WCE to shift trading to ICE’s platform in December

WCE to shift trading to ICE’s platform in December

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Winnipeg Commodity Exchange (WCE) is to transfer trading to Intercontinental (ICE)’s platform on 9 December.

The switch follows the acquisition of the Canadian exchange by ICE on 22 August for C$50m.

Winnipeg, which offers futures on canola, domestic feed wheat, and western bailey, will also have a new management team, which the exchange revealed in August. William Hill, formerly senior vice president, has been named president and chief operating officer. Former WCE president and chief executive officer Mike Gagné retired upon the completion of the transaction.

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