Todd that KCP need to own the product (as opposed to client) appropriateness, then this is a fundamental change in what is currently drafted in the SLA. I have cc'ed lain who runs Mercury for Markets and can comment on the ACO situation. Also cc Cliff who is the BM for our WIS desk who is familiar with the existing status quo and will be the point person for ICG. Thanks. Kind Regards, Katherine Katherine Stead Director Global Head, ITC BCU Tel: +44 20 7545 1254 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0052092 CONFIDENTIAL SDNY_GM_00198276 EFTA01362601