In December 2010, the value of assets under custody held on behalf of customers registered an increase of 6% to a new all-time high of 11.3 trillion compared to 10.7 trillion in December 2009, Clearstream has divulged.
Securities held under custody in Clearstream’s international business experienced a rise of 7% from 5.5 trillion in December 2009 to 5.9 trillion in December 2010 while domestic German securities held under custody increased by 4% from 5.2 trillion in December 2009 to 5.4 trillion in December 2010.
For 2010, yearly average of the value of assets under custody held on behalf of customers reached 10.9 trillion compared to 10.3 trillion in 2009, an increase of 5%. In December 2010, 3.5 million international settlement transactions were processed, an increase of 31% year-on-year (December 2009: 2.6 million).
Of all international transactions, 70% were OTC transactions and 30% were registered as stock exchange transactions. In total, Clearstream processed 37.1 million international transactions in 2010, an increase of 21% compared to 2009 and the highest ever recorded level.
On the German domestic market, settlement transactions reached 7.2 million, 19% more than in December 2009 (6.0 million). Of these transactions, 67% were stock exchange transactions and 33% OTC transactions.
In 2010, Clearstream processed 79.3 million domestic settlement transactions compared to 71.4 million in 2009, an increase of 11%.
For Global Securities Financing (GSF) services, the monthly average outstanding reached the record of 572.4 billion in December 2010. The combined services, which include tri-party repo, securities lending and collateral management, collectively experienced a rise of 12% over December 2009 (509.4 billion). For the year 2010, monthly average outstanding reached 521.6 billion compared to 483.6 billion in 2009, an increase of 8%.
In the Investment Funds services, 507,793 transactions were processed in December 2010, the peak in 2010 and a 38% increase over December 2009 (367,146). In 2010, 5.1 million transactions were processed, a 32% increase over 2009 (3.9 million). The assets held under custody in the Investment Funds services reached an all-time high of 212.4 billion in December 2010, a 34% increase compared with December 2009 (158.1 billion).