Lauren Simmons | |
---|---|
Born | |
Nationality | American |
Alma mater | Kennesaw State University |
Years active | 2018–present |
Known for | Youngest and only (current, but not first) full-time female trader at New York Stock Exchange |
Lauren Simmons (born August 11, 1994) [1] is an American producer, writer, podcaster, and former stock trader for Rosenblatt Securities. On March 6, 2017, at age 22, she became the youngest and only current full-time female trader at the New York Stock Exchange. She also became the second African American woman in the Exchange's 228-year history to have such a position. Simmons left Wall Street in December 2018.
She was named to Ebony's Power 100 list in 2018, and was also awarded 2018 Women of Impact by Politico. [2] [3] [4] [5]
She has been referred to as the "Wolfette of Wall Street". [6]
Simmons was raised in Marietta, Georgia. [7] She received her bachelor's degree in genetics from Kennesaw State University in 2016 with plans to pursue a career in genetic counseling. [8] However, she decided instead to move to New York City and once there she met Richard Rosenblatt through networking. [3]
Simmons gained prominence in 2017 at age 22, after she took a job at Rosenblatt Securities and became the youngest and only woman trader on the New York Stock Exchange. [9] She is also the second African American woman in history to have that position. [10] During her time as a full-time equity trader she earned $12,000 per year. [11] [12] She left the position in December 2018, and cited exclusion by her coworkers after she received press coverage as one of her reasons for leaving. [12] She is an advocate for the financial sector to take steps to increase diversity and inclusion. [9]
In September, 2021, Simmons launched the podcast Mind, Body, Wealth, [13] which she hosted through December, 2022. [14] In February, 2022, the show was retitled Money Moves [14] and became a Spotify original show. [15] [16] In 2021, she became the first host and producer of the web video series Going Public, which helps viewers invest in companies that are preparing to release an IPO. [17] [18] Simmons hosted the first season of the show, whose ten episodes aired from January 18, 2022 through March 23, 2022. [19] In 2024, Baron Davis succeeded Simmons as host of the show, whose second season first aired on May 14, 2024. [20] [17]
Simmons wrote the 2023 book Make Money Move: A Guide to Financial Wellness [21] about personal finance.
Simmons is the co-executive producer of a forthcoming biographical film about her life, starring and co-produced with Kiersey Clemons for AGC Studios. [22]
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
The New York Stock Exchange is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is the largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists. Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or retirement accounts.
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Van der Moolen was a Dutch equity trading firm, with its headquarters located in Amsterdam. They were mainly active in the United States and in Europe, particularly in the Netherlands, France, Germany, Switzerland and the United Kingdom. Van der Moolen, which at its peak was one of the largest registered market makers on the New York Stock Exchange, filed for bankruptcy in September 2009 after mounting losses.
Interactive Brokers, Inc. (IB), headquartered in Greenwich, Connecticut, is an American multinational brokerage firm which operates the largest electronic trading platform in the United States by number of daily average revenue trades. In 2023, the platform processed an average of 3 million trades per trading day. Interactive Brokers is the largest foreign exchange market broker and is one of the largest prime brokers servicing commodity brokers. The company brokers stocks, options, futures contracts, exchange of futures for physicals, options on futures, bonds, mutual funds, currency, cryptocurrency, contracts for difference, derivatives, and event-based trading contracts on election and other outcomes. Interactive Brokers offers direct market access, omnibus and non-disclosed broker accounts, and provides clearing services. The firm has operations in 34 countries and 27 currencies and has 2.6 million institutional and individual brokerage customers, with total customer equity of US$426 billion as of December 31, 2023. In addition to its headquarters in Greenwich, on the Gold Coast of Connecticut, the company has offices in major financial centers worldwide. More than half of the company's customers reside outside the United States, in approximately 200 countries.
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