Jim: I have put together a "slide" on what EOL is and isn't.   Mark Taylor did not want to include this in the response to FERC because it opens a can of worms, which I'm happy to discuss with you when you have a minute.  

Thanks for your comments.   
----- Forwarded by Lisa Yoho/NA/Enron on 06/25/2001 08:13 AM -----


	Christi L Nicolay@ECT 06/25/2001 07:58 AM 	   To: Lisa Yoho/NA/Enron@Enron  cc:   Subject: Re: For EOL --Market slides	


I meant to include you on this.  Thanks.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 06/25/2001 07:57 AM ---------------------------


James D Steffes@ENRON
06/22/2001 08:20 PM
To:	Christi L Nicolay/HOU/ECT@ECT
cc:	Margaret Huson/ENRON@enronXgate @ ENRON@ECT, Sarah Novosel/Corp/Enron@ENRON 

Subject:	Re: For EOL --Market slides   

Maggie, etal --

How about some slides --

1.	History of Trading  (where we've been where we're going)
2.	What EOL is and What EOL is not





Christi L Nicolay@ECT
06/08/2001 02:47 PM
To:	Margaret Huson/ENRON@enronXgate @ ENRON
cc:	Sarah Novosel/Corp/Enron@ENRON, James D Steffes/NA/Enron@Enron 

Subject:	Re: For EOL --Market slides   

Maggie -- I think these are good.  We still need to have info from economic sources on why the liquidity, tighter spreads = better market = better for consumers.  Sarah, we can use these for our background knowledge for Monday, but not to provide to FERC staff yet.  The slides can help formulate our responses to questions and when traders go to FERC.


From:	Margaret Huson/ENRON@enronXgate on 06/07/2001 05:02 PM
To:	Christi L Nicolay/HOU/ECT@ECT
cc:	 

Subject:	slides

OK- I turned the info into 2 slides because I haven't found a real clean way to illustrate liquidity or spreads.  I didn't think you wanted me to go into the three levels of efficiency theory.  And if you do, I have a paper on it at home.

I have a fragmented, 2-page brief overviewing EOL/electronic trading.  This may be useful to have internally & externally.  Perhaps Monday will offer more insight as to what aspects we should all be prepared for future questions.

I gotta run for now, but I'll touch base with you in the morning.
Maggy

Be sure to put the slides in notes view so you can read my suggested explanations.

 










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