Futures Market: AMMC launches first contract on the MASI 20 index

This new financial product will be admitted to trading on the futures market, as part of a progressive strategy adopted by the Futures Market Management Company (SGMAT). The stated objective: to build a solid base of liquidity and establish a climate of confidence for this emerging segment of the market. This firm futures contract is based on a clearly identified underlying asset: the MASI 20 index, a price index representative of the performance of the 20 most liquid companies among the 40 largest free-floating capitalizations of the Casablanca Stock Exchange. Like internationally regulated markets, this contract is characterized by a standardization of its terms, in particular predefined quarterly maturities, which facilitates its readability and negotiation for investors… More