Clearstream鈥檚 GSF business contracts 5% in volume outstanding for November
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Clearstream鈥檚 GSF business contracts 5% in volume outstanding for November 14 December 2022Luxembourg Reporter: Carmella Haswell
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Clearstream鈥檚 Global Securities 麻豆影视传媒 (GSF) business declined 5 per cent year-over-year to 鈧�551.6 billion in volume outstanding during November, according to its monthly figures.
Despite the decrease in volume outstanding, Clearstream reports a 6 per cent YoY increase for the business鈥� year-to-date figures, which generated 鈧�579.2 billion in 2022.
Total securities deposits held with Clearstream鈥檚 ICSD business have grown 5 per cent to 鈧�7,911 billion for the month of November, when compared to November 2021.
The total assets under custody held in Clearstream fell by 2 per cent YoY to 鈧�16,651 billion for November. However, year-to-date figures for 2022 indicate a 3 per cent rise to 鈧�16,626 billion for assets under custody.
Clearstream鈥檚 Investment Funds Services business also faced declines with securities deposits down 9 per cent YoY to 鈧�3,129 billion and the number of transactions processed by the business dropping 16 per cent YoY to 鈧�3.6 million.
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