In March the value of assets under custody on behalf of customers rose to €10.5 trillion, a 4% rise from March 2007.
Securities held under custody in Clearstream’s international business experienced a rise of 6% from €4.6 to €4.9 trillion.
Domestic German securities held under custody rose by 2% from €5.5 trillion to €5.6 trillion.
In March 2.33 million international transactions were processed, 27% less than in March 2007 due to a decline in the number of stock exchange transactions and three less trading days than in March 2007. Of these transactions, 72% were Over the Counter (OTC) transactions and 28% were registered as stock exchange transactions.
On the German Domestic market, transactions reached 6.63 million, 30.7% less than in March 2007 also due to a decline in the number of stock exchange transactions and three less trading days than in March 2007. Of these transactions 68% were stock exchange transactions and 32% OTC transactions.
On a quarterly basis, securities transactions show an overall decrease of 6% from 31.3 million to 29.5 million, the 15% decrease in international transactions being offset by a moderate fall of 2% on domestic transactions.
For the Global Securities Financing (GSF) services, monthly average outstandings peaked at €89.99 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 25% over March 2007.
In the Investment Funds services, 426,650 transactions were processed, a 20.7% decrease over March 2007.