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Enron Mail |
Attached are the online contracts.
Robert Bruce@ENRON Sent by: Robert Bruce@ENRON 04/09/2001 10:46 AM To: Tana Jones/HOU/ECT@ECT cc: Sara Shackleton/HOU/ECT@ECT Subject: Tana, the products listed below (as I understand) comprise the initial products for the EOL roll-out. It is unusual that ECTRIC, rather than ENA, will be the Enron party, even with respect to transactions that will be confirmed out of the U.S. This is something Mark and I (as well as tax and credit) have scrubbed at length and approved. Enron principal counterparty for each: ECTRIC Each product is a financially-settled swap (NO OPTIONS) (1) Coffee swap -- NYBOT reference price (executed by ECTRIC from Houston) (2) Coffee swap -- LIFFE reference price (executed by ECTRIC/EEFT from London) (3) Coffee basis swap -- NYBOT/LIFFE spread (executed by ECTRIC from Houston) (4) Sugar swap -- NYBOT reference price (executed by ECTRIC from Houston) (5) Sugar swap -- LIFFE reference price (executed by ECTRIC/EEFT from London) (6) Sugar basis swap -- NYBOT/LIFFE spread (executed by ECTRIC from Houston) (7) Cocoa swap -- NYBOT reference price (executed by ECTRIC from Houston) (8) Cocoa swap -- LIFFE reference price (executed by ECTRIC/EEFT from London) (9) Cocoa basis swap -- NYBOT/LIFFE spread (executed by ECTRIC from Houston) I will immediately look into whether there would be special restrictions for swaps on coffee, sugar and cocoa with respect to Australian, Singapore and Hong Kong counterparties (I think these are the three most likely non U.S./European jurisdictions at this point) Robert E. Bruce Senior Counsel Enron Wholesale Services T (713) 345-7780 F (713) 646-3393 robert.bruce@enron.com
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