While futures volume dropped slightly from February, options gained prominence in March setting a new monthly high for canola options pit trade volume, 11,886 contracts, compared to 10,444 contracts traded in June 1999. Meanwhile, total options pit trade surpassed 13,741 contracts in March; also well ahead of the previous record of 10,469 contracts established in June 1999.
WCE provides the world's premier price discovery and risk management tools for canola. Canola is the most actively traded commodity on WCE and has been trading since 1963; options on canola futures have been available since 1991.
WCE trades futures contracts in: canola, western barley, flaxseed, oats, feed wheat and field peas; and options contracts in: canola, flaxseed, feed wheat and western barley. Established in 1887, Winnipeg Commodity Exchange provides financial instruments for price discovery and the transference of risk in an efficient and open manner.
