Clearstream’s GSF services take a dip
09 November 2012 Frankfurt
Image: Shutterstock
Clearstream has released its October 2012 figures, which reveal an increase in assets under custody, but a dip in global securities financing services.
For global securities financing (GSF) services, the monthly average outstanding reached €551.3 billion. The combined services including triparty repo, securities lending and collateral management, collectively experienced a drop of 16 percent over October 2011.
The value of customer assets under custody has increased to €11.1 trillion, a year-on-year increase of 3 percent, and securities held under custody in international business rose by 1 percent above October 2011 figures to €5.9 trillion.
The investment funds services saw a 65 percent rise from October 2011, with 0.59 million transactions processed.
For global securities financing (GSF) services, the monthly average outstanding reached €551.3 billion. The combined services including triparty repo, securities lending and collateral management, collectively experienced a drop of 16 percent over October 2011.
The value of customer assets under custody has increased to €11.1 trillion, a year-on-year increase of 3 percent, and securities held under custody in international business rose by 1 percent above October 2011 figures to €5.9 trillion.
The investment funds services saw a 65 percent rise from October 2011, with 0.59 million transactions processed.
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