Morocco Launches Derivatives Market As It Eyes Emerging-Market Status

Morocco Launches Derivatives Market As It Eyes Emerging-Market Status

TLDR

Moroccan exchange to launch derivatives within weeks, CEO says

Morocco's Casablanca Stock Exchange expects to launch a new derivatives market within weeks as part of an effort to boost liquidity in one of Africa's largest exchanges, its CEO told Reuters.

Casablanca Bourse Offers Derivatives as Morocco Seeks EM Return

Morocco plans to launch derivatives trading on its local market soon as the North African co-host of the 2030 FIFA World Cup seeks to win back emerging-market status.

Morocco has become the first country in Africa to launch a derivatives market in three decades. A strategic breakthrough led by the Casablanca Stock Exchange, which launches its futures contract on MASI 20. For its Managing Director, this innovation aims as much to strengthen liquidity as to attract new investors, both local and foreign.

The Casablanca Stock Exchange is starting a decisive turning point with the launch of its very first derivative, the firm futures contract on the MASI 20 index. The Casablanca Post Exchange: MASI 20 enters the era of derivatives appeared first on LesEco.ma.

Morocco aims to reclaim its emerging market status

Derivatives trading is key Fifa bid lifts trading volumes Part of capital market reforms Morocco’s stock exchange is set to introduce derivatives trading to reclaim its emerging market status after a 12-year wait. Centrally cleared instruments, including interest rate and single stock futures, will attract a deeper pool of investors, Bloomberg reported quoting Casablanca Exchange CEO Tarik Senhaji. He said the move will help local companies rais…