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Enron Mail |
---------------------- Forwarded by Scott Neal/HOU/ECT on 03/01/2001 07:43 AM
--------------------------- Robert B Cass 02/21/2001 05:33 PM To: EOL North America Traders cc: David Forster/Corp/Enron@Enron, Savita Puthigai/NA/Enron@Enron, Sheri Thomas/HOU/ECT@ECT, Jennifer deBoisblanc Denny/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Chris Walker/HOU/ECT@ECT Subject: NOTICE TO ALL ENRONONLINE TRADERS Before you begin trading your EnronOnline products on March 1st ... Review the dates on your products. We are in the process of converting "regular" products to "Tokenized Reference Period" Products. A Tokenized Reference period product is one which the system sees as "Day Ahead", "Month Ahead", "Month Ahead +1", etc - but this is not what you or your customers see. At midnight every night, the system checks the current date and then CHANGES the dates shown on the Product Description. For example, if Product #20451 is "Month+1", then on Feb. 28, the Short Description on the Website and in Stack Manager would show "April1-30". However, on March 1, the system will automatically change the date of Product #20451 to show "May1-31". Note that the Product number stays the same, but the date has automatically updated. When all of your Products use Tokenized Reference Periods, this works fine - your links all stay on the same relative date (links are between Product Numbers, not between Product Short Descriptions, so as the date changes, it might look like your links are changing, but in fact they have stayed on the same Product all the time - only the date changed). Believe it or not, changing to Tokenized Reference Periods will make your life easier in the long run - you will not have to continually create new Products and links. Links between Products which share the same dates should continue in effect as the dates of both the Parent and Child change together. The important thing to remember here is that for monthly Products which have Rolling Tokenized Reference Periods, the dates will continue to change automatically on the 1st day of each new month. For example: On Feb. 28, the "Prompt Month" product will be March; but on March 1, it will become April, etc. On Feb. 28, the "Prompt +1 Month" product will be April; but on March 1, it will become May. etc. To verify if your product has a Tokenized Reference Period or if it has a specific date, please review your product in Product Manager under the 1st tab marked "Product Details." Your product will be "Tokenized" if it has the following applications: There will be a check mark in the box after "Lifespan Tokenized?" The term "Prompt Month" or "Prompt Month +1" will be displayed in the next scroll-down box. If you have any questions about the set-up of your products, please contact the following members of the EnronOnline Product Control Group: Rob Cass x 35491 Kevin Meredith x 39555 Melba Lozano x 58986 Chris Walker x 37533
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