TORONTO, Sept. 12 /CNW/ - Over $150,000 in cash and prizes are up for
grabs as financialpost.com announced today that when the markets open on
September 15, 2008 so too will Canada's first ever real-time stock market
trading contest at stockstar.ca.
The four-month long game, presented by Canada's No.1 discount brokerage
Credential Direct, allows players to buy, trade, sell and invest in stocks in
real-time and get portfolio updates that mirror the beat of the market. Stock
Star is powered by stock market simulation software developed by Stock-Trak
Group which also powers the popular American game, Wall Street Survivor.
"We're thrilled to partner with financialpost.com to present this "first
in Canada" opportunity for investors to prove their stock star status at the
pace of the markets," said Lothar Fabian, Vice President, Credential Direct.
"This is an excellent opportunity for Canadians to experience the world of
self-directed online trading. Investing novices can learn about the markets
without risking their own cash, and experienced traders can see how their
strategy stacks up against their peers."
"Players can research the markets, read journalist blogs and get industry
analysis all powered by financialpost.com, Canada's go-to site for breaking
business news and financial data analysis," says Jonathan Harris,
Vice-President of Digital Media at National Post. "But, in the end, it's all
about having fun - and competing for a chance to win as much as $150,000 in
cash and prizes."
Stock-Trak Group built the financialpost.com Stock Market Challenge to
appeal to all traders from novices to market savvy, experienced traders. Mark
Wolinsky, EVP at Stock-Trak says, "Unlike other fantasy stock market contests,
the financialpost.com Stock Market Challenge not only allows participants to
compete for prizes, but to reach out to one another and share trading ideas
and tips through the online forums and community elements."
The Stock Market Challenge tracks players progress over the four-month
period and at the end of the game the top players in each category Trader
(players who execute 25 or more trades for the contest duration) and Investor
(players who execute fewer than 25 trades for the contest duration) will each
receive $25,000 for first place, $15,000 for a second place finish and $10,000
for third place. Additional daily, weekly and monthly prizes will be awarded.
Pre-registration began on September 1st and the game runs until January
16th. The Financialpost.com Stock Market Challenge will be supported by an
advertising campaign which includes print, online and television throughout
the duration of the contest.
For complete rules and regulations and to register for the contest visit
About National Post
National Post is a subsidiary of Canwest Global Communications Corp
(www.canwest.com; TSX: CGS and CGS.A). An international media company, Canwest
is Canada's largest publisher of paid English language daily newspapers and
owns, operates and/or holds substantial interests in conventional television,
out-of-home advertising, specialty cable channels, web sites and radio
stations in Canada, New Zealand, Australia, Turkey, Indonesia, Singapore, the
United Kingdom and the United States.
About Credential Direct
Established in October 2000, Credential Direct is an online brokerage
delivering access to self-managed equity, mutual funds, bonds, and options
trading to all Canadians. It has been ranked Canada's Best Overall online
discount brokerage 5 times since 2004 by independent online brokerage reviews.
Credential Direct is a division of Credential Securities Inc., providing full
service brokerage to Canada's credit unions.
About Stock-Trak Group, Inc.
Stock-Trak Group, Inc, in existence since 1990, is a leading global
provider of web-based stock market simulation and training products.
Stock-Trak Group has three office locations in Montreal, Quebec; Mississauga,
Ontario and Atlanta, Georgia and is divided into two distinct business units.
Through its wholly owned subsidiary, Stock-Trak, Stock-Trak Group targets the
academic and financial services markets with proprietary stock market
simulation and training tools. Wall Street Survivor, part of Stock-Trak
Group's consumer division, targets online investing, trading and game
enthusiasts with a market leading web 2.0 investment-oriented educational
simulation and contest web site while replicating the real world stock market
experience without the risk. Our media division is a full service marketing
firm that operates an advertising based network of outdoor multimedia L.E.D.
For further information:
For further information: to arrange an interview or to register for the
Media Challenge please contact: Phyllise Gelfand, Director of Communications,
Canwest Publishing, (416) 442-2936, firstname.lastname@example.org