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FTSE Mondo Visione Exchanges Index:

Winnipeg Commodity Exchange Ready To Launch Contracts On Electronic Trading Platform

Date 16/12/2004

Winnipeg Commodity Exchange Inc. (WCE) is ready to launch its futures and options contracts for trading on an electronic trading platform effective Monday, December 20th.

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. Over the past five crop years, total annual volume in the canola futures contract has averaged almost 2 million contracts.

The Exchange’s western barley futures contract is the world’s most actively traded barley futures contract, with total annual volume in this contract averaging well over 200,000 contracts for the past five crop years. WCE also provides trading in options on the Western Barley futures contract.

WCE also facilitates trading in feed wheat and flaxseed futures and options contracts.

The hours of trading WCE futures and options contracts on the electronic platform, commencing Monday, December 20th, are:

Pre-opening session:  8:30 a.m. to 9:29:59 a.m. CT
Opening of market:  9:30 a.m. CT
Close of Market   1:15 p.m. CT

WCE will be North America’s first commodity exchange to fully convert to an electronic trading platform.