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RECAP: LEAP 2011 GENERAL MEMBERSHIP MEETING




Bookings went to full capacity. This well-attended meeting included delegates from: Amphora, BP, Camin Cargo Control, Chevron, CME Group, ConocoPhillips, DTCC, EFETnet, Energy Institute, ESS, Glencore, Global Electronic Markets, Hess, Hub Software Engineering, ICE, Inspectorate, ISDA, JPMorgan, MapleRisk, Mercuria Energy Trading, Morgan Stanley, Navarik, Nexen Energy Marketing, PMI Comercio Internacional, RWE Supply and Trading, Sapient Global Markets, SGS, Shell, SolArc, Statoil, Sutherland, Asbill & Brennan, Thunderhead, TOTSA Total Oil Trading, Transport4, TriOptima, Web Services Integration.





Overall the meeting launched the new LEAP initiatives and LEAP Workgroups – Broker Matching, Contract Matching, eDocs, Pipeline Bookouts and RINs. Other topics that directly relate to the way trading is conducted, tracked, and reported such as regulatory issues and inter-industry relationships such as ISDA were presented. Survey results about the development of contract matching across the industry were discussed.



Standards of the presentations were high, feedback for the venue, presentations and LEAP sponsored networking and dinner event were very favorable and attendees were very enthusiastic about the interactive breakout and eDocuments roundtable sessions.



The meeting featured keynote speaker Alan Haywood, Head of Commercial Development, BP Integrated Supply and Trading and ISDA Board Member & Chair of Commodity Steering Committee.

The meeting concluded with the enactment of the “Adoption” theme and identification of a new initiative to develop coordination between the respective regulatory agencies.

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There are different levels of involvement of LEAP:

As a non-LEAP member, participate in up to 3 Workgroup sessions as a silent observer.

A Full Member can actively participate, vote in the Workgroups, assign a representative to the LEAP Board, and become a member of the Executive Committee. You then have a direct influence on the initiative, Workgroup effort and industry-wide improvements.

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The LEAP General Membership Meeting is open to all delegates from LEAP member companies and first-time parties interested in learning more about LEAP.


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