Clearstream Loses Marginal Growth in Assets Under Custody in July

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 <a href=”https://www.financemagnates.com/institutional-forex/clearstreams-assets-under-custody-rises-2-to-16551-billion-in-june/” target=”_blank”>recorded in June</a>. However, on a year-over-year (YoY) basis, the July
figure is a 1% growth from the €16,380 posted in July 2022.These data are contained in the Clearstream <a href=”https://www.clearstream.com/clearstream-en/newsroom/220815-3198218″>monthly figures</a> 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 the
€16,479 billion <a href=”https://www.clearstream.com/clearstream-en/newsroom/220613-3116600″>posted</a> 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 <a href=”https://www.financemagnates.com/tag/settlement/” target=”_blank”>settlement firm</a> had managed €16,641 billion
between January and June this year.Domestic & International CSD BusinessClearstream’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 8% increase from €7,339 in July 2021.Also, the number of securities deposit
transactions hit 5.3 million in July, dropping -5.4% from the 5.6 billion
recorded in June. Year-over-year, it’s a 9% decline from 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.The domestic CDS, however, 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 despotis since January 2022.Clearstream’s IFS & GSFSecurities deposits on Clearstream’s Investment
Funds Services (IFS) hit €3,192 billion in July, 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),
<a href=”https://www.financemagnates.com/institutional-forex/clearstream-launches-oscar-to-automate-collateral-management/” target=”_blank”>Clearstream’s collateral management</a>, securities lending and borrowing services,
saw minimal growth in July.Volume outstanding on GSP in July rose 2.1% to
€602.9 billion from €590.6 billion in June. On a YoY basis, however, the
volume increased 9% from €550.7 billion posted in July 2021.