Deutsche Börse Clearing Shows First Quarter Increases in Volume

The quarterly statistics of Deutsche Börse Clearing show further increases for the first three months of 1999. A total of 17.5 million domestic transactions were settled during this period, 53 percent higher than the number recorded in the first quarter of 1998. Securities transactions settled with a total cash clearing equivalent of EUR3.3 trillion accounted for 16.1 million of the transaction entries. A substantial increase was also reported in collective safe custody at Deutsche Börse Clearing. At the end of March the market of domestic collective safe custody amounted to EUR4.3 trillion.