LONDON, May 15, 2024 /PRNewswire/ — Exam season is upon on us.  As students try to cope during this pressure-cooker time, many parents are turning to reward children for their hard work not just exam success according to a survey by nimbl, the leading pocket money card and app for 6 to 18 year olds. 

The survey highlights that although parents want their children to do well, getting the top results is not the number one priority for the majority of those surveyed, with  8 in 10 primarily want to show their appreciation for their child’s efforts and 6 in10 want to motivate them to work hard.

Parents surveyed expressed that the motivation to reward their child for academic achievements has broadened.  More than half the parents  want to help foster important life skills such as focus and a good work ethic.  This signals an attitudinal shift from previous years where focus was more on rewarding children to achieve top grades. 

Majority surveyed (8 in 10) believe that rewards help their child understand the connection between hard work and financial rewards, with over 1 in 2  believe it is very important to give rewards to encourage them to work hard in school.  4 in 10 parents feel that introducing rewards early on can prepare children for the competitive nature of the workforce and help develop valuable skills such as discipline and goal setting. 

“The rewards should be varied and discussed – something that the children will appreciate but not expect as a given. This should motivate and encourage them to work hard and develop a work habit that will help them throughout their lives.  They understand it’s given for their dedication not high scores,” said Sylvia (region), son xx (17).

With the growth of children’s mental health issues reaching crisis point according to the NHS, the nimbl survey found that 47% of parents prioritise their child’s mental health over academic success and 49% want to achieve a balance their child’s academic success with their overall happiness and mental health.

The survey highlighted that support for academic achievement also came from other family members and friends (6 in 10), with grandparents playing a key role in rewarding their grandchildren, nearly 1 in 2. 

Experts argue putting a price on academic achievements may undermine the intrinsic motivation for learning, the importance of intellectual curiosity and passion for knowledge. When students are solely motivated by money or rewards, there is a risk that the joy of learning and personal growth may take a back seat.

Ultimately, there is no right answer and parents can feel conflicted even when they are using incentives and question if it is putting more pressure on their child.  The Nimble survey showed 1 in 10 parents often feel conflicted and 3 in 10 sometimes feel conflicted.

Alana Parsons, nimbl, Chief Executive, said: “As you would expect there are many opposing views on incentivising children to study.  But what the nimbl survey does signal in Mental Health Awareness month is that whatever side of the fence you sit on, we need to address the narratives around academic achievements and the values we nurture in our children’s formative years to pave a way to a healthier and more successful society and future workforce.”

Notes to Editor

nimbl surveyed 353 parents of children aged under 11 – 18 years old.  Full release here

About nimbl

nimbl is an award-winning pocket money card and app, designed with parents, carers and young people in mind.   https://www.nimbl.com/

Logo – https://mma.prnewswire.com/media/2387046/4705204/nimbl_Logo.jpg

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LONDON, May 15, 2024 /PRNewswire/ — LIST, an ION company, today announces that it has successfully completed the certification process to connect its FastTrade electronic trading system to the Luxembourg Stock Exchange (LuxSE). This follows the successful migration of LIST’s Borsa Italiana clients onto Euronext’s Optiq technology earlier this year.

Designed as a low-latency, multi-asset electronic trading system, LIST’s FastTrade modular solution is fully customizable and offers advanced trading functionalities. Its normalized connectivity architecture allows for the seamless integration of LuxSE, which uses Euronext’s Optiq technology.

By activating a new certified adapter in FastTrade, LIST will enable its clients to seamlessly access all products listed on LuxSE across all asset classes. All existing functionalities – including trading, execution and liquidity provision – are automatically made available to clients willing to access LuxSE. As a result, all clients deploying FastTrade will immediately benefit from an expanded connectivity base, with the opportunity to efficiently grow their trading capability.

“Following the successful migration of our clients to the Optiq trading platform earlier this year, we are delighted to share FastTrade’s newly certified connectivity to the Luxembourg Stock Exchange,” said Enrico Melchioni, Product Owner for FastTrade, LIST. “This latest initiative reflects our commitment to swift adaptation in line with the market’s evolution and our clients’ needs and consolidates our position as a key provider of cross-asset, multi-market trading technology and connectivity.”

“We are delighted to join forces with LIST and have its FastTrade system connected to the Luxembourg Stock Exchange. This marks an important step in bringing increased visibility to the wide range of securities available for trading at the Luxembourg Stock Exchange and facilitate the onboarding of new trading members. We look forward to reinforcing our work and collaboration with LIST in the future,” said Guy Weymeschkirch, Head of Markets & Surveillance at LuxSE.

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing in asset management, cleared derivatives, equities, fixed income, foreign exchange, and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the entire trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/

About LIST

An ION company, LIST is a leading financial technology provider to the global trading community, including trading venues, market makers, brokers, asset managers, risk managers, and compliance officers. LIST’s innovative turnkey products and delivery, driven by customers’ needs, together with a skilled, and determined young team, play a key role in supporting successful business growth in today’s volatile times. Continuous innovation and client partnerships around the globe have built trust and reliance on LIST’s unique real-time and data analytics capabilities.

About the Luxembourg Stock Exchange

The Luxembourg Stock Exchange (LuxSE) is the gateway to access international investors. With 42,900+ listed securities, including 39,000 debt instruments, from 1,800 issuers in 100 countries, LuxSE is the world’s leading exchange for the listing of international debt securities, and offers a unique and integrated service offering covering listing, trading and information services.

In 2016, LuxSE established the Luxembourg Green Exchange (LGX) and became the first exchange in the world to operate a platform dedicated entirely to sustainable securities. LGX has become a meeting place for issuers of sustainable products and impact-conscious investors, and encompasses more than 2,000 sustainable bonds, representing a total value of EUR 1 trillion from 310+ issuers in 60 countries. In 2020, LuxSE established the LGX Academy and the LGX DataHub to facilitate access to sustainable finance education and structured sustainability data. For more information, visit www.luxse.com

All product and company names herein may be trademarks of their registered owners.

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Writing a New Chapter for Sino-Germany (Sino-European) Economic and Technological Cooperation with the Theme of “Openness and Innovation, Win-Win Cooperation”

BEIJING, May 15, 2024 /PRNewswire/ — On May 13, the Beijing China-Germany Forum for Industrial Cooperation and Development—China-Germany (China–Europe) Hidden Champions Forum 2024 commenced at the Beijing China-Germany International Conference and Exhibition Center in Shunyi, Beijing. Co-sponsored by the Shunyi District People’s Government of Beijing Municipality, the International Economic Senate, and the Network for International Cooperation on Technology Commercialization (NICTC), this pioneering forum saw strategic collaboration with the International Cooperation Center of National Development and Reform Commission of China (ICC-NDRC) and Asia Digital Group.

The remarkable sharing of guests involved at the Opening Ceremony & Plenary Session underscored the vast potential of Sino-German (European) economic and technological collaboration. Mayor of Shunyi District Cui Xiaohao conferred letters of appointment on the inaugural cohort of experts and consultants for the China–Germany (China–Europe) Hidden Champions, demonstrating Shunyi District’s dedication to leveraging international best practices, advancing cooperation with Germany and Europe, and promoting higher-level openness and high-quality development in both Shunyi District and Beijing at large.

The International Cooperation Center of NDRC and the DEZ jointly unveiled the “Research Report on Industrial Cooperation between Chinese and German Hidden Champions”. Alongside this release, the “Initiative of Building a New Ecology for Sino-German (European) Industrial Cooperation” was launched, calling for more industrial parks and enterprises to take part in the initiative, share resources and seek common development. During the signing ceremony, more than ten projects across diverse sectors, including new energy and intelligent vehicles, digital economy, and education and culture, finalized cooperation agreements.

Looking ahead, Shunyi is poised to prioritize the development of the Beijing China-Germany Economic and Technological Cooperation Demonstration Zone, serving as a flagship endeavor. It will persistently cultivate an unparalleled business environment, striving to create a pivotal gateway to external openness for the capital in this new era. This commitment will propel the development of a more distinctive open economy in Shunyi to a higher level.

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