BHB allocates BD10,000 for TradeQuest winners

Manama  : Starting next year, winning teams of the ‘TradeQuest Challenge’ organised by Bahrain Bourse  (BHB) would receive BD10,000, it was announced yesterday. 

Minister of Industry, Commerce & Tourism and Minister in Charge of Bahrain Bourse Zayed bin Rashid Alzayani said this while honouring the students who took part in this year’s edition of the programme. Around 80 students were honoured during the ceremony held in the presence of CBB Governor, Rasheed Al Maraj. 

TradeQuest is a simulated business-education partnership programme that focuses on investment trading in world financial markets. 

Explaining, Alzayani said the winning team would receive BD5,000. Second place winner would get BD3,000 and BD2,000 for the third place winner. The TradeQuest 2015/2016 programme included 10 school teams.

In this year’s edition, St. Christopher’s School received the award for first place overall winner and Bahrain Bourse’s Trophy. Ibn Khuldoon National School came at second place, followed by Abdulrahman Kanoo International School in third place.

Naseem International School was awarded the certificate for “Best Financial Performance” and “Highest Return” at New York Stock Exchange (NYSE). Al Wisam International School was awarded the certificate for the “Lowest Volatility” at NYSE. St. Christopher’s School received the certificate for the “Lowest Volatility” at Bahrain Bourse. Ibn Khuldoon National School achieved the “Best Financial Performance” certificate at Bahrain Bourse, and Al Noor Secondary Girls School won the “Highest Return” certificate at Bahrain Bourse.  Naseem International School won the “Best Overall Financial Performance” certificate, while Abdulrahman Kanoo International School was awarded with the “Best Presentation” certificate. 

Commenting on the programme,” Alzayani said, “I personally believe that the TradeQuest programme is a unique and aspiring experience for the students that took part in it, as well as the investment advisors and school advisors, especially that most of those who participated in the programme in the past have taken leading roles in many institutions today.”

The Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa Bin Ebrahim Al Khalifa assured, “We are looking forward to increase the cooperation and collaboration with various parties in order to launch more initiatives that aim at introducing saving and investment concepts to students in a way that will contribute to increasing their awareness of the role of institutions and other parties related to the economy of the Kingdom of Bahrain.”