Manama, November 9 (BNA) The Bahrain Bourse (BHB), a self-regulating multi-asset market, announced the launch of the 24th edition of TradeQuest for high school and university students for the 2022-2023 academic year. The program aims to stimulate relevant learning through practical experience by absorbing the rules and regulations applicable in the financial markets, analyzing and selecting stocks, and managing a portfolio of investment instruments listed on the New York Stock Exchange (NYSE) and Bahrain Stock Exchange.
The launch of the 24th session was attended by the participating students, along with representatives of schools and universities, as well as investment advisors who will guide and train the students during the program. After a rigorous six-month training and mentoring period, the top 3 finalists from each category, representing a total of 9 teams, will be awarded cash rewards totaling BD30,000.
The TradeQuest 2022-2023 program includes a total of 27 participating teams divided into 10 private schools, 10 public schools and 7 universities.
Private school teams include Abdul Rahman Kanoo International School, Bahrain Bayan School, The British School of Bahrain, Al Hikma International School, Ibn Khaldoun National School, Al Naseem International School, New Millennium School, Al Noor International School, St Christopher’s School and Al. Medal School. Public school teams include u. Abdullah bin Isa Al Khalifa Industrial Secondary School for Boys, Ahmed Al-Omran Secondary School for Boys, Ghazi Al-Qusaibi Secondary School for Girls, Al-Hidd Secondary School for Girls, Al-Marefa Secondary School for Girls, St. Moza bint Hamad Al Khalifa Comprehensive School for Girls, Al Noor Secondary School for Girls, Saar Secondary School for Girls, Sitra Secondary School for Girls, Al Taawun Secondary School for Boys. For the first time, the program is witnessing participation from state technical and vocational schools.
University teams include Ahlia University, American University of Bahrain, Bahrain Polytechnic, Bahrain Institute of Banking and Finance (BIBF), British University in Bahrain, University of Bahrain and University of Bahrain Technology.
Shaikh Khalifa bin Ibrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, stated that “Bahrain Bourse is leading a number of pioneering programs that focus on financial education and aim to achieve Goal 10 of the Sustainable Development Goals, and are in line with our framework on environment, society and governance under the Element” Social “Ensuring an adequate contribution to “community investment and financial literacy”. Financial literacy has been identified as part of the materiality matrix topics under the ESG, and thus great emphasis and emphasis is placed on the full range of financial literacy programmes, of which TradeQuest is our flagship” .
st. Khalifa added: “The Trade Quest program complements the offerings of other financial education programs including the Smart Investor Program, the Investment Academy, and the Capital Markets Professional Training Program, underlining our commitment to financial literacy. In addition, the full range of programs also complements the global. The initiatives in which Bahrain Bourse participates, including the annual World Federation of Exchanges initiative “Ringing the Bell for Financial Culture”.
The strategic sponsors are the Labor Fund (Tamkeen) and the Khaleeji Commercial Bank. Platinum sponsors include Ahli United Bank, Bank ABC and National Bank of Bahrain. The golden sponsors of the program are Ithmaar Holding Company and SICO BSC. Silver sponsors include Aluminum Bahrain B.S.C. (Alba), BBK, Gulf International Bank (GIB), Kuwait Finance House-Bahrain, United Gulf Bank, and knowledge partner, Bahrain Institute of Banking and Finance (BIBF).
TradeQuest is a business-to-education partnership program focused on commercial investment in the global financial markets, which was first launched in the Kingdom of Bahrain in 1997 in cooperation with financial institutions and educational entities. The program has been greatly supported by many banks and financial institutions over the past years. The program takes place over a period of six months and includes three progressive phases. The program consists of three trading periods where teams are asked to present their strategy, objectives and performance to the Investment Review Committee at the end of each trading period. During the program, participants attend a practical workshop on the mechanism of trading in the stock markets, which will be held in the trading room of the Bahrain Institute of Banking and Financial Studies.
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