|Clearstream Sees Strong Growth at the End of 2005|
|12. Januar 2006|
Clearstream: Clearstream experienced strong growth in all of its main business areas throughout 2005. During December the core business areas grew with the number of monthly international transactions processed rising 19 percent at 1.81 million (December 2004: 1.52 million). Of these transactions, 78 percent are Over the Counter (OTC) transactions and 22 percent are registered as stock exchange transactions. Domestic settlement transactions in Germany increased 14 percent reaching 2.96 million compared to 2.60 million for the same period last year. The ratio for domestic settlement transactions was 66 percent stock exchange transactions compared to 34 percent OTC transactions.
The value of assets held under custody on behalf of customers rose to EUR 8.75 trillion, a 15 percent rise from December 2004 when it stood at EUR 7.59 trillion. Securities held under custody in Clearstream’s international business experienced a rise of 20 percent from 3.28 trillion to 3.94 trillion. On the domestic German business, securities held under custody rose by 12 percent from 4.32 trillion to 4.82 trillion.
Growth was also strong within the Global Securities Financing services business with monthly average outstandings reaching a record high at EUR 210.9 billion. The combined services, which include tripartite repo, collateral management and securities lending, collectively experienced a rise of 54.6 percent from the same month last year (December 2004: EUR 136.4 billion).
Clearstream Banking's investment funds services also reached record level with 258,045 transactions processed, a 54.2 percent rise in the year over December 2004 (167,390).