In December 2013, the value of assets under custody held on behalf of customers registered an increase of 6 percent to a record EUR 12.0 trillion (compared to EUR 11.2 trillion in December 2012). Securities held under custody in Clearstream’s international business increased by 6 percent from EUR 5.9 trillion in December 2012 to EUR 6.3 trillion in December 2013 – while domestic German securities held under custody increased by 7 percent from EUR 5.3 trillion in December 2012 to EUR 5.7 trillion in December 2013.
For 2013, yearly average of the value of assets under custody held on behalf of customers reached EUR 11.6 trillion compared to EUR 11.1 trillion in 2012, an increase of 5 percent.
In December 2013, 3.25 million international settlement transactions were processed, a 7 percent increase over December 2012 (3.03 million). Of all international transactions, 83 percent were OTC transactions and 17 percent were registered as stock exchange transactions. For 2013, Clearstream processed 41.11 million international transactions, an increase of 5 percent compared to 2012.
On the German domestic market, settlement transactions in December 2013 reached 6.15 million, 9 percent more than in December 2012 (5.62 million). Of these transactions, 64 percent were stock exchange transactions and 36 percent OTC transactions. In 2013, Clearstream processed 79.86 million domestic settlement transactions compared to 74.83 million in 2012, an increase of 7 percent.
For Global Securities Financing (GSF) services, the monthly average outstanding in December reached EUR 594.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced an increase of 7 percent over December 2012 (EUR 555.7 billion). For the year 2013, monthly average outstanding reached EUR 576.5 billion compared to EUR 570.3 billion in 2012, an increase of 1 percent.
Investment Funds Services (IFS) processed 0.67 million transactions in December 2013, a 24 percent increase over December 2012 (0.54 million). In the year 2013, 7.86 million transactions were processed, a 23 percent increase compared to 2012 (6.36 million).
Jeffrey Tessler, Chief Executive Officer of Clearstream, said: “The regulatory agenda continues to drive change in our industry and market participants are increasingly looking for the right partners to get ready for the emerging market landscape. Our 2013 figures are very encouraging and we close the year with a record in assets under custody. We take the increase in volumes across all of our business areas as a confirmation of our customer value proposition and strategy and thank our clients for the trust they have placed in us in 2013. Market evolution will further accelerate in 2014 and Clearstream will continue to focus on helping its clients navigate a complex industry environment in which there are many opportunities.”
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