Questrade named one of Canada's Best Managed Companies

TORONTO, Feb. 26, 2013 /CNW/ - Questrade is a winner of Canada's Best Managed Companies award. This prestigious national award recognizes best-in-class management practices.  Questrade won the Best Managed Companies award in 2011 and became a requalified member in 2012.

Edward Kholodenko, President and CEO of Questrade said: "This award acknowledges the passion and dedication of everyone at our firm. We strive to provide innovative products and services to our clients.  This award confirms that we are on the right track."

Canada's Best Managed Companies recognizes Canadian companies that have implemented world-class business practices and created value in innovative ways, including: new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

"Today's market place is not just about the investment in the product or service; it is also about the investment in the people. Questrade invests in their team to build up a strong and sustainable company. Canada's Best Managed Companies carries this attribute and we are pleased to say Questrade is one of this year's recipients." John Hughes, national leader for Canada's Best Managed Companies program and leader of the Greater Toronto Growth Enterprise practice for Deloitte.

Since 1999, Questrade has transformed brokerage services by delivering outstanding client service, investment products and trading technology. Questrade is the first broker to offer dual currency accounts. The first to offer gold bullion trading. And the only broker to rebate mutual fund trailer fees.

Kholodenko says: "At Questrade we are committed to providing Canadians with innovative brokerage services at an incredible value. In 2013 Questrade will continue to astound. The launch of commission-free ETF buys in February was the first of several exciting announcements to come."

Questrade Inc. is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund.

About Questrade:
Questrade Inc., headquartered in Toronto, provides Canadians with high-speed, direct access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms, as well as forex trading. Since 1999, the company has led the industry in delivering outstanding service, exclusive products and services, and competitive pricing. This commitment to innovation has appealed to independent investors, and for the past two years, the company has ranked as Canada's fastest growing online brokerage. In February, 2012, Questrade also earned the designation as one of Canada's 50 Best Managed Companies.

About Canada's Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Best Managed winner (one of the 50 new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, and Queen's School of Business. For further information, visit www.bestmanagedcompanies.ca. Visit the online community for private companies the Best Managed channel on FP Executive: www.financialpost.com/bestmanag

SOURCE: Questrade Inc.

For further information:

Lynn Suderman
Director, Communications
Tel: 416.705.5476