Trading rooms: Hormonally yours, or mine

A piece of academic research from Cambridge University, which examined the hormone levels of a group of male traders, garnered a lot of media coverage this week.

The report’s lead author, John Coates, apparently used to work as a trader at Deutsche, although I haven’t been able to find out in which area.

Following his return to academia, Coates decided to examine whether there was a hormonal influence on the way traders behaved. Explaining why, Coates wrote in the Financial Times: “This was a question I asked while working on Wall Street during the dotcom bubble. Many traders at this time displayed manic behaviour and a sense of infallibility.

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