Deutsche Boerse securities lending revenue lags in Q3
30 October 2019 Frankfurt
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Deutsche Boerse’s third-quarter global securities finance securities lending revenue was down 32.35 percent year-on-year.
Revenue fell from €10.2 million in Q3 2018 to €6.9 million last quarter.
Overall revenue from the start of the year to the end of Q3 was also down year-to-year from €28.8 million to €22.8 million.
In contrast, the German marketplace organiser's collateral management revenue was up slightly in Q3 at €12.4 million, compared to the €11.2 million earned during the same period last year. Collateral revenue was also up between Q1 to Q3 this year, reaching €35.3 million, up from €32.7 million in 2018.
Elsewhere, Clearstream, Deutsche Boerse’s post-trade services provider, posted revenue increases across its custody and settlement business lines.
Custody revenue was up 2.7 percent year-over-year to hit €97.1 million for Q3, while Clearstream’s settlement business earned €21.2 million, up from €17.6 million in Q3 2018.
Revenue fell from €10.2 million in Q3 2018 to €6.9 million last quarter.
Overall revenue from the start of the year to the end of Q3 was also down year-to-year from €28.8 million to €22.8 million.
In contrast, the German marketplace organiser's collateral management revenue was up slightly in Q3 at €12.4 million, compared to the €11.2 million earned during the same period last year. Collateral revenue was also up between Q1 to Q3 this year, reaching €35.3 million, up from €32.7 million in 2018.
Elsewhere, Clearstream, Deutsche Boerse’s post-trade services provider, posted revenue increases across its custody and settlement business lines.
Custody revenue was up 2.7 percent year-over-year to hit €97.1 million for Q3, while Clearstream’s settlement business earned €21.2 million, up from €17.6 million in Q3 2018.
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