The sale is in line with Morgan Stanley’s plan to exit from the sector as regulations have altered its trading in markets such as oil or metals, reported Reuters.
Shell said that the Morgan Stanley’s physical and financial gas and power trades will strengthen and expand its operations in Europe’s core energy markets.
Shell Energy Europe president Slavko Preocanin said: "This acquisition builds on Shell Energy Europe’s proven trading capabilities, deep market knowledge and diverse portfolio, all of which allows us to offer value to our customers.
"Our traders have decades of experience dealing with multiple commodities across a variety of markets using physical as well as financial products.
"This provides innovative solutions for customers to deliver a reliable source of energy, and also to manage the price risk inherent in global commodity markets."
Deutsche Bank, Bank of America and Barclays have recently wirthdrawn from trading power and gas in Europe.
Shell Energy Europe has operations in 20 countries in Europe.
