Clearstream Sees Upticks in Global Securities Financing, CSD Services in April

Wednesday, 11/05/2022 | 18:09 GMT by Solomon Oladipupo
  • AUC rose 5% MoM to €16,731 billion.
  • The total transactions at ICSD fell -6% to 5.7 million.
Clearstream Sees Upticks in Global Securities Financing, CSD Services in April
Clearstream's building

Clearstream, a post-trade services provider owned by the Deutsche Börse Group, saw small increases in its business lines in April.

These upticks spread across the services provider’s global securities financing (GSF), international central securities depository (ICSD), domestic CSD and investment funds services (IFS).

The updates are contained in the provider’s monthly figures for April 2022 released on Wednesday.

Segmental Breakdown

GSF, Clearstream’s collateral management, securities lending and borrowing services, saw its volume rise outstandingly by 8% month-on-month (MoM) from €546 billion to €591.5 billion.

On a year-to-date (YTD) basis, the provider’s GSF service jumped 10% from €525.9 billion to €577.1 billion.

On the depository side, securities deposits in Clearstream’s ICSD increased by 7% MoM, rising from €7,234 billion to €7,749 billion.

However, the total number of securities deposit transactions during this period at the ICSD dropped -6% to 5.7 million from 6.1 million.

On a YTD basis, while the uptick in total securities deposits is a 5% increase, the fall in the total number of transactions stands at -15%.

At the domestic level, Clearstream’s securities deposits rose by 2% from €5,551 billion in April 2021 to €5,653 in April 2022.

However, unlike the ICSD, this rise in domestic securities deposits stems from a 4% change MoM in the total number of transactions which shot up from 13 million to 13.5 million.

In fact, on a YTD basis, the uptick in the domestic CDS translates to a 7% upturn in securities deposits and a 10% rise in the total number of transactions.

Clearstream’s Investment Funds Services is not left out. The services provider’s IFS recorded a 6% increase in securities deposits, which rose MoM from €3,137 to €3,329.

The total number of transactions in this regard increased by 4%, rising from 3.5 million to 3.6 million MoM.

As a result of these, Clearstream’s IFS’ assets under custody (AUC) also jumped 5% MoM and 7% YTD, rising from €15,921 billion to €16,731 billion, and from €15,652 billion to €16,704 billion, respectively.

Clearstream’s Recent Moves

Last month, Clearstream sold its 50% stake in REGIS-TR, a European trade repository it co-founded in 2010, to Iberclear, a sub-subsidiary of the Swiss Infrastructure and Exchange Group (SIX).

With the acquisition , SIX, the Swiss stock exchange and the parent company of the Bolsas y Mercados Españoles (BME), became the sole owner of the repository.

Last month, Clearstream entered into a partnership with FNZ, a leading international wealth management platform, to enhance transparency across the UK and the European asset management industry.

Clearstream, a post-trade services provider owned by the Deutsche Börse Group, saw small increases in its business lines in April.

These upticks spread across the services provider’s global securities financing (GSF), international central securities depository (ICSD), domestic CSD and investment funds services (IFS).

The updates are contained in the provider’s monthly figures for April 2022 released on Wednesday.

Segmental Breakdown

GSF, Clearstream’s collateral management, securities lending and borrowing services, saw its volume rise outstandingly by 8% month-on-month (MoM) from €546 billion to €591.5 billion.

On a year-to-date (YTD) basis, the provider’s GSF service jumped 10% from €525.9 billion to €577.1 billion.

On the depository side, securities deposits in Clearstream’s ICSD increased by 7% MoM, rising from €7,234 billion to €7,749 billion.

However, the total number of securities deposit transactions during this period at the ICSD dropped -6% to 5.7 million from 6.1 million.

On a YTD basis, while the uptick in total securities deposits is a 5% increase, the fall in the total number of transactions stands at -15%.

At the domestic level, Clearstream’s securities deposits rose by 2% from €5,551 billion in April 2021 to €5,653 in April 2022.

However, unlike the ICSD, this rise in domestic securities deposits stems from a 4% change MoM in the total number of transactions which shot up from 13 million to 13.5 million.

In fact, on a YTD basis, the uptick in the domestic CDS translates to a 7% upturn in securities deposits and a 10% rise in the total number of transactions.

Clearstream’s Investment Funds Services is not left out. The services provider’s IFS recorded a 6% increase in securities deposits, which rose MoM from €3,137 to €3,329.

The total number of transactions in this regard increased by 4%, rising from 3.5 million to 3.6 million MoM.

As a result of these, Clearstream’s IFS’ assets under custody (AUC) also jumped 5% MoM and 7% YTD, rising from €15,921 billion to €16,731 billion, and from €15,652 billion to €16,704 billion, respectively.

Clearstream’s Recent Moves

Last month, Clearstream sold its 50% stake in REGIS-TR, a European trade repository it co-founded in 2010, to Iberclear, a sub-subsidiary of the Swiss Infrastructure and Exchange Group (SIX).

With the acquisition , SIX, the Swiss stock exchange and the parent company of the Bolsas y Mercados Españoles (BME), became the sole owner of the repository.

Last month, Clearstream entered into a partnership with FNZ, a leading international wealth management platform, to enhance transparency across the UK and the European asset management industry.

About the Author: Solomon Oladipupo
Solomon Oladipupo
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About the Author: Solomon Oladipupo
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
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