Clearstream reported growth in all of its main business areas in 2005.
During December the core business areas grew with the number of monthly international transactions processed rising 19% at 1.81 million, compared to 1.52 million for 2004.
Clearstream’s assets under custody rose 15%, to stand at EUR 8.75 trillion for 2005.
Seventy-eight percent of the transactions are over-the-counter (OTC) transactions and 22% are registered as stock exchange transactions. Domestic settlement transactions in Germany increased 14% reaching 2.96 million compared to 2.60 million for the same period last year. The ratio for domestic settlement transactions was 66% stock exchange transactions compared to 34% OTC transactions.
Securities held under custody in Clearstream’s international business experienced a rise of 20% from 3.28 trillion to 3.94 trillion. On the domestic German business, securities held under custody rose by 12% from 4.32 trillion to 4.82 trillion.
Growth was also held strong within the global securities financing services business with monthly average out standings reaching a record high at EUR 210.9 billion. The combined services, which include tripartite repo, collateral management and securities lending, collectively experienced a rise of 54.6% from the same month last year, when it stood at EUR 136.4 billion.
Clearstream Banking’s investment funds services reached 258,045 transactions processed, a 54.2% rise in the year over December 2004.