Questrade Announces JA Central Ontario Winners
TORONTO, Dec. 19 2019 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) – Canada’s fastest growing online brokerage company – is proud to announce MEK Team of John Cabot Catholic High School in Mississauga, Ontario as the winner of the Investment Strategies Program (ISP) Interactive Learning Competition hosted by JA Central Ontario for Financial Literacy Month. The goal of this unique six-week initiative was to educate students in grades 9 through 12 about investing, arm them with knowledge about the stock market and its relationship to the economy, and help them make wise financial decisions to succeed at work and in life. . The National Mock Online Competition saw 3,661 students participate from 141 classes in more than 70 schools in central Ontario alone. As a sponsor, Questrade sent 17 volunteers to visit nearly 15 classrooms for hands-on learning and activities. MEK Team consisted of Grade 12 students Maksym Kostiw, Emilia Koc and Karla Cubias, who topped 1,088 teams in Ontario. MEK Team also ranked second overall in the domestic competition, consisting of 2,398 teams.
“We are again thrilled to partner with JA Central Ontario to sponsor another of their vital programs,” said Questrade President and CEO Edward Kholodenko. “Collectively, we invest in our young people and we firmly believe that there is no better investment than the one we make in each other.
Each team – made up of three students with a unique company name – competed to create effective stock portfolios and trade with a fake $100,000 in real-time markets to develop their skills during the game. MEK Team finished with the winning total of $198,692.00. In addition to the real-life experience and knowledge gained, the winning students each received a $2,000 contribution to a Questrade TFSA account. Questrade presented the winners with their prizes at a reception held at the school on December 18.
“We are very grateful for Questrade’s support in delivering this essential program for students,” added Jane Eisbrenner, President and CEO, JA Central Ontario. “Together, we are creating the next generation of investors and igniting the skill and need of young people to realize the power of investing.”
Mr. Kholodenko continued, “Our support for JA and its programs is an important part of what we believe in. Our mission closely aligns with theirs: to enable Canadians to make informed investment decisions for financial success. We are honored to continue our growing partnership.
About JA Central Ontario
JA Central Ontario is a member of JA Canada and part of JA Worldwide (JA), the world’s largest non-profit organization dedicated to educating young people about business. Through the delivery of hands-on, blended learning in entrepreneurship, financial literacy and work readiness, JA empowers young people to develop their entrepreneurial ideas, hone their job skills, manage their income and secure a better life. for themselves, their families and their communities. . Since 1968, schools in central Ontario have relied on JA to prepare young people to succeed in an ever-changing global economy. During the 2018-2019 school year, more than 57,000 students benefited from JA Central Ontario programs, each provided free of charge by volunteers from local business communities, combining their real-life experience with innovative program content. already. JA is the important link between education and the business world that so many students need today. JA programs effectively expand the scope of opportunities for young people, giving them the confidence and skills they need to become the next generation of business and community leaders. JA Central Ontario is responsible for the geographic area bounded by Barrie, Bowmanville and Burlington. Visit www.jacentralontario.org for more information.
About Questrade
Questrade (www.questrade.com) is Canada’s fastest growing online brokerage, transforming the Canadian financial services industry by leveraging technology to lower fees and providing a viable alternative to traditional financial investment options, enabling allowing Canadians to “keep more of their money”. As a leader and innovator in financial services, Questrade is a trusted ally that champions consumer interests and is focused on enhancing value. Canada’s #1 online broker (MoneySense 2019) has been challenging the status quo for 20 years. With over $9 billion in assets and more than 50,000 accounts opened each year, Questrade and its companies offer financial products and services: securities, foreign exchange investments and online wealth management. For more information, visit www.questrade.com, or follow on Facebook and Twitter @Questrade.
Questrade Wealth Management Inc. (QWM) and Questrade, Inc. are wholly owned subsidiaries of Questrade Financial Group Inc. Questrade, Inc. is a registered investment dealer, member of the Investment Industry Regulatory Organization of Canada ( IIROC) and member of the Canadian Investor Protection Fund (CIPF), whose benefits are limited to activities undertaken by Questrade, Inc. QWM is not a member of IIROC or CIPF. Questrade Wealth Management Inc. is a registered portfolio manager, investment fund manager and exempt market dealer. Questwealth Portfolios is a service provided by Questrade Wealth Management Inc. ©2019 Questrade Financial Group Inc.
For more information, visuals, or to arrange an interview with Questrade or JA Central Ontario, contact Susan Willemsen or Ruth Colapinto of The Siren Group Inc. Tel. : 416-461-5270. E-mail: [email protected] Where [email protected]. Visit www.thesirengroup.com Where Twitter, Facebook and Instagram @thesirengroup.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39bd521a-702c-4251-8718-98688fff1b65