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fletch
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we're ok for now...thanks for checking fletch
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Douglas, Thanks for your interest...My book does go into some option detail (not really collars since they're a combination of the tools I discuss) and plenty of swap transactions.
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Obviously, I think you would gain some insight for both your personal and professional interests if you go through it.
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Thanks again, Fletcher Sturm
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NatGas is going to the moon on Monday!
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Melba, The description you sent to me yesterday seems a little confusing...How about the following: Floating price A: Gas Daily midpoint for Henry Hub Floating price B: Gas Daily midpoint for __________ Buyer pays Floating price A plus applicable basis, seller pays Floating price B We should substitute your long description for "Gas Daily midpoint" above.
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Run this by everyone ASAP so we can activate these products.
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Fletch Sturm
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Sheri, Robyn Menear is my new assistant on the FT-Central book.
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I'd like to have her set up to use EOL stack manager, product manager, and transact on the website.
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I believe she already has a login ID for the website, but I don't know about the others.
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In addition, her trades (stack manager customer trades, and her own website trades) need to go into my book (FT-Central).
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If you need me to do anything else in order for this to happen, let me know.
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Thanks, Fletcher Sturm
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Scott, I'm receiving faxes from you guys everyday, and would just like to be taken off the global e-mail distribution.
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Thanks, Fletch Sturm Enron
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anytime after 4:30pm is fine...I am at EB-3233C Fletch
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Rain, I'd like to coordinate this with the other fellas (Hunter, Scott, etc.) Let's see if we can all go to the same one!
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Fletch
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Rain, Please put this on my calendar.
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Thanks, Fletch
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Scott, Please take me off the global e-mail list...
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Thanks,
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yes, that would be fine.
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fletch
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sorry so late Fletch
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Rain, Please sign me up for the class on Fri.
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(8/11).
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Thanks, Fletch
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Melba, I'm sorry I haven't replied sooner, but there is a decision to be made about what type of product these should fall under...Gas Daily, or Basis.
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We're afraid that if we categorize them as Gas Daily, then anyone who logs onto the site looking for basis would miss these products altogether.
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The "US GAS DAILY HeHub - CHIC" is cleary the best description for the website.
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I'll get back to you as soon as we make a decision.
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Fletch
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Please put this on my calendar if you haven't already.
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fletch
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Sorry, but I've been out of town since you sent this.
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There have been a couple of errors pointed out to me since the publishing, most of which have apparently been somewhat obvious (i.e. not difficult to figure out).
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I'll look into this one and get back to you.
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Fletcher Sturm p.s.
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Thanks for your support!
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If you haven't received the details yet, here they are (Enron sells): If you need anything else, Fletch
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Under the alternative "bumping" method, if the market is 3.75/5.25 and our EOL and ICE market's are both 4/5 in that case, would we pay brokerage if someone executes on ICE rather than EOL?
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Fletch
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Dale, I agree with your proposed changes fletch
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Dale, The product that crosses monthly and daily swaps is the IF vs GD index swap that we currently offer.
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I'll call you later...no time right now to write more.
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Fletch
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The following is a list of daily basis product names that we would like to create, all of which are US GAS BASIS deal type: GD/D TecoP-HHub (short for Teco Pool) I have put a call in to Mark Taylor regarding new product descriptions, but have yet to hear back from him.
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Fletch
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one more change...NL1 change to NXL1
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also, if "NL1" appears anywhere else, change it to NXL1 thanks fletch
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these looks good to me except for the lower case "h" in the Hub phys that we already talked about.
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fletch
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John, The new products have been built and are in the process of being mapped to Sitara and Tagg.
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I'm working with Melba Lozano (EOL contact) and she tells me they should be ready tomorrow.
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Mark Taylor and I haven't spoken yet about simplifying the language in the product long description, so I'll try to get with him tomorrow.
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For now, we're staying with the existing language which isn't really that bad.
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Any of these products which are intra-month will stay in the swap filter as US GAS DAILY products, but longer than intra-month will be in the basis filter as US GAS BASIS products with the format: The only product that will be different is the Nymex to daily swap which will be: Any questions or comments, Fletch
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Brad, (see message below from Melba) Which one should we use, and how should it look on the website?
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Remember, only five characters will fit in the name.
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Maybe just CNGNo?
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Let me know and i'll forward to Melba.
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Fletch
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Melba, Could you see to this please?
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Thanks, Fletch
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Here is the list for you to keep: Duke John Thomas (713) 260-8569 El Paso Bo Collins (713) 420-3466 Fletch
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Eloy, Who is General Brinks?
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Fletch
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Eric, The name I have at El Paso is Tim Bourne 713-420-3826.
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Todd Geiger is my contact over there.
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He's a Vice President and told me that Tim runs the trading group and would not be in the office until Mon.
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next week.
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Fletch
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Eric, This guy is a friend of mine and he said he'll put in some good words about EOL and especially the new product that we're going to launch.
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His name is Chris McDonald at Southern (678) 579-3298.
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He runs the West gas trading at Southern.
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Fletch
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Yes, the plan is to roll the new products out on Fri., the 22nd.
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fletch
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good morning!
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just wondering if you've talked to Gas Daily yet and if you need anything more from me...also, i'd like to see what you're going to give to them (G.D.) with regard to facts about the products, EOL, etc...
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we'd like to launch the products on Fri and have the article appear on Mon because the audience should be bigger than Fri.
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fletch
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David, Yes, i'm interested in meeting with these guys, but i'm unavailable until Thu or Fri.
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Let me know if I can sit in on a meeting.
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Thanks, Fletch Sturm
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Eric, I've been out of the office for two days, but just received this message and it's great.
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Let me know what else I can do!
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Fletch
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Please put this on my schedule.
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thanks, fletch
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Eric, The products have been launched (Mon) and did trade a couple times.
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As far as another article in GD, i'll check with John, but I think it's a good idea.
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Fletch
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good luck...I'm sure you'll do well!
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Have fun fletch
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Right shoulder complete...full reversal mode as of right now...bang!
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Fletch
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