Clearstream’s GSF business grows in December 12 January 2022Luxembourg Reporter: SFT
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Clearstream’s Global Securities Financing (GSF) business expanded by 11 per cent YoY to €567.0 billion volume outstanding during December.
Total assets under custody held in Clearstream also rose by 11 per cent YoY during December to €16,876 billion.
For the Luxembourg-based ICSD business, securities deposits climbed 7 per cent YoY during December to €7,564 billion, although transaction volumes contracted by six per cent over this period to 6.1 million.
Securities deposits in Clearstream’s domestic CSD business, notably Clearstream Banking Frankfurt and LuxCSD, increased by 14 per cent YoY to €5,875 billion, with trades processed rising 15 per cent to 16.7 million.
The Investment Funds Services business also made strong gains during December, rising 16 per cent YoY to €3,438 billion with subscriptions and redemptions processed growing by 11 per cent to 4.3 million.
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