Clearstream grows its assets pool 10 September 2015Luxembourg Reporter: Drew Nicol
Image: Shutterstock
Post-trade services provider Clearstream enjoyed an 8 percent increase to its overall assets under custody held on behalf of customers, which rose to 13.2 trillion from 12.2 trillion in August 2014, according to Clearstream data.
There was also a 10 percent increase in securities held under custody in Clearstream’s international central securities depository, representing a rise from €6.5 trillion in August 2014 to €7.2 trillion for the same time this year.
Overall, Clearstream’s August figures saw a 25 percent increase in German central securities depository settlement transactions, compared to August 2014.
There was also a 16 percent increase in investment funds transactions compared to August last year.
Regarding settlement transactions, Clearstream also achieved a 7 percent increase over August.
Of all international transactions, 80 percent were over-the-counter transactions and 20 percent were registered as stock exchange transactions.
Investment fund services processed 0.8 million transactions in August 2015, a 16 percent increase over August 2014.
Investment fund services transactions have grown by 18 percent from 5.7 million processed in the period year-to-date to 6.7 million.
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