Clearstream’s GSF business contracts 5% in volume outstanding for November
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Clearstream’s GSF business contracts 5% in volume outstanding for November 14 December 2022Luxembourg Reporter: Carmella Haswell
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Clearstream’s Global Securities Â鶹ӰÊÓ´«Ã½ (GSF) business declined 5 per cent year-over-year to €551.6 billion in volume outstanding during November, according to its monthly figures.
Despite the decrease in volume outstanding, Clearstream reports a 6 per cent YoY increase for the business’ year-to-date figures, which generated €579.2 billion in 2022.
Total securities deposits held with Clearstream’s ICSD business have grown 5 per cent to €7,911 billion for the month of November, when compared to November 2021.
The total assets under custody held in Clearstream fell by 2 per cent YoY to €16,651 billion for November. However, year-to-date figures for 2022 indicate a 3 per cent rise to €16,626 billion for assets under custody.
Clearstream’s Investment Funds Services business also faced declines with securities deposits down 9 per cent YoY to €3,129 billion and the number of transactions processed by the business dropping 16 per cent YoY to €3.6 million.
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