With Millenniumit Trading and Surveillance Technology
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PRESS RELEASE Casablanca, August 1st 2016 CASABLANCA STOCK EXCHANGE GOES LIVE WITH MILLENNIUMIT TRADING AND SURVEILLANCE TECHNOLOGY Successful implementation and launching of 'Millennium', the new integrated technology platform Part of wider strategic cooperation agreement between CSE and LSEG Advanced technology to support the development of the financial market Casablanca Stock Exchange has successfully gone live with the new technology platform provided by MillenniumIT, the technological subsidiary of London Stock Exchange Group (LSEG). The launch of the 'Millennium' platform is a new achievement of the strategic cooperation agreement between CSE and LSEG, and is part of the continuous improvement of the services provided by Casablanca Stock Exchange to its customers, the capital market and all investors. The new platform includes an integrated solution for listing and trading (Millennium Exchange) and a market surveillance tool (Millennium Surveillance). It significantly offers greater automation and operational efficiency, and improves the processing of transactions. The implementation of the new platform has also helped introducing new order types and new features, designed to improve the market transparency and enhance its liquidity. The implementation of the so-called « New Age » platform required a close collaboration between Casablanca Stock Exchange, MillenniumIT, the Brokerage Firms, Maroclear, the AMMC (Financial Market Authority), and Data vendors. Following this achievement, Mr. Karim Hajji, CEO of Casablanca Stock Exchange said "We are very pleased to successfully achieve this project and meet the deadlines. This platform offers our market a state of the art technology with the best international 1 standards, and will allow us to better answer the financing needs and hedging market risks, while supporting the development of the Casablanca Financial Market and its regional influence." About MillenniumIT MillenniumIT is the power behind many of the world’s financial markets. MillenniumIT pre-to post-trade, multi- asset, ultra-low latency, agile technology infrastructure supports the trade lifecycle for more than 40 financial institutions and financial services firms around the world. Clients include Borsa Italiana, HKEx, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange, Tullett Prebon and Turquoise. Founded in 1996 and head-quartered in Sri Lanka, MillenniumIT is a fully-owned subsidiary of London Stock Exchange Group. About Casablanca Stock Exchange Founded in 1929, Casablanca Stock Exchange operates under the Ministry of Economy and Finance, through specifications. The CSE’s mission is to ensure the well-functioning, the growth and the promotion of the Moroccan Stock Market. Casablanca Stock Exchange strives to provide a high service quality and secure its information systems. It is ISO 9001 and 27001 certified for many years. Casablanca Stock Exchange is one of the most developed exchanges in Africa, with a market capitalization of 513 billion MAD (52.5 Billion USD as of July 2016, which represents about 55% of Morocco's GDP. www.casablanca‐bourse.com Press relation Contact +212 (0)5 22 45 26 26 +212 (0)5 22 45 75 08 [email protected] [email protected] 2 .