Clearstreams Investment Funds Services (IFS) business processed 0.62 million transactions this year, an 18% increase over February 2012 (0.52 million). The number of IFS transactions processed year-to-date February 2013 (1.3 million) is 29% more than the same period last year (year-to-date February 2012: 1.0 million).
In February 2013, the value of assets under custody held on behalf of customers registered an increase of 4% to 11.4 trillion (compared to 11.0 trillion in February 2012). Securities held under custody in Clearstreams international business increased by 3% from 5.9 trillion in February 2012 to 6.1 trillion in February 2013 while domestic German securities held under custody increased by 4% from 5.1 trillion in February 2012 to 5.4 trillion in February 2013.
In February 2013, 3.3 million international settlement transactions were processed, a 4% decrease over February 2012 (3.5 million). Of all international transactions, 82% were OTC transactions and 18% were registered as stock exchange transactions. On the German domestic market, settlement transactions reached 6.5 million, 5% less than in February 2012 (6.9 million). Of these transactions, 66% were stock exchange transactions and 34% OTC transactions. The year-to-date February 2013 total number of settlement transactions processed increased by 2% compared to the same period last year (from 19.9 million to 20.3 million).
For Global Securities Financing (GSF) services, the monthly average outstanding reached 563.3 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a drop of 6% over February 2012 (599.7 billion).
(JDC)