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Enron Mail |
I believe the start-up of click trading is an opportune time to go electronic
on all aspects of the drafting and negotiation of master energy contracts and confirmations. At least one law firm has a project underway where the goal is to type in the country, the commodity type (including quantity and time) and to have a draft trading contract be the immediate result. The concept is one of "modular" construction of trading contracts with maximum standardization and minimum differences country to country and commodity to commodity. I want everyone to be thinking about how this can be accomplished. I will schedule a meeting on this shortly.
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