QUESTION: Jason: Please review (I have others for you to see). Also, Paul and I spoke with Cadwalader this morning. Please continue to check the international exchanges online to see if you can locate clearinhouse rules for each exchange. Perhaps you can also find information on the regulatory scheme for the jurisdictions. I suspect we will have to hire outside counsel in each country to answer our concerns. Let's talk. SS
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ANS: Give Up Agreement

QUESTION: Torrey, Rob Benson is currently trading two general power regions (PJM and New York) under one EOL ID. He manages one stack manager of which all deals are mapped to his EPMI-LT-PJM book. He would like to create an additional stack manager so that he can divide the two regions into their own stack and manage them on separate screens. All of the deals would continue to go into the LT-PJM book. Let me know if this would be doable and what I need to do on my side to help out. Thanks!
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ANS: Multiple Stack Manager

QUESTION: Sara, As per your request, attached is the list of all non-terminated financial liquids trades provided to us by Commercial. I have compared this list against the report that Samantha Boyd provided to me earlier re "In and Out of the Money Positions as of 11/30/01". Out of the 51 trades, only 2 are not listed in the report, 5 fall in the "out of the money" category, and the other 44 fall in the "in the money" category. We have set up files for all 51 trades, and review of the top 10 has been completed by Weezie. Please let us know if you have any questions regarding the attached report. Regards,
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ANS:
EGM Liquids Non-Terminated (Financial)