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In March the value of assets under custody on behalf of customers rose to € 10.5 trillion, a 4 percent rise from March 2007 (€ 10.1 trillion). Securities held under custody in Clearstream’s international business experienced a rise of 6 percent from €4.6 to €4.9 trillion and domestic German securities held under custody rose by 2 percent from €5.5 trillion to €5.6 trillion.
In March 2.33 million international transactions were processed, 27 percent less than in March 2007 (3.22 million) due to a decline in the number of stock exchange transactions and three less trading days than in March 2007. Of these transactions, 72 percent were Over the Counter (OTC) transactions and 28 percent were registered as stock exchange transactions.
On the German Domestic market, transactions reached 6.63 million, 30,7 percent less than in March 2007 (8.36 million) also due to a decline in the number of stock exchange transactions and three less trading days than in March 2007. Of these transactions 68 percent were stock exchange transactions and 32 percent OTC transactions.
On a quarterly basis, securities transactions show an overall decrease of 6% from 31.3 million to 29.5 million, the 15% decrease in international transactions being offset by a moderate fall of 2% on domestic transactions.
For the Global Securities Financing (GSF) services, monthly average outstandings peaked at € 389.99 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 25 percent over March 2007 (€ 312.55billion).
In the Investment Funds services, 426,650 transactions were processed, a 20,7 percent decrease over March 2007 (617,792).
