International settlement transactions declined to 2.44 million, 13 percent less than in July 2007 (2.82 million). Despite continued growth of international
Over the Counter bond transactions which rose by 25 percent from 0.99 million to 1.23 million in July 2008, retail driven international stock exchange transactions registered a decline due to current market conditions. Of all international transactions, 75 percent were Over the Counter (OTC) transactions and 25 percent were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 7.11 million, 9 percent less than in July 2007 (7.83 million), also a result of reduced retail activity. Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings reached € 388 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 18 percent over July 2007 (€ 329.6 billion).
In the Investment Funds services, 418,176 transactions were processed, a 23 percent decrease over July 2007 (541,631).