Quick Question RE: COMEX bid/offers for Reuters

Hi Mark - I see Mark Greenberg is away until tomorrow , so would you be able
to help us out with this one? Just need to make sure we're okay to feed our
physical metals prices to Reuters. Specifically, can you confirm we don't
have any agreements in place with NYMEX and/or COMEX which would restrict us
from doing so (specifically the same live bids/offers posted on
EnronOnline)? The only reference to 'COMEX' in these products is in the long
description (see below).

Thanks,
Paul
x32310
---------------------- Forwarded by Paul Goddard/EU/Enron on 10/04/2001 10:09
---------------------------

Paul Goddard
09/04/2001 13:46
To: Mark Greenberg/NA/Enron@ENRON
cc: Justin Boyd/LON/ECT@ECT, Dave Samuels/hou/ect@ect, Imelda
Frayre/LON/ECT@ECT, Julie Ferrara/HOU/ECT@ECT

Subject: Quick Question RE: COMEX bid/offers for Reuters

Hi Mark - Justin suggested I contact you to see if there would be any issues
with us feeding our live EOL COMEX physical metals quotes to Reuters (as part
of our new deal with them to feed them various live bids/offers for various
markets). Our sense is that this is fine, but we want to be sure.

Example Products (both Short and Long Description would be viewable on the
customer's Reuters terminal):

Product Short Description Product ID
US Cu Phy Hi-Grd Whse May 01 36916
US Cu Phy Hi-Grd Whse Jul01 45368

Sample Long Description (references to COMEX)

Q1: Do we have any restrictions on us that would preclude us from doing
feeding these 'COMEX' quotes to Reuters? (e.g. legal agreement with NYMEX /
COMEX in place ?)
We are hopeful that no such restrictions exist but want to make sure before
proceeding further.

Q2: Are you aware of any other restrictions that would restrict us from
feeding quotes for any of our other physical metals products to Reuters?
(Unfortunately, we cannot post our financial LME quotes to Reuters as this
would violate LME rules, hence our desire to at least feed our Physical
quotes).

Sorry for the short notice but could you get back to me today on this? We
are trying to finalize today the list of metals products which we can include
in the feed.
Many thanks,
Paul Goddard
EnronOnline
x32310

---------------------- Forwarded by Paul Goddard/EU/Enron on 09/04/2001 13:35
---------------------------

Paul Goddard
06/04/2001 18:12
To: Imelda Frayre/LON/ECT@ECT
cc: Dave Samuels/hou/ect@ect, Andy Zipper/Enron@EnronXGate, Michael
Bridges/NA/Enron@ENRON, Julie Ferrara/HOU/ECT@ECT

Subject: RE: COMEX bid/offers for Reuters

Just spoke with David Lilley and he is onside for us to post the 2 physical
US Cu products listed below (36916 and 45368), and if possible, the following
other Asian (Shanghai and Singapore) products as well:

41457
41465
41467
41469
41459

444513

He is also keen to add European copper soon , but needs to work on tightening
the spreads on these products first so would like to hold off just now.

Imelda/Julie - can you look at mapping these if there are no other issues?
One possible issue is that the long description for the 2 US Cu's may still
contain the reference to 'COMEX' . Apparently legal had concerns with this ,
so they were planning to change this to 'CX' or similar.

Thanks,
Paul
x32310
---------------------- Forwarded by Paul Goddard/EU/Enron on 06/04/2001 18:04
---------------------------

David Lilley
06/04/2001 16:09
To: Paul Goddard/EU/Enron@Enron
cc: Imelda Frayre/LON/ECT@ECT, Dave Samuels/hou/ect@ect, Andrew R
Baldock/EU/Enron@Enron, Michael Farmer/EU/Enron@ENRON, Irma
Hunt/EU/Enron@Enron

Subject: RE: COMEX bid/offers for Reuters

I would very much like to have these product prices published on Reuters,
please call me on x32093 to discuss.

There are other physical products which I will show you if you would like to
come to my desk.

Rgds

Paul Goddard
06/04/2001 14:27
To: David Lilley/EU/Enron@Enron
cc: Imelda Frayre/LON/ECT@ECT, Dave Samuels/hou/ect@ect

Subject: RE: COMEX bid/offers for Reuters

Hi David - wanted to check with you to see if you would be okay with us
feeding live bids/offers to Reuters for the COMEX products shown below.
Originally, when I met with Joe Gold some weeks ago, we had intended to feed
many of our LME prices to Reuters, but due to the LME member rules
restricting us, we were precluded from doing so.

As such, we are hoping that we could at least feed the live quotes we have in
place for the 2 physical COMEX products (and , if possible , the financial
COMEX lookalike). As part of our deal with Reuters, both we and Reuters are
very keen to feed some quotes for metals products. Also, if there are any
other non-LME restricted physical products you know of, we may be interested
in feeding these as well.

Could we have a quick chat about this before the end of today ?

Many thanks,
Paul
(Manager, EnronOnline)
x32310

Product Description Product ID
US Cu Fin COMEX Lookalike Jan01 31177
US Cu Phy Hi-Grd Whse May 01 36916
US Cu Phy Hi-Grd Whse Jul01 45368