Clearstream’s GSF services drop in August 07 September 2012Luxembourg and Frankfurt Reporter: Jenna Jones
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Clearstream has released its August 2012 figures, which reveal an increase in assets under custody, but a dip in the company’s global securities financing services.
The value of customer assets held under custody has increased to €11.2 trillion, a year-on-year increase of 3 percent, and securities held under custody in international business rose 4 percent above August 2011 figures to €6 trillion.
For global securities financing services, the monthly average outstanding reached €557.7 billion. The combined services, including triparty repo, securities lending and collateral management, collectively decreased with a drop of 10 percent from August 2011.
The investment funds services saw an 18 percent from August of last year, with 0.59 million transactions processed.
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