Clearstream reports 2% November drop in AUC 08 December 2011Luxembourg Reporter: Anna Reitman
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Assets under custody fell two per cent to €10.9 trillion year-on-year while securities held under custody in Clearstream's international business stayed flat at €5.9 trillion.
Though domestic German securities held under custody decreased by five percent to €5.0 trillion yoy.
In November 2011, 3.1 million international settlement transactions were processed, a 12 percent decrease over November 2010 (3.5 million). Of all international transactions, 82 percent were OTC transactions and 18 percent were registered as stock exchange transactions.
However, year-to-date ending in November this year shows an increase in international settlement transactions of four per cent at 35 million, compared to the same period in 2010.
For Global Securities Financing (GSF) services, including triparty repo, securities lending and collateral management, the monthly average outstanding reached € 663.1 billion, a yoy jump of 23 percent.
In Investment Funds services, 450,000 transactions were processed, a six per cent decrease over November 2010. Year-to-date November 2011 shows 4.85 million transactions, five per cent higher than same period last year.
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