VISION

Under its responsibilities and missions, the Casablanca Stock Exchange has set a clear and ambitious vision of its goals :

Objective 1 : To assist in the country’s economic development

 To help finance the country’s economic development as much as possible by bringing together investors and issuers.

Objective 2 : To meet the needs of market operators

 To provide investors and market operators with a modern, liquid and transparent market;

 To offer high-quality services to their customers – operators, issuers and investors.

Objective 3 : To develop the stock market

 To consolidate and accelerate the growth of the stock market

Objective 4 : To be ranked amongst the leading stock markets in Africa

 As the third largest stock exchange in Africa, to close the gap on the leading two and become leader in West Africa ;

 To adopt the Best International Practices in terms of organization and market.

HISTORY

The Casablanca Stock Exchange was established as long ago as 1929. At that time, it was known as the “Office de Compensation des Valeurs Mobilières” (Office for Clearing of Transferable Securities).

The growing importance of the securities market and the introduction of foreign exchange controls prompted the authorities at that time to improve and regulate the Stock Exchange’s organisation and operations.

The market’s organisational shortcomings hindered however its attractiveness at a time when domestic investors showed a growing interest in stock market investment. To overcome such shortcomings, reforms were undertaken in 1967, providing Morocco’s financial markets with a well-organised legal and technical framework.