Enron Mail

From:greg.piper@enron.com
To:greg.whalley@enron.com
Subject:ICE charges
Cc:brad.richter@enron.com
Bcc:brad.richter@enron.com
Date:Sun, 21 Oct 2001 08:46:17 -0700 (PDT)

ICE charges effective October 2nd (Savita worked this up for me):

Natural gas physical, swaps and options $.00025 per MMBtu

No charge for one leg of spread trade and no charge for swap when traded as hedge with option.

Firm Power forwards and options $.005 per MWHr

WTI and Brent for crude swaps $.0025 per barrel and $.0035 per barrel for options

We are still trying to determine their profitability, etc. They did come out with total trade counts and volumes for the last year. We have a call with them next week to introduce Richter to Sprecher and see if there is anything we can do together related to an API or CommodityLogic.

Thanks.

GP