Barbara, I am forwarding to you today a fully executed GISB for your client. Also, what is the status of your review of the Master Agreement? Does your client wish to proceed with this agreement? Please advise at your convenience. Best regards,
Answer: GISB
Here are the most recent versions from Clifford Chance. They were sent to Sullivan & Cromwell yesterday to be "Americanized" and are still drafts with a number of open issues yet to be resolved - so we can easily make changes as necessary to solve issues you may raise. The PA = Password Application - to be signed by counterparty & sent to us before a password is issued. The ETA = Electronic Trading Agreement - to be agreed to online before trading is permitted. The ROETA = Read Only ETA - to be agreed to online by persons wishing access to the site to view but not trade (probably misnamed - should be ROPA or something that doesn't sound like they'll be able to trade).
Answer: Online Trading Agreements
Susan: Laurel Adams has an FX deal where RMT must be a party. The counterparty is a 100% owned Enron sub named "Compagnie de Papiers Stadacona". When I last checked, nothing shows up in the corporate database. However, I have verified the name, ownership, etc. with Jeff Blumenthal. I will separately email you the counterparty info that I have. We need a deemed ISDA for the parties. We should later do the ISDA when the information is available on the database (which could be any day, I suppose). I would just use our standard RMT format. Please assign. Feel free to call me or Laurel with questions. Thanks.
Answer: Deemed ISDA
Attached is the Global Contracts report for all physical gas/financial assignments, terminations, and expirations for the month of October. Please let me know if you have any questions. Thanks,
Answer:
October ATE report