Millennial Moves: Lauren Simmons Is The Only Full-Time Female Stockbroker On Wall Street

This post was originally published on this site

Lauren Simmons is the only full-time female employee currently working as a stockbroker on the floor of the New York Exchange. She is also one of a few women in history to occupy a trading role, and according to the BBC, she joins a short list of women who have signed their names in the book containing the constitution of the New York Stock Exchange alongside the likes of John D. Rockefeller.

Simmons, 23, graduated from Kennesaw State University in 2016 with a bachelor’s degree in genetics. According to her LinkedIn, she worked as a supervisor at Six Flags in Georgia while in college and interned at Woodstock Clinical Treatment Center where she “created an innovative version of the center’s resource manual” and a budget sheet of $300,000 after analyzing past expenses. She also interned at Nordstrom before joining Saks Inc., where she worked for six months before joining Rosenblatt Securities last year.

“I fell in love with the numbers and the fast movement, and the men in the trading jackets and everything was moving so fast and I’m loving it,” she told BBC’s Joe Miller.

Richard Rosenblatt, founder and CEO of the boutique securities firm who hired Simmons last year said he’s confident “she won’t be the last.” Although artificial intelligence is fast replacing humans on how stock portfolios are managed nowadays, the floors of the New York Exchange is still overwhelmingly dominated by men.

“Trading in a trading crowd was a very physical thing,” Rosenblatt, who has been a broker since 1969, said. “You and I would look at each other and try to figure out: How big an order did we have? How nervous did you look? How aggressive were you going to be?”

It didn’t attract a lot of women back then, he said.

Even today, people still marvel at the job Simmons does in a male-dominated environment.

“They are like you’re a woman, and you are 23, and you are a minority,” Simmons said. “What are you doing, how did you get this job?”

Simmons remains the only full-time female broker on the floor despite Rosenblatt’s attempts to recruit others, according to the BBC.

“We just hired a new person not too long ago and in the interview process, there weren’t that many female applicants, because they weren’t applying,” Simmons said.

The post Millennial Moves: Lauren Simmons Is The Only Full-Time Female Stockbroker On Wall Street appeared first on Black Enterprise.

Facebook Comments

You May Also Like

10 Euphemisms For ‘Racist’ That Won’t Hurt White People’s Feelings

This post was originally published on this site Have you ever referred to someone ...

Political #BlackGirlMagic: Database Tracks Black Female Candidates in 2018 Races

This post was originally published on this siteWhen it comes to politics, African American ...

‘Got You Sis’: Why Rihanna Is Basically the Best Boss Ever

This post was originally published on this site There’s a lot to love about ...

From Hater to Hopeful: How Netroots Nation Changed My Opinion of Kamala Harris

This post was originally published on this site “You’re just a hater!” Read more… ...

This Is The Only Black Woman-Owned Hotel in Marrakech, Morocco

This post was originally published on this siteMeryanne Loum-Martin is a Parisian lawyer turned entrepreneur ...

American Airlines Appoints Walmart Executive As Its New VP of Team Member Services

This post was originally published on this siteAmerican Airlines announced the hiring of Cornelius ...