ECU - European Currency Unit.
EMS - European Monetary Unit.
Equity - The risk-sharing part of a company's capital, usually referred to as ordinary shares.
Equity Options - A class of options giving the purchaser the right but not the obligation to buy or sell an individual share, a basket of shares or an equity index at a predetermined price, on or before a fixed date.
Equity Swaps - A transaction that allows an investor to exchange the rate of return (or a component thereof) on an equity investment (an individual share, a basket or index) for the rate of return on another non-equity or equity investment.
Eurocurrency - Currency that is owned by people not being a national of the nation that issued the currency.
Eurobond - A bond issued in a currency other than that of the country or market in which it is issued. Interest is paid without the deduction of tax.
Ex - Latin for 'without', the opposite of Cum. Used to indicate that the buyer is not entitled to participate in whatever forthcoming event is specified, for example, ex cap, ex dividend, ex rights.
Exercise Price - The fixed price at which an option holder has the right to buy, in the case of a call option, or to sell, in the case of a put option, the financial instrument covered by the option.
Exit Buyer - The buyer of a security arriving on the secondary (retail) market.
Expatriation - The removal of ones legal residence or citizenship from one country to another in anticipation of future restrictions on capital movements or to avoid estate taxes.