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Custody news

Clearstream improves again


14 May 2014 Frankfurt
Reporter: Stephen Durham

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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).


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