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Enron Mail |
A financial trade v24545 was done with Total International Limited. This
entity is subsidiary of a very good credit customer, TotalElf (S&P rated AA-). Risk is acceptable, small volumes, short tenor, but from a legal standpoint, I do not think this entity is an "Eligible Contract Party" as we have no guaranty support or financial statements to support trading. I noticed that quite a bit of financial trades are currently booked in London with this customer. Does Enron Capital & Trade Resources International Corp. (London financial) have the same ECP requirements as ENA. If so, I would like to know how they have established eligibility. thanks brant
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