Clearstream sees increases across the board 13 March 2015Frankfurt Reporter: Stephanie Palmer
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Clearstream’s global securities financing (GSF) business reached a monthly average outstanding of €629.5 billion in February.
The combined services of triparty repo, securities lending and collateral management saw a collective increase of 8 percent, reaching €629.5 billion, compared to 581.1 billion in February 2014.
GSF monthly average outstanding year-to-date has so far increased by 7 percent compared to last year. For 2015, the monthly average outstanding is 616 billion, compared to an average of 576 billion at the same time in 2014.
Investment fund services (IFS) processed 800,000 transactions in February 2014, a 17 percent increase on 700,000 in February 2014.
Year-to-date, IFS transactions increased by 11 percent from 1.5 million in 2014 to 1.7 million in 2015.
Assets held under custody on behalf of customers increased from €12.1 trillion in February 2014 to a record high of €13.2 trillion in February 2015.
Securities under custody in Clearstream’s international business, the international central securities depository (ICSD) and in the local German CSD both also saw increases of 9 percent.
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