Pedestrians cross a road outside the SGX Centre, which houses the Singapore Exchange Ltd. (SGX) headquarters, in Singapore, on Thursday, Jan. 19, 2017. The SGX has tendered a 4.75% stake in the Bombay Stock Exchange for sale in an initial public offer, valuing its shares at S$42.8m to S$42.9m, the exchange said in a filing Jan. 19. Photographer: Ore Huiying/Bloomberg
© Bloomberg

I enjoyed Eva Szalay’s report “Push to hire more women on trading floor faces obstacles” (August 10). While I have never actually counted the number of women in dealing rooms (that would have been a little weird), my personal impression over 30 years in foreign exchange is that gender bias used to be more pervasive in the UK, less so in the US, but least in Singapore.

One reason that proportionally more women may have been employed in Singapore, in addition to Singaporean managers taking gender equality especially seriously, may be that most Singaporean men must serve as reservists for as many as 10 years after their National Service, requiring up to 40 days out of the office each year. Most women are not subject to that requirement.

James H Sinclair
Executive Chairman,
Market Factory,
New York, NY, US

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