Clearstream, a
post-trade services provider owned by the Deutsche Börse Group, saw small
increases in its business lines in April.
These upticks spread
across the services provider’s global securities financing (GSF), international
central securities depository (ICSD), domestic CSD, and investment funds services
(IFS).
The updates are
contained in the provider’s monthly figures for April 2022 released
on Wednesday.
Segmental Breakdown
GSF, Clearstream’s collateral
management, securities lending and borrowing services, saw its volume
outstanding rise by 8% month-on-month (MoM) from €546 billion to €591.5
billion.
On a year-to-date (YTD)
basis, the provider’s GSF service jumped 10% from €525.9 billion to €577.1
billion.
On the depository side, securities deposits in Clearstream’s
ICSD increased by 7% MoM, rising from €7,234 billion to €7,749 billion.
However, the total
number of securities deposit transactions during this period at the ICSD dropped
-6% to 5.7 million from 6.1 million.
On a YTD basis, while
the uptick in total securities deposits is a 5% increase, the fall in the total
number of transactions stands at -15%.
At the domestic level, Clearstream’s securities deposits rose by 2% from €5,551
billion in April 2021 to €5,653 in April 2022.
However, unlike the
ICSD, this rise in domestic securities deposits stems from a 4% change MoM in
the total number of transactions which shot up from 13 million to 13.5 million.
In fact, on a YTD basis,
the uptick in the domestic CDS translates to a 7% upturn in securities deposits and a 10%
rise in the total number of transactions.
Clearstream’s Investment
Funds Services is not left out. The services provider’s IFS recorded a 6% top
up in securities deposits which rose MoM from €3,137 to €3,329.
The total number of
transactions in this regard increased by 4%, rising from 3.5 million to 3.6
million MoM.
As a result of these,
Clearstream’s IFS’ assets under custody (AUC) also jumped 5% MoM and 7% YTD,
rising from €15,921 billion to €16,731 billion, and from €15,652 billion to
€16,704 billion, respectively.
Clearstream’s Recent
Moves
Last month, Clearstream sold its 50%
stake in REGIS-TR, an
European trade repository it co-founded in 2010, to Iberclear, a sub-subsidiary
of the Swiss Infrastructure and Exchange Group (SIX).
With the acquisition, SIX,
a Swiss stock exchange and the parent company of the Bolsas y Mercados
Españoles (BME), became 100% owner of the repository.
Clearstream last month
also entered into a
partnership with FNZ, a leading international wealth management platform, to enhance transparency
across the UK and the European asset management industry.
Clearstream, a
post-trade services provider owned by the Deutsche Börse Group, saw small
increases in its business lines in April.
These upticks spread
across the services provider’s global securities financing (GSF), international
central securities depository (ICSD), domestic CSD, and investment funds services
(IFS).
The updates are
contained in the provider’s monthly figures for April 2022 released
on Wednesday.
Segmental Breakdown
GSF, Clearstream’s collateral
management, securities lending and borrowing services, saw its volume
outstanding rise by 8% month-on-month (MoM) from €546 billion to €591.5
billion.
On a year-to-date (YTD)
basis, the provider’s GSF service jumped 10% from €525.9 billion to €577.1
billion.
On the depository side, securities deposits in Clearstream’s
ICSD increased by 7% MoM, rising from €7,234 billion to €7,749 billion.
However, the total
number of securities deposit transactions during this period at the ICSD dropped
-6% to 5.7 million from 6.1 million.
On a YTD basis, while
the uptick in total securities deposits is a 5% increase, the fall in the total
number of transactions stands at -15%.
At the domestic level, Clearstream’s securities deposits rose by 2% from €5,551
billion in April 2021 to €5,653 in April 2022.
However, unlike the
ICSD, this rise in domestic securities deposits stems from a 4% change MoM in
the total number of transactions which shot up from 13 million to 13.5 million.
In fact, on a YTD basis,
the uptick in the domestic CDS translates to a 7% upturn in securities deposits and a 10%
rise in the total number of transactions.
Clearstream’s Investment
Funds Services is not left out. The services provider’s IFS recorded a 6% top
up in securities deposits which rose MoM from €3,137 to €3,329.
The total number of
transactions in this regard increased by 4%, rising from 3.5 million to 3.6
million MoM.
As a result of these,
Clearstream’s IFS’ assets under custody (AUC) also jumped 5% MoM and 7% YTD,
rising from €15,921 billion to €16,731 billion, and from €15,652 billion to
€16,704 billion, respectively.
Clearstream’s Recent
Moves
Last month, Clearstream sold its 50%
stake in REGIS-TR, an
European trade repository it co-founded in 2010, to Iberclear, a sub-subsidiary
of the Swiss Infrastructure and Exchange Group (SIX).
With the acquisition, SIX,
a Swiss stock exchange and the parent company of the Bolsas y Mercados
Españoles (BME), became 100% owner of the repository.
Clearstream last month
also entered into a
partnership with FNZ, a leading international wealth management platform, to enhance transparency
across the UK and the European asset management industry.
Source: https://www.financemagnates.com/institutional-forex/clearstream-sees-upticks-in-global-securities-financing-csd-services-in-april/