Bucharest Stock Exchange (BVB) together with the Rotary International District 2241 Romania and the Republic of Moldova started the virtual trading competition Invest Quest. The competition is part of a broader project developed by the two institutions for promoting education in areas such as the economy, financial investments and entrepreneurship through training programs addressed mainly for the young people.
The virtual trading competition Invest Quest runs between April 5th and May 31st (8 weeks), with the participants able to register and open the demo trading account at any point in time on iq.arenaxt.ro. After registering, each contestant will receive RON 20,000 virtual money for trading the most liquid shares listed on BVB, that are included in the BET-XT index. At the end of the competition, the participant who will register the highest return on the portfolio will win a prize of RON 5,000, offered by the Rotary Club.
"Improving the financial literacy level in Romania remains one of Bucharest Stock Exchange’s main objectives. In all our actions dedicated to individual investors, we promote responsible investments and the Romanian capital markets. The virtual trading competition gives to participants that never traded on the stock market a taste of what investing and trading is really about," stated Lucian Anghel, BVB President.
The virtual trading competition is open to the general public and there is only one requirement that apart from trading, that the contestants have to attend at least 2 out of the 5 seminars that are part of the Invest Quest project. The first three modules already took place and were attended overall by more than 150 persons. The two remaining modules will take place in the coming weeks and persons interested can still book their seats at the below-specified links:
- Module 4: How do you write success stories on the Bucharest Stock Exchange? taking place on April 19th at 19:00 - book here
- Module 5: How to sell your idea and how to plan for the future? taking place on April 26th at 19:00 - book here
Invest Quest seminars are free of charge and open to all, following the Rotary’s motto ‘service above self’ through which the Rotarians support and offer to the society cultural, social and medical initiatives.
"I am very happy to see there is a genuine interest in this program. In addition to the information on the topic of capital markets delivered by the speakers, participants also have the opportunity to enter a competition in the trading arena. By combining theory with practice, we believe people will be better prepared to grasp such elements of the economy," stated Mircea Solovastru, Governor, Rotary International District 2241 Romania and the Republic of Moldova.
"There is no better way of learning than by doing. The educational modules that are part of Invest Quest are an important tool for both future and current investors since they offer valuable information for building an investment strategy. In this way Bucharest Stock Exchange not only takes care of the financial education but also develops financial and investment skills, a financial proficiency," said Ludwik Sobolewski, BVB CEO.
The Invest Quest project is part of the partnership signed by Rotary International District 2241 Romania and the Republic of Moldova and the Bucharest Stock Exchange. Throughout 2017, Bucharest Stock Exchange will organize a series of educational seminars and gatherings together with the Rotary Club during which it present its activity, projects and programs to the Rotary Club members.