French savers are returning to the markets. They have been more than 750,000 on average each quarter to place an order on the stock market since the operation of the Française des Jeux, a jump of more than 50% compared to the two previous years, according to the AMF dashboard.
It is not yet a national sport but the Stock Exchange is more and more popular with the French. In two years, more than 800,000 of them have taken their first steps there. And a total of 1.344 million stock marketers intervened on the market in 2020, revealed the Autorité des marchés financiers (AMF) in its first “Dashboard of active individual investors”.
The dynamic is strong: they have been more than 750,000 on average each quarter to place an order on the stock market since the introduction of the Française des Jeux at the end of 2019, a jump of more than 50% compared to the two previous years. The AMF data does not go back any further: the financial market policeman has been collecting transaction reports since the start of 2018 and the entry into force of MiFID 2.