Clearstream processes 53% more transactions in July 2007 than July 2006

Clearstream processed 2.45 million international transactions in July 2007, a 53 percent rise over July 2006, when this figure stood at 1.60 million.
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Clearstream processed 2.45 million international transactions in July 2007, a 53 percent rise over July 2006, when this figure stood at 1.60 million. Of these transactions, 77 percent were over-the-counter (OTC) transactions and 23 percent were registered as stock exchange transactions, says the firm. Domestic settlement transactions in Germany stood at 4.02 million compared to 2.59 million for the same month last year, a rise of 55 percent. Of these transactions, 69 percent were stock exchange transactions and 31 percent were OTC transactions.

The value of Clearstream's assets held under custody on behalf of customers rose to a new high of € 10.5 trillion in July 2007, a 16% rise from July 2006 (9.1 trillion). Securities held under custody in Clearstream's international business experienced a rise of 17% from € 4.1 trillion to € 4.8 trillion. Securities under custody in its domestic German business rose by 15% from € 5.0 trillion to € 5.7 trillion.

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