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August 23, 2022
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The BVC will carry out a new version of its Millionaire Bag contest

The BVC will carry out a new version of its Millionaire Bag contest

millionaire bag, financial education contest organized by the Colombian Stock Exchange (BVC), which has been in the market for more than 20 years and in which more than 120,000 people have participated, putting into practice the financial knowledge taught by educational institutions and other experts, will be held again in 2022.

(See: Keys to keep in mind when buying a home in the US).

In the contest, which was paused in 2016, any Colombian of legal age You will be able to participate in a transactional platform simulator created by Trii, which is a system for buying and selling shares through the cell phone.

Participants will start with an amount of fictitious $100 Million, and they will have a calendar month to invest in the different assets of the Colombian market, gaining or losing depending on the actual movement of the shares on the stock market.

(See: The sectors in which it is recommended to invest, according to JPMorgan).

At the end, the winners will get a prize bag.

According to the latest BVC report, it stands out among its results that, for the second time in 2022, the commission agent Stocks & Securities S.A. once again led the number of operations among its peers, managing to position itself with a distance of more than 30% over its closest competitor, managing to reach the 34,206 transactions in July.

(See: The cloud, among the digital trends to invest in 2022).

Taking into account that July was one of the months with the lowest volume of operations in the BVC during 2022, the fact reflects that the minority investors are increasingly important in the radiography of the national market, becoming a relevant bet for the development of the stock market in Colombia.

This is how only the ‘fintech’ Trii, which operates through Acciones & Valores in the country, reported more than 30,000 operations, which represent 23% of the total number of transactions carried out.

(See: Do you want to invest, but do not know how? The BVC teaches you… and for free).

BRIEFCASE

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