Winnipeg, Manitoba, Canada
Abbreviation
WCE
Location
Winnipeg, Manitoba, Canada
Region
Americas
Group
ICE
Product Types
Agricultural
The Winnipeg Commodity Exchange (WCE), founded in 1887, was Canada's primary agricultural futures exchange, serving as the world's leading market for canola futures and other Canadian crops including oats, flaxseed, and domestic feed wheat. In 2007, WCE was acquired by Intercontinental Exchange (ICE) and renamed ICE Futures Canada in 2008. Canola futures, the exchange's flagship contract, continue to be one of the most actively traded agricultural derivatives globally under ICE.
Flett Exchange was a New Jersey-based electronic exchange for environmental commodity credits, established around 2004. Flett specialised in US environmental market instruments including NOx (nitrogen oxide) allowances under the EPA SIP Call, SO2 (sulphur dioxide) allowances under the Acid Rain Program, Regional Greenhouse Gas Initiative (RGGI) carbon allowances, and Renewable Energy Certificates (RECs). The exchange served power generators, utilities, and compliance buyers navigating the complex US state and federal cap-and-trade regulatory frameworks for air emissions.
Nadex (North American Derivatives Exchange) is a CFTC-regulated exchange specialising in binary options and knock-outs contracts for US retail traders. Originally founded as HedgeStreet in 2004 and acquired by UK-listed IG Group in 2007, it was rebranded as Nadex in 2009. Nadex offers short-term binary option and spread contracts on forex pairs, equity indices, commodity markets (crude oil, gold, natural gas), and economic events. It serves as a retail-accessible venue for limited-risk derivatives trading.
The Minneapolis Grain Exchange (MGEX), founded in 1881, is the United States' primary futures market for Hard Red Spring Wheat (HRSWW) — the high-protein wheat used in premium breads and noodles. MGEX also provides agricultural cash commodity trading and clearing services. Acquired by Miami International Holdings (MIAX) in 2020, MGEX continues to serve as an essential price-discovery and risk management platform for Spring Wheat, a crop critical to North American and global food production.
The Brazilian Mercantile and Futures Exchange (BM&F) was one of the world's largest derivatives exchanges, founded in São Paulo in 1983. In 2008, BM&F merged with the São Paulo Stock Exchange (Bovespa) to form BM&FBOVESPA. In 2017, it merged again with CETIP to create B3 (Brasil, Bolsa, Balcão) — now Latin America's largest financial exchange group by market capitalisation. B3 continues to operate commodity derivatives including sugar, arabica coffee, live cattle, ethanol, and gold contracts.