E

ECB: European Central Bank.
ECSDA: European Central Securities Depository Association.
EFP: Exchange of futures for physical. Common in the energy markets. A physical deal priced on the futures markets.
EUCLID: Communications system operated by Euroclear.
EUREX: German Swiss derivatives exchange created by the merger of the German (DTB) and Swiss (SOFFEX) exchanges.
EURONEXT: A Pan-European exchange incorporating the Dutch, French and Belgium Exchanges and Liffe.
Earnings per share (EPS): The total profit of a company divided by the number of shares in issue.
Equity: A common term to describe stocks or shares.
Equity/stock options: Contracts based on individual equities or shares. On exercise of the option the specified amount of shares are exchanged between the buyer and the seller through the clearing organization.
E-T-D: This is the common term which is used to describe exchange-traded derivatives...

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Controls, Procedures and Risk