Clearstream's Assets Deteriorate Across Key Metrics in January 2016

Clearstream, a provider of post-trade services for financial services participants, has released its financial metrics for the month ending January 2016 across each of its four segments of its global business, posting generally downtrodden results, according to a Clearstream statement.

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In terms of January 2016, the value of assets under custody held on behalf of customers registered at Clearstream was reported at $14.7 trillion (€13.0 trillion) – this correlated to another monthly decline -2.3% MoM from $15.0 trillion (€13.3 trillion) in December 2015. Expanding the timeframe to last year however, Clearstream’s January 2016’s assets also moved higher by a factor of 1.6% YoY from $14.4 (€12.8 trillion) in January 2015.

In addition, securities held under custody in Clearstream’s international business as an international central securities depository (ICSD) declined to $7.7 trillion (€6.8 trillion) in January 2016, down -5.6% MoM from $8.1 trillion (€7.2 trillion) in December 2015.

Meanwhile, securities held under custody in the German central securities depository (CSD) were pointed lower in January 2016, crumbling to $6.8 trillion (€6.0 trillion) or -23.0% MoM from $8.8 trillion (€7.8 trillion) in December 2016.

Settlement

In January 2016, 3.3 million international (ICSD) settlement transactions were processed at Clearstream, falling -5.7% MoM from 3.5 million transactions in December 2015 – of these international transactions however, 84% were over-the-counter (OTC) transactions, while only 16% were registered as Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term transactions.

On the German domestic market, CSD settlement transactions in January 2016 were 7.3 million, retreating -6.4% MoM from 7.8 million in December 2015 – however, when weighed against its 2015 counterpart, the group also reported a fall of -8.8% YoY from 8.0 million in January 2015. This registers as a 65% composition of stock Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term transactions with 35% OTC transactions.

Global Securities Financing

Furthermore, Clearstream’s Global Securities Financing (GSF) services, the monthly average outstanding during January 2016 again declined to $586.4 billion (€519.8 billion), down -4.1% MoM from $611.5 billion (€542.1 billion) in December 2015. Its combined services, which include triparty repo, securities lending, and collateral management, also fell by a combined figure of -13.7% YoY from $679.7 (€602.5 billion) in January 2015.

Investment Fund Services

Finally, Clearstream’s Investment Fund Services (IFS) processed 0.73 million transactions during the month ending January 2016, which corresponded to a -7.6% drop MoM from 0.79 million transactions in December 2015.