The Casablanca Stock Exchange (French: La Bourse de Casablanca) is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region of the Middle East and North Africa (MENA), is Africa's third largest Bourse after Johannesburg Stock Exchange (South Africa) and Nigerian Stock Exchange in Lagos. Africa. It was established in 1929 and currently has 16 members and 77 listed securities with a total market capitalisation of $66,3 billion as of December 27, 2008.
The exchange is relatively modern, having experienced reform in 1993. The CSE installed an electronic trading system, and is now organized as two markets: the Central Market and a Block Trade Market, for block trades.
In 1997 the CSE opened a central scrip depository, Maroclear.
MADEX (Moroccan Most Active Shares Index), comprises most active shares listed continuously with variations closely linked to all the market serves as a reference for the listing of all funds invested in shares.
The stock markets of Casablanca and Tunis (Bourse de Tunis) are covered in a quarterly report on Arab stock exchanges established by the Abu Dhabi-based Arab Monetary Fund. The report includes individual indices for each market, as well as a weighted composite tracking four Middle Eastern and two North African stock exchanges.