“We are pleased to announce the approval of ADM Investor Services Inc.; Cargill Investor Services, Inc.; Citigroup Global Markets Inc.; Iowa Grain Company; R.J. O’Brien & Associates Inc.; O’Connor & Co. LLC; Rand Financial Services Inc.; Tenco, Inc.; and UBS Securities LLC as Direct Access Participants”, said Mike Gagné, President and CEO of the Exchange.
“The overwhelming interest expressed in the WCE since we announced the change to electronic trading is resulting in the formal registration of new Trading Participant firms. We are anticipating the registration of more companies prior to December 20th. These will be in addition to the current companies who will be continuing as participants on the Exchange”, added Gagné.
WCE will be North America’s first commodity exchange to fully convert to an electronic trading platform when it launches its futures and options contracts for trading on an electronic platform commencing Monday, December 20, 2004.
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
