In recent months, the stock market has experienced a significant decrease in popularity, resulting in a sharp decline in the number of stockbrokers. This phenomenon can be attributed to several factors, including the fluctuation of the market, regulatory changes, and shifts in investor behavior.
One of the main reasons for the decrease in popularity of the stock market is the volatility of stock prices. In recent years, the stock market has seen a significant increase in volatility, which can be attributed to a variety of factors, including global economic instability and political uncertainty. This has made it difficult for investors to predict stock prices, resulting in a decrease in confidence and a decrease in the number of individuals willing to invest in stocks.
Moreover, regulatory changes have also played a role in the decrease in popularity of the stock market. Many countries have implemented stricter regulations on the stock market, which have made it more difficult for brokers to operate. This has led to a decrease in the number of stockbrokers, as many individuals have found it difficult to keep up with the new regulations.
Another reason for the decline in popularity of the stock market is the changing behavior of investors. Many investors are now turning to other forms of investment, such as cryptocurrency, real estate, or even art. These alternative investment options offer investors more stability and predictability, which has resulted in a decrease in the number of individuals willing to invest in stocks.
Overall, the decrease in popularity of the stock market has resulted in a significant decrease in the number of stockbrokers. Many brokers have been forced to leave the industry due to a lack of clients and a decrease in demand. However, it is important to note that the stock market is a cyclical industry, and it is likely that the popularity of the stock market will return in the future, bringing with it new opportunities for brokers and investors alike.
After the boom period of the Vietnamese stock market due to cheap money and human resources of securities companies are measured as follows:
- Saigon Securities Inc. (SSI): Approximately 1,200 employees.
- HCMC Securities Corporation (HSC): Approximately 500 employees.
- VNDirect Securities Corporation: Approximately 800 employees.
- Viet Capital Securities Joint Stock Company: Approximately 400 employees.
- MB Securities Joint Stock Company: Approximately 300 employees.
- BIDV Securities Joint Stock Company (BSC): Approximately 200 employees.
- ACB Securities Joint Stock Company: Approximately 150 employees.
- FPT Securities Joint Stock Company: Approximately 100 employees.
It is important to note that the number of employees at these companies may fluctuate over time, and these figures are only an estimate based on available information.