Reports The Use of Spreadsheets in Commodity Trading | Page 5

The Use of Spreadsheets in Commodity Trading – 2015 5 SUMMARY OF RESULTS Survey and Responses The survey was conducted via an on-line questionnaire and was available to potential respondents between 9/11/2014 and 14/12/2014. ComTech used a variety of methods to solicit responses, including // Email requests to a variety of internal ComTech distribution lists including our newsletter subscribers and a number of agricultural trading and other lists acquired specifically for the purpose, // Requests posted on CTRMCenter, // Requests posted on various social media sites such as LinkedIn.com and others. Additionally, a small incentive was also offered to all qualified respondents in order to encourage a greater participation level in the survey. In the end, a total of 133 responses were collected however, only 50 (38%) of these were accompanied by a valid email address and other identifying data. Given that we offered an incentive, and that in order to qualify for the incentive, a valid email address was required, this low number of readily identifiable respondents was surprising and was, in of itself, an interesting statistic. Of the 133 total responses, some 38 (29%) were incompletely answered and were therefore also discarded from further analysis. As a result, two datasets were used to perform this analysis. The first is the core database of 50 valid and identifiable responses; and for much of the report, this is the dataset that was utilized. However, the broader dataset of 95 responses was also referenced when it was felt that the non-identified responses might add to, or clarify, the overall results. At all times in our analysis below, we identify when this occurs. © Commodity Technology Advisory LLC, 2015, All Rights Reserved.