Winnipeg Commodity Exchange Inc. ("WCE") is pleased to announce that Horsager Trading Company, located in St. Anthony, Minnesota, has registered with WCE as a Trading Participant in the category of Liquidity Provider.
Horsager Trading Company is the sixth company to register with WCE as a Liquidity Provider. There are five individuals currently registered as Liquidity Providers. These companies and individuals provide short-term liquidity and generate close to 23% of WCE's total volume of trade.
The WCE Liquidity Provider Program is a trading incentive program under which exchange transaction fees and clearing transaction fees are waived for companies or individuals registered on WCE in this category. The annual Participant registration fee for a Liquidity Provider is $5,000. Cdn.
Winnipeg Commodity Exchange Inc., established in 1887, has been facilitating futures contract trading since 1904. WCE is Canada's only agricultural futures and options exchange and North America's first fully electronic commodity exchange. WCE offers futures and options contracts on canola, domestic feed wheat, and western barley.