Clearstream sees rise in international transactions of 14.4 percent in May(PresseBox) (Frankfurt am Main, )
Additionally, the value of assets held in custody on behalf of customers rose to EUR 8.1 trillion, a rise of 6.4 percent from the end of the same month last year (May 2004 EUR 7.6 trillion). For domestic settlement transactions in Germany, the figure stood at 2.38 million in May 2005 representing a decrease of 11.3 percent on the same period last year (May 2004: 2.69 million). The ratio for domestic settlement transactions was 65 percent stock exchange transactions to 35 percent OTC transactions.
Clearstream continues to experience strong growth within the strategically important Global Securities Financing services business with monthly average outstandings reaching EUR 177.9 billion. The combined services include tripartite repo, securities lending and collateral management and collectively experienced a rise of over 33 percent from the same month last year (May 2004: EUR 133.7 billion).
Clearstream's investment funds service called Vestima+ showed further volume increases with the number of investment funds related instructions processed reaching 158,533 in May 2005, a rise of 23.4 percent from the same month last year (May 2004: 128,423).