Montréal – The winners of the Bourstad competition were announced at a ceremony held recently in the auditorium of the Montréal Exchange. The Autorité des marchés financiers (AMF), a proud partner in this stock market competition, awarded two prizes of $1000 and two prizes of $500.
The Bourstad competition is a skilful simulation of stock market trading in which participants, each with $100,000 in capital at the outset, seek to maximize their returns through a minimum number of transactions over an eight-week period. The securities in which they invest are not fictitious but are actual shares and options with fluctuating prices.
The two winners of the $1000 prize are:
Marie-Ève Brunet from Lanaudière CEGEP in Terrebonne, who managed to boost her initial capital to a whopping $259,466! This was the top financial performance for a diversified portfolio at the college and university level.
Marc-André Guertin was no. 1 in the general public category. Mr. Guertin’s fictitious portfolio closed with an impressive $242,398 in value.
“AMF’s participation in the Bourstad competition, which brings together students, parents, teachers and members of the general public, reflects our commitment to learning and training activities related to finance and investments,” said AMF President and CEO Jean St-Gelais.
The AMF congratulates all who took part in the competition.
The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.
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