Enron Mail

From:jeffrey.gossett@enron.com
To:sally.beck@enron.com
Subject:Single Deal Entry
Cc:
Bcc:
Date:Wed, 21 Feb 2001 01:22:00 -0800 (PST)

Sally -

The IT group has developed a strategic plan for a single point of entry for
non-structured type deals. (the less complex deals) Dana Docherty called
yesterday to inform me that they have some resource issues and it may take
longer than they originally thought. (One Month) She also informed me that
Dave Nommenson would be responsible for the decisions on how quickly this
gets done. I have left Dave a voicemail to stress the importance of this
issue in light of where gas is trading today. Would you also mind letting
him know? I think that this might allow him to better set his priorities.

Thanks for your help.

Jeff

sic
trigger deal can be captured. Entry problem relates if price trigger is
managed in a different book, or if different volume is triggered or
untriggered, than the original deal volume.
6. Physical index deals with the index that is different from the mid for the
location. Such deals need to be broken down into an index, a long basis and a
short basis in TAGG.
7. Percentage index deals that require two legs in TAGG. One leg is index
flat and the other is fixed price deal with zero fixed price and zero basis
and reduced quantity. For example, a 90% index deal with a quantity of 5000
can be broken down into one leg of index flat and the other leg of zero
fixed-price and zero basis and a quantity of 5000*0.1 = 500.
8. Floating basis deals. Deals can be entered with a price and physical
premium component where the basis will default to the actual basis settle.
These deals are sometimes entered as trigger deals with a floating basis.
The deal looks like a straight index deal, however the price can be triggered
and the basis will default to actual.



I would appreciate your comments.

Zhiyong