Complete the sentence about Casablanca Stock Exchange with the correct year: In ______, the Casablanca Stock Exchange established the central securities depository Maroclear, responsible for the clearing and settlement of securities transactions.

Answer and explanation

Correct answer: C. 1997

  1. Step 1: In 1997, the Casablanca Stock Exchange established the central securities depository Maroclear, responsible for the clearing and settlement of securities transactions. Answer: 1997. Why not the others: 2002, 2012 and 2007 don't fit.

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