Clearstream’s December Turnover Stagnates, Settlement Figures Mixed

Clearstream, a provider of post-trade services for financial services participants, has reported its financial statistics for the month ending December 2016, across each of the four units of its global business. The latest statistics were largely unchanged MoM, though specific segments did undergo healthy growth, according to a group report.

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Looking to December 2016, the value of assets under custody held on behalf of customers registered at Clearstream was reported at $14.33 trillion (€13.40 trillion) – this constituted a MoM growth of 1.5% from $14.13 trillion (€13.21 trillion) in November 2016.

Looking across a yearly timeframe, Clearstream’s December 2016’s assets were marginally higher by a factor of 1.0% YoY, largely static compared to $14.18 trillion (€13.26 trillion) in December 2015.

Furthermore, securities held under custody in Clearstream’s international business as an international central securities depository (ICSD) rose to $7.29 trillion (€6.82 trillion) in December 2016, virtually unchanged MoM from $7.5 trillion (€6.85 trillion) in November 2016. The latest figures were also stagnant compared to 2015, vs. $7.23 trillion (€6.76 trillion) in December 2015.

Finally, securities held under custody in the German central securities depository (CSD) were on the uptick in December 2016, climbing to $4.84 trillion (€4.53 trillion), or 2.0% higher MoM from $4.75 trillion (€4.44 trillion) in November 2016. This performance wasn’t changed over a YoY period, coming in at $4.91 trillion (€4.59 trillion) in December 2015, or less than -1.0% YoY.

Settlement

In December 2016, 3.2 million international (ICSD) settlement transactions were processed at Clearstream, falling -5.9% MoM from 3.4 million transactions in November 2016. Measured against its 2015 counterpart, this figure was higher by 14.3% YoY from 2.8 million transactions in December 2015.

Global Securities Financing

In terms of Clearstream’s Global Securities Financing (GSF) services, the monthly average outstanding during December 2016 extended a recent decline to move down to $527.1 billion (€492.5 billion), or 1.1% higher MoM from $521.1 billion (€487.2 billion) in November 2016.

The group’s combined services in December 2016, which include triparty repo, securities lending, and collateral management, also fell by a combined figure of -9.1% YoY from $580.1 billion (€542.1 billion) in December 2015.

Investment Fund Services

Finally, Clearstream’s Investment Fund Services (IFS) processed 1.8 million transactions during the month ending December 2016, which reflected a rise 5.9% MoM from 1.7 million transactions in November 2016 and 15.0% YoY from 1.6 million transactions in December 2015.

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