Deutsche Boerse’s Clearstream Posts Flat Volumes for October

Clearstream’s international business processed 4.5 million transactions during the month ending October 2018.

Clearstream, a provider of post-trade services for financial services participants, has reported its aggregated operational metrics for October 2018, which showed a mixed performance when weighed against its counterparts a year ago, though specific segments did undergo healthy growth.

Looking to October 2018‎, the value of assets under custody held on behalf of customers registered at Clearstream was reported at $15.76 trillion (€13.76 trillion) – this constituted a year-over-year growth of one percent from $15.35 trillion (€13.56 trillion) in October 2017.

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Likewise, securities held under custody in Clearstream’s international business as an international central securities depository (ICSD) rose slightly to $7.75 trillion (€6.77 trillion) in October 2018‎, higher by two percent year-over-year from $7.6 trillion (€6.70 trillion).

In a similar vein, Clearstream’s international business processed 4.5 million transactions during the month ending October 2018, which reflected a rise of 13 percent from four million transactions in October 2017.

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A similar pattern was noted across the company’s securities held under custody in the German central securities depository (CSD) which were on the uptick in October 2018‎, rising to $5.26 trillion (€4.59 trillion), or one percent higher year-over-year from the year prior.

Finally, Clearstream’s Investment Fund Services (IFS) processed 2.2 million transactions during the month ending October 2018‎, which reflected a rise of 11 percent year-over-year from two million transactions in October 2017.

Deutsche Boerse’s settlement arm Clearstream has recently expanded its offering ‎in the funds space by acquiring Swisscanto Funds Centre, the UK ‎subsidiary of Zurich-based financial group Swisscanto.‎

Clearstream, a provider of post-trade services for financial ‎services participants, agreed to buy 100 percent of SFCL business ‎from Zürcher Kantonalbank. Deutsche Börse-owned international central securities depository has paid a sum in “the high double digit million ‎euro range.”

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