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Enron Mail |
April 2, 2001
Via Email Tana Jones Tana.jones@enron.com Enron Dear Tana Jones: The New York Mercantile Exchange is excited and we want to tell you why. NYMEX is about to launch enymexsm and its prospects are invigorating. Over-the-counter (OTC) participants will now be able to execute transactions on the same platform as NYMEX futures. The Exchange plans to use its proven clearing infrastructure to introduce complete counter-party risk management, and create net margining with Exchange futures markets by calculating a consolidated clearing position. Subsequent enymexsm functionality will also provide an internet-based interface to the established Exchange futures market by routing futures orders to the trading floor and the NYMEX ACCESSc electronic trading system, depending on the session. Attached please find information announcing the first slate of products to be offered for listing on enymexsm . Since we value your business as a forerunner in this industry, we are enclosing for your review the sale registration form, which consists of the enymexsm System User Agreement. Please review, sign and return to Robert A. Dagistino, Director of Customer Service, New York Mercantile Exchange, One North End Avenue, New York, N.Y. 10282. Any questions can be answered via email at rdagistino@nymex.com or via telephone at 212-299-2429. The signatory must be an executive officer or partner of the firm. We are also attaching two "click-on screens" that users will view when they first log on to the system. Please note that since the enymexsm products will be cleared you will also need to obtain authorization from a clearing member for your account. A NYMEX team, consisting of members of our Board, local traders and staff, will be visiting each one of you in person. They will discuss with you how to utilize the benefits of NYMEX to achieve precision in many of your customized transactions. We look forward to receiving your registration and participation in what is intended to be the premier, global exchange for forward trading and clearing contracts focusing on energy and metals products. Sincerely, <<...OLE_Obj...<< Neal Wolkoff, Executive Vice President <<enymex information.doc<< <<enymex system user agreement.doc<< <<clickonscreensfinal3282001.doc<< - enymex information.doc - enymex system user agreement.doc - clickonscreensfinal3282001.doc
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