An electric braking system for an electric track-bound vehicle comprising an electric permanent magnet machine configured to be connected to an electric power source through a converter configured to control said machine by Pulse Width Modulation for propulsion of the vehicle by power transmission to wheels thereof, said system comprising • a first electric braking device having a first current influencing arrangement and a first control unit configured to control said first arrangement to conduct current from electric terminals of the electric machine to at least one first dissipative resistor for electric braking of the vehicle, and • a second braking device, said second braking device being an electric braking device having a second current influencing arrangement and a second control unit configured to control said second arrangement to conduct current from electric terminals of the electric machine to at least one second dissipative resistor for electric braking of the vehicle, characterized in that the system further comprises means configured to provide both said control units with a same reference signal (I ref) of a total braking current to be led from electric terminals of the electric machine to said dissipative resistors of the two devices, that said control units (6, 9) are configured, upon receipt of a said total braking current reference signal, to control said two arrangements to operate in parallel to share and together deliver said total braking current to said dissipative resistors, and that said two control units (6,9) are configured to communicate with each other so as to calculate and determine the proportion of said total braking current to be delivered to said at least one dissipative resistor (66, 10) of each braking device. • a first electric braking device having a first current influencing arrangement and a first control unit configured to control said first arrangement to conduct current from electric terminals of the electric machine to at least one first dissipative resistor for electric braking of the vehicle, and • a second braking device, said second braking device being an electric braking device having a second current influencing arrangement and a second control unit configured to control said second arrangement to conduct current from electric terminals of the electric machine to at least one second dissipative resistor for electric braking of the vehicle, characterized in that the system further comprises means configured to provide both said control units with a same reference signal (I ref) of a total braking current to be led from electric terminals of the electric machine to said dissipative resistors of the two devices, that said control units (6, 9) are configured, upon receipt of a said total braking current reference signal, to control said two arrangements to operate in parallel to share and together deliver said total braking current to said dissipative resistors, and that said two control units (6,9) are configured to communicate with each other so as to calculate and determine the proportion of said total braking current to be delivered to said at least one dissipative resistor (66, 10) of each braking device.