Chilly January for Clearstream

Clearstream has released its figures for January 2016, noting a slight increase in assets under custody, but a dip in the number of transactions.

Assets under custody increased by 1 percent, from €12.8 trillion in January 2015 to €13 trillion in January 2016.

Securities under custody in the international central securities depository (ICSD) saw an increase of 4 percent, reaching €7.1 trillion, compared to €6.8 trillion in January last year.

However, securities held in the German central securities depository (CSD) saw a slight dip of 2 percent, falling from €6 trillion in January 2015 to €5.8 trillion in the latest figures.

In transactions, the ICSD saw a 13 percent drop, processing 3.3 million transactions, compared to 3.8 million in January 2015. Of these, 84 percent were over-the-counter (OTC) transactions, and 16 percent were registered as stock exchange transactions.

On the domestic German market, CSD settlement transactions reached 7.3 million, 9 percent down on January 2015, which saw a total of 8 million transactions processed. Of this year’s figure, 35 percent were OTC transactions and 65 percent were registered on the stock exchange.

The investment fund services also saw a significant 12 percent drop in the number of transactions processed, reaching a total of 730,000 in January 2016, compared to January 2016’s total of 830,000.