wti trading simulation presentation john prepared presentation way discussed wednesday summary included following scenarios tenor 1 3 5 years back nov 2000 1 3 5 years back nov 1998 1 3 5 years back nov 1995 number trade per day 200 600 1000 bid offer spread 0 04 0 06 net open position allowed 1 000 000 5 000 000 volume per trade fixed 1 000 bbl together 9 12 108 scenarios included presentation vocation starting next week check e mail phone messages make modifications need happy holidays zimin