Euroclear reported record growth in in several operating units in 2013.
The value of securities held on behalf of clients reached EURO 24.2 trillion, representing a 5% YoY increase.
The number of netted transactions settled in Euroclear group grew by 7.1% to 170.4 million.
Turnover, the value of securities transactions settled, was EURO 572.8 trillion, a 5.8% increase over the prior year
Overnight cash deposits increased by 17% to EURO 18.5 billion.
Euroclear has expanded the number of participants that are able to connect to its Collateral Highway. In the past 12 months, Euroclear mobilized an average of EURO 787 billion of collateralized transactions daily, a 12% increase over the prior year.
The value of funds serviced by FundSettle increased by 18% year-over-year and the volume of funds transactions processed by the group grew by 16% to reach 17.6 million. Fund orders routed through Euroclear UK and Ireland’s EMX Message System increased by 19.5% to 49 million messages in this period.
Euroclear also partnered with BlackRock to create an ETF structure that uses a single European settlement location. The partnership aims to help the market benefit from improved trading liquidity, a reduction in operational risk and lower transaction costs for end investors.
Euroclear Reports Record Growth in 2013
Euroclear reported record growth in in several operating units in 2013.