Slight dip for Clearstream custody 10 April 2012Luxembourg Reporter: Georgina Lavers
Image: Shutterstock
In March 2012, the value of assets under custody held by Clearstream on behalf of customers fell 2 per cent to €11.1 trillion year-on-year.
Securities held under custody in Clearstream’s international business totalled €5.9 trillion, the same figure as last year, while domestic German securities held under custody fell by 4 per cent from €5.4 trillion in March 2011 to €5.2 trillion in March 2012.
3.6 million international settlement transactions were processed over the month, a 4 per cent decrease over March 2011. Of all international transactions, 79 and 21 per cent were OTC transactions and stock exchange transactions respectively.
On the German domestic market, settlement transactions reached 7.2 million, 20 per cent less than in March 2011(9 million).
Of these transactions, 66 per cent were stock exchange transactions, and 34 per cent OTC transactions.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 