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Old Posted Jun 27, 2007, 1:07 AM
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1ajs 1ajs is offline
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Join Date: Jul 2005
Location: lynn lake
Posts: 25,919
Quote:
Originally Posted by newflyer View Post
You obviously don't know securities regulations.

The commodity clearing house is based in Winnipeg and is fixed in Winnioeg by charter. It can't nor will be moved to Atlanta or anywhere else. Winnipeg will become the centre of derivitive trading in Canada, backed by the marketing power of the Chicago Board of trade. ICE needed to purchase a chartered Canadian exchange with clearing house .. and the WCE is the one they picked, due to its involvement in commodities to match with the CBT, making it ICE world's largest commodity company in the world, with chartered exchanges in the States and Canada. Canada having massive amounts of commodity trading .. and Winnioeg to pick up that business.

Talking to a few in the industry they say look for significant expansion, especially if Winnipeg gets into base metals and energy trading, which is ICE stated intensions. This could be huge for Winnipeg.
new boom?
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