Questrade announces the winners of JA Central Ontario
TORONTO, Dec. 19 2019 (GLOBE NEWSWIRE) – Questrade (www.questrade.com) – Canada’s Fastest Growing Online Brokerage – is proud to announce MEK team from 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 to 12 about investing, arming them with knowledge of the stock market and its relationship to the economy, and helping them to make decisions about investing. sound financial decisions to ultimately succeed at work and in life. . The national mock online competition saw the participation of 3,661 students from 141 classrooms in more than 70 schools in central Ontario alone. As a sponsor, Questrade asked 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 led 1,088 teams in Ontario. MEK team also ranked second in the general classification of the national competition, composed of 2398 teams.
“We are again delighted to partner with JA Central Ontario to sponsor another of their core programs,” said Edward Kholodenko, President and CEO of Questrade. “Collectively, we invest in our youth 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 – fought to create effective stock portfolios and trade with a $ 100,000 simulation in the markets in real time to develop their skills during the game. . MEK team finished with a winning total of $ 198,692.00. In addition to the hands-on experience and knowledge gained, the winning students each received a contribution of $ 2,000 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 to Questrade for their support in providing this essential program for students,” added Jane Eisbrenner, President and CEO of JA Central Ontario. “Together, we are creating the next generation of investors and nurturing the competence and need for 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 is closely linked to theirs: to empower 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 and blended learning in entrepreneurship, financial literacy and work preparation, JA empowers young people to develop their entrepreneurial ideas, hone their professional skills, manage their income and ensure a better life. for themselves, their families and their communities. Since 1968, schools in central Ontario have relied on JA to prepare young people for success in an ever-changing global economy. In the 2018-2019 school year, more than 57,000 students benefited from JA Center Ontario’s programs, each offered free of charge by volunteers from local business communities, combining their real-life experience with innovative content of the JA program. JA is the important link between education and the business world that so many students need today. JA programs effectively expand the scope of possibilities 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.
Questrade (www.questrade.com) is Canada’s fastest growing online brokerage firm transforming the Canadian financial services industry by leveraging technology to lower fees and providing a viable alternative to traditional financial investment options, enabling thus to Canadians to “keep more of their money”. As a leader and innovator in financial services, Questrade is a trusted ally who advocates for consumers, focused on improving value. Canada’s # 1 ranked online broker (MoneySense 2019) has been challenging the status quo for 20 years. With more than $ 9 billion in assets and more than 50,000 accounts opened each year, Questrade and its companies provide financial products and services: securities, currency investments and online wealth management. For more information visit www.questrade.com, or follow us 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 securities dealer, a member of the Investment Industry Regulatory Organization of Canada Securities (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), the benefits of which 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 at 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