date:Oct 19, 2012
of Trade contract, it may prove to be a better fit for ICE.
First, both exchanges are wholly committed to electronic trade: ICE has made a habit of shutting open-outcry trading floors after buying other exchanges in New York and London, while MGEX closed its open-outcry futures pit in 2008.
And both have maneuvered to tap into business from Canada, where the grains market is opening up for the first time since 1943. MGEX last year allowed Canadian wheat to be delivered against its contract, w