Message-ID: <15545055.1075844998375.JavaMail.evans@thyme> Date: Tue, 23 Nov 1999 08:29:00 -0800 (PST) From: mark.haedicke@enron.com To: rgrove@isda.org Subject: RE: Membership dues increase Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mark E Haedicke X-To: Richard Grove X-cc: X-bcc: X-Folder: \Mark_Haedicke_Oct2001\Notes Folders\All documents X-Origin: HAEDICKE-M X-FileName: mhaedic.nsf My particular concern is that the large majority of Enron's derivatives business is in North America. We are growing rapidly in derivatives in Europe, but still quite small. In terms of derivatives, we are not a factor on other continents. That is different than major equity, currency or interest rate traders. Mark