Winnipeg exchange reorganizes after ICE tie-up

Canada's Winnipeg Commodity Exchange has reorganized its top management as it shifts to the Intercontinental Exchange platform with both options markets seeking mutual benefits from their tie-up.

William Hill, who was formerly Winnipeg's senior vice-president, was named president and chief operating officer. He replaces Michael Gagne, who retired from the president and chief executive officer role as part of the sale of Winnipeg to ICE earlier this month for C$50m ($47m).

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