“These individuals are locals and floor brokers who made up approximately 75% of the local volume transacted through open outcry trading,” said Will Hill, Senior Vice-President of WCE.
“The Exchange recognizes the importance of the local community in providing liquidity. As a result, we have provided significant incentives to assist locals in making the transition,” added Hill.
Winnipeg Commodity Exchange Inc., established in 1887, has been facilitating futures contract trading since 1904. WCE is Canada’s only agricultural futures and options exchange and offers futures and options contracts on canola, flaxseed, domestic feed wheat, and western barley. For more information on the Exchange, visit www.wce.ca