TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

WINNIPEG GRAIN PRODUCE CLEARING ASSOCIATION LIMITED [1 record]

Record 1 2001-03-19

English

Subject field(s)
  • Private-Sector Bodies and Committees
  • Grain Growing
OBS

The Winnipeg Commodity Clearing Limited was formed in 1904 to act as a third party guarantor for buyers and sellers of commodity futures contracts traded on the Winnipeg Commodity Exchange. Buyers and sellers of commodity futures do not in fact create financial obligations among themselves or to the Commodity Exchange, but to the clearing house.

French

Domaine(s)
  • Organismes et comités du secteur privé
  • Culture des céréales
OBS

La Winnipeg Commodity Clearing Limited a été constituée en 1904 pour faire fonction d'avaliste pour les acheteurs et les vendeurs relativement aux contrats à terme passés à la Bourse des denrées de Winnipeg. En effet, la responsabilité financière associée à des contrats à terme n'échoit ni aux parties contractantes ni à la Bourse des denrées, mais plutôt à la chambre de compensation.

Spanish

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