After her best year trading currencies, a female trader on a large US investment bank’s foreign exchange desk was expecting good news at the bonus meeting. It was, after all, the late 1990s, the heyday of currency trading. But when her boss told her the sum, which was a fraction of what male members of the team were awarded, she stood up and went back to her desk in silence.
When she later told her boss she was disappointed, he turned around and snarled: “And how much does a nurse get?!”
Incidents such as this have hampered a growing push to get more women into senior trading roles.
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