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Clearstream sees small AUC increase for January
15 February 2021 Luxembourg
Reporter: Maddie Saghir

Image: bofotolux/adobe.stock.com
Clearstream’s monthly figures for January showed its assets under custody stood at approximately €15.4 trillion, an increase of 4 per cent compared with January’s €14.7 trillion last year.

Last month, Clearstream reported December’s assets under custody at €15.1 trillion, a 5 per cent increase on €14.4 trillion which was reported in the same period in 2019.

Global securities financing volume outstanding saw a slight decrease on December’s figure, with January totalling €504 billion.

However, it did mark a 5 per cent increase on €478.3 billion from 2020’s figure.

Clearstream’s central securities depository (CSD) saw a total of €5.2 trillion in securities deposits, an 8 per cent increase on 2019’s figure of €4.8 trillion.

The CSD saw a large increase in the number of transactions with 14.6 million in January, a 37 per cent rise from the same period last year, which saw 10.6 million.

Meanwhile, its international CSD saw a slight tweak in figures from the same period last year, with January 2021 reporting €7,161 billion compared to €7.133 billion in January 2020.

The ICSD also saw a rise in transactions with a 26 per cent increase. January this year totalled 6.8 million transactions compared to 5.4 million in the same period last year.

Last week, Clearstream also reintroduced its securities offering for international investors in Icelandenabling it to offer its clients the full scope of custody and tax services in Iceland.

In addition to non-taxable bonds that were reactivated in the course of 2020, Clearstream has now successfully reintroduced activities for equities and taxable bonds following the adoption of new tax procedures in the market.

The Deutsche Boerse post-trade services provider also announced the hiring of Federico Becerra as head of treasury at the start of February.

Becerra will be responsible for the treasury front office management in Luxembourg and Singapore.
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