Enron Metals

Hi Tanya

Thanks for your time last week - I've been travelling a bit but I'm now back
in London at MG to commence obtaining information for you.

I'm not really sure where to start on this, so initially I propose to get:

a complete data set (i.e. all live trades from all entities) which includes
prices and volatilities
a separate file of options
any written valuation methodologies used by the core systems

There is a project to obtain a data feed from an MG system called Mercur.
This is their risk management system but we are proposing to use it along the
lines of a data warehouse, not a risk system. I'd be happy to talk you
through any other current issues.

Let me know if there's anything else you need at present.

Regards