Clearstream AUC drops 4% in January 07 February 2012Luxembourg Reporter: Anna Reitman
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The value of assets under custody (AUC) held on behalf of customers decreased four per cent year-on-year to €11 trillion in the first month this year, reports Clearstream. Securities held under custody in the international business decreased one per cent to €5.9 trillion while domestic German securities dropped six per cent to €5.1 trillion in January 2012 compared to the same month last year.
In January 2012, three million international settlement transactions were processed, an 11 percent decrease over January 2011. Of all international transactions, 80 percent were OTC transactions and 20 percent were registered as stock exchange transactions. On the German domestic market, settlement transactions reached 6.6 million, nine percent less than the same month last year. Of these transactions, 67 percent were stock exchange transactions and 33 percent OTC transactions.
In Investment Funds services, 480,000 transactions were processed, a five percent decrease over January 2011.
Global Securities Financing Services at Clearstream lifted 21 per cent year-on-year, reaching €594 billion monthly average outstanding in the first month this year. The combined services include triparty repo, securities lending and collateral management.
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