Clearstream GSF records 9% growth

Clearstream GSF records 9% growth

Clearstream's global securities financing (GSF) services recorded a monthly average outstanding of €613bn in August.

The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 9% over August 2013 to €562.6bn.

The GSF monthly average outstanding has grown by 5% from the period year-to-date August 2013 €570.8bn to the period year-to-date August 2014 €597.9bn.

Clearstream's August settlement transaction figures have remained stable compared to the previous year.

Some 3.1 million international CSD settlement transactions were processed, the same as last year. Most (84%) were OTC transactions and 16% registered as going through a stock exchange.

On the German domestic market, CSD settlement transactions in August reached 6.5 million, which was also stable compared to August 2013 6.5 million. 64% of these transactions were on the stock exchange against 36% OTC.

For the period year-to-date August 2014, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined increased by 2% compared to the same period last year to 83.2m.

Clearstream recorded a 6% year-on-year increase in assets under custody in August 2014. The overall value of assets under custody held on behalf of customers was €12.2trn, compared to €11.6trn in August 2013.

Securities held under custody in Clearstream’s international business as international central securities depository (CSD) also increased by 6% to €6.5trn in August 2014. Securities held under custody in the German CSD increased by 5% to €5.7trn in August 2014.

The investment funds services business contributed to this growth in the  international CSD business as its corresponding transactions registered a 10% rise year-on-year to 0.7 million transactions. 

Thought Leaders

Emerging markets securities lending update

eSecLending's Ed Oliver provides an update on securities lending in emerging...

Pirum in the Americas: An evolving company in complex times

Nancy Steiker, head of business development, Americas, Pirum

HSBC: Navigating EM complexities through customisation

Matt Kiraly and Murat Demir discuss emerging market trends in Latin America.

Challenges to the sec finance status quo

Natixis’ Anthony Caserta and Saverio Costa outline the opportunities and...

EquiLend Spire: Untangling the sec finance spider web

EquiLend’s Paul Lynch and Dan Dougherty and Stonewain’s Armeet Sandhu spoke to...