NEW YORK - A group of U.S. and European financial institutions and energy companies said Tuesday that they are forming an Internet marketplace for commodities trading.Financial firms in the IntercontinentalExchange venture include Deutsche Bank, Goldman Sachs Group Inc., Morgan Stanley Dean Witter & Co., and SG Investment Banking, a division of Societe Generale. Among the energy companies are BP Amoco, Royal Dutch/Shell Group, and Totalfina Elf Group.

The Atlanta-based outfit plans to begin trading in a variety of petroleum and precious metals-based products this year and to develop markets for commodities such as natural gas, electrical power, and base metals.

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