Winnipeg Commodities Exchange - WCE

DEFINITION of 'Winnipeg Commodities Exchange - WCE'

A commodities exchange in Winnipeg, Manitoba, that serves as Canada's only agricultural futures and options exchange. Canola is the Winnipeg Commodities Exchange's (WCE) primary commodity, but the WCE also trades contracts on many other commodities and provides the world's only flaxseed futures market.

BREAKING DOWN 'Winnipeg Commodities Exchange - WCE'

On Dec 20, 2004, the WCE became North America's first commodities exchange to utilize a trading platform that is entirely electronic, and is recognized as a leading global provider of price-discovery and risk-management tools for canola.

The WCE does not buy or sell any instruments on its exchange or play any role in price setting or discovery. Its mandate is to provide trading rules and facilities, so that buyers and sellers may conduct transactions and determine prices. The WCE is regulated by the Manitoba Securities Commission under the authority of the Commodity Futures Act of 1996.

RELATED TERMS
  1. Montreal Exchange

    A Canadian derivatives exchange that facilitates the trading ...
  2. Commodity ETF

    Exchange-traded funds that invest in physical commodities such ...
  3. Exempt Commodity

    Any commodity other than an excluded or agricultural commodity. ...
  4. Commodities Exchange

    An entity, usually an incorporated non-profit association, that ...
  5. Cash Price

    The actual amount of money that is exchanged when commodities ...
  6. Commodity Futures Trading Commission ...

    An independent U.S. federal agency established by the Commodity ...
Related Articles
  1. Investing Basics

    Understanding the Commodity Market

    There are currently 50 physical and virtual commodity markets worldwide where almost 100 primary commodities trade through the exchange of ownership rights.
  2. Investing Basics

    When Will it Be Safe to Buy Commodities?

    When will it be safe to buy commodities (and which ones)? A closer look at the commodities markets and how they move.
  3. Investing Basics

    How To Invest In Commodities

    Find out which futures, options or funds will be your perfect commodity portfolio fit.
  4. Investing Basics

    The Role Of Speculators In The Commodity Market

    Contrary to popular belief, speculators are important for the market. Find out exactly what they do.
  5. Options & Futures

    All About Liquid Commodities

    You might hear 'liquid commodities' and think of an auction, but they're actually a high-volume, fast paced financial product suitable for day traders.
  6. Stock Analysis

    Commodity ETFs To Watch In 2011

    A look at commodity ETFs that are opening doors to the futures for Joe Investor.
  7. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Commodities (GLD, DBA)

    Explore diversifying an investment portfolio through investing in commodities ETFs, and get information on some of the best commodity funds.
  8. Chart Advisor

    3 ETFs That Suggest Commodities Are Headed Lower (COMT, DBC)

    Nearby trendlines and resistance from major moving averages suggest that the broad commodities market is headed lower from here.
  9. Stock Analysis

    Commodities For The Everyday Investor

    A look at commodity ETFs that are opening doors to the futures for Joe Investor.
  10. Chart Advisor

    These 3 ETFs Suggest Commodities Are Headed Lower (COMT,CCX,DBC)

    The charts of these three exchange traded funds suggest that commodities are stuck in a downtrend and it doesn't look like it will reverse any time soon.
RELATED FAQS
  1. Who sets the price of commodities?

    Commodities are extremely important as they are essential factors in the production of other goods. A wide of array of commodities ... Read Answer >>
  2. Which of the following would be considered a short hedge ...

    The correct answer is a) Long the commodity and short the futures Read Answer >>
  3. Can mutual funds invest in commodities?

    Learn how investors can use commodity mutual funds to diversify their portfolios, and discover why mutual funds may be less ... Read Answer >>
  4. Do hedge funds invest in commodities?

    Learn about hedge funds that invest in commodities. Read about Commodity Trading Advisors who focus specifically on trading ... Read Answer >>
  5. What's the difference between a commodity and a product?

    Understand the difference between commodities and products, and learn how they are connected to each other and to market ... Read Answer >>
  6. How can electricity be traded as a commodity by an individual investor?

    Learn the characteristics unique to electricity trading as a commodity and how investors can trade electricity futures on ... Read Answer >>
Hot Definitions
  1. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  2. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  3. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  4. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  5. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  6. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
Trading Center