Enron Mail

From:tana.jones@enron.com
To:mark.taylor@enron.com
Subject:Re: Online Trading
Cc:
Bcc:
Date:Wed, 29 Sep 1999 00:57:00 -0700 (PDT)

---------------------- Forwarded by Tana Jones/HOU/ECT on 09/29/99 07:56 AM
---------------------------


Justin Boyd
09/29/99 04:47 AM
To: Tana Jones/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT
cc:
Subject: Re: Online Trading

Tana,

ECT Houston can engage in commodity/weather derivatives trades direct with
French counterparties, without having to use EEFT as the UK regulated
arranger. Put another way, whatever ECTRI can do from a regulatory
perspective, the same applies to ECT Houston. Please refer to the completed
list that Edmund sent.

As for engaging in derivatives trades with utilities, this does not give rise
to the issues as under US laws. [In respect of new counterparties, standard
due diligence as to corporate authority, etc will need to be done].

Hope all's well!

Justin/Ed






Enron Capital & Trade Resources Corp.

From: Tana Jones 28/09/99 16:48


To: Justin Boyd/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT
cc: Mark - ECT Legal Taylor/HOU/ECT@ECT
Subject: Online Trading

Per Mark's conversation, you were going to get back to us on the scoop on
France and utility counterparties. Any update?