Message-ID: <3685676.1075845423159.JavaMail.evans@thyme> Date: Wed, 30 May 2001 10:43:51 -0700 (PDT) From: andy.zipper@enron.com To: vviola@nymex.com, pclark@nymex.com Subject: FW: EnronOnline and NYMEX Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Zipper, Andy X-To: 'vviola@NYMEX.com', 'pclark@NYMEX.com' X-cc: X-bcc: X-Folder: \Zipper, Andy\Zipper, Andy\Sent Items X-Origin: ZIPPER-A X-FileName: Zipper, Andy.pst Let me if you receive this email. -----Original Message----- From: Zipper, Andy Sent: Friday, May 25, 2001 9:10 AM To: 'vviola@nymex.com' Subject: EnronOnline and NYMEX Vin, Glad we could hook up yesterday. The gist of what we are interested in is providing EnronOnline's liquidity to local NYMEX traders. I would like to explore the concept of NYMEX's clearing corp or another clearer standing in the middle between Enron and these locals. EnronOnline's architecture provides for a Master user, such as a Clearing Corp, to set up as many sub-users (local traders) as it wants. Each sub-user has trading rights as designated and controlled by the master. We would envision the Clearing Corp. handling it credit arrangements with the locals, and negotiating its relationship with Enron. I know this is pretty simple stuff, but every long journey starts with a small step. Please let me your interest in pursuing this sort of arrangement or a variant thereof. Thanks, Andy Zipper Vice President Enron Corp.