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 Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

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: Making lightweight construction suitable for series production

More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.

Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...

Im Focus: Wonder material? Novel nanotube structure strengthens thin films for flexible electronics

Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.

"The structural robustness of thin metal films has significant importance for the reliable operation of smart skin and flexible electronics including...

Im Focus: Deep inside Galaxy M87

The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.

Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...

Im Focus: A Quantum Low Pass for Photons

Physicists in Garching observe novel quantum effect that limits the number of emitted photons.

The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...

Im Focus: Microprocessors based on a layer of just three atoms

Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.

Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Expert meeting “Health Business Connect” will connect international medical technology companies

20.04.2017 | Event News

Wenn der Computer das Gehirn austrickst

18.04.2017 | Event News

7th International Conference on Crystalline Silicon Photovoltaics in Freiburg on April 3-5, 2017

03.04.2017 | Event News

 
Latest News

NASA's Fermi catches gamma-ray flashes from tropical storms

25.04.2017 | Physics and Astronomy

Researchers invent process to make sustainable rubber, plastics

25.04.2017 | Materials Sciences

Transfecting cells gently – the LZH presents a GNOME prototype at the Labvolution 2017

25.04.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>