In October 2009, the value of assets under custody held on behalf of customers registered an increase for the eight consecutive month and stood at 10.6 trillion. It is also, the first time in 2009 that the value of assets under custody reaches the same level as the same month a year ago October 2008 (10.6 trillion). Compared to October 2008, securities held under custody in Clearstreams international business experienced a rise of 1% from 5.4 to 5.5 trillion while domestic German securities held under custody decreased by 1% from 5.2 trillion to 5.1 trillion.
International settlement transactions decreased by 10% (2.89 million) compared to October 2008 (3.21 million). International over the counter (OTC) bond transactions dropped by 2% from 1.62 million in October 2008 to 1.59 million in October 2009. Of all international transactions, 74% were OTC transactions and 26% were registered as stock exchange transactions.
However, October 2008 was a record month in the number of transactions following the financial market turmoil after Lehman Brothers default. On the German domestic market, settlement transactions reached 6.60 million, 32% less than in October 2008 (9.75 million). Of these transactions, 67% were stock exchange transactions and 33% OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstanding broke the 500 billion mark standing at a record 519.1 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 22% over October 2008 (426.4 billion).
In the Investment Funds services, 368,343 transactions were processed, a 28% decrease over October 2008 (509,498) as a result of reduced European investment funds transactions.
D.C.