These don't look complete to me - e.g. Contractual Currency, Index 
definition, Volume reference.



	Melba Lozano
	10/04/2000 05:26 PM
		 
		 To: Mark Taylor/HOU/ECT@ECT, Jeff Blumenthal/HOU/ECT@ECT, Sony 
Wilson/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT
		 cc: Robert B Cass/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT
		 Subject: US Heating Oil and Unleaded Gas Fin Spreads - Approval

Your review and approval of the following product type in the EOL Datamanager 
is needed (for directions on approval , please see steps for approval at the 
bottom of this e-mail).    

These will be for existing spread products that are under the existing 
product type : US HeatingOil2 Fin Swap and US UNL Gas Fin Swap they need to 
be split up for sigma factor purposes. 

Product Type #1   US HeatingOil2 FIN Spread
A US Heating Oil Swap financial Transaction with Enron North America Corp., 
under which the Seller pays a Floating Price and the Buyer pays the price 
submitted by Counterparty on the website (the Fixed Price) in each case in 
respect of the Notional Quantity per Determination Period.  Each calendar 
month during the term of the Transaction will be a Determination Period. The 
Notional Quantity per Determination Period shall be the volume for the 
relevant Determination Period (calculated using the volume submitted by 
Counterparty via EnronOnline).  The Payment Date(s) will be 5 business days 
after the Floating Price is determinable. The Floating Price shall be the 
average of the Index for each Pricing Date in the relevant Determination 
Period.

Product Type #2   US UNL Gas Fin Spread
A US Unleaded Gasoline financial Swap Transaction with Enron North America 
Corp., under which the Seller pays a Floating Price and the Buyer pays the 
price submitted by Counterparty on the website (the Fixed Price) in each case 
in respect of the Notional Quantity per Determination Period.  Each calendar 
month during the term of the Transaction will be a Determination Period. The 
Notional Quantity per Determination Period shall be the volume for the 
relevant Determination Period (calculated using the volume submitted by 
Counterparty via EnronOnline).  The Payment Date(s) will be 5 business days 
after the Floating Price is determinable. The Floating Price shall be the 
average of the Index for each Pricing Date in the relevant Determination 
Period.

==============================================================================
=====

STEPS FOR APPROVAL:

click the  START button 
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD 
click the Enron Online Production Cluster "START" button  
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up 
TO APPROVE:  Right mouse click on "Approved"
  
Thanks - Rob Cass  -  Melba Lozano
x35491   x58986