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December 20, 2005 Tuesday Ziqa’ad 17, 1426


Commodity Exchange


WINNIPEG, Manitoba, Dec 19: The Winnipeg Commodity Exchange has bounced back from a slump in volumes triggered by its shift to electronic trade, and volumes are poised to grow next year, a senior exchange official said.

We think we can maintain 10 to 15 per cent growth year over year, Will Hill, the exchange’s senior vice president, told Reuters in a recent interview. What we’re seeing is a growth over time. We have brought more participants to the marketplace and that’s what we were wanting to do.

The Winnipeg exchange, founded in 1887, became the first North American agricultural futures exchange to shift all its trading to an electronic platform a year ago, using the Liffe-Connect platform run by the Chicago Board of Trade.

—Reuters



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