Source: Clearstream
Clearstream experienced good growth levels both in December and for the whole year 2007. In December 2.12 million international transactions were processed, a 5 percent rise over December 2006 (2.03 million). Of these transactions, 82 percent were Over the Counter (OTC) transactions and 18 percent were registered as stock exchange transactions. For the whole year, Clearstream processed 29.20 million international transactions, 19 percent more than in 2006.
In December, domestic settlement transactions for the German market reached
3.19 million compared to 2.91 million for the same month last year. Of these transactions 63 percent were stock exchange transactions and 37 percent OTC transactions. In 2007, Clearstream processed 46.1 million domestic settlement transactions compared to 38.4 million in 2006, a 20 percent increase.
The value of assets under custody on behalf of customers rose to € 10.6 trillion in December, an 9 percent rise from the same month in 2006 (€ 9.7 trillion). Securities held under custody in Clearstream's international business experienced a rise of 8 percent from € 4.4 to € 4.7 trillion and domestic German securities held under custody rose by 11 percent from € 5.3 trillion to € 5.9 trillion.
For the Global Securities Financing services monthly average outstandings in December reached a record high at € 365.82 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 21.47% percent over December
2006 (€ 301.17 billion). In 2007, yearly average outstandings reached €
327.78 billion compared to € 254.57 billion in 2006.
In the Investment Funds services, business was strong with 330,118 transactions processed in December a 10 percent rise over December 2006 (299,685). For the whole year 2007, 4,435,605 transactions were processed, a 23 percent rise over 2006 (3,600,524).