.jpg)
In June 2008, the value of assets under custody on behalf of customers registered a 1 percent rise at € 10.7 trillion (compared to € 10.6 trillion from June 2007). Securities held under custody in Clearstream’s international business experienced a rise of 6 percent from €4.8 to € 5.1 trillion and domestic German securities held under custody decreased slightly by 3 percent from € 5.8 trillion to € 5.6 trillion.
International settlement transactions declined to 2.35 million, 25 percent less than in June 2007 (3.13 million). Despite continued growth of international Over the Counter bond transactions which rose by 19 percent from 1.02 million to 1.22 million in June 2008, retail driven international stock exchange transactions registered a decline due to current market conditions. Of all international transactions, 75 percent were Over the Counter (OTC) transactions and 25 percent were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 6.33 million, 21 percent less than in June 2007 (8.04 million), also a result of reduced retail activity. Of these transactions, 65 percent were stock exchange transactions and 35 percent OTC transactions.
or Global Securities Financing (GSF) services, the monthly average outstandings reached € 404.4 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a steep rise of 23 percent over June 2007 (€ 327.5 billion).
In the Investment Funds services, 387,890 transactions were processed, a 29 percent decrease over June 2007 (545,797).
