19 October 2017
visit www.response.ncr.com

CIBC launches simulated investment challenge

24 August 2001  |  2562 views  |  0 CIBC launches simulated investment challenge

CIBC has launched a 'Beat the Street' investment challenge, designed to provide would-be investors with a simulated online brokerage experience.

The service is being offered by CIBC Investor's Edge, the discount brokerage division of CIBC Investor Services, in partnership with CRM solutions provider Simvest Solutions.

Beat the Street simulates real-life investing within a mock portfolio and provides participants with an opportunity to compete against others based on their ability to increase a fictional portfolio of $100,000 over the duration of the contest. CIBC Investor's Edge is running four, one-month online investment challenge segments from August through to November, 2001 on the discount brokerage's Web site.

"It's all about giving clients the tools and know-how to take control of managing their own investment portfolio. With Beat the Street, investors can practice and nurture their skills and gain practical, hands-on investment experience that may benefit their personal portfolio," says Donna Lalumière, president and chief executive officer, CIBC Investor Services.

More than $20,000 in cash prizes is up for grabs. The winner's mock portfolio must outperform the TSE 300 Index over the Challenge timeframe to qualify for the draw. Other cash prizes will be awarded to randomly selected participants from each of the four game segments and to the participants with the highest overall return on their initial investment over the course of each challenge.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

CIBC Internet bank offers $100,000 free money lure

CIBC Internet bank offers $100,000 free money lure

07 August 2001  |  2848 views  |  0 comments
CIBC adds World Markets research to Investor's Edge

CIBC adds World Markets research to Investor's Edge

06 July 2001  |  3284 views  |  0 comments
CIBC launches outsourced corporate PKI service

CIBC launches outsourced corporate PKI service

04 July 2001  |  3697 views  |  0 comments
CIBC begins speech technology roll out

CIBC begins speech technology roll out

27 June 2001  |  3277 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15649 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8810 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7912 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7051 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6180 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job