Pit trade volume for total futures and options combined during the month of February reached a new record level of 320,843 contracts, surpassing by 18% the previous monthly volume record of 271,932 contracts set in October 2000. Within this record, total futures volume for February 2001 reached 316,272 contracts, substantially above the previous record of 265,054 contracts set in October 2000.
As well, WCE established a new monthly record in canola futures volume, surpassing the previous record by 31%, at 273,404 contracts.
Also, open interest in the May canola futures contract (May 01) reached record levels on February 28, 2001 at 36,547 contracts. This is ahead of the previous open interest record level for any May canola futures contract, which was set on March 15, 2000 at 36,406 in the May 00 contract.
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, 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.
