Demand drops for Clearstream鈥檚 sec finance services
10 September 2015 Luxembourg
Image: Shutterstock
Post-trade services provider Clearstream experienced a 3 percent drop off for global securities financing (GFS) services last month, falling to 鈧�613 billion, according to its August figures.
The combined securities services, which includes securities lending, triparty repo and collateral management, collectively achieved a monthly average outstanding of 鈧�591.7 billion.
But Clearstream鈥檚 GSF monthly average outstanding has actually increased overall from 鈧�597.9 billion to 鈧�617.2 billion since the beginning of the year, representing a 3 percent growth.
Overall, Clearstream saw a 25 percent increase in German central securities depository settlement transactions, compared to August 2014.
There was also a 16 percent increase in investment funds transactions compared to August of last year.
The total value of Clearstream鈥檚 assets under custody held on behalf of customers registered an increase of 8 percent for August 2015, to 鈧�13.2 trillion, compared to 鈧�12.2 trillion in August 2014.
There was also a 10 percent increase in securities held under custody in Clearstream鈥檚 international business as international central securities depository, representing a rise from 鈧�6.5 trillion in August 2014 to 鈧�7.2 trillion for the same time this year.
The combined securities services, which includes securities lending, triparty repo and collateral management, collectively achieved a monthly average outstanding of 鈧�591.7 billion.
But Clearstream鈥檚 GSF monthly average outstanding has actually increased overall from 鈧�597.9 billion to 鈧�617.2 billion since the beginning of the year, representing a 3 percent growth.
Overall, Clearstream saw a 25 percent increase in German central securities depository settlement transactions, compared to August 2014.
There was also a 16 percent increase in investment funds transactions compared to August of last year.
The total value of Clearstream鈥檚 assets under custody held on behalf of customers registered an increase of 8 percent for August 2015, to 鈧�13.2 trillion, compared to 鈧�12.2 trillion in August 2014.
There was also a 10 percent increase in securities held under custody in Clearstream鈥檚 international business as international central securities depository, representing a rise from 鈧�6.5 trillion in August 2014 to 鈧�7.2 trillion for the same time this year.
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