Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
----- Forwarded by Cheryl Nelson/NA/Enron on 04/26/2001 09:19 AM -----

	Sheila Glover@ECT
	04/25/2001 08:17 AM
		 
		 To: Ellen Su/Corp/Enron@Enron, Pushkar Shahi/HOU/ECT@ECT, Greg 
Whiting/Corp/Enron, Gerri Gosnell/HOU/ECT@ECT
		 cc: Kim S Theriot/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron, Gary 
Hickerson/HOU/ECT@ECT
		 Subject: SSB Acct. Docs and rates

FYI, 
Solomon Smith Barney Futures Clearing rates will be $9.00 roundturn which is 
the same rate we currently pay with Prudential.
Sheila

---------------------- Forwarded by Sheila Glover/HOU/ECT on 04/25/2001 08:13 
AM ---------------------------


"Gallagher, Brian J [PVTC]" <brian.j.gallagher@rssmb.com> on 04/25/2001 
08:06:18 AM
To: "'Sheila Glover'" <Sheila.Glover@Enron.com>
cc:  
Subject: SSB Acct. Docs and rates


Sheila,
 By now you should have received our account documents from Tania
Wilson. The commission rates you were asking for are as follows. All futures
products are $9.00, roundturn, inclusive of all exchange and regulatory
agency fees. Options on futures are charged at a rate of $4.50/side.
Currently, I am clearing a portion of the Financials, Stock indices and
Agricultural futures for Enron. Financing rates have not been applicable to
your account with us to date, due to the fact that we are marked to market
daily. If excess margin balances were to occur in the future, we would pay
you a negotiated rate similar to the average 30 day bill rate (because
monies are wired back and forth daily this rarely happens, credit or debit).
  I do understand the need for financing(e.g.. Energy trading
business) and would like to  have the opportunity to bid on clearing and
financing Enrons energy futures trades, as well as utilizing the financing
capabilities that Citibank can provide.
 If you feel that I can further assist in any of these areas, please
call me and I'll come down to Houston to discuss the specific needs of
Enron.

 Thanks for your time and the effort to get our present documents
executed. Sheila, could you please include your phone number in case I need
to contact you? Thanks again.

Sincerely,

 Brian J. Gallagher
Brian Gallagher
Salomon Smith Barney
10 S. Wacker Dr. Suite 2800
Chicago, Illinois 60606
312-648-3510
800-621-5231
Fax 312-648-3344


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