Factors Influencing the Adoption of Online Trading: A Study of Individual Investors.

Singh, Apar; Malhotra, Meenakshi

doi:10.9790/487x-1810022126

Cited by 13 publications

(15 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…He also found that after the operation of online stock trading, the depository systems had also reduced the lag in delivery and settlement of securities which ultimately benefited in improving market liquidity. Singh and Malhotra (2016) found that among the demographic factors like homeownership, income, trading experience and occupation did not affect the adoption of online trading but marital status, age, gender, education, type of trade and trading frequency affected the adoption of online trading. Similarly, perceived benefit and perceived risk have no direct impact on the adoption of online trading.…”

Section: Review Of Literaturementioning

confidence: 92%

Opinions of Investors on Nepal Stock Exchange Limited (NEPSE) Online Trading System

Vaidya

2021

Prithvi Acad. J.

View full text Add to dashboard Cite

Nepal Stock Exchange Limited (NEPSE) is only a secondary market in Nepal. After almost three decades of its establishment, the NEPSE trading system turned fully automated on January 17, 2021. The new system is named NEPSE Online Trading System (NOTS), which was launched on November 6, 2018. After the breakout of the COVID-19, the NOTS users using NEPSE online Trade Management System (TMS) and Uniform Resource Locator (URL) increased due to the nation-wide lockdown as well as the compulsion from the governing body. Hence, the paper attempts to get opinions from the NOTS users about its features and performance. The paper has taken 300 NOTS users as samples for the survey purpose. The online survey was conducted for the study. A 5–points Likert scale-based questionnaire was forwarded to the potential online traders (investors) through an online platform such as messenger and email. The study has followed descriptive statistics and a one-sample t-test to interpret the collected data from the NOTS users. The study found that there is an issue of the market data display in the NOTS platform, which needs to be addressed as soon as possible. At the same time, the respondents stated that the best parts of NOTS were that it has helped them to specify and customize the securities, price, and volume that one would like to trade on a real-time basis.

show abstract

Section: Review Of Literaturementioning

confidence: 92%

Opinions of Investors on Nepal Stock Exchange Limited (NEPSE) Online Trading System

Vaidya

2021

Prithvi Acad. J.

View full text Add to dashboard Cite

show abstract

“…The application of PE in online stock trading will find online stock trading very useful and productive because it enables them to complete their stock trading practices more quickly and flexibly, and even helps them trade more efficiently. Numerous research in this context have suggested that e advantages and perceived usefulness are main drivers that significantly influence the BI in adopting online stock trading [22,30,1,31,24]. It is well known that these two factors constitute the determinant of PE.…”

Section: Fig 1 Unified Theory Of Acceptance and Use Of Technology (Utaut)mentioning

confidence: 99%

“…More specifically, EE refers to the ease of use and difficulty associated with online stock trading. Notably, many previous empirical studies have supported factors such as ease of use, perceived ease of use and complexity as an important factor in determining the behavioral intention of stock investors in adopting online stock trading [33,34,22,31,30,1]. The key explanation is that stock investors feel that it is not difficult at all to learn and use internet stock trading, thereby growing their intention to use online stock trading.…”

Section: Of Acceptance and Use Of Technology (Utaut)mentioning

confidence: 99%

“…As internet technology continues to bring breakthrough innovations, this has prompted to rapid changes in the way business is conducted [1]. Such technological innovations penetrate products, services or processes, which not only bring significant business benefits to enterprises, but also make great contributions to the human's daily life [2][3].…”

Section: Introductionmentioning

confidence: 99%

“…For instance, Internet banking or online payment systems is one of the current trends. In investment one of the greater contributions of Internet innovation to financial services was the introduction of online stock trading, an alternative to traditional approach, a new way of investing and trading in the money market and capital market [15,16,1]. Online stock trading is also considered to be a high-margin financial services sector and one of the best fields for e-commerce adoption [17,18].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Determinants of Online Stock Investment in Malaysia: A Case in Early Phase of COVID-19 Pandemic

Yong-Da

Teng-Tenk

Lee

2021

SAJSSE

View full text Add to dashboard Cite

The purpose of this research is to determine the factors that affect the behavioral intention of Malaysians individuals to adopt online stock trading. The primary data is collected with the help of structured questionnaire from 285 participants in the study who are current or potential investors in the Malaysian stock market. The online surveys were distributed from the last quarter of 2019 to the first quarter of 2020. This study uses the structured and self-administered online questionnaire survey tool to collect the primary data from samples. Non-probability convenient sampling method was employed and Partial Least Squares Structural Equation Model (PLS-SEM) is adopted. The results indicate that all constructs, namely performance expectancy (PE), effort expectancy (EE), social influence (SI) and facilitating conditions (FC) have a direct significant positive relationship toward behavioral intention. In addition, the study shows that PE is the most important factor in determining individuals’ behavioral intention in adopting online stock trading. In conclusion, online stock trading system developer should focus on designing the additional useful features and ensuring the quality of the information to satisfy the demands and desires of the general public and to build features such as prompting traders to avoid the possibility of over trading or with feature enabling users to backtrack and test their trading strategies and to customize different types of analysis to help users making informed investment decisions.

show abstract

Assessment of users' adoption behaviour for stock market investment through online applications

Johri,

Wasiq,

Kaur

et al. 2023

Heliyon

View full text Add to dashboard Cite

Factors Influencing the Adoption of Online Trading: A Study of Individual Investors.

Cited by 13 publications

References 5 publications

Opinions of Investors on Nepal Stock Exchange Limited (NEPSE) Online Trading System

Opinions of Investors on Nepal Stock Exchange Limited (NEPSE) Online Trading System

The Determinants of Online Stock Investment in Malaysia: A Case in Early Phase of COVID-19 Pandemic

Assessment of users' adoption behaviour for stock market investment through online applications

Contact Info

Product

Resources

About