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Enron Mail |
I may not understand the question, but Legal does not need to be informed of
each ETA that is executed. Karen Lambert 11/19/99 03:06 PM To: Stacy E Dickson/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT cc: Connie Sutton/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT Subject: EOL Contractual Relationships Please confirm whether legal does or does not require Global to track contractual relationships with counterparties where an Electronic Trading Agreement exists but there are no Online GTC's. Thank you, Karen ---------------------- Forwarded by Karen Lambert/HOU/ECT on 11/19/99 02:49 PM --------------------------- Dale Neuner on 11/19/99 11:11:47 AM To: Karen Lambert/HOU/ECT@ECT cc: Bob Shults/HOU/ECT Subject: Notice to Global Counterparty I spoke to Mark Dilworth about our discussion re: Global Counterparty being notified via e-mail whenever a customer 'signs' an ETA or GTC. Mark seems to think that this methodology is rather difficult, and the liklihood of it being accomplished anytime soon is LOW. There is a report that will be generated with each days trading that will identify who our Active customers are (meaning a User ID and Password has been issued). That report will give us that day's exposure; exposure meaning there was activity for that customer, for that day; no exposure meaning there was no activity for that customer, for that day. With activity we would know that an ETA had been signed, and then you could go in and see that the GTC had been signed off (should be simple, as the GTC would match the Product Type being traded). This report would identify new customers as they traded, but would not identify those customers that sign an ETA and do not do any trades. Mark has agreed that our idea is certainly do-able for Phase 2. Dale 3-9746
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