London Calling
TRADING TECHNOLOGY
The battle has been joined and traders are feeling the heat. In February, Greenpeace protesters stormed the floor of the International Petroleum Exchange (IPE) in London, where witnesses reported a donnybrook between protesters and the energy traders. While the event highlighted the problems with security on an open-outcry floor versus an electronic exchange, the security threat was quickly forgotten when, just weeks later, the IPE dropped a bombshell that has had traders up in arms. Starting
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