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Home Categories Strategy & Education Double spending occurs when someone changes the blockchain network and inserts a special one that allows them to repurchase cryptocurrency. E-mini are futures contracts traded electronically, the value of which is a fraction of the value of the corresponding standard futures contracts. Early exercise is the process of buying or selling shares in accordance with the terms of an option contract before the option expires. ECN Brokers facilitate transactions that take place on Electronic Communications Networks (ECNs). The Euro is the official currency of the European Union (EU), adopted by 19 of the 27 EU member states. Euro Overnight Index Average (EONIA) is the average base overnight rate at which European banks lend to each other in euros. The term Eurocurrency refers to foreign currency deposits held in banks outside their country of origin. Eurodollars refer to dollar-denominated accounts in foreign banks or overseas branches of US banks. Futures to Physical Exchange (EFP) allows one party to exchange a futures contract for the actual underlying asset. The Exchange Rate Mechanism (ERM) is the way in which governments can influence the relative price of their national currency in foreign exchange markets.