QTRADE INVESTOR NEWS

Announcement to Credit Unions -             "Second Group of Credit Unions Join the Qtrade Investor Platform", April 2, 2001

Second Group of Credit Unions Join the Qtrade Investor Platform

April 2, 2001, Vancouver, B.C. - Qtrade Investor is pleased to announce a strategic partnership with each of Fraser Valley Credit Union, Ubiquity Financial, Greater Toronto Area Savings & Credit Union, Valley First Credit Union, Motor City Community Credit Union, Winnipeg Police Credit Union, Kootenay Savings Credit Union, Sunshine Coast Credit Union, Krek Slovenian (Toronto) Credit Union, PAGE Credit Union and Buffalo Credit Union.  Qtrade Investor will provide its state-of-the-art online brokerage platform to these credit unions on a co-branded basis.  The credit unions and their members will receive a full range of brokerage services, accessible either online or by phone through Qtrade Investor's fully staffed call centre.  Customers will receive and be able to utilize leading edge research, online account applications, electronic funds transfers (EFT) and straight-to-market order execution, all at competitive prices. 

The partnership will include joint marketing activities, advertising and hyperlinks on each credit union's website homepage directly to a co-branded Qtrade Investor online platform, utilizing each credit union's corporate logo and colours.

Fraser Valley Credit Union and its newest division, Ubiquity Financial (an online virtual bank for BC residents), are pleased to add Qtrade Investor to the list of exceptional products and services available to their members.  "Our mission is to provide the highest quality financial services which meet the changing needs of our members and our communities", says Keith Puiu, CEO of Fraser Valley Credit Union. "Qtrade Investor offers our members a high quality, state-of-the-art online brokerage service, accessible directly from our website."    

Qtrade Investor V.P. Business Development (Institutional), Joel Bernard, says, "We are excited that more Canadian credit unions, after careful comparison, are choosing to co-brand with our online platform.  It is clear that although financial institutions have a choice, they are choosing Qtrade Investor's high quality online brokerage solution over the alternatives."

The Qtrade Investor online platform is available to the members of your credit union. As part of a strategic partnership, members who open accounts with Qtrade Investor receive, among other things:

  • A state-of-the-art online securities trading platform, co-branded with your credit union's logo and corporate colours;
  • General trading services and investment products;
  • Straight-to-market order execution;
  • Account choices (cash, margin, registered products);
  • Competitive pricing with a full range of customer services;
  • Leading edge research tools;
  • Online help and training;
  • Ease of use/quality of service; and
  • Canadian Investor Protection Fund ("CIPF") coverage ($1,000,000 per account).

About Qtrade Investor

Headquartered in Vancouver, British Columbia, Qtrade Investor is a member of the Investment Dealers Association of Canada and the CIPF. Qtrade Investor provides online brokerage services across Canada (except for the province of Quebec).  Qtrade Investor delivers a full range of financial services while providing individual attention to every account.

Qtrade Investor has assembled a team of highly qualified professionals with extensive operational experience in the online brokerage industry, gained at Canada's largest online securities dealers.

For additional information regarding partnering with Qtrade Investor, please contact: Joel Bernard, Vice President Business Development (Institutional) at (604) 605-4122 or jbernard@qtrade.ca.

Back to Company News