Recognia announced today the results of an international research survey asking 500 participants who buy and sell financial instruments online about engagement level with their self-direct broker, how they conduct research and their opinions on trading trends.
One of the many noteworthy results indicates an increased interest in market participation, which can have a positive effect on the global economy. Recognia found that 61 percent of survey respondents from all countries intend to increase their level of participation in the markets within the next six months.
“While the economies in many countries are somewhat improving, the uncertainty is still very strong and the market volatility demonstrates continued concerns,” said VP of Client Services Peter Ashton. “These results show an very impressive number of self-directed investors are optimistic about the markets and this is very encouraging.”
With the majority of respondents coming from North America and the Asian Pacific regions, Recognia found differences in trading preferences between India-based respondents to North America-based respondents. Accordingly, 54 percent of Indian respondents indicated that technical analysis gives them the most confidence when making decisions to buy and sell financial instruments, whereas only 22 percent of North Americans felt that technical analysis gives them the most confidence in their buy and sell decisions.
The survey also found that Indian respondents had fewer years of experience in buying or selling financial instruments compared to North American respondents.
“The results from this Recognia survey helped us to better understand self-directed investors’ research preferences and trading behavior, and will assist us in shaping the products and services we develop in the future for our clients,” said Recognia Vice President of Client Services Peter Ashton.
More detailed results are available on www.recognianews.com