Subject: West VaR Reports
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Tue, 14 Aug 2001 14:44:00 -0700 (PDT)

VaR for total power has decreased from $41.9 M to $38.7M.
VaR for the west desk has decreased from $22.7 to $21

Decrease in var for the west desk is due partially to decrease in intra month vol curves (significant change in Aug component var for the NW-LT and NW-ST books) and decrease in overall short position.

 

Minal