In November 2009, the value of assets under custody held on behalf of customers registered an increase for the ninth consecutive month and stood at €10.7 trillion, 2 percent higher than in November 2008 (€10.5 trillion). Compared to November 2008, securities held under custody in Clearstream’s international business experienced a rise of 2 percent from €5.3 to €5.5 trillion. Domestic German securities held under custody increased by 2 percent from €5.1 trillion to €5.2 trillion.
International settlement transactions increased by 15 percent (2.75 million) compared to November 2008 (2.38 million). Of that, international Over the Counter (OTC) bond transactions grew by 22 percent from 1.26 million in November 2008 to 1.53 million in November 2009. Of all international transactions, 75 percent were OTC transactions and 25 percent were registered as stock exchange transactions.
On the German domestic market, settlement transactions reached 6.08 million, 8 percent below November 2008 (6.62 million). Of these transactions, 66 percent were stock exchange transactions and 34 percent OTC transactions.
For Global Securities Financing (GSF) services, the monthly average outstandings stood for the second consecutive month above €500 million at €515.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a rise of 21 percent over November 2009 (€ 426.7 billion).
In the Investment Funds services, 366,531 transactions were processed, a 1 percent decrease over November 2008 (369,071) as a result of reduced European investment funds transactions.