Clearstream sees rise in international transactions of 14.4 percent in May

Clearstream’s core business areas saw further growth during May 2005 with the number of international transactions processed by Clearstream rising to 1.52 million for the month representing a rise of 14.4 percent compared to the same month last year (May 2004: 1.33 million). Of these transactions, 14 percent are registered as stock exchange transactions, 86 percent are Over the Counter (OTC) transactions.

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).

Media Contact

Media Relations Deutsche Boerse Group

More Information:

http://www.deutsche-boerse.com

All latest news from the category: Business and Finance

This area provides up-to-date and interesting developments from the world of business, economics and finance.

A wealth of information is available on topics ranging from stock markets, consumer climate, labor market policies, bond markets, foreign trade and interest rate trends to stock exchange news and economic forecasts.

Back to home

Comments (0)

Write a comment

Newest articles

Lighting up the future

New multidisciplinary research from the University of St Andrews could lead to more efficient televisions, computer screens and lighting. Researchers at the Organic Semiconductor Centre in the School of Physics and…

Researchers crack sugarcane’s complex genetic code

Sweet success: Scientists created a highly accurate reference genome for one of the most important modern crops and found a rare example of how genes confer disease resistance in plants….

Evolution of the most powerful ocean current on Earth

The Antarctic Circumpolar Current plays an important part in global overturning circulation, the exchange of heat and CO2 between the ocean and atmosphere, and the stability of Antarctica’s ice sheets….

Partners & Sponsors