Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Clearstream completes 2004 with strong growth in core businesses

06.01.2005


Double digit growth seen in all new business areas

Clearstream experienced strong growth throughout 2004 in all of its main business areas. The value of assets held in custody on behalf of customers rose to approximately EUR 7.6 trillion, a rise of 3.5 percent from the end of 2003. The number of international transactions processed by Clearstream rose to 17.2 million across 2004, an increase of 4.2 percent year on year. 17 percent of these transactions are registered as stock exchange transactions, 83 percent as Over the Counter (OTC) transactions.

Efficiency gains made possible by the introduction of the equity central counterparty in March 2003 continues to impact domestic settlement transactions in Germany. Due to the successful introduction of the equity central counterparty in 2003, the number for domestic transactions decreased as expected by 27.6 percent from 45.3 million in 2003 to 32.8 million in 2004 with a ratio of 65 percent stock exchange transactions to 35 percent OTC transactions.

Within the Global Securities Financing services business at Clearstream strong growth continues to develop. The combined services include tripartite repo, securities lending and collateral management and for December 2004 the average of collateral under management amounted to EUR 136.4 billion representing a rise of 22.7 percent from the 2003 end of year figure of EUR 111.2 billion.

Clearstream’s investment funds service showed continued volume increases with the number of investment funds related instructions processed reaching an annual total of 1.63 million for 2004, a rise of 31.4 percent from the previous year (2003: 1.24 million). The figure for December 2004 alone of 167,390 instructions represented an increase of 11.2 percent above the previous month (Nov. 2004: 149,822). On Monday 24 January 2005, Clearstream will launch an enhanced version of its investment funds service called Vestima+.

Clearstream also experienced record growth levels with its CreationOnline real-time information service as customer interactions reached another new record level of 1.95 million interactions during December 2004, representing an increase of 10.8 percent from the previous month. The number of registered users of CreationOnline increased last month by 606 to reach a total of 16,391 across 78 countries. User numbers are more than 2.5 times higher than at the end of 2003.

Yolande Theis and Graham Cope will be happy to answer questions from the news desks: phone +352 2433 1500.

Media Relations | Deutsche Börse
Further information:
http://www.deutsche-boerse.com

More articles from Business and Finance:

nachricht Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Spider silk key to new bone-fixing composite

University of Connecticut researchers have created a biodegradable composite made of silk fibers that can be used to repair broken load-bearing bones without the complications sometimes presented by other materials.

Repairing major load-bearing bones such as those in the leg can be a long and uncomfortable process.

Im Focus: Writing and deleting magnets with lasers

Study published in the journal ACS Applied Materials & Interfaces is the outcome of an international effort that included teams from Dresden and Berlin in Germany, and the US.

Scientists at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) together with colleagues from the Helmholtz-Zentrum Berlin (HZB) and the University of Virginia...

Im Focus: Gamma-ray flashes from plasma filaments

Novel highly efficient and brilliant gamma-ray source: Based on model calculations, physicists of the Max PIanck Institute for Nuclear Physics in Heidelberg propose a novel method for an efficient high-brilliance gamma-ray source. A giant collimated gamma-ray pulse is generated from the interaction of a dense ultra-relativistic electron beam with a thin solid conductor. Energetic gamma-rays are copiously produced as the electron beam splits into filaments while propagating across the conductor. The resulting gamma-ray energy and flux enable novel experiments in nuclear and fundamental physics.

The typical wavelength of light interacting with an object of the microcosm scales with the size of this object. For atoms, this ranges from visible light to...

Im Focus: Basel researchers succeed in cultivating cartilage from stem cells

Stable joint cartilage can be produced from adult stem cells originating from bone marrow. This is made possible by inducing specific molecular processes occurring during embryonic cartilage formation, as researchers from the University and University Hospital of Basel report in the scientific journal PNAS.

Certain mesenchymal stem/stromal cells from the bone marrow of adults are considered extremely promising for skeletal tissue regeneration. These adult stem...

Im Focus: Like a wedge in a hinge

Researchers lay groundwork to tailor drugs for new targets in cancer therapy

In the fight against cancer, scientists are developing new drugs to hit tumor cells at so far unused weak points. Such a “sore spot” is the protein complex...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Invitation to the upcoming "Current Topics in Bioinformatics: Big Data in Genomics and Medicine"

13.04.2018 | Event News

Unique scope of UV LED technologies and applications presented in Berlin: ICULTA-2018

12.04.2018 | Event News

IWOLIA: A conference bringing together German Industrie 4.0 and French Industrie du Futur

09.04.2018 | Event News

 
Latest News

Magnetic nano-imaging on a table top

20.04.2018 | Physics and Astronomy

Start of work for the world's largest electric truck

20.04.2018 | Interdisciplinary Research

Atoms may hum a tune from grand cosmic symphony

20.04.2018 | Physics and Astronomy

VideoLinks
Science & Research
Overview of more VideoLinks >>>