BHB ‘TradeQuest’ winners awarded BD30,000 in cash
Manama : A total of BD30,000 in cash was rewarded to the winners of the TradeQuest programme conducted by Bahrain Bourse (BHB) this year.
The programme, one of the biggest awareness events targeting students in the region, was held in three segments for private schools, Government schools and Universities.
The 2017-2018 edition of the programme included a total of 17 school teams and four universities, including eight private schools.
Ibn Khuldoon National School emerged victorious in the private school section by winning a cash prize of BD5000. Closely following was St. Christopher’s School (BD 3000) in second place and Al Noor International School (BD 2000) in the third spot.
In the Government school section, first place was won by Saar Secondary Girls School (BD 5000). Al Istiqlal Secondary Girls School (BD 3000) came second and Jidhafs Secondary Girls School (BD 2000) grabbed the third position. In the University segment, University of Bahrain (BD 5000) grabbed the top spot. Royal University for Women (BD 3000) and BIBF (BD 2000) took the second and third places, respectively.
Rasheed Al Maraj, Governor of the Central Bank of Bahrain presented Bahrain Bourse’s trophy and awards to the top three finalists at the event held under the patronage of Zayed bin Rashid Alzayani, the Minister of Industry, Commerce, & Tourism. Abdulkareem Ahmed Bucheery Chairman of Bahrain Bourse was present.
Shaikh Khalifa bin Ebrahim Al Khalifa, the Chief Executive Officer of Bahrain Bourse, said, “We are pleased to celebrate today the 20th Anniversary of the TradeQuest Programme.”
“We are also proud that we have expanded the programme to include a larger number of government schools, private schools, and universities, making the TradeQuest Programme one of the biggest awareness programs targeting students in the region,” he added.
What is TradeQuest?
TradeQuest is a simulated business-education partnership programme which provides participating students a real-life simulation experience of capital market investment by learning the systems and regulations implemented at both Bahrain Bourse and NYSE, analyzing and selecting which shares to invest in, and managing a portfolio of shares.
The process
Competing teams from each category are allocated a virtual portfolio of BD 500,000 and US$4 million to invest in companies listed at Bahrain Bourse and New York Stock Exchange (NYSE). The teams were closely mentored by a professional Investment Advisor to guide them throughout the programme tenure.
Assessment
Towards the end of each of the three trading periods of the TradeQuest programme, the schools are required to present their strategy, objectives, and performance to the Investment Review Committee, followed by a Q&A session led by the committee. Their assessment is based on the accuracy of information, thoroughness of analysis & research, and teamwork effort. Final scoring is based on an assessment of qualitative & quantitative elements.
Winners
Private Schools:
♣1st Place – Ibn Khuldoon National School (BD 5000),
♣2nd Place – St. Christopher’s School (BD 3000),
♣3rd Place – Al Noor International School (BD 2000)
Government Schools:
♣1st place - Saar Secondary Girls School (BD 5000),
♣2nd Place - Al Istiqlal Secondary Girls School (BD 3000),
♣3rd Place – Jidhafs Secondary Girls School (BD 2000)
Universities:
♣1st place - University of Bahrain (BD 5000),
♣2nd Place - Royal University for Women (BD 3000),
♣3rd Place – BIBF (BD 2000)
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