Clearstream has just issued its figures for February, which show that the overall value of assets under custody held on behalf of customers registered a decrease of 2 percent to EUR 12.9 trillion.
Securities held under custody in the international central securities depository (ICSD) increased by 3 percent.
Securities held under custody in the German central securities depository (CSD) fell by 7 percent.
In February 2016, 3.7 million ICSD settlement transactions were processed, down 6 percent on a year earlier; 84 percent were OTC (over-the-counter) transactions and 16 percent were registered as stock exchange transactions.
On the German domestic market, CSD settlement transactions in February 2016 reached 7.9 million, up 2 percent on a year earlier. Of these, 65 percent were stock exchange transactions and 35 percent OTC transactions.
For the period year-to-date February 2016, the number of settlement transactions (OTC and stock exchange combined) processed for the German domestic CSD and global ICSD business combined decreased by 6 percent compared to the same period last year.
For Global Securities Financing (GSF) services, the monthly average outstanding in February 2016 reached EUR 532.7 billion. The combined services, which include tri-party repo, securities lending and collateral management, collectively experienced a decrease of 15 percent over February 2015.
The GSF monthly average outstanding contracted by 15 percent from the period year-to-date February 2015. Investment Fund Services (IFS) processed 0.75 million transactions in February 2016, an 11 percent decrease over February 2015.
IFS transactions fell by 12 percent from 1.7 million processed in the period year-to-date February 2015 to 1.5 million in the period year-to-date February 2016.