TORONTO, Feb. 21, 2012 /CNW/ - Topping off a year of unprecedented
growth, today Questrade announced it is a winner of the prestigious
Canada's 50 Best Managed Companies for 2011. This national award
selects companies that exemplify world-class business practices and
deliver value for partners, clients and employees.
Edward Kholodenko, President and CEO of Questrade said: "Since founding
this company over ten years ago, the management team has maintained a
single, simple goal for Questrade: empower individual investors by
transforming online brokerage services. This clear mission resonates
with our staff and our clients. We are passionate about what we do, and
this translates into exceptional service for our clients and
sustainable growth for the company."
"We believe that there are three vital building blocks to sustainable
growth: strategy, capability, and commitment; Questrade has
demonstrated it is a model of success in all three areas and is duly
recognized as one of Canada's Best Managed Companies," explained John
Hughes, Partner, Private Company Services group with Deloitte, a
national sponsor of the Best Managed program.
Questrade's core principles have led to numerous firsts in the online
brokerage industry: the first to offer gold bullion trading, the first
to offer U.S. currency in registered savings accounts, the first to
offer stock trades for $4.95, and the first to offer rebates on mutual
fund trailer fees.
Kholodenko states that this win confirms the firm's continued commitment
to providing Canadians with innovative brokerage services at
unprecedented value and convenience. "We are thrilled to be recognized
by the Best Managed program. This award is testament to the dedication
to excellence by our entire team. We will continue to deliver on our
promise, and in 2012, we will be launching our most innovative products
and services ever."
Questrade Inc., headquartered in Toronto, provides Canadians with
high-speed, direct access trading in the U.S. and Canadian stock and
options markets as well as forex trading. Since its inception in 1999,
the company has grown and diversified, and is currently ranked as
Canada's fastest-growing online brokerage. The company continues to
demonstrate its competitive leadership with a combination of
outstanding service, advanced technology and competitive pricing
structures. Questrade is a member firm of IIROC (Investment Industry
Regulatory Organization of Canada) and the CIPF (Canadian Investment
Protection Fund). www.Questrade.com
About Canada's Best Managed Companies
Canada's 50 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 member (winners that retain the
Best Managed designation for 4-6 consecutive years); 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.canadas50best.com.
SOURCE Questrade Inc.
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