Beginning with an introduction to the industry, the author outlines recent futures market developments inside the country and internationally. A chapter is devoted to the workings of the Winnipeg Commodity Exchange (WCE), Canada’s largest exchange dealing exclusively in futures. The WCE is currently the world’s only futures market for canola, rye and barley and the only one in North America for flaxseed.
Chapters dealing with options on futures contracts and precious metals contracts are included. The regulation of futures trading is also descr ibed. In his concluding chapter, the author offers an outlook on futures trading.
Trading on Canadian Futures Markets (1989), fourth edition, by John Hore. Published by The Canadian Securities Institute. 190 pages. $25. Suite 360, 33 Yonge St., Toronto, Ont. M5E 1G4.
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