news in brief

ICE to acquire Winnipeg Commodity Exchange

IntercontinentalExchange (ICE) is to acquire the Winnipeg Commodity Exchange (WCE), a Canadian agricultural commodity futures and options exchange owned by WCE Holdings.

The purchase price for the transaction totals $47 million. Upon the close of the transaction, WCE will be a wholly-owned subsidiary of ICE. ICE expects to close the transaction in the third quarter of 2007.

Montréal Climate Exchange to launch carbon futures

Montréal Exchange (MX) and th

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