13.04.2015, 13:16
Clearstream’s March 2015 figures
OREANDA-NEWS. Clearstream: Business stream 1: Custody
In March 2015, the overall value of assets under custody held on behalf of customers registered an increase of 12 percent to EUR 13.5 trillion (compared to EUR 12.1 trillion in March 2014).
Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 12 percent from EUR 6.4 trillion in March 2014 to EUR 7.1 trillion in March 2015.
Securities held under custody in the German central securities depository (CSD) increased by 11 percent from EUR 5.7 trillion in March 2014 to EUR 6.4 trillion in March 2015.
For the period year-to-date March 2015, the combined value of assets under custody in the German domestic CSD and global ICSD business increased by 9 percent compared to the same period last year (YTD March 2015: EUR 13.2 trillion; YTD March 2014: EUR 12.0 trillion).
Business stream 2: Settlement
In March 2015, 4.6 million international (ICSD) settlement transactions were processed, an 18 percent increase over March 2014 (3.9 million). Of all international transactions, 81 percent were OTC transactions and 19 percent were registered as stock exchange transactions.
On the German domestic market, CSD settlement transactions in March 2015 reached 9.3 million, 25 percent more than in March 2014 (7.4 million). Of these transactions, 65 percent were stock exchange transactions and 35 percent OTC transactions.
For the period year-to-date March 2015, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined increased by 13 percent compared to the same period last year (YTD March 2015: 37.3 million; YTD March 2014: 33.1 million). The Investment Fund Services business contributed to this growth in the ICSD business as its corresponding transactions registered a 19 percent increase.
Business stream 3: Global Securities Financing
For Global Securities Financing (GSF) services, the monthly average outstanding in March 2015 reached EUR 653.2 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 11 percent over March 2014 (EUR 587.0 billion).
The GSF monthly average outstanding has grown by 8 percent from the period year-to-date March 2014 (EUR 580.0 billion) to the period year-to-date March 2015 (EUR 628.4 billion).
Business stream 4: Investment Fund Services
Investment Fund Services (IFS) processed 1.0 million transactions in March 2015, a 34 percent increase over March 2014 (0.7 million).
IFS transactions have grown by 19 percent from 2.2 million processed in the period year-to-date March 2014 to 2.7 million in the period year-to-date March 2015.
As of 3 October 2014 Clearstream owns CGSS Ltd in Cork, Ireland, providing hedge fund trade execution and fund custody processing services for financial institutions. Until Citco Bank’s financial institution customers have fully migrated to Clearstream (planned for Q3/2015), the involved asset volumes are still serviced on behalf of Citco Bank and will neither be fully included in Clearstream’s assets under custody volumes nor be included in the number of investment fund transactions.
Philip Brown, Member of the Clearstream Executive Board and Head of Global Client Relations, commented: "Our latest set of monthly numbers display that the positive trend in business volumes from January and February has been sustained through March. The growth of more than 10 percent in assets under custody, the key measure of our core business momentum, shows that our clients continue to deepen their relationships with us. We are also delighted that clients are building their business with us across all of our product lines, where almost all showed double-digit increases in volumes compared with a year ago. We are extremely grateful to our clients for the trust they show in us, and will continue to provide them with the market-leading service with which we have become synonymous."
In March 2015, the overall value of assets under custody held on behalf of customers registered an increase of 12 percent to EUR 13.5 trillion (compared to EUR 12.1 trillion in March 2014).
Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by 12 percent from EUR 6.4 trillion in March 2014 to EUR 7.1 trillion in March 2015.
Securities held under custody in the German central securities depository (CSD) increased by 11 percent from EUR 5.7 trillion in March 2014 to EUR 6.4 trillion in March 2015.
For the period year-to-date March 2015, the combined value of assets under custody in the German domestic CSD and global ICSD business increased by 9 percent compared to the same period last year (YTD March 2015: EUR 13.2 trillion; YTD March 2014: EUR 12.0 trillion).
Business stream 2: Settlement
In March 2015, 4.6 million international (ICSD) settlement transactions were processed, an 18 percent increase over March 2014 (3.9 million). Of all international transactions, 81 percent were OTC transactions and 19 percent were registered as stock exchange transactions.
On the German domestic market, CSD settlement transactions in March 2015 reached 9.3 million, 25 percent more than in March 2014 (7.4 million). Of these transactions, 65 percent were stock exchange transactions and 35 percent OTC transactions.
For the period year-to-date March 2015, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined increased by 13 percent compared to the same period last year (YTD March 2015: 37.3 million; YTD March 2014: 33.1 million). The Investment Fund Services business contributed to this growth in the ICSD business as its corresponding transactions registered a 19 percent increase.
Business stream 3: Global Securities Financing
For Global Securities Financing (GSF) services, the monthly average outstanding in March 2015 reached EUR 653.2 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 11 percent over March 2014 (EUR 587.0 billion).
The GSF monthly average outstanding has grown by 8 percent from the period year-to-date March 2014 (EUR 580.0 billion) to the period year-to-date March 2015 (EUR 628.4 billion).
Business stream 4: Investment Fund Services
Investment Fund Services (IFS) processed 1.0 million transactions in March 2015, a 34 percent increase over March 2014 (0.7 million).
IFS transactions have grown by 19 percent from 2.2 million processed in the period year-to-date March 2014 to 2.7 million in the period year-to-date March 2015.
As of 3 October 2014 Clearstream owns CGSS Ltd in Cork, Ireland, providing hedge fund trade execution and fund custody processing services for financial institutions. Until Citco Bank’s financial institution customers have fully migrated to Clearstream (planned for Q3/2015), the involved asset volumes are still serviced on behalf of Citco Bank and will neither be fully included in Clearstream’s assets under custody volumes nor be included in the number of investment fund transactions.
Philip Brown, Member of the Clearstream Executive Board and Head of Global Client Relations, commented: "Our latest set of monthly numbers display that the positive trend in business volumes from January and February has been sustained through March. The growth of more than 10 percent in assets under custody, the key measure of our core business momentum, shows that our clients continue to deepen their relationships with us. We are also delighted that clients are building their business with us across all of our product lines, where almost all showed double-digit increases in volumes compared with a year ago. We are extremely grateful to our clients for the trust they show in us, and will continue to provide them with the market-leading service with which we have become synonymous."
Комментарии