Clearstream Reports a 12% Uptick in Assets under Custody for July 2021 PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Clearstream Reports a 12% Uptick in Assets under Custody for July 2021

Clearstream, Deutsche Börse’s post-trade service provider, has published on Tuesday its monthly metrics for July. According to the report, the number of securities deposits for its international business (ICSD) was EUR 7,339 billion last month, up 4% compared to the same period in 2020, representing a yearly reading change of 1%. On the other hand, the number of transactions fell in July to 5.8 mn from the 6.1 mn hit in the same period last year, falling by -4%.

Per the domestic business (CSD), Clearstream reported EUR 5,760 billion in securities deposits, up 17% compared to the same period last year, whose number was EUR 4,905. The report also noted that the number of transactions for CSD was 13.9 mn, slightly up compared to the 13.0 mn figure seen in July 2020, representing an uptick of 7%.

Moving onto the investment funds services (IFS), the Deutsche Börse’s post-trade service provider highlighted that securities deposits for July were EUR 3,280 billion, representing a surge of 23% compared to the same period last year, whose figure was EUR 2,659. That said, the number of transactions hovered around 3.5 mn in the previous month, compared to the 3.2 number seen in the same period last year, representing a rise of 10%.

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Total Assets under Custody in July 2021

Also, Clearstream reported that its assets under custody as of July 2021 were EUR 16,380 billion, up 12% compared to July 2020, which hit the EUR 14,650 billion threshold.

Early this year, the post-trade services provider for financial services participants reported that the value of assets under custody held on behalf of customers registered €15.38 trillion in January, which is up 4% from €14.73 trillion the previous year.

Additionally, the number of traded financial derivatives contracts enjoyed a very positive January with notional outstanding volumes rising 26 percent to 6.8 million transactions from 5.4 million a year earlier.

Source: https://www.financemagnates.com/institutional-forex/exchanges/clearstream-reports-a-12-uptick-in-assets-under-custody-for-july-2021/

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