Qtrade Financial Group Announces Addition to Management Team

    VANCOUVER, June 20 /CNW/ - The Qtrade Financial Group ("Qtrade") is
pleased to announce the appointment of Peter Brady as General Counsel
effective July 1, 2007.
    Qtrade's Chief Executive Officer Scott Gibner commented: "We are
delighted to have Peter join the Qtrade team. Peter's legal and regulatory
background will be of critical importance to us as we continue to deliver our
fully integrated and comprehensive national wealth management offering to our
financial institution partners."
    Mr. Brady has a significant amount of experience in the legal and
regulatory field through his tenure at the British Columbia Securities
Commission ("BCSC") where he was most recently Senior Enforcement Counsel in
the Enforcement Division. Mr. Brady's first role at the BCSC in 1997 was
Senior Legal Counsel in the Exemptions and Orders Division, followed by his
role as Senior Legal Counsel in the Legal and Market Initiatives Division.
    Mr. Brady holds a B.A. (Honours) from Queen's University and an LL.B.
from the University of Victoria and is a member of the Law Society of British
Columbia. Mr. Brady has also completed the Canadian Securities Course and
Level 1 of the Chartered Financial Analyst (CFA) Examination.

    About the Qtrade Financial Group

    Founded in 1999, the Qtrade Financial Group provides comprehensive wealth
management services and solutions to 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 and institutional
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 in its 2006 annual review.
Today, Qtrade administers over $1.8 billion of investment assets. For more
information visit www.qtrade.ca.

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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