Clearstream triparty repo rises 4 percent y-o-y
11 February 2014 Luxembourg
Image: Shutterstock
Clearstream’s global securities financing (GSF) services rose 4 percent over January 2013 (€548.8 billion). The combined services, which include triparty repo, securities lending and collateral management, also recorded a monthly average outstanding in January 2014 of €571.9 billion.
Investment funds services (IFS) processed 0.78 million transactions in January 2014, a 16 percent increase over January 2013 (0.67 million).
The firm’s assets under custody held on behalf of our customers in January 2014 remained at a peak of €12 trillion, and there was custody growth in both international (ICSD) and German domestic CSD business.
Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 7 percent from €5.9 trillion in January 2013 to €6.3 trillion in January 2014, while domestic German securities held under custody in the German central securities depository (CSD) increased by 5 percent from €5.3 trillion in January 2013 to €5.6 trillion in January 2014.
In January 2014, 3.9 million international settlement transactions were processed, an 8 percent increase over January 2013 (3.62 million). Of all international transactions, 79 percent were OTC transactions and 21 percent were registered as stock exchange transactions. On the German domestic market, settlement transactions in January 2014 reached 7.48 million, 10 percent more than in January 2013 (6.78 million). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.
Philip Brown, head of global client relations and member of the executive board of Clearstream, said that a strong start to the year was a sign of continued strength in asset volumes.
“We are experiencing increases across all our business areas, be it the number of transactions we are processing or the volumes derived from our global securities financing and investment funds services business areas. This all stands us in good stead to keep confidently executing our business strategy—in particular, 2014 will be a year of market readiness for us to help customers and the market gear up to TARGET2-Securities, as the T2S 2015 go-live date draws closer.”
Investment funds services (IFS) processed 0.78 million transactions in January 2014, a 16 percent increase over January 2013 (0.67 million).
The firm’s assets under custody held on behalf of our customers in January 2014 remained at a peak of €12 trillion, and there was custody growth in both international (ICSD) and German domestic CSD business.
Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 7 percent from €5.9 trillion in January 2013 to €6.3 trillion in January 2014, while domestic German securities held under custody in the German central securities depository (CSD) increased by 5 percent from €5.3 trillion in January 2013 to €5.6 trillion in January 2014.
In January 2014, 3.9 million international settlement transactions were processed, an 8 percent increase over January 2013 (3.62 million). Of all international transactions, 79 percent were OTC transactions and 21 percent were registered as stock exchange transactions. On the German domestic market, settlement transactions in January 2014 reached 7.48 million, 10 percent more than in January 2013 (6.78 million). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.
Philip Brown, head of global client relations and member of the executive board of Clearstream, said that a strong start to the year was a sign of continued strength in asset volumes.
“We are experiencing increases across all our business areas, be it the number of transactions we are processing or the volumes derived from our global securities financing and investment funds services business areas. This all stands us in good stead to keep confidently executing our business strategy—in particular, 2014 will be a year of market readiness for us to help customers and the market gear up to TARGET2-Securities, as the T2S 2015 go-live date draws closer.”
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