re : rac feeds 29 - sep fyi . . .
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 06 / 2000
01 : 18 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
james new
10 / 04 / 2000 10 : 24 am
to : debbie r brackett / hou / ect @ ect
cc : hugo moreira / lon / ect @ ect , david hardy / lon / ect @ ect , mike
jordan / lon / ect @ ect
subject : re : rac feeds 29 - sep
debbie ,
for uk power , this was not officialised because we had a curve shift for 25 +
years which was made in error . for the dpr we put a ' top side ' adjustment
through but because of the time it would take to re calc no re calc was
performed . this should have been covered in the daily conference call . was it
?
for uk gas , i thought this issue was closed on the conference call . we used
the 30 th as our month end as a result of the way the month end fell . the guys
have now clicked the ' officialised ' button for the 29 th if it helps you , but
we did not use that data ( there shouldn ' t be anything materially wrong with
it though ) .
what i think this highlights is that we will have days where we do not
officialise and do not re run . in these circumstances we will put a top side
through . we therefore need a mechanism to communicate this top side and i
would request we get this in place as soon as possible ( this has been
requested a few times before ) .
does this answer your questions ?
james
from : debbie r brackett
04 / 10 / 2000 14 : 25
to : james new / lon / ect @ ect , hugo moreira / lon / ect @ ect
cc : david hardy / lon / ect @ ect , mike jordan / lon / ect @ ect
subject : re : rac feeds 29 - sep
james ,
just received a note fron steve price that uk power was never approved for
close of business 02 - oct . can you or someone in your group respond to that as
well as to my query as to the lack of approval for uk gas for close of
business on 29 - sep ? ( see below )
we are making a real effort here to understand why the risk controls groups
are not receiving data on a reliable basis and input from your group is
crucial .
thanks for your help ,
debbie
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 04 / 2000
08 : 19 am - - - - - - - - - - - - - - - - - - - - - - - - - - -
from : debbie r brackett
10 / 02 / 2000 10 : 18 am
to : james new / lon / ect @ ect , hugo moreira / lon / ect @ ect
cc : david hardy / lon / ect @ ect
subject : re : rac feeds 29 - sep
please clarify as much as possible .
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 02 / 2000
10 : 17 am - - - - - - - - - - - - - - - - - - - - - - - - - - -
steve price
10 / 02 / 2000 10 : 07 am
to : debbie r brackett / hou / ect @ ect
cc : david hardy / lon / ect @ ect , phil yoxall / lon / ect @ ect , suzanne
bain / lon / ect @ ect , jitendra patel / market risk management / lon / ect @ ect , oliver
gaylard / lon / ect @ ect
subject : re : rac feeds 29 - sep
debbie ,
there is an mtm for the 29 - sep but is has not been approved . however , there
is also an mtm for 30 - sep which has been approved . i think the risk managers
would have the answer to why .
steve
from : debbie r brackett
02 / 10 / 2000 14 : 30
to : steve price / lon / ect @ ect
cc : david hardy / lon / ect @ ect , phil yoxall / lon / ect @ ect , suzanne
bain / lon / ect @ ect , jitendra patel / market risk management / lon / ect @ ect , oliver
gaylard / lon / ect @ ect
subject : re : rac feeds 29 - sep
why no mtm for the 29 th , that being the last business day for the month ?
steve price
10 / 02 / 2000 06 : 40 am
to : david hardy / lon / ect @ ect , debbie r brackett / hou / ect @ ect , phil
yoxall / lon / ect @ ect
cc : suzanne bain / lon / ect @ ect , jitendra patel / market risk
management / lon / ect @ ect , oliver gaylard / lon / ect @ ect
subject : rac feeds 29 - sep
all
here are the feed timings for feeds for close of business 29 - sep
i will send another mail when they have all completed
approved send to risktrac issues
uk + cont gas 10 : 59 12 : 31 mtm approved is for 30 - sep . no 29 - sep mtm
approved
uk power 10 : 24 running now
nordic power not yet approved
steve
re : rac feeds 29 - sep
fyi . . .
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 06 / 2000
01 : 18 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
james new
10 / 04 / 2000 10 : 24 am
to : debbie r brackett / hou / ect @ ect
cc : hugo moreira / lon / ect @ ect , david hardy / lon / ect @ ect , mike
jordan / lon / ect @ ect
subject : re : rac feeds 29 - sep
debbie ,
for uk power , this was not officialised because we had a curve shift for 25 +
years which was made in error . for the dpr we put a ' top side ' adjustment
through but because of the time it would take to re calc no re calc was
performed . this should have been covered in the daily conference call . was it
?
for uk gas , i thought this issue was closed on the conference call . we used
the 30 th as our month end as a result of the way the month end fell . the guys
have now clicked the ' officialised ' button for the 29 th if it helps you , but
we did not use that data ( there shouldn ' t be anything materially wrong with
it though ) .
what i think this highlights is that we will have days where we do not
officialise and do not re run . in these circumstances we will put a top side
through . we therefore need a mechanism to communicate this top side and i
would request we get this in place as soon as possible ( this has been
requested a few times before ) .
does this answer your questions ?
james
from : debbie r brackett
04 / 10 / 2000 14 : 25
to : james new / lon / ect @ ect , hugo moreira / lon / ect @ ect
cc : david hardy / lon / ect @ ect , mike jordan / lon / ect @ ect
subject : re : rac feeds 29 - sep
james ,
just received a note fron steve price that uk power was never approved for
close of business 02 - oct . can you or someone in your group respond to that as
well as to my query as to the lack of approval for uk gas for close of
business on 29 - sep ? ( see below )
we are making a real effort here to understand why the risk controls groups
are not receiving data on a reliable basis and input from your group is
crucial .
thanks for your help ,
debbie
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 04 / 2000
08 : 19 am - - - - - - - - - - - - - - - - - - - - - - - - - - -
from : debbie r brackett
10 / 02 / 2000 10 : 18 am
to : james new / lon / ect @ ect , hugo moreira / lon / ect @ ect
cc : david hardy / lon / ect @ ect
subject : re : rac feeds 29 - sep
please clarify as much as possible .
- - - - - - - - - - - - - - - - - - - - - - forwarded by debbie r brackett / hou / ect on 10 / 02 / 2000
10 : 17 am - - - - - - - - - - - - - - - - - - - - - - - - - - -
steve price
10 / 02 / 2000 10 : 07 am
to : debbie r brackett / hou / ect @ ect
cc : david hardy / lon / ect @ ect , phil yoxall / lon / ect @ ect , suzanne
bain / lon / ect @ ect , jitendra patel / market risk management / lon / ect @ ect , oliver
gaylard / lon / ect @ ect
subject : re : rac feeds 29 - sep
debbie ,
there is an mtm for the 29 - sep but is has not been approved . however , there
is also an mtm for 30 - sep which has been approved . i think the risk managers
would have the answer to why .
steve
from : debbie r brackett
02 / 10 / 2000 14 : 30
to : steve price / lon / ect @ ect
cc : david hardy / lon / ect @ ect , phil yoxall / lon / ect @ ect , suzanne
bain / lon / ect @ ect , jitendra patel / market risk management / lon / ect @ ect , oliver
gaylard / lon / ect @ ect
subject : re : rac feeds 29 - sep
why no mtm for the 29 th , that being the last business day for the month ?
steve price
10 / 02 / 2000 06 : 40 am
to : david hardy / lon / ect @ ect , debbie r brackett / hou / ect @ ect , phil
yoxall / lon / ect @ ect
cc : suzanne bain / lon / ect @ ect , jitendra patel / market risk
management / lon / ect @ ect , oliver gaylard / lon / ect @ ect
subject : rac feeds 29 - sep
all
here are the feed timings for feeds for close of business 29 - sep
i will send another mail when they have all completed
approved send to risktrac issues
uk + cont gas 10 : 59 12 : 31 mtm approved is for 30 - sep . no 29 - sep mtm
approved
uk power 10 : 24 running now
nordic power not yet approved
steve