Clearstream, a post-trade services provider owned by the Deutsche Börse Group, recorded a total of €16,528 billion in assets under custody (AUC) in July.
This is a marginal drop of 0.14% month-over-month (MoM) from the €16,551 billion the clearing house recorded in June.
However, on a year-over-year (YoY) basis, the July figure is a 1% growth from the €16,380 posted in July 2022.
This data is contained in the Clearstream monthly figures for July 2022 released on Monday and analyzed by Finance Magnates.
In June, Clearstream had equally recorded a marginal 0.4% MoM increase in AUC. The figure in the month rose from €16,479 billion posted earlier in May. On a YoY basis, this was a 2% increase in June.
On a year-to-date (YTD) basis, Clearstream posted a 5% growth in AUC in July 2022, managing €16,625 billion in assets. In the same period last year, the central securities depository (CDS) firm had posted €15,890 billion in assets under custody.
However, the YTD as of July is a 1% drop from the amount seen earlier in June. The settlement firm managed €16,641 billion between January and June this year.
Domestic & International CSD Business
Clearstream’s international central securities depository (ICSD) recorded a 1.35% increase in securities deposits in July.
Volumes in this business increased slightly from €7,806 billion in June to €7,911 billion last month. However, on a YoY basis, this is a much better increase of 8% from €7,339 in July 2021.
Also, the number of securities deposit transactions hit 5.3 million in July, dropping by -5.4% from the 5.6 billion recorded in June. Year-over-year, it’s a 9% decline from the six million posted in the same period last year.
At the domestic CDS, Clearstream’s data shows that securities deposits at this level came in at €5,426 billion. This is a 2.1% drop from the €5,541 billion posted in June and 6% from July 2021’s €5,760 billion.
However, the domestic CDS saw a significant fall in the total number of securities deposit transactions in July. The deposit transactions slumped 11.1% to 12.6 million in July, dropping from June’s 14.2 million.
On a year-to-date basis, securities deposits at the domestic CDS surged 13.2% to 109 million transactions in July. As of June, the CDS posted 96.3 million in its total desposits since January 2022.
Clearstream's IFS & GSF
Securities deposits on Clearstream’s Investment Funds Services (IFS) hit €3,192 billion in July, which is a 0.34% marginal decrease from June’s €3,203 billion. Year-over-year, this is a 3% drop.
Additionally, the number of securities deposit transactions on IFS dropped 8.11% to 3.4 million in July. In June, 3.7 million transactions were recorded.
Meanwhile, Global Securities Financing (GSF), Clearstream’s collateral management, securities lending and borrowing services, saw minimal growth in July.
The volume outstanding on GSP in July rose 2.1% to €602.9 billion from €590.6 billion in June. On a YoY basis, the volume increased 9% from €550.7 billion posted in July 2021.
