Tradenet, Ram Dynamics Target Energy Trading

THIS WEEK'S LEAD STORIES

After the October 1987 stock market crash, the construction of new trading rooms by banks and brokerage firms nearly came to a halt in North America and Europe. But there was a bright spot as oil companies built new facilities for trading energy products.

Last fall, Exxon went live with a new trading room in Florham Park, N.J. Exxon officials declined to be interviewed about the new facility and would not even disclose the number of positions in the room.

Sources say Exxon used software

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