GSF down for Clearstream in October
11 November 2016 Frankfurt
Image: Shutterstock
Clearstream’s global securities financing volume fell by 14 percent in October.
Outstanding volume hit €491 billion last month, down from €571.1 billion during the same month in 2015.
The Deutsche Börse subsidiary also saw its January to October monthly average outstanding volume fall by 14 percent from €609 billion in 2015 to €521.1 billion this year.
Deutsche Börse reported a modest 1 percent growth to its consolidated net revenue in Q3 2016.
Clearstream is currently in the midst of its Target2-Securities (T2S) implementation plan, with the fourth wave involving migrating its central securities depository in the German market.
Outstanding volume hit €491 billion last month, down from €571.1 billion during the same month in 2015.
The Deutsche Börse subsidiary also saw its January to October monthly average outstanding volume fall by 14 percent from €609 billion in 2015 to €521.1 billion this year.
Deutsche Börse reported a modest 1 percent growth to its consolidated net revenue in Q3 2016.
Clearstream is currently in the midst of its Target2-Securities (T2S) implementation plan, with the fourth wave involving migrating its central securities depository in the German market.
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