Charging at commodities

Canada looks set to undergo a trading transformation, with the implementation of major regulatory changes around the corner. In 2009, a 10-year old non-compete agreement between Canadian exchanges will cease, meaning that the exchanges will no longer be bound by rules determining what they trade.

The non-compete agreement placed jurisdictional barriers on Canada's two biggest exchanges – the Toronto Stock Exchange (TSX) and the Montreal Exchange (MX) – in 1999, confining the TSX to mature cas

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