discussion implementing definition trading office memo referring forwarded brent price hou ect 21 06 2000 17 02 richard sage 21 06 2000 13 38 brent price hou ect ect cc subject discussion implementing definition trading office e draft thoughts forwarded richard sage lon ect 21 06 2000 13 40 richard sage 21 06 2000 07 35 mike jordan lon ect ect andrew cornfield lon ect ect naomi connell lon ect ect phil redman lon ect ect tim poullain patterson lon ect ect cc subject discussion implementing definition trading office going write buying selling physical commodity locally ok hedging done regional hub problem model describes helsinki bust another possiblity agency model local trader acts direction hub trader helsinki currently although also independent manager site however happy rick causey certainly like perhaps recommend independent risk managers every office correspondence settlement regional hub