Clearstream endures GSF drop-off in March 15 April 2016Frankfurt Reporter: Drew Nicol
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Clearstream saw demand for its global securities financing services fall by 18 percent in March, compared the the same time in 2015.
Its global securities financing monthly average outstanding reached €538.2 billion last month, down from €653.2 billion the year before.
Clearstream’s global securities financing services includes triparty repo, securities lending and collateral management.
The global securities financing services monthly average outstanding also dropped by 16 percent from January to March, compared to the same period last year.
The monthly average outstanding hit €530.2 billion, down from €628.4 billion in 2015.
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