Per my conversation with Frank, this counterparty wants to trade weather online. However, they have the old style ERMS Master in place which only covers energy commodities. I spoke to Scott Tackett on the Confirm Desk, and he is going to add language to the confirm that puts the trades under the master agreement. I also spoke to Tanya Rohauer in Credit and she is going to move this counterparty up on the list for an ISDA replacement master. So, they are OK to open for weather.

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Dynegy Marketing and Trade