Brussels
07 March 2014
Reporter: Georgina Lavers

Euroclear's AUC rises 5 percent


Euroclear released its highlights of 2013, which showed that the value of securities held on behalf of its clients grew 5 percent year-on-year, to €24.2 trillion.

The number of netted transactions settled in the Euroclear group grew by 7.1 percent to a record 170.4 million, and the value of securities transactions settled, was €572.8 trillion, a 5.8 percent increase over the prior year.

Euroclear’s ‘collateral highway’ mobilised an average of €787 billion of collateralised transactions daily, a 12 percent increase year-on-year.

The value of funds serviced by FundSettle increased by 18 percent year-on-year and the volume of funds transactions processed by the group grew by 16 percent to reach 17.6 million.

Fund orders routed through Euroclear UK and Ireland’s EMX message system increased by 19.5 percent to a record 49 million messages in this period.

The firm also stated that it had successfully addressed the operational inefficiencies in the way exchange-traded funds (ETFs) are issued and settled in Europe by introducing an international ETF structure.

“By partnering with BlackRock to create an ETF structure that uses a single European settlement location, the market will benefit from improved trading liquidity, a reduction in operational risk and lower transaction costs for end investors.”

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