak, sparking such euphoria that they start taking too many risks. Coates says one way to stabilise financial markets may be to change their biology -- in other words, hire more female traders."

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