***website’s stock market competition aims to promote financial education in schools***
Pupils will be able to make money for their schools and learn about the stock market with the launch of ADVFN’s Schools’ Challenge.
The contest sponsored by ADVFN - Europe’s leading stocks and shares Website - aims to teach children about making and losing money with shares and to raise cash for the schools. Pupils from six schools will select five companies listed on the London Stock Exchange and create their own portfolios on a specially created part of the ADVFN Website (www.advfn.com). The competition will run from Monday, June 14th until Friday, July 2nd 2004.
The 134 participants will compete against each other to win daily prizes and any profit made by an individual will be donated to their school by ADVFN*. The competition will be supported with a series of lessons about the stock market and other financial topics, devised by Peter Makower, Maths teacher at Westbrook Hay in Hertfordshire – one of the participating schools.
To monitor the participants’ progress and see the complete rules visit: www.advfn.com/challenge.
“Money is fundamental to our everyday lives, yet many adults don’t have a real grasp on personal finance matters. The only way to change this is through education,” said Clem Chambers, CEO of ADVFN. “We are delighted to be sponsoring this project, which promotes financial learning in a fun way - you never know we could discover the next generation of Buffetts,” he continued.
“Education has been looking at ways that the Internet can enhance teaching. I believe this project achieves this. Not only will the participants see the power of the Internet in monitoring their portfolio but also the interest created will open lively debate about basic finance. In addition, this links directly into the new Citizenship curriculum,” said Peter Makower, Maths teacher at Westbrook Hay.
The other schools taking part are: Heath Mount, Hertford; Gayhurst, Buckinghamshire; St. Martin’s Northwood, Middlesex; Beeston Hall, Norfolk and Handcross Park in West Sussex.
* The total donation to the schools involved has been capped at £2,000. In the event this is exceeded ADVFN’s donation to each school will be reduced proportionally.
NOTES TO EDITORS
ADVFN (www.advfn.com) is Europe’s number one stocks and shares Web site. With full real-time coverage of the euronext-liffe, the London Stock Exchange, OFEX, NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN provides professional quality information to the person on the street.
ADVFN was established in the last quarter of 1999 and floated on AIM in March 2000. It now has over 350,000 registered users who generate in excess of 38 million page impressions a month.
We currently cover the following areas in the UK, France and America:
· Free real-time prices from the London Stock Exchange
· EURONEXT - Paris, Brussels and Amsterdam
· Canadian stocks, indices, options and derivatives
· Russian stocks and indices
· Greek stocks and indices
· Irish stocks and indices
· Level 2 data
· Comprehensive fundamental data
· Streaming stock charts, historic and intraday
· CREST stock loan data
· RNS and AFX news
· UK's busiest financial bulletin boards
· Historical data downloads
· Stock monitors and filters
· Covered Warrants
· Trading signals
· Investor Relations Web site solutions
· PDA service
· SMS stock quote service
· ADVFN TALK – Inter-casting show
For further press information, please contact: Francesca De Franco on 020 7070 0932 E-mail
Published on: 12:00AM on 9th June 2004