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First-time traders hit 400,000 during pandemic

Aleks Vickovich

New research has put the total number of active online investors in Australia at a record high of 1.25 million, after 435,000 people placed their first trade on the sharemarket in the past 12 months.

A survey of almost 20,000 investors by research house Investment Trends found a 34.8 per cent jump in the number of active traders, defined as those buying or selling shares at least once over the 2020 calendar year.

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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/first-time-traders-hit-400-000-during-pandemic-20210311-p579qm