Bahrain Bourse Kicks-off 2021-2022 TradeQuest Challenge in its 23rd Edition

Tuesday, November 16, 2021
Bahrain Bourse (BHB), a self-regulated multi-asset marketplace, has officially announced the kick-off of the 23rd edition of the TradeQuest Challenge for high school and university students for the academic year 2021-2022. The kick-off meeting was held virtually, where all participating students and teams’ school and university advisors attended the event along with the investment advisors who will monitor and coach the teams throughout the program.
 
Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse commented on the occasion, “It gives us great pleasure to kick-off this year’s TradeQuest Challenge in its 23rd Edition, which promotes financial awareness and investor education to Bahrain’s students through key realistic learning experiences.  We are seeing increased interest in the program year after year, and we are glad to continue the program virtually despite the challenges of the current situation.”
 
“Bahrain Bourse has been committed to equipping the Kingdom’s young generation with the skills needed to ensure financial and investment awareness through initiatives such as TradeQuest as well as the Smart Investor program. Such programs are a great testament to the value we believe our youngsters bring to Bahrain’s long-term financial wellbeing.”
 
This year, Bahrain Bourse is very grateful to the following institutions for sponsoring TradeQuest in order to increase student investment awareness: Platinum Sponsors include: Ahli United Bank, Bank ABC, Khaleeji Commercial Bank, and National Bank of Bahrain. Gold Sponsors include: Ithmaar Holding and SICO BSC (c).  Silver Sponsors include: Aluminium Bahrain B.S.C. (Alba), BBK, Gulf International Bank (GIB), Kuwait Finance House (KFH), and United Gulf Bank, and the Knowledge Partner:  the Bahrain Institute of Banking & Finance (BIBF).
 
The 2021-2022 TradeQuest program includes a total of 22 school teams, including 12 private schools and they are: Abdul Rahman Kanoo International School, Ahlia School, Bahrain Bayan School, British School of Bahrain, Britus International School, Al-Hekma International School, Ibn Khuldoon National School, Naseem International School, New Millennium School, Al Noor International School, St. Christopher's School, Al Wisam School, and 10 Government Schools and they are: Ahmed Al Omran Secondary Boys School, Al Istiqlal Secondary Girls School, Ghazi Al-Gosaibi Secondary Girls School, Jidhafs Secondary Girls School, Muharraq Secondary Boys School, Al Noor Secondary Girls School, Omaima bint Al Noaman Secondary Girls School, Saar Secondary Girls School, Al Tadhamon Secondary Girls School, West Riffa Secondary Girls School.
 
In addition, a total of 7 universities are taking part in the program this year and they are: Arab Open University, Applied Science University, Bahrain Polytechnic, the Bahrain Institute of Banking & Finance (BIBF), British University of Bahrain, University of Bahrain, and University of Technology Bahrain.
 
TradeQuest is a simulated business-education program that focuses on investment trading in world financial markets, which debuted in the Kingdom of Bahrain in 1997 in collaboration with financial institutions and educational parties. The program has been highly supported by various banks and financial institutions over the years. The program is held over a duration of five months and is divided into three developmental stages. The top 3 finalists in each category (a total of 9 finalist teams) receive cash rewards totaling BD 30,000.
 
TradeQuest seeks to stimulate relevant learning through practical experience by learning financial market rules and regulations, analyzing and selecting shares, and managing a portfolio of investment instruments listed at New York Stock Exchange (NYSE) and Bahrain Bourse.
 
The program consists of three trading periods where the teams are required to present their strategy, objectives, and performance to the Investment Review Committee at the end of each trading period.