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Enron Mail |
Dave Forster and I were talking last week concerning the broker agreements
and Dave had a good suggestion. If we included language in the commercial agreement that makes the broker aknowledge that by clicking on the GTC they are agreeing that the contract is similar to the terms and conditions we contemplate with the counterparty and that the damages indicated in the GTC would prevail in the event of a broken trade. This will allow us to use the current GTC click structure, the GTC liquidated damages and any other terms in the GTC we wanted to retain yet not bind them under the other terms of the GTC.
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