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Enron Mail |
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The coal team have provided a list of counterparties that they are initially
interested in trading with. These are a sub set of the whole list that was sent to you a few days ago. Both lists are attached in the spreadsheet and labelled as follows: Priority - this is a list of the counterparties that the coal team are initially interested in for trading online (these are also included in the list entitled Now); Now - this is the list of the following: Current coal profiles on EOL Customers initially reviewed / preapproved but not on EOL yet New Counterparties for EOL for review Please note that all these counterparties need to be reviewed as soon as possible, with an initial focus on the priority list. Regards Arfan x35378 ---------------------- Forwarded by Arfan Aziz/LON/ECT on 13/04/2000 17:49 --------------------------- Edmund Cooper 11/04/2000 19:43 To: Enron London - EOL Product Control Group/LON/ECT@ECT cc: David Hardy/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, ECT London Credit, Enron London - EOL Product Control Group/LON/ECT@ECT, Mark Dilworth/LON/ECT@ECT, Peter Bradley/LON/ECT@ECT, David Forster/Corp/Enron@Enron, Frank L Davis/HOU/ECT@ECT, Product Control - Houston, Robert Quick/LON/ECT@ECT, Paul Simons/LON/ECT@ECT Subject: Re: Coal Counterparties Please take note of the following: The revised EOL coal documentation (which is still being worked on), and the product itself, provides for financial close-out of the contract in certain circumstances as opposed to physical delivery. This revised product now falls within the ambit of regulation for financial settled derivative products and should therefore be treated as such in your counterparty review. Please feel free to contact myself or Paul Simons if you have any queries on the regulatory perspective of this, or myself or Peter Bradley if you have any queries on the product structure. Thanks, Edmund. Enron London - EOL Product Control Group 04/11/2000 07:35 PM Sent by: Arfan Aziz To: David Hardy/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT cc: ECT London Credit, Enron London - EOL Product Control Group/LON/ECT@ECT, Mark Dilworth/LON/ECT@ECT, Peter Bradley/LON/ECT@ECT, David Forster/Corp/Enron@Enron, Frank L Davis/HOU/ECT@ECT, Product Control - Houston Subject: Caol Counterparties Please find attached a list of counterparties for European coal trading that needs to be reviewed for EOL. The list is made up as follows: The first section of this list is a download form EOL and shows the current access that EOL active counterparties have to coal products. Can we use these same profiles when we go live with our European Coal product ? Please note that T stands for execute status on EOL and R only read access. Also the column entitled C shows whether the counterparty has With Collateral (labelled N) or Without Collateral (labelled Y) GTCs currently marked on EOL. The second half of this list (which begans at row 1561) are the new Counterparties that the UK Coal traders would like to get approved for trading Coal online. Please note that these customers have not applied for EOL as yet and those labelled NEW are new to Enron (GCP has also been informed) Please contact me if you have any further queries, Regards Arfan
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