Message-ID: <18764457.1075854131930.JavaMail.evans@thyme> Date: Tue, 23 May 2000 14:56:00 -0700 (PDT) From: brenda.herod@enron.com To: pat.clynes@enron.com, daren.farmer@enron.com Subject: 24 x 5 Products Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Brenda F Herod X-To: Pat Clynes, Daren J Farmer X-cc: X-bcc: X-Folder: \Darren_Farmer_Dec2000\Notes Folders\Logistics X-Origin: Farmer-D X-FileName: dfarmer.nsf Please make sure this is clearly understood by the schedulers. ---------------------- Forwarded by Brenda F Herod/HOU/ECT on 05/23/2000 09:52 PM --------------------------- From: Jennifer deBoisblanc Denny 05/23/2000 05:11 PM To: Steve Venturatos/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Michael Walters/HOU/ECT@ECT, Bryan Hull/HOU/ECT@ECT, Jeff A Crook/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, Ami Chokshi/Corp/Enron@ENRON cc: Torrey Moorer/HOU/ECT@ECT, Tara Sweitzer/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Imelda Frayre/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT Subject: 24 x 5 Products Eric Bass, Texas Desk trader, requested the following product described below be traded on EnronOnline. This product will NOT bridge into Sitara and will have to be put in manually. The reason it will not bridge is due to the fact that it can have multiple stripes of start & end dates rather than one start & end date. Currently, EnronOnline can only send one start & end date per deal therefore it will fail in the bridge monitor and will have to be manually entered into Sitara & subsequently cleared out of the monitor. Since these transactions could flow next day, it is imperative that these transactions get into Sitara as soon as possible. Please read the FULL description below. (This product looks like a month long deal but excludes weekends. The "Wkd" is short for week days.) We do not anticipate a large volume of these transactions but need to be prepared to react quickly when they do. For the future, we are looking into the cost/benefit of EnronOnline having the capability of sending multiple dates for these types of products. If you have any questions, please call me at 3-5824 Thank you. ---------------------- Forwarded by Jennifer deBoisblanc Denny/HOU/ECT on 05/23/2000 02:05 PM --------------------------- Dale Neuner 05/23/2000 10:26 AM To: David Forster/Corp/Enron@Enron, Sheri Thomas/HOU/ECT@ECT, Jennifer deBoisblanc Denny/HOU/ECT@ECT, Jason Althaus/Corp/Enron@Enron, Jason Althaus/Corp/Enron@Enron, Melba Lozano/HOU/ECT@ECT cc: Eric Bass/HOU/ECT@ECT Subject: 24 x 5 Products We are rolling out the use of the 24 x 5 Nat Gas Product commencing tomorrow, May 24th. The Product is a month-long Physical Nat Gas Product traded off the Texas desk. It will be identified as follows: US Gas Phy Exxon Katy WkD Jun00 USD/MM This Product is different from the usual Products traded on the Texas Desk in that the Product description has an indicator of WkD, which designates that the Product only moves gas on a day that is a Monday, Tuesday, Wednesday, Thursday or Friday. These Products WILL NOT bridge into Sitara. Risk personnel will need to be diligent to identify these Products based on the information in the Product Description to ensure that the Products are entered into Sitara correctly (presumably - strips of Monday-Friday trades and the corresponding month-starting days and/or month-ending days). We understand the potential impact of having to manually input these transactions and have asked the appropriate systems personnel to examine the links between EOL and Sitara and consider building bridge capability. In the interim, we anticipate that the trading volume on these Products will be low, and will ask for higher prioritization of the bridging in the event that volumes increase. Dale 3-9746