Clearstream grows AUC in October
13 November 2015 Frankfurt
Image: Shutterstock
Clearstream enjoyed an 8 percent boost in its assets under custody (AUC) in October, on last year’s figures.
AUC hit €31.2 trillion in October 2015, compared to €12.3 trillion in the same month last year.
Securities held under custody in Clearstream’s international central securities depository (ICSD) increased by 9 percent from €6.6 trillion in October 2014 to €7.2 trillion in October 2015.
Data for ICSD settlement transactions shows a 15 percent decrease, compared to October 2014’s figures.
Last month Clearstream saw 3.4 million international transactions, down from four million in 2014.
Of all international transactions, 84 percent were over-the-counter transactions and 16 percent were stock exchange transactions.
The investment fund services (IFS) business contributed to this growth in the ICSD business as its corresponding transactions registered a 12 percent increase.
IFS transactions grew to 8.2 million transactions for the period year-to-date October for 2015, up from 7.3 million in 2014.
However, IFS also experienced an 11 percent drop-off for October on last year’s October figures.
IFS processed 700,000 transactions in October 2015, down from 800,000 in 2014.
AUC hit €31.2 trillion in October 2015, compared to €12.3 trillion in the same month last year.
Securities held under custody in Clearstream’s international central securities depository (ICSD) increased by 9 percent from €6.6 trillion in October 2014 to €7.2 trillion in October 2015.
Data for ICSD settlement transactions shows a 15 percent decrease, compared to October 2014’s figures.
Last month Clearstream saw 3.4 million international transactions, down from four million in 2014.
Of all international transactions, 84 percent were over-the-counter transactions and 16 percent were stock exchange transactions.
The investment fund services (IFS) business contributed to this growth in the ICSD business as its corresponding transactions registered a 12 percent increase.
IFS transactions grew to 8.2 million transactions for the period year-to-date October for 2015, up from 7.3 million in 2014.
However, IFS also experienced an 11 percent drop-off for October on last year’s October figures.
IFS processed 700,000 transactions in October 2015, down from 800,000 in 2014.
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
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
