Euroclear鈥檚 value of securities transactions settled in 2017 increased by 12 percent, compared to 2016, reaching a record of 鈧733 trillion year-on-year.
In addition, the value of securities held for Euroclear clients was up 3 percent year-on-year, reaching a record 鈧28.6 trillion for 2017.
The end of year results, released on 15 February, also showed that Euroclear鈥檚 Collateral Highway achieved an average of 鈧1,150 billion of collateralised transactions daily, this was up 7 percent compared to 2016.
In addition, fund assets under custody grew 13 percent as Euroclear continued to utilise its international exchange traded funds model.
According to Euroclear, last year鈥檚 positive operating results demonstrate the results of the firm鈥檚 initiatives to support the evolving needs of capital market participants.
Commenting on the results, Lieve Mostrey, CEO of Euroclear, said: 鈥淓uroclear delivered a strong operating performance in 2017, supported by favourable market conditions.鈥
鈥淭hese results demonstrate the appetite of our global client base for solutions that help them overcome complex post-trade challenges such as sourcing liquidity and optimising collateral, leading to safer and more efficient financial markets.鈥
She added: 鈥淚n addition, we have accelerated investments in both regulation-driven initiatives and cyber security to reinforce Euroclear鈥檚 position as a safe and trusted partner.鈥
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times