| ECN | See electronic communication network (ECN) | |
| EDGAR | Electronic Data Gathering, Analysis, and Retrieval (EDGAR)--An electronic system developed by the Securities and Exchange Commission. EDGAR permits companies to file electronically with the SEC all documents required for securities offerings and ongoing disclosure obligations. EDGAR became fully operational mid-1995. (See Securities and Exchange Commission) | |
| electronic communication network (ECN) | Any electronic system that widely disseminates to third parties orders entered by an exchange Market Maker or OTC Market Maker, and permits such orders to be executed against in whole or in part. (See Market Maker) | |
| eligibility rules | The Code of Arbitration states that no claim shall be eligible for submission to arbitration where six years have elapsed from the occurrence or event giving rise to the controversy. | |
| ENC | Excess Net Capital | |
| equity | The ownership interest of stockholders in a company. Also, the excess of the market value of securities over debit balances in a margin account. (See credit and debit balance, margin) | |
| excessive trading | A broker excessively trades an account for the purpose of increasing his or her commissions, rather than to further the customer's investment goals. | |
| ex-dividend date | The date on or after which a security begins trading without the dividend (cash or stock) included in the contract price. (See dividend, dividend notification) | |
| excess spread policy | A requirement that prohibits Market Makers from entering quotations on The Nasdaq Stock Market that exceed prescribed limits for maximum allowable spreads. (See Market Maker, spread, two-sided market) | |
| ex parte communication | Communication by one party only with the arbitrator. (See arbitration) | |
| executive sessions | A private conference between the arbitrators during the course of the hearing to determine matters that have arisen such as evidentiary objections or motions. |
