Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Custody news
  3. Clearstream improves again
Custody news

Clearstream improves again


14 May 2014 Frankfurt
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
Clearstream have surpassed their 2013 custody results by posting increases for the year ending April 2014.

Clearstream’s overall value of assets under custody held on behalf of customers registered an increase of 5 percent to €12.1 trillion, compared to €11.6 trillion in April 2013.

Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 4 percent from €6.1 trillion in April 2013 to €6.4 trillion in April 2014.

Securities held under custody in the German central securities depository (CSD) increased by 5 percent from €5.4 trillion in April 2013 to €5.7 trillion in April 2014.

For the period year-to-date April 2014, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined increased by 7 percent compared to the same period in 2013.

The investment funds services business contributed to this growth in the ICSD business as its corresponding transactions registered a 13 percent increase.

For Global Securities Financing (GSF) services, the monthly average outstanding in April 2014 reached €589.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 1 percent over April 2013 to €583.8 billion.

The GSF monthly average outstanding has also seen growth by 3 percent from the period year-to-date April 2013 (€568.0 billion) to the period year-to-date April 2014 (€582.5 billion).


← Previous custody article

BNP Paribas extends IBG relationship
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Collateral
→ Repo

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →