WCE meaning in Business ?

Answer:

What is Winnipeg Commodity Exchange mean?

ICE Futures Canada (IFCA)—known as the Winnipeg Commodity Exchange (WCE) until 2008—was a derivatives market based in Winnipeg, Manitoba, and was Canada's only commodity futures exchange.

Prior to 2008, WCE was the subsidiary of WCE Holdings Inc., which also owned WCE Clearing Corporation, and Canadian Climate Exchange Inc. In 2007, WCE was purchased by the U.S.-based Intercontinental Exchange. In mid 2018, IFCA's futures and options contracts transitioned to ICE Futures U.S. (IFUS). Under the IFUS trading name, ICE continues to electronically trade Canadian contracts for milling wheat, durum, western barley, and canola (rapeseed).

ICE's operations in Manitoba are regulated by the Manitoba Securities Commission. In contrast, the Ontario Securities Commission has provided ICE an order that exempts it from the requirement to be recognized as a stock exchange and as a commodity futures exchange in Ontario.

reference

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