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Online_Stock_Trading_Survey



Online Stock Trading Survey



This survey is related to your experience in online stock trading. For each statement, please show the extent to which your experience has the feature described in the statement.

The questionnaire should take no longer than 10 minutes to complete. All survey responses are voluntary and ANONYMOUS.

Click "Next" to get started with the survey. If you'd like to leave the survey at any time, just click "Exit this survey". Your answers will be saved.

Copyright @ 2007.

(Duration: 5-10 minutes)



Each of the following questions will be displayed:




  • Multiple Choice Question Formats

  • or Matrix Questions (Semantic Differential, Likert Scale)






Approximately how many online trades did you make last year (2006) ?
With which company do you have your PRIMARY online trading account?
* With which companies do you have your SECONDARY online trading accounts?

The next series of questions is primarily for classification purposes and will help us properly analyze responses to this survey. We never disclose the identity of any individual. Your answers will always be kept strictly confidential. We only report results for groups of people, not for individuals.
When it comes to your overall (both online and offline) investing and investment planning, which approach do you prefer the most?
What is your age?
What is your education level?
Please select your gender
How long have you been trading online?
Which income category best described your total 2006 household income?

The next series of questions are related to physical and relational contexts in your primary trading account site. We never disclose the identity of any individual. Your answers will always be kept strictly confidential. We only report results for groups of people, not for individuals.
When using your PRIMARY account site, have you called or otherwise communicated with a service representative from the organization sponsoring the site (e.g. online chat, email, webmail)?

How do you like the service provided by the representative of your PRIMARY account site? (Please rate the degree to which you agree or disagree with the following statements)
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
The service representative is courteous
The service representative is knowledgeable
The service representative is responsive
The service representative solves questions, problems, or concerns in a timely fashion The service representative is easy to reach
The service representative is easy to reach

In terms of trading on your PRIMARY account site, please rate the degree to which you agree or disagree with the following statements
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
The site confirms an order shortly after it is placed
It is easy to trade on the website
The site processes trades at quote indicated when order placed


In terms of the performance of your PRIMARY account site, please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
The site has adequate security features
The site responds to my requests quickly
The site is easy to navigate
The site is always reliable
The site is always available
The site has a friendly interface
The site provides online portfolio management and monitoring tools

In terms of the information provided by your PRIMARY account site, please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
The website provides real-time quotes
The directions for placing order are clear
The site provides comprehensive information
The information on the site is accurate

How would you rate the product offerings on your PRIMARY account site? Please rate the degree to which you agree or disagree with the following statements
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
Cash balance in my account earns interests
The site only provides limited selection of products
The site lets me borrow money at a reasonable rate
The site allows me to trade on a wide range of products
The site provides comprehensive research tools

How would you rate the commissions and fees charged by your PRIMARY account site? Please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
N/A
The commission fees are fair
The money management fees are reasonable
The account maintenance fees are reasonable

How would you rate the account service on your PRIMARY account site? Please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
The account communicates new products and services effectively
The account provides a variety of investment options (e.g. automatic investment plans vs. real-time trades)
The account statements are accurate
The account allows me to update my orders quickly
It is easy to monitor my stocks' performance through my account
It is easy to set up a new account

The next series of questions help us understand your trading experience on your primary account site. We never disclose the identity of any individual. Your answers will always be kept strictly confidential. We only report results for groups of people, not for individuals.

Please rate the degree to which you agree or disagree with the following statements concerning the challenges in trading on your PRIMARY account site.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
Using the trading service on the site provides a good test of my skills
I find using the trading service stretches my capabilities to my limit
The service challenges me a lot compared to other things I do on PC
Using the trading service on the site challenges me
The service challenges me a lot compared to offline stock trading

Please rate the degree to which you agree or disagree with the following statements on your skill level at trading on your PRIMARY account site.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
I am more skillful at using the service, compared to other things I do on PC
I consider myself knowledgeable about trading on the site
I am extremely skillful at using the trading service on the site
I know how to find what I am looking for on the site

Please rate the degree to which you agree or disagree with the following statements on your interaction with your PRIMARY account site.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
There is very little waiting time between my actions and the site's responses
Interacting with the site is slow and tedious
Pages on the site usually load quickly
Interacting with the site is fast and interesting

Please rate the degree to which you agree or disagree with the following statements on your control over the trading process on your PRIMARY account site.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
When I use the service, I always know what to expect in each step
I always know how long it will take to complete the transaction process
I feel like I can not control the order in which I complete the trading process
I know what information will be provided on each Web page
While trading on the site, I am controlling the process

* Please rate the degree to which you agree or disagree with the following statements on your attention while trading on the site.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
While using the trading service on my PRIMARY account site, I am concentrated fully
While using the trading service on my PRIMARY account site, I am completely absorbed in what I am doing
While using the trading service on my PRIMARY account site, I tend to lose track of time
While using the trading service on my PRIMARY account site, my attention is totally focused
While using the trading service on my PRIMARY account site, time seems to go by quickly

Are you satisfied with the online stock trading service provided by your PRIMARY account site? Please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
I am sure it was the right thing to trade stocks on the site
I have truly enjoyed trading stocks on the site
If I had to trade stocks again, I would use the same site
I am satisfied with my decision to use this site
I am happy that I traded stocks at this site

Will you be a loyal customer to your PRIMARY accounr site? Please rate the degree to which you agree or disagree with the following statements.
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
I will do business with the site again in the future
Overall, the quality on the site is high
I encourage friends and relatives to do business with the site
I consider the site to be my first choice for online stock trading
Overall, I am satisfied with the trades I made on the site
I say positive things about the site to other people

The word "flow" is used to describe a state of mind sometimes experienced by people who are deeply involved in some activity. One example of flow is the case where a professional athlete is playing exceptionally well and achieves a state of mind where nothing else matters but the game; he or she is completely and totally immersed in it. The experience is not exclusive to athletics: Many people report this state of mind when playing games, engaging in hobbies, or working.


Activities that lead to flow completely captivate a person for some period of time. When one is in flow, time may seem to stand still, and nothing else seems to matter. Flow may not last for a long time on any particular occasion, but it may come and go over time. Flow has been described as an intrinsically enjoyable experience.


Thinking about your own use of the trading service on your primary site:

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Most of the time I use the site I feel that I am in flow.
Do you think you have ever experienced flow on the site?

All the time
Most time
Some time
Very rare
Never
In general, how frequently would you say you have experienced "flow" when you use the site?

Thank you for your answers so far. We hope that you found the exercise interesting and insightful. You are almost done.
This section contains various questions related to your views/opinions related to technology. Your answers to this section will conclude this survey.
Using the scale below, how much do you agree or disagree with the following statements?
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
N/A
I do not feel confident doing business with a place that can only be reached online.
New technology is often too complicated to be useful.
I do not consider it safe giving out credit card information over a computer.
In general, I am among the first in my circle of friends to acquire new technology when it appears.
I like the idea of doing business via computers because I am not limited to regular business hours.
I can usually figure out new hi-tech products & services without help from others.
If I provide information to a machine or over the internet, I can never be sure if it really gets to the right place.
Technology makes me more efficient in my occupation
When I get technical support from a provider of a high-tech product or service, I sometimes feel as if I am being taken advantage of by someone who knows more than I do.
Technology gives people more control over their daily lives.
I enjoyed filling out this survey


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