Clearsteam’s April 2016 Securities Deposits Paint Mixed Picture

Clearstream's April Securities volumes were a mixed bag, with a largely uneven performance in its deposits.

Clearstream, a provider of post-trade services for financial services participants and member of the Deutsche Borse Group, has reported its business overview and securities turnover for the month ending April 2016, which was largely mixed YoY, according to a recent Clearstream report.

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During April 2016, Clearstream’s Securities deposits ICDS saw a total of $7.6 trillion (€6.73 trillion), which constituted a climb of 1.2% MoM from $7.5 trillion (€6.65 trillion) in April 2015. Generally speaking, the group’s securities deposits ICDS are also performing better year to date (YTD) as of April, besting its 2015 counterpart by 2.0% YTD from April 2015.

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In addition, Securities deposits CDS were unable to notch an improvement over its 2015 equivalent, instead seeing a value of $5.0 trillion (€4.42 trillion) in April 2016 – this was reflective of a drop of -9.6% Yoy from $5.5 trillion (€4.89 trillion) in April 2015. This arm of Clearstream’s business was also lagging behind YTD, seeing a decline of -9.0% YoY thus far into 2016.

Finally, Clearstream’s Securities deposits IFS was pointed higher in April 2016, edging higher to $2.11 trillion (€1.87 trillion) from $2.1 trillion (€1.82 trillion) in April 2015, or 2.7% YoY. This strength was also emblematic of a YTD increase of 5.0% thus far into 2016, relative to 2015.

Clearstream’s volume outstanding GSF was a notable laggard in April 2016, declining double digits to $597.5 trillion (€530.1 trillion) from $708.3 trillion (€628.4 trillion), or -16.0% YoY – by extension, its volume in this realm also took a dive of -16.0% YTD as of April 2016.

Each of these volume segments are largely on par with the rest of its performance this year, with Clearstream suffering from lower than normal volumes as is the case with a multitude of other institutional venues.

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