Clearstream, the central securities depository (CSD) owned by Deutsche Börse, processed 29.2 million international transactions in 2007, 19% more than in 2006. In December 2007, the CSD processed 2.1 million international transactions, a 5% rise over December 2006 (2 million). Of these transactions, 82% were over-the-counter (OTC) transactions and 18% were registered as stock exchange transactions.
The volume of domestic settlement transactions for the German market also grew in 2007 and December. For the full year, Clearstream processed 46.1 million domestic settlement transactions compared with 38.4 million in 2006 – a 20% increase. In December, the CSD processed 3.2 million transactions, compared with 2.9 million for the same month last year. Of these transactions, 63% were stock exchange transactions and 37% OTC transactions.
The value of assets under custody on behalf of customers rose to Eu10.6 trillion in December, a 9% rise from the same month in 2006 (Eu9.7 trillion). Securities held under custody in Clearstream’s international business rose 8% from Eu4.4 trillion to Eu4.7 trillion and domestic German securities held under custody grew by 11% from Eu5.3 trillion to Eu5.9 trillion.
For Global Securities Financing services, yearly average outstandings reached Eu327.8 billion in 2007, compared with Eu254.6 billion in 2006. Monthly average outstandings reached a record high in December at Eu365.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 21.5% over December 2006 (Eu301.2 billion).