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. Chilly January for Clearstream
Custody news

Chilly January for Clearstream


15 February 2016 Frankfurt
Reporter: Stephanie Palmer

Generic business image for news article
Image: Shutterstock
Clearstream has released its figures for January 2016, noting a slight increase in assets under custody, but a dip in the number of transactions.

Assets under custody increased by 1 percent, from €12.8 trillion in January 2015 to €13 trillion in January 2016.

Securities under custody in the international central securities depository (ICSD) saw an increase of 4 percent, reaching €7.1 trillion, compared to €6.8 trillion in January last year.

However, securities held in the German central securities depository (CSD) saw a slight dip of 2 percent, falling from €6 trillion in January 2015 to €5.8 trillion in the latest figures.

In transactions, the ICSD saw a 13 percent drop, processing 3.3 million transactions, compared to 3.8 million in January 2015. Of these, 84 percent were over-the-counter (OTC) transactions, and 16 percent were registered as stock exchange transactions.

On the domestic German market, CSD settlement transactions reached 7.3 million, 9 percent down on January 2015, which saw a total of 8 million transactions processed. Of this year’s figure, 35 percent were OTC transactions and 65 percent were registered on the stock exchange.

The investment fund services also saw a significant 12 percent drop in the number of transactions processed, reaching a total of 730,000 in January 2016, compared to January 2016’s total of 830,000.
← Previous custody article

Convergex extends BNP Paribas mandate
Next custody article →

UK custody win for BNP Paribas
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 →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →