In June 2008, the value of assets under custody on behalf of customers registered a 1% rise at 10.7 trillion (compared to 10.6 trillion from June 2007). Securities held under custody in Clearstreams international business experienced a rise of 6% from 4.8 to 5.1 trillion and domestic German securities held under custody decreased slightly by 3% from 5.8 trillion to 5.6 trillion.
International settlement transactions declined to 2.35 million, 25% less than in June 2007 (3.13 million). Despite continued growth of international Over the Counter bond transactions which rose by 19% from 1.02 million to 1.22 million in June 2008, retail driven international stock exchange transactions registered a decline due to current market conditions. Of all international transactions, 75% were Over the Counter (OTC) transactions and 25% were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 6.33 million, 21% less than in June 2007 (8.04 million), also a result of reduced retail activity. Of these transactions, 65% were stock exchange transactions and 35% OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings reached 404.4 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a steep rise of 23% over June 2007 (327.5 billion).
In the Investment Funds services, 387,890 transactions were processed, a 29% decrease over June 2007 (545,797).