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 Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)

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

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: Nanoparticles help with malaria diagnosis – new rapid test in development

The WHO reports an estimated 429,000 malaria deaths each year. The disease mostly affects tropical and subtropical regions and in particular the African continent. The Fraunhofer Institute for Silicate Research ISC teamed up with the Fraunhofer Institute for Molecular Biology and Applied Ecology IME and the Institute of Tropical Medicine at the University of Tübingen for a new test method to detect malaria parasites in blood. The idea of the research project “NanoFRET” is to develop a highly sensitive and reliable rapid diagnostic test so that patient treatment can begin as early as possible.

Malaria is caused by parasites transmitted by mosquito bite. The most dangerous form of malaria is malaria tropica. Left untreated, it is fatal in most cases....

Im Focus: A “cosmic snake” reveals the structure of remote galaxies

The formation of stars in distant galaxies is still largely unexplored. For the first time, astron-omers at the University of Geneva have now been able to closely observe a star system six billion light-years away. In doing so, they are confirming earlier simulations made by the University of Zurich. One special effect is made possible by the multiple reflections of images that run through the cosmos like a snake.

Today, astronomers have a pretty accurate idea of how stars were formed in the recent cosmic past. But do these laws also apply to older galaxies? For around a...

Im Focus: Visual intelligence is not the same as IQ

Just because someone is smart and well-motivated doesn't mean he or she can learn the visual skills needed to excel at tasks like matching fingerprints, interpreting medical X-rays, keeping track of aircraft on radar displays or forensic face matching.

That is the implication of a new study which shows for the first time that there is a broad range of differences in people's visual ability and that these...

Im Focus: Novel Nano-CT device creates high-resolution 3D-X-rays of tiny velvet worm legs

Computer Tomography (CT) is a standard procedure in hospitals, but so far, the technology has not been suitable for imaging extremely small objects. In PNAS, a team from the Technical University of Munich (TUM) describes a Nano-CT device that creates three-dimensional x-ray images at resolutions up to 100 nanometers. The first test application: Together with colleagues from the University of Kassel and Helmholtz-Zentrum Geesthacht the researchers analyzed the locomotory system of a velvet worm.

During a CT analysis, the object under investigation is x-rayed and a detector measures the respective amount of radiation absorbed from various angles....

Im Focus: Researchers Develop Data Bus for Quantum Computer

The quantum world is fragile; error correction codes are needed to protect the information stored in a quantum object from the deteriorating effects of noise. Quantum physicists in Innsbruck have developed a protocol to pass quantum information between differently encoded building blocks of a future quantum computer, such as processors and memories. Scientists may use this protocol in the future to build a data bus for quantum computers. The researchers have published their work in the journal Nature Communications.

Future quantum computers will be able to solve problems where conventional computers fail today. We are still far away from any large-scale implementation,...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Ecology Across Borders: International conference brings together 1,500 ecologists

15.11.2017 | Event News

Road into laboratory: Users discuss biaxial fatigue-testing for car and truck wheel

15.11.2017 | Event News

#Berlin5GWeek: The right network for Industry 4.0

30.10.2017 | Event News

 
Latest News

Previous evidence of water on mars now identified as grainflows

21.11.2017 | Physics and Astronomy

NASA's James Webb Space Telescope completes final cryogenic testing

21.11.2017 | Physics and Astronomy

New catalyst controls activation of a carbon-hydrogen bond

21.11.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>