I went through our Lotus Notes Master Swap Agreement Database and determined that the following masters do not permit power: The Bakersfield Californian newprint only Bayerische Hypo-und Vereinsbank AG no commodity transactions CGAS, Inc. natural gas only (are currently shut down for trading because authority certificate only covered one trade) Coastal Gas Marketing Company natural gas transactions only Credit Lyonnais New York Branch (AAA Program) no commodity transactions E.W. Scripps Company (The) 48.8 gram newsprint swaps only Lehman Brothers Special Financing, Inc. no commodity transactions. Weather is ok Mellon Bank NA FX and currency option transactions only Midland Bank plc FX and currency option transactions only National Westminster Bank FX and currency option transactions only Palladium Insurance Limited weather only Phibro, Inc. energy price swaps based on fixed and floating prices of natural gas, crude oil or oil products and/or call and put options based on the prices of natural gas, crude oil or oil products Praxair, Inc. natural gas only PXRE Corporation weather only St. Paul Re (Bermuda) Ltd. weather only Tempest Reinsurance Company Limited weather only Westdeutsche Landesbank Gironzentrale FX and currency option transactions only
Answer: Power Financial Trading Limitations
Following is a very basic list of contracts we are currently expecting to perform to/serve as an ongoing concern in the estate. This is not nearly the detail you need, but it's a start: Gas Retail Gas Book (900+ contracts behind 18 LDC's) Enovate/Peoples Contracts FPL Gas Agreements Midland Cogen Keyspan (Lilco) Dominion Oklahoma City of Tallahassee Oxy Miscellaneous wholesale contracts TBD Power West Retail Book (140+ Contracts, All-Requirements, avg. 1000MW load) West Whlse Book (32 Contract groups identified, @ 1000MW load too) Nepool Retail East Wholesale(Currently 19 contracts) Miscellaneous wholesale contracts not yet identified Other There will be numerous other "physical" assets that will be a part of this including: generation development sites Bridgeline/LRC Napoleonville Storage Michigan Asset Mgmt. Sithe contracts East Coast Power contracts LNG contracts etc. Sally has a hard-copy with a little more detail. Several of us will be getting together either tomorrow or Sunday to put together as much of the infrastructure together as possible. We're going to need at least a draft of the backoffice people and boxes. We'd also like you to be a part of it if possible. We'll send out an email/voicemail to let everyone know when/where.
Answer: Infrastructure platform
REMINDER!!! You are enrolled in the following. Derivatives II November 1 & 2, 2001 in EB552 8:00 am - 5:00 pm (both days) Please complete the following quizzes and bring to class Please be on time
Answer: Derivatives II
Joe, I got a call from the Coral people that a corrected confirm had already been sent to them PRIOR to us getting them to sign the consent to assignment of the trade. I'm sure whoever prepared it on the confirm desk didn't know I was working on this, but I told the Coral people I still needed the assignment back signed to keep our paperwork straight. Even tho I hate to have to do the additional work, with these EOL trades, there is no "oops" trade. Once we enter into the trade with 1 entity of a counterparty, we cannot just "move" the trade. We need the consent of the assignor and assignee so there is not question later on down the line that the trade was not legally moved. If eveyone on your team is not aware of this, can you mention it at your next group meeting...thanks!
Answer:
Coral deal done in error on EOL