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Hi Richard,
Lloyd Fleming introduced me to the key personnel on the trading and risk side at MG today; I spent most of today discussing forward curves and option volatilities with Tim Jones, Russell Plackett and Jon Barrett. I hope to be able to get historical data from David Thompson to facilitate forward curve analysis for our VaR models. Also discussed valuation issues (e.g. option on calendar spread that they need a model for). Also was able to get a good understanding of trading strategies and nuances of aluminum, copper and nickel markets. Regards, Anjam x35383 Richard Sage 04/07/2000 02:37 To: STOP: Mike Jordan/LON/ECT@ECT, Andrew Cornfield/LON/ECT@ECT, Naomi Connell/LON/ECT@ECT, Stephen Wood/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT, Andrea M Kerch/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT, Tim Davies/LON/ECT@ECT, David Hardy/LON/ECT@ECT, Barry Sangster/LON/ECT@ECT, Robert Campbell/LON/ECT@ECT, Alex Holland/LON/ECT@ECT, Michael Heap/LON/ECT@ECT, Phil Redman/LON/ECT@ECT, Fiona Grant/LON/ECT@ECT, Toby Knight/LON/ECT@ECT, Melissa Laing/LON/ECT@ECT, Jeanie Slone/LON/ECT@ECT, Beth Apollo/LON/ECT@ECT, Mark Pickering/LON/ECT@ECT, Suzanne Lane/LON/ECT@ECT, Stephen Evans/LON/ECT@ECT, Niamh O'Regan/LON/ECT@ECT, Anjam Ahmad/LON/ECT@ECT, Fernley Dyson/LON/ECT@ECT, Eric Gadd/LON/ECT@ECT cc: Subject: Re: MG Integration Support - daily update #6 Deal entry The need for 3 data-entry clerks becomes clearer when we understand that between 200 and 2000 manual deal tickets are written each day which then have to be keyed in. Romulus The trading assets of Rudolf Wolff in London and New York were bought after close of play on Friday. Included with the metals trading is a proprietary FX desk, and a softs desk, trading coffee, cocoa, and sugar. The softs people are expected to arrive in Enron House at the end of July. EOL Two metals trades have been executed on EOL.
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