gaming neta prices constraints mccoy strategy fyi bm balancing market email still eklavya back produce white paper analysis possible trading stretagies neta likely implications prices volatilities forward soon ever receive steve forwarded steven leppard lon ect 02 09 2000 03 10 pm eklavya sareen 09 02 2000 14 43 ect london uk power trading enron london power analytics ect london uk gas power origination paul dawson lon ect ect cc subject gaming neta prices constraints mccoy strategy believe people familiar mccoy strategy manipulating imbalance prices favourable direction 1 take massive long short position forward trading 2 choose physical production decisions drive system long forward market postion long ii short forward market postion short 3 system long needs accept bids system short needs accept offers 4 forward market postion long submit large postive bids bm drive ssp high ssp price received spilling power bm going bm long 5 forward market postion short submit small even negative offers bm drive sbp low sbp price paid purchasing power bm going bm short neta programme intends tag transmission cosntraint related trades bm according disg 24 tagging constraint trades 21 dec 99 option 3 option proposed adopted paragraph 2 3 p 4 relevant settlement period accepted offers bids volumes arbitraged e volume bid higher price volume offered eliminated one implications procedure highest bids mccoy bids lowest offers mccoy offers likely eliminated calculation imbalance prices make harder pursue mccoy strategy successfully thoughts comments welcome thanks eklavya