Qtrade Financial Group adds Donald Charter to Board of Directors

    VANCOUVER, Sept. 24 /CNW/ - The Qtrade Financial Group ("Qtrade") is
pleased to announce the appointment of Donald Charter as a new member of the
Qtrade board of directors.
    Mr. Charter is the former Chairman and CEO of Dundee Securities and
Dundee Private Investors Inc., where he was instrumental in building Dundee
from the ground up as a full service securities and financial planning firm to
over 1,000 employees, 2,000 advisors and $27 billion of client assets under
administration. During Mr. Charter's tenure, Dundee Securities became the
largest non-bank owned brokerage firm in Canada.
    Qtrade's Chairman John Sibley commented, "We are delighted to have Don
join our board. His past experience will be invaluable as we continue to
expand our fully integrated and national comprehensive wealth management
platform and increase the services Qtrade offers to its financial institution
    Mr. Charter currently sits on a number of other public company boards in
the mining, energy and real estate sectors. Mr. Charter also held other
positions within the Dundee group of companies, including Chairman and CEO of
Dundee Insurance and Dundee Mortgage, Vice Chairman of the Dundee Wealth Bank,
and EVP Dundee Corporation and Dundee Wealth Management Inc. Prior to joining
the Dundee group, Mr. Charter practised corporate and securities law at a
major law firm in Toronto.
    Mr. Charter holds an LL.B. from McGill University, a B.A. (Honours) in
Economics from McGill University and has completed the Canadian Securities
Course and the Partners, Directors and Senior Officers Course.

    About the Qtrade Financial Group

    Founded in 1999, the Qtrade Financial Group provides comprehensive wealth
management services and solutions to over 180 financial institutions and their
customers across Canada. Qtrade is dedicated to providing its financial
institution partners with a single source for market-leading wealth management
products and services, including: online, full-service, institutional and
carrying brokerage services, full-service mutual fund dealer and insurance
dealer services, as well as portfolio management and discretionary money
management services and proprietary managed money solutions. The Globe and
Mail ranked Qtrade Investor the No.1 online broker in Canada for the second
consecutive year in its annual 2007/2008 ratings. Qtrade currently administers
over $3.5 billion of investment assets. For more information visit

For further information:

For further information: Qtrade Financial Group, Pamela Patton,
Director, Marketing and Partner Relations, p: (604) 678-6962, e:

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