Message-ID: <13817343.1075844807013.JavaMail.evans@thyme> Date: Mon, 2 Apr 2001 10:12:00 -0700 (PDT) From: melba.lozano@enron.com To: mark.taylor@enron.com, tom.moran@enron.com, jeff.blumenthal@enron.com, susan.musch@enron.com, bjorn.hagelmann@enron.com, matthew.gockerman@enron.com, clara.carrington@enron.com Subject: Approval needed for new Foreign Currency product Cc: william.stuart@enron.com, sara.shackleton@enron.com, lisa.lees@enron.com, stephanie.sever@enron.com, tana.jones@enron.com, karen.lambert@enron.com, kelly.lombardi@enron.com, tara.sweitzer@enron.com, dawn.kenne@enron.com, torrey.moorer@enron.com, robert.cass@enron.com, kevin.meredith@enron.com, chris.walker@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable Bcc: william.stuart@enron.com, sara.shackleton@enron.com, lisa.lees@enron.com, stephanie.sever@enron.com, tana.jones@enron.com, karen.lambert@enron.com, kelly.lombardi@enron.com, tara.sweitzer@enron.com, dawn.kenne@enron.com, torrey.moorer@enron.com, robert.cass@enron.com, kevin.meredith@enron.com, chris.walker@enron.com X-From: Melba Lozano X-To: Mark Taylor, Tom Moran, Jeff Blumenthal, Susan Musch, Bjorn Hagelmann, Matthew F Gockerman, Clara Carrington X-cc: William Stuart, Sara Shackleton, Lisa Lees, Stephanie Sever, Tana Jones, Karen Lambert, Kelly Lombardi, Tara Sweitzer, Dawn C Kenne, Torrey Moorer, Robert B Cass, Kevin Meredith, Chris Walker X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Your review and approval of the following product type in the EOL Datamanag= er=20 is needed (for directions on approval , please see steps for approval at th= e=20 bottom of this e-mail). If you have any questions please call me at ext.=20 58986. =20 ********* DO NOT APPROVE PRODUCT TYPES BETWEEN THE HOURS OF 6AM -=20 11AM*********** Trader: William Stuart Apr-Oct product A currency Transaction with Enron North America Corp. (=01&ENA=018), under = which=20 either (A) for the case in which Counterparty submits an offer to buy from= =20 ENA, Counterparty shall pay a Fixed Amount of CAD and shall receive the=20 Floating Amount of CAD, or (B) for the case in which Counterparty submits a= n=20 offer to sell to ENA, Counterparty shall receive the Fixed Amount of CAD an= d=20 shall pay the Floating Amount of CAD. Each calendar month during the term o= f=20 the Transaction will be a Calculation Period; provided however, that in the= =20 event the term of the Transaction is a single future date, the Calculation= =20 Period shall be the date set forth in the Product description on the Websit= e.=20 The Notional Amount per Calculation Period shall equal the USD Amount=20 submitted by the Counterparty via the Website divided by the number of=20 Calculation Periods during the term of the Transaction. The Fixed Amount of= =20 CAD payable per Calculation Period shall equal the product of the Notional= =20 Amount per Calculation Period multiplied by the Fixed Forward Rate, which= =20 shall be the price submitted by the Counterparty via the Website. The=20 Floating Amount of CAD payable per Calculation Period shall equal the produ= ct=20 of the Notional Amount per Calculation Period multiplied by the Floating=20 Settlement Rate. The Payment Date shall be the Business Day following the Valuation Date. Th= e=20 Valuation Date for each Calculation Period shall be the first Business Day = of=20 such Calculation Period. The term of the Transaction shall be from the Effective Date of 02 Apr 2001= =20 to the Termination Date of 01 Oct 2001. The Floating Settlement Rate for each Calculation Period shall be the USD/C= AD=20 rate equal to the rate set forth on Reuters page BOFC under the headings=20 'Bank of Canada'; 'Canadian Dollar' Exchange rates'; 'Noon', opposite the= =20 caption 'USD' as of 12:00 p.m. noon, Toronto time, on the Valuation Date. The price is quoted in CAD per USD. CAD will be the Settlement Currency. May 1, 2001 (single day) A currency Transaction with Enron North America Corp. (=01&ENA=018), under = which=20 either (A) for the case in which Counterparty submits an offer to buy from= =20 ENA, Counterparty shall pay a Fixed Amount of CAD and shall receive the=20 Floating Amount of CAD, or (B) for the case in which Counterparty submits a= n=20 offer to sell to ENA, Counterparty shall receive the Fixed Amount of CAD an= d=20 shall pay the Floating Amount of CAD. Each calendar month during the term o= f=20 the Transaction will be a Calculation Period; provided however, that in the= =20 event the term of the Transaction is a single future date, the Calculation= =20 Period shall be the date set forth in the Product description on the Websit= e.=20 The Notional Amount per Calculation Period shall equal the USD Amount=20 submitted by the Counterparty via the Website divided by the number of=20 Calculation Periods during the term of the Transaction. The Fixed Amount of= =20 CAD payable per Calculation Period shall equal the product of the Notional= =20 Amount per Calculation Period multiplied by the Fixed Forward Rate, which= =20 shall be the price submitted by the Counterparty via the Website. The=20 Floating Amount of CAD payable per Calculation Period shall equal the produ= ct=20 of the Notional Amount per Calculation Period multiplied by the Floating=20 Settlement Rate. The Payment Date shall be the Business Day following the Valuation Date. Th= e=20 Valuation Date shall be the date set forth in the Product description on th= e=20 Website.=20 The term of the Transaction shall be the date set forth in the Product=20 description on the Website.=20 The Floating Settlement Rate for each Calculation Period shall be the USD/C= AD=20 rate equal to the rate set forth on Reuters page BOFC under the headings=20 'Bank of Canada'; 'Canadian Dollar' Exchange rates'; 'Noon', opposite the= =20 caption 'USD' as of 12:00 p.m. noon, Toronto time, on the Valuation Date. The price is quoted in CAD per USD. CAD will be the Settlement Currency. =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D =3D=3D=3D=3D=3D STEPS FOR APPROVAL: click the START button=20 select PROGRAMS select TEST APPLICATIONS select ENRONONLINE CLUSTER(PROD) PROCEED WITH USUAL LOGIN/PASSWORD=20 click the Enron Online Production Cluster "START" button =20 select EnronOnLine (this is the EOL Datamanager) PROCEED WITH EOL LOGIN/PASSWORD click on the "+" for EnronOnLine click on the "+" for Product Types click on the "+" for "Partially Approved" select the product requiring review as stated in e-mail above Right "mouse" click on "properties" to view product set-up=20 TO APPROVE: Right mouse click on "Approved"