Deutsche Boerse-owned settlement utility Clearstream says it processed 2.02 million international transactions in September, a 16 percent rise over September 2006 (1.75 million).
Of these transactions, 81 percent were Over the Counter (OTC) transactions and 19 percent were registered as stock exchange transactions. Domestic settlement transactions in Germany stood at 3.14 million compared to 2.63 million for the same month last year (a rise of 19 percent). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.
The value of assets under custody on behalf of customers rose to Euros 10.6 trillion, a 13 percent rise from September 2006 (Euros 9.3 trillion). Securities held under custody in Clearstream's international business experienced a rise of 13 percent from Euros 4.2 trillion to Euros 4.8 trillion. On the domestic German business, securities held under custody rose by 13 percent from Euros 5.1 trillion to Euros 5.8 trillion.
For the Global Securities Financing services monthly average outstandings reached Euros 325.0 billion. The combined services, which include tri-party repo, securities lending and collateral management, collectively experienced a strong rise of almost 21 percent from the same month last year (September 2006: Euros 268.76 billion).
The Investment Funds services (Vestima+) processed 298,769 transactions in September, almost 22 percent more than a year ago (September 2006: 243,399).