WCE attained a new single-day volume record for any WCE futures contract of 12, 314 set with the Nov 01 canola contract on Friday, July 13, 2001. The previous mark for a WCE futures contract was 11,662 (for May canola from Mar. 5, 2001) and the previous record for a Nov canola contract was 10,255 (from July 9, 2001).
Also, Nov 01 canola open interest has been on a record-setting climb, topping 62,402 contracts on Friday, July 13, 2001 and at the same time establishing a record open interest level for any WCE futures contract. As recently as June 22, 2001, the record level was posted as 45, 967.
On the options side of the market, a new record for total options volume was set July 11, 2001 at 3,465 - up from the recently recorded high of 3,036 from June 11, 2001. Prior to the upward record volume trend starting on June 11, 2001, the record for total options volume was set July 18, 1996 at 2,417 contracts.
WCE provides the world's premier price discovery and risk management tool 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, canola meal, western barley, flaxseed, 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.
