The Winnipeg Commodity Exchange is a derivatives market based in
Winnipeg, Manitoba,
Canada. Futures and options contracts are electronically traded in feed
wheat, western
barley and
canola (rapeseed).The WCE began its existence as the Winnipeg Grain & Produce Exchange in
1887. In
1904, it introduced its first futures contracts. It was, and remains, Canada's only commodity futures exchange.In
December 2004, WCE converted from the traditional "
open outcry" method of trading to an electronic trading format. This made it the first commodity futures exchange in North America to go fully electronic.
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