The canola markets, currently based at ICE Futures Canada in Winnipeg, are set to be moved to New York near the end of July, pending regulatory approval.
Canola was the last remaining commodity listed in Winnipeg, after a number of cereal crop futures were closed last year.
ICE acquired the Winnipeg Commodity Exchange back in 2007.
Canola contracts will remain in Canadian dollars and delivery point will not change.
Source : Steinbachonline