Different Technologies For BP Oil, AET Trading Rooms As Parents Plan Merger
ENERGY TRADING
LONDON--The energy trading divisions of two oil company giants--BP Oil Trading Inter national, the trading subsidiary of British Petroleum, and Amoco Energy Trading (AET), a division of the Chicago-based oil company Amoco--apparently have nothing in common when it comes to trading room technology.
The parent companies of each are moving ahead with a $110 billion merger expected to be complete by the end of the year. British Petroleum will hold 60 per cent of the stock of the merged giants, and
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