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European Exercise |
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European ExerciseA feature of an option that stipulates that the option may only be exercised at its expiration. Therefore, there can be no early assignment with this type of option.European Exercise Similar MatchesNew European Exchange (NEWEX)New European Exchange (NEWEX)A trading market for Central and East Eurpoean securities established by the Deutsche Börse (German Stock Market) and the Wiener Börse (Austrian Stock Market) in 2000. European exchange rate mechanism (ERM)European exchange rate mechanism (ERM)The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. European termsEuropean termsA foreign exchange quotation that states the foreign currency price of one US dollar. European Payments UnionEuropean Payments UnionAn international arrangement for settling payments among member countries in Europe during a period in which many of the countries' currencies were not convertible. The EPU functioned from 1950 to 1958, after which it was replaced by the EMA. European Monetary SystemEuropean Monetary SystemThe monetary system of the EC which attempts to reduce the currency variations between members. The EMS became operational on March 13th, 1979, as the successor to the 'snake in a tunnel'. Its aim was to create a zone of monetary stability in Europe. Its general principles were outlined at the Bremen Summit in July 1978, and the system was presented in detail at the Brussels Summit in December. The EMS consists of three mechanisms: the ERM; accounting and transaction mechanisms related to the ECU; and credit mechanisms to enable central banksı intervention in the currency markets. All the European Community countries belong to the EMS, although not all of them participate in the ERM. Further SuggestionsEuropean Monetary System (EMS)European style option European Economic Community European Monetary Agreement European Union (EU) European Monetary System Central and Eastern European countries European Free Trade Association European Currency Unit European Communities European Economic Area European Options Exchange (EOE) Single European Act European Central Bank (ECB) European, Australia, and Far East index (EAFE index) European option European Recovery Program European style exercise European Association of Securities Dealers Automated Quotation (EASDAQ) European Community European Association of Securities Dealers Automated Quotation European Currency Unit (ECU) Single European Act |
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