Spreadsheet: sara_shackleton__36591__0111MarginRequirements
Sheet: 1101

FUTURES MARGIN REQUIREMENTS
2001-11-02 00:00:00
2001-11-01 00:00:00
 | US $$$ |  |  |  |  |  |  |  |  |  |  |  | CANADIAN $$$
Broker | TE | Credit Facility Covering TE | TE Less CreditCoverage | Net Option Value | Initial Margin | Line of Credit Covering Initial Margin (except EDF [NAME] see calc below) | Initial Margin Less Line of Credit Covering Initial Margin |  | Daily Facility Movement Inc/(Dec) Line |  | Wire Day Cash In/(Out) |  | OTE | Initial Margin
ABN-Amro Inc | 428959.796000028 |  | 428959.796000028 | 0 | 388300 |  | 388300 |  |  |  | 40659.79600002803
ADM INVESTOR | 0.2690000056172721 |  | 0.2690000056172721 | 0 | 0 |  | 0 |  |  |  | 0.2690000056172721
BANK ONE | 0.2200000286102295 |  | 0.2200000286102295 | 0 | 0 |  | 0 |  |  |  | 0.2200000286102295
CARR FUTURES (NG) | 0 |  | 0 | 0 | 0 |  | 0 |  |  |  | 0
CARR FUTURES INC. | 2725728.670616444 |  | 2725728.670616444 | 0 | 2596565.03 |  | 2596565.03 |  |  |  | 129163.6406164444
CREDIT SUISSE FIRST BOSTON | 2215520.19 |  | 2215520.19 | 0 | 1400544 |  | 1400544 |  |  |  | 814976.1900000013
EDF MAN   (see note below) | 70869989.65599978 | 8099229 | 62770760.65599978 | -29673095.40000004 | 16900771 | 16900771 | 0 |  |  |  | 24296123.25599974
FIMAT * | 11279510.905 |  | 11279510.905 | 0 | 10062141 |  | 10062141 | 1 | -1122012.94 |  | 95356.96499999752
HSBC - US$ | 458048.2571520002 |  | 458048.2571520002 | 0 | 375311 |  | 375311 |  |  |  | 82737.25715200021
HSBC - Canadian | 0 |  | 0 | 0 |  |  | 0 |  |  |  | 0 |  | 330082.9 | 153120
JP Morgan | 465511.02 |  | 465511.02 | 0 | 556520 |  | 556520 |  |  |  | -91008.98000000045
[NAME] | 0 |  | 0 | 0 | 0 |  | 0 |  |  |  | 0
PARIBAS | 29674727.05000012 |  | 29674727.05000012 | 0 | 22178414 | 22178414 | 0 |  | -13867638 |  | -6371324.94999988
PRUDENTIAL SI | 421351.5414212093 |  | 421351.5414212093 | 0 | 392150 |  | 392150 |  |  |  | 29201.54142120935
REFCO, INC | 0.05900000694032315 |  | 0.05900000694032315 | 0 | 0 |  | 0 |  |  |  | 0.05900000694032315
R J O'BRIEN | 129161.28 |  | 129161.28 | 0 | 114000 |  | 114000 |  |  |  | 15161.28
SAUL STONE & COMPANY | 167491.58 |  | 167491.58 | 0 | 180000 |  | 180000 |  |  |  | -12508.42
SMITH BARNEY, INC ** | 7406818.379999993 |  | 7406818.379999993 | 0 | 5891729 | 5891729 | 0 |  | 229237 |  | 1744326.379999993
SMITH BARNEY, INC ** (Financial) | 86399.71000000046 |  | 86399.71000000046 | 0 | 86400 |  | 86400 |  |  |  | -0.2899999995424878
TOTAL EXCLUDING MID-DAY CALLS | 126329218.5841896 | 8099229 | 118229989.5841896 | -29673095.40000004 | 61122845.03 | 44970914 | 16151931.03 |  | -14760413.94 |  | 20772864.21418957 |  | 330082.9 | 153120
MID-DAY CALLS: (based solely on Market Movement)
EDF Mann | 0
TOTAL INCLUDING MID-DAY CALLS | 126329218.5841896
 |  |  |  |  |  |  |  |  |  |  | 20772864.21418956
 |  | Used Line
Credit Lines: | Line | OTE | Initial Margin | Total Line Used | Total Line Unused
Smith Barney | 50000000 | 0 | 5891729 | 5891729 | 44108271
Paribas | 75000000 | 0 | 22178414 | 22178414 | 52821586
EDF | 25000000 | 8099229 | 16900771 | 25000000 | 0
Fimat | 20000000 | 0 | 0 | 0 | 20000000
 | 170000000 | 8099229 | 44970914 | 53070143 | 116929857
Note:  EDF Man - Positive Net Option value is collateral for futures requirement.
Initial Margin |  |  |  |  | 16900771
Option value used to cover Margin |  |  |  |  | 0
Initial Margin less positive option value |  |  |  |  | 16900771
[NAME] of Credit Analysis:
Initial Margin |  |  |  |  | 16900771
OTE |  |  |  |  | 20000000 | (limit 20,000,000)
Net Option Value |  |  |  |  | 29673095.4
Line of Credit Balance |  |  |  |  | 25000000 | (limit 50,000,000)
Paribas Line of Credit Limit is $75,000,000
1 Includes amounts withheld from payments due Enron.  Fimat's customer agreement states that excess margin including OTE due to Enron must first be used to pay down advances on the facility.