The record in total canola futures open interest was set at 85,318 contracts on March 8, 2001. This exceeds the previous record of 83,507 contracts established on February 14, 2001.
The record level in open interest for canola futures has been supported with strong pit trade volumes in recent weeks. Earlier this month, May 01 canola futures attained a new single-day volume record for a May canola contract at 11,662 contracts on March 5, 2001.
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.
Also, total futures open interest, for all commodities combined, set new record levels at 120,576 contracts on March 8, 2001. The previous record for open interest in total futures was set February 14, 2001 at 118,785 contracts.
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.
