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Guide

4 min read

How the Casablanca market actually works

A plain-language map of Moroccan equities, MAD settlement, and why a ticker is not a trading button.

Quick answer

The Casablanca Stock Exchange (Bourse de Casablanca) lists a limited set of Moroccan companies that settle in dirhams through a local broker — WealthOS only records the shares you already hold; it never sends an order on your behalf.

Every new saver in Morocco asks some version of the same question: what actually happens when I buy a Casablanca stock? The answer is less exotic than it sounds.

Who actually places the order

The Casablanca Stock Exchange lists a short set of companies you can already own through a local broker. WealthOS only records what you hold. It does not send orders.

Most Moroccan names settle in dirhams. When you add Attijariwafa, Maroc Telecom, or Cosumar here, enter the quantity and the price you actually paid in MAD. The dashboard then marks that line to a live quote when one exists, or a scrape, or a clear mock so the app still runs on a laptop without keys.

Liquidity is thinner than you think

Liquidity is thinner than New York. A printed last price can sit still for hours. Treat the number as a mark, not a promise you can exit at that print.

  • A quote is a reference price, not a guaranteed exit price.
  • Thin order books mean a large order can move the price against you.
  • Corporate actions (splits, rights issues) stay with your broker's statement, not this ledger.

What stays with your broker

Taxes, dividends, and corporate actions stay with your broker and the tax authority. This ledger is for net-worth visibility, not a substitute for a custody statement.

Whether you're based in Casablanca, Rabat, Marrakech, or Tangier, the mechanics are the same: a regulated broker executes, the depository settles, and WealthOS simply shows you what that book is worth today in MAD.