Message-ID: <33550163.1075858946204.JavaMail.evans@thyme> Date: Wed, 3 Oct 2001 12:21:38 -0700 (PDT) From: tana.jones@enron.com To: brandon.wax@enron.com Subject: RE: Technology Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jones, Tana X-To: Wax, Brandon X-cc: X-bcc: X-Folder: \TJONES (Non-Privileged)\Jones, Tana\Sent Items X-Origin: Jones-T X-FileName: TJONES (Non-Privileged).pst Brandon, I need the full legal name & address of this company. Thanks... -----Original Message----- From: Wax, Brandon Sent: Wednesday, October 03, 2001 2:19 PM To: Jones, Tana Subject: FW: Technology Tana- Could you please forward a draft NDA to Rick Gomes at HSBC. They are looking at a potential Object Code license or the potential to post their F/X products on EOL. Thanks, WAX -----Original Message----- From: Rick.Gomes@us.hsbc.COM [mailto:Rick.Gomes@us.hsbc.COM] Sent: Tuesday, October 02, 2001 8:33 PM To: Wax, Brandon Subject: Re: Technology Hi Brandon I received your message and have been attending an off-site this week so apologies for the day delay in responding. We have reviewed a couple of different possibilities which I will describe and then based on your needs, we can follow up with the more specific questions. The simplest and fastest path to take would have us streaming FX quotes to your site, preferably via RV messsaging. These would be indicative quotes and could be streamed 24 hours/day. For trading,we could place on the site a button that would launch a new HTML window that would in effect be our app that could credit check, quote, and autotrade the transaction. The second path involves integration into your platform. The main issue I see is the construction of the price-we would typically tier based on the transaction size and currency. Our platform ordinarily requires the user to state the currency pair and amount before we transmit the quote. We also have 'brakes' on the system; sanity checks, staleness checks etc that temporarily disable autotrading and alert the traders. If the second path is preferred, I believe we would need to see if your market manager could handle our requirements or if we need to use a different approach. I believe the credit checking portion would not be a difficult hurdle. The third path is a white labelling type approach where we simply provide Enron with liquidity, and Enron uses our price as a wholesale source, adds whatever spreads it would like, and be in the middle of the transaction. I understand this would be a business decision away from you, but if it is a possibility that would change the technical requirements. I will give you a call tomorrow afternoon to follow up . Thanks Rick Gomes ******************************************************************** This message and any attachments are confidential to the ordinary user of the e-mail address to which it was addressed and may also be privileged. If you are not the addressee you may not copy, forward, disclose or use any part of the message or its attachments and if you have received this message in error, please notify the sender immediately by return e-mail and delete it from your system. Internet communications cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, arrive late or contain viruses. The sender therefore does not accept liability for any errors or omissions in the context of this message which arise as a result of Internet transmission. Any opinions contained in this message are those of the author and are not given or endorsed by the HSBC Group company or office through which this message is sent unless otherwise clearly indicated in this message and the authority of the author to so bind the HSBC entity referred to is duly verified. ********************************************************************