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Custody news

Year-on-year growth for Clearstream


09 July 2014 Frankfurt
Reporter: Stephen Durham

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Image: Shutterstock
The overall value of assets under custody held on behalf of Clearstream’s customers registered an increase of 6 percent to €12.3 trillion in June 2014 (compared to €11.6 trillion in June 2013).

Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 5 percent from €6.2 trillion in June 2013 to €6.5 trillion in June 2014.

The German central securities depository (CSD) increased by 6 percent from €5.4 trillion in June 2013 to €5.8 trillion in June 2014.

Year-to-date in June 2014, the combined value of assets under custody in the German domestic CSD and global ICSD business increased by 5 percent compared to the same period in 2013.

Also in June 2014, 3.6 million international (ICSD) settlement transactions were processed, a 7 percent increase over June 2013 (3.4 million). Of all international transactions, 86 percent were OTC transactions and 14 percent were registered as stock exchange transactions.

On the German domestic market, CSD settlement transactions in June 2014 reached 6.3 million, 3 percent less than in June 2013 (6.5 million). Of these transactions, 56 percent were stock exchange transactions and 44 percent OTC transactions.

Year-to-date June 2014, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined increased by 3 percent compared to the same period in 2013.

The monthly average outstanding for Global Securities Financing (GSF) services reached €626.9 billion in June 2014, according to figures from Clearstream.

The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 8 percent over June 2013, when the figure stood at €581.9 billion.
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