Resources

EASING

A modest decline in interest rates or prices.

EBIT

Earnings before Interest and Taxes.

EBITD

Earnings before Interest, Taxes and Depreciation.

EBITDA

Earnings before Interest, Taxes, Depreciation and Amortization.

ECB

European Central bank; Created to monitor the monetary policy of 11 countries that have converted to the Euro from their local currencies.

ECONOMIC INDICATOR

A statistic released by a government body that indicates current economic trends such growth rate, retail sales, employment, etc…

EMPLOYMENT RATE

The percentage of the labor force that is employed.

EPS

Earnings Per Share; A company's profit divided by its number of outstanding shares.

EQUILIBRIUM EXCHANGE

Exchange rate at which demand for a currency is equal to the supply of the currency in the economy.

EQUITY

The residual dollar value of a trading account, assuming its liquidation is at the current market price.

EUROCURRENCY

Currency deposited by companies and federal governments in banks outside their own country, usually currency of a non-European country deposited in Europe.

EURODOLLARS

Deposits denominated in United States Dollar at banks outside the United States.

EUROPEAN OPTION

An option that can be exercised only on its expiration date rather than before that date.

EUROPEAN UNION

The group of countries formally known as the European Community.

EXCHANGE CONTROL

A system of controlling inflows and outflows of foreign exchange.

EXCHANGE RATE

The price of one country's currency expressed in another country's currency.

EXECUTION

The process of completing an order to buy or sell an instrument.

EXERCISE NOTICE

The formal notification that the holder of a call (or put) option wishes to buy (or sell) the underlying security at the exercise price.

EXERCISE PRICE

The price at which an options holder can buy or sell the underlying instrument.

EXERCISE VALUE

The profit amount between the strike price and the underlying investment when the option is exercised.

EXOTIC

A less broadly traded currency or option.

EXPIRATION DATE

The last date after which the option can no longer be exercised.

EXPIRATION MONTH

The month in which an option expires.

EXPIRY DATE

The last date on which an option can be bought or sold.

EXPOSURE

The condition of being subjected to a source of risk.