The Colombian Stock Exchange (BVC) has launched the second edition of the Millionaire Stock Exchange Contest, in collaboration with the trii e-trading platform. This contest, whose main objective is financial education, offers participants the opportunity to simulate investments in the Colombian stock market with $100 million of fictitious money, through a platform that connects users with real data in real time. .
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This year, the contest will take place from September 23 to October 25, and will have four categories: Schools, Universities, Open Beginners and Open Experts. The most outstanding participants in each one will be able to access prizes that reach up to $3 million in real money, in addition to scholarships to further their studies in finance.
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Access and Promotion of Financial Education
Investment and investments.
Courtesy.
One of the great novelties of this edition is Free registration for students in the Colleges categorywhile the rates for the other categories are: $40,000 for Universities, $50,000 for Open Beginners and $70,000 for Open Experts. This reflects the commitment of the BVC and trii to democratize access to financial education.
The leader of the contest, Juan Miguel Morales, has highlighted that one of the myths that the program seeks to demystify is the idea that the capital market is only for the “rich.” Morales emphasizes that today it is possible to invest from any amount, and the competition offers an ideal platform to learn by doing.
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An inclusive initiative
stock market
iStock
Carlos Guayara, co-founder of trii, shares his enthusiasm for the impact of the contest: “It is a dream come true to see how from 10-year-old children in the most remote regions of Colombia to senior citizens are participating and learning about investments“. This initiative not only educates, but also empowers Colombians to take control of their financial future.
From 2022, More than 22,000 Colombians have participated in the Bolsa Millionaria Contest, achieving a significant improvement in their financial education. The participation of more than 3,000 college students and 12,000 university students has been essential in forging a new generation of informed investors.
The participants also have access to various online trainings and educational resources hosted on the BVC and trii YouTube channels. In addition, one month of free access to content from Valora Analitik, a media specialized in economic and financial information, is offered, which represents an additional resource for participants.
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The Competition Bolsa Millonaria has managed to distribute more than $200 million in prizes in its latest editions, which has further encouraged participation and learning about the stock market.
How to participate?
To be part of this experience, You just need to enter the trii application, create an account and register for the contest before September 29, 2024.
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