Clearstream`s April 2015 figures

Luxembourg / Frankfurt, 13 May 2015
Clearstream’s April 2015 figures
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14 percent increase in settlement transactions compared to April 2014
Monthly average outstanding in Global Securities Financing reached EUR 628.4
billion
Investment Fund Services processed 26 percent more transactions than in April
2014
Media Release
Business stream 1: Custody
In April 2015, the overall value of assets under custody held on behalf of customers
registered an increase of 10 percent to EUR 13.3 trillion (compared to EUR 12.1
trillion in April 2014).
Securities held under custody in Clearstream’s international business as international
central securities depository (ICSD) increased by 11 percent from EUR 6.4 trillion in
April 2014 to EUR 7.1 trillion in April 2015.
Securities held under custody in the German central securities depository (CSD)
increased by 10 percent from EUR 5.7 trillion in April 2014 to EUR 6.3 trillion in April
2015.
For the period year-to-date April 2015, the combined value of assets under custody in
the German domestic CSD and global ICSD business increased by 10 percent
compared to the same period last year (YTD April 2015: EUR 13.2 trillion; YTD April
2014: EUR 12.1 trillion).
Business stream 2: Settlement
In April 2015, 3.8 million international (ICSD) settlement transactions were processed,
a 6 percent increase over April 2014 (3.6 million). Of all international transactions, 82
percent were OTC transactions and 18 percent were registered as stock exchange
transactions.
On the German domestic market, CSD settlement transactions in April 2015 reached
7.7 million, 18 percent more than in April 2014 (6.5 million). Of these transactions,
64 percent were stock exchange transactions and 36 percent OTC transactions.
For the period year-to-date April 2015, the number of settlement transactions (OTC and
stock exchange combined) processed for the German domestic CSD and global ICSD
business combined increased by 13 percent compared to the same period last year
(YTD April 2015: 48.8 million; YTD April 2014: 43.2 million). The Investment Fund
Services business contributed to this growth in the ICSD business as its corresponding
transactions registered a 21 percent increase.
Business stream 3: Global Securities Financing
For Global Securities Financing (GSF) services, the monthly average outstanding in
April 2015 reached EUR 628.4 billion. The combined services, which include triparty
repo, securities lending and collateral management, collectively experienced an
increase of 7 percent over April 2014 (EUR 589.8 billion).
The GSF monthly average outstanding has grown by 8 percent from the period year-todate April 2014 (EUR 582.5 billion) to the period year-to-date April 2015 (EUR 628.4
billion).
Business stream 4: Investment Fund Services
Investment Fund Services (IFS) processed 0.9 million transactions in April 2015, a 26
percent increase over April 2014 (0.7 million).
IFS transactions have grown by 21 percent from 2.9 million processed in the period
year-to-date April 2014 to 3.5 million in the period year-to-date April 2015.
As of 3 October 2014 Clearstream owns CGSS Ltd in Cork, Ireland, providing hedge
fund trade execution and fund custody processing services for financial institutions.
Until Citco Bank’s financial institution customers have fully migrated to Clearstream
(planned for Q3/2015), the involved asset volumes are still serviced on behalf of Citco
Bank and will neither be fully included in Clearstream’s assets under custody volumes
nor be included in the number of investment fund transactions.
Mathias Papenfuß, Head of Operations and Member of the Clearstream Executive
Board, commented: “TARGET2-Securities is just around the corner and the industry is
in a very complex transition phase. In addition, regulatory challenges increase the
pressure on customers and bind their resources. Clearstream is a very reliable partner
with a comprehensive portfolio of services designed to relieve this burden and our April
figures are further proof that our customers appreciate this offering. The next few
months will be transformational for the industry and we look forward to supporting our
customers going forward.”
Core business figures
April 2014
April 2015
Settlement transactions (in millions)
OTC
Stock Exchange
International
OTC
Stock Exchange
Domestic
Total
3.01
0.57
3.58
2.41
4.09
6.50
10.07
3.10
0.70
3.80
2.77
4.91
7.68
11.48
Assets under custody (in EUR trillion)
Total
International
Domestic
12.08
6.38
5.70
13.35
7.08
6.27
Media contact
Oliver Frischemeier, +352 243 36606
[email protected]