Sec lending drops 16 percent for Clearstream
09 October 2012 Frankfurt
Image: Shutterstock
For Global Securities Financing (GSF) services, Clearstream recorded its monthly average outstanding reaching €552.2 billion in September. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a drop of 16 percent over September 2011 (€653.6 billion). Year-to-date September 2012 GSF monthly average outstanding is, at €576.4 billion, 1 percent above the same period last year (January to September 2011: €571.9 billion).
Also in September 2012, the value of assets under custody held on behalf of customers registered an increase of 3 percent to €11.2 trillion (compared to €10.8 trillion in September 2011). Securities held under custody in Clearstream’s international business increased by 2 percent from €5.9 trillion in September 2011 to EUR 6.0 trillion in September 2012 – while domestic German securities held under custody increased by 5 percent from €4.9 trillion in September 2011 to €5.1 trillion in September 2012.
In September 2012, 3.2 million international settlement transactions were processed, a 7 percent increase over September 2011 (3.0 million). Of all international transactions, 83 percent were OTC transactions and 17 percent were registered as stock exchange transactions. On the German domestic
market, settlement transactions reached 5.9 million, 24 percent less than in September 2011 (7.7 million). Of these transactions, 65 percent were stock exchange transactions and 35 percent OTC transactions.
In the Investment Funds Services (IFS), 0.53 million transactions were processed, a 36 percent increase over September 2011 (0.39 million). Year-to-date September 2012 IFS number of transactions processed is with 4.66 million 15 percent above the same period last year (January to September
2011: 4.04 million).
Also in September 2012, the value of assets under custody held on behalf of customers registered an increase of 3 percent to €11.2 trillion (compared to €10.8 trillion in September 2011). Securities held under custody in Clearstream’s international business increased by 2 percent from €5.9 trillion in September 2011 to EUR 6.0 trillion in September 2012 – while domestic German securities held under custody increased by 5 percent from €4.9 trillion in September 2011 to €5.1 trillion in September 2012.
In September 2012, 3.2 million international settlement transactions were processed, a 7 percent increase over September 2011 (3.0 million). Of all international transactions, 83 percent were OTC transactions and 17 percent were registered as stock exchange transactions. On the German domestic
market, settlement transactions reached 5.9 million, 24 percent less than in September 2011 (7.7 million). Of these transactions, 65 percent were stock exchange transactions and 35 percent OTC transactions.
In the Investment Funds Services (IFS), 0.53 million transactions were processed, a 36 percent increase over September 2011 (0.39 million). Year-to-date September 2012 IFS number of transactions processed is with 4.66 million 15 percent above the same period last year (January to September
2011: 4.04 million).
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
