Clearstream says its “core business areas” continued to grow in August, with the number of monthly international transactions processed rising 41.3 percent to 1.66 million, compared with only 1.18 million in August 2004.
Of these transactions, 79 percent were Over the Counter (OTC) transactions and 21 percent were registered as stock exchange transactions.
Domestic settlement transactions in Germany increased 27.6 per cent, reaching 2.91 million compared to 2.28 million for the same period last year. The ratio for domestic settlement transactions was 71 percent stock exchange transactions compared to 29 percent OTC transactions.
The value of assets held under custody on behalf of customers rose to Euros 8.4 trillion, a 13.8 percent rise from August 2004 when it stood at Euros 7.4 trillion.
Growth was also strong within the securities financing business. In August, Clearstream broke the Euros 200 billion milestone with weekly outstandings of Euros 207.3 billion. Monthly average outstandings wereEuros 201.6 billion. The securities financing services, which include tri-party repo, securities lending and collateral management, collectively experienced a rise of 56 percent from August 2004 (Euros 129.3 billion).
Vestima+, the investment funds service, also broke records with the highest number of investment funds related instructions ever processed at 222,243 – a 54.8 percent rise in the year since August 2004 (121,827).