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WCE Sets December Volume Record
WINNIPEG - Jan 6/06 - SNS -- The Winnipeg Commodity Exchange (WCE) set a monthly volume record for December, with 273,277 contracts exchanging hands, up 65.8% from November and 30.1% above the previous year.
Crop year-to-date volume (since August 1) for futures contracts is 15.6% higher than last year. Options trade for the crop year is 252.1% higher than a year ago. Total volume for the crop year-to-date is 17.1% over last year at 962,703 contracts.
At the end of December 2005 total open interest stood at 108,524 contracts. This level of open interest is 34.7% higher than the end of 2004.
Trade in WCE futures and options contracts for 2005 rose 1.1% from 2004 to 2,076,720 contracts. Total trade in futures contracts for the year was 2,047,273 contracts, representing a gain in volume of 0.8% from last year. Volume of trade in options contracts during 2005 totaled 29,447 contracts, which is 23.5% over that of 2004.
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