FSJESC FMC · FSJES Casablanca
Start with short, practical lessons. Practice with simulated trades across Moroccan and global markets, then apply what you know in a timed challenge. Everything is settled in Moroccan dirhams; no real money is involved.
Direct market coverage (110 tradeable assets)
Ranking is based on total portfolio return (%) over the competition window. Ties are broken by the lower maximum drawdown. The market is simulated; results do not predict real-world performance and do not constitute investment advice.
CSE Casablanca · Banques · ISIN MA0000012445
30-day simulated path · Deterministic GBM
PER / ROE
14.2x · 15.8%
Bid / Ask Spread
548.20 / 548.80
Settlement
T+2 · 5 bps fee
FSJESC FMC is a student academic initiative at Faculté des Sciences Juridiques, Économiques et Sociales de Casablanca. We close the gap between the textbook formula and the actual execution ledger.
A supply-and-demand curve, a volatility formula, and a paragraph about risk aversion often leave the operational mechanics implicit. How a limit order rests in a book, why a quoted mid-price differs from an achievable fill, and how a drawdown compounds while a position is still inside its T+2 settlement window require direct observation.
The terminal makes those mechanics explicit. You trade real Moroccan and international tickers against a reproducible price engine, inspect fundamental ratios and yield curves, and watch every decision accumulate in an append-only audit ledger.
Study order types, book depth, bid-ask spreads, bond duration, and Bank Al-Maghrib monetary transmission in concise 8-minute briefs with worked examples.
Deploy 100,000 MAD across 38 Bourse de Casablanca equities and 72 global instruments. Every fill records spread cost, 5 bps commission, and T+2 settlement.
Enter time-boxed scenario challenges (BAM policy rate hikes, inflation shocks, sector rotations) ranked on total return with lower maximum drawdown breaking ties.
Education supplies the concepts, the simulator supplies the execution book, and scenario challenges supply the discipline of a deadline.
Explore the platform
6 integrated modulesStructured readings from market foundations and order types to bond duration and behavioural finance.
Interactive trading terminal with CSE equities, global stocks, ETFs, futures, FX, yield curves, and options.
Cohort tournaments evaluated on return and maximum drawdown over fixed competition windows.
Focused exercises testing execution discipline, slippage control, and macro rate sensitivity.
Workshops, central bank policy lectures, and post-competition debriefs at FSJES Casablanca.
Meet the student executive board, review our academic charter, and inspect transparent club budget grants.
The education programme is written so a topic can be read with no prior market experience, and without being steered toward a conclusion about what to buy.
Price formation, bid-ask spreads, market vs. limit orders, order book depth, and execution slippage.
Balance sheet valuation, Bons du Trésor yield curves, inflation, Bank Al-Maghrib policy rates, and economic cycles.
Annualised volatility, maximum drawdown, correlation breakdown, position sizing, and cognitive biases in trading.
How we write about markets
Every technical term is defined at first use, in the topic where it matters.
Risk measures arrive with their mathematical formula and a worked numerical example in MAD alongside the term.
Where a measure is informative and where it misleads is an explicit section of every article.
Nothing on this platform tells any person what to buy, sell, or do with real money.
Trade 38 Bourse de Casablanca equities alongside global stocks, ETFs, futures, crypto, forex, sovereign bonds, and options. A deterministic price engine paired with live reference feeds ensures every classroom exercise is reproducible.
The price & execution model
GBM + Reference API
S(t) = S(0) · exp(
(μ − σ²/2)·t + σ·√t·Z(t)
)Recomputable from published parameters so every student in a seminar room observes the exact same quote book at the same timestamp.
Warning:
Educational paper-trading environment: While tickers, ISINs, and sector classifications reflect real Bourse de Casablanca and international instruments, all orders, portfolios, and MAD balances are 100% simulated.
Multi-Asset Market Catalog (8 API Routers · 110 Instruments)
Open full market board in Simulator/api/v1/cse · MAD
38 real Bourse de Casablanca Principal F equities with ISINs, official French sectors, and PER/PBR/ROE ratios.
/api/v1/stocks · USD → MAD
Large-cap technology, financial, healthcare, and energy equities listed on NASDAQ and NYSE.
/api/v1/etfs · USD → MAD
S&P 500, NASDAQ-100, Russell 2000, gold bullion, long-duration US Treasury, and emerging market ETFs.
/api/v1/futures · USD → MAD
CME, COMEX, NYMEX, and CBOT benchmark futures across equity indices, crude oil, gold, and treasury bonds.
/api/v1/crypto · USD → MAD
24/7 digital assets enabling round-the-clock volatility and high-beta risk management exercises.
/api/v1/forex · MAD / G10
Moroccan Dirham crosses (USD/MAD, EUR/MAD) and major G10 pairs powered by ECB Frankfurter reference rates.
/api/v1/bonds · MAD / USD
Moroccan 10-Year Bons du Trésor (BKAM) and US Treasury constant-maturity rates (FRED 1M–30Y curve).
Bourse de Casablanca — 9 Official Sectors (38 Listed Equities)
Telecommunications
Télécommunications
Cap: 91.9B MAD · 1 company
Construction & Building Materials
Bâtiment et Matériaux de Construction
Cap: 88.2B MAD · 3 companies
Energy, Utilities & Chemicals
Electricité, Pétrole/Gaz & Chimie
Cap: 63.4B MAD · 5 companies
Agri-Food, Pharma & Industry
Agroalimentaire & Industrie
Cap: 76.3B MAD · 6 companies
Open to every student of the faculty. Where a session requires computer-room space, registration is capped at room capacity.
A guided walkthrough of the income statement, balance sheet and cash-flow statement. Participants read a simplified set of statements and identify where operating, investing and financing decisions appear. No prior accounting knowledge is assumed.
FSJES Casablanca · Room to be confirmed · Cap 40 seats
An introduction to how a policy-rate decision is transmitted into short-term market rates, and from there into asset prices. We use published statements from Bank Al-Maghrib as case material and discuss the transmission lags involved.
FSJES Casablanca · Amphitheatre B · Cap 120 seats
A working session on two risk measures students meet in theory, annualised volatility and maximum drawdown. Participants compute both for a sample price series and discuss what each measure does and does not tell you about an outcome.
FSJES Casablanca · Computer room 2 · Cap 25 seats
A moderated discussion on order flow, liquidity and the difference between a quoted price and a price you could actually trade at. Contributors present short positions first, followed by open discussion.
FSJES Casablanca · Seminar room 4 · Cap 35 seats
A macro stress-test in which inflation rises unexpectedly and Bank Al-Maghrib tightens liquidity. You start with 100,000 MAD, allocate across rate-sensitive and defensive CSE sectors, and are evaluated on risk as well as return.
Sample Competition Standings · Macro BAM Shock
| Rank | Participant | Cohort | Return | Sharpe | Max DD |
|---|---|---|---|---|---|
| 1 | Y. El Amrani | M2 Finance | +8.42% | 1.84 | -1.18% |
| 2 | L. Benjelloun | M1 Finance | +7.15% | 1.62 | -1.45% |
| 3 | K. Ouazzani | L3 Économie | +6.80% | 1.55 | -1.92% |
| 4 | S. Tazi | L3 Gestion | +5.94% | 1.41 | -1.60% |
| 5 | M. Idrissi | M1 Finance | +5.20% | 1.29 | -2.10% |
Note:
When a competition window closes, participants receive a full debrief: total return, maximum drawdown, annualised volatility, and sector attribution under the scenario.
Topics are ordered so each builds on the previous one. Every article links directly to its full reading, mathematical definitions, and comprehension questions.
Figures below describe the platform's own catalog and accounting rules. They are verifiable specifications, not performance claims.
Tradeable instruments
110
Across 8 Moroccan & global markets
CSE Casablanca equities
38
Principal F · 9 official sectors
Published topics
20
Across six curriculum categories
Starting capital
100.000,00
Simulated cash per portfolio
Educational metrics. Not personalized financial advice.
An account provides a 100,000.00 MAD multi-asset paper-trading portfolio, access to cohort competitions, workshop registration, and the full 20-topic curriculum. Registration is free for students and contains no mechanism to move real money.
What your student account includes
FSJESC Financial Markets Club · Faculté des Sciences Juridiques, Économiques et Sociales de Casablanca. Educational project. Nothing on this platform is investment advice.