“We are pleased that proprietary trading firms, such as Kottke, will be able to take advantage of trading opportunities under WCE’s Liquidity Provider Program,” said Will Hill, Senior Vice-President of the Exchange. “These Participants provide enhanced market liquidity for hedgers, speculators and investors in WCE markets”, added Hill.
The program consists of rebates on exchange fees for Participants that provide short-term liquidity for WCE contracts and will be in effect for a minimum of six months. Details of the WCE Liquidity Provider Program are available on the Exchange’s Website at www.wce.ca
WCE became North America’s first commodity exchange to fully convert to an electronic trading platform when it launched 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.