National Settlement Service (NSS) 1 - Annual Data Volume of Annual Volume of Value of Annual Average Average Average NSS entries volume growth NSS files total value daily number daily numberdaily settlement processed of NSS entries processed settlement2 growth of entries3 of files3 value3 Year (number) (percent) (number) ($ millions) (percent) (number) (number) ($ millions) 2019 574,047 (0.9) 9,675 20,805,039 (0.4) 2287 39 82,889 2018 579,394 0.3 9,674 20,886,077 7.8 2308 39 83,211 2017 577,699 3.0 9,238 19,366,604 7.7 2302 37 77,158 2016 560,735 (1.5) 9,333 17,983,149 (0.6) 2234 37 71,646 2015 569,250 (13.8) 9,372 18,085,534 3.0 2259 37 71,768 20144 660,062 (9.0) 9,896 17,551,626 1.6 2630 39 69,927 2013 725,082 9.4 10,152 17,281,065 7.4 2889 40 68,849 2012 662,912 16.0 8,503 16,084,794 2.2 2641 34 64,083 2011 571,279 10.0 6,904 15,738,400 8.3 2276 28 62,703 2010 519,444 12.0 6,944 14,526,482 (12.0) 2061 28 57,645 2009 463,730 (1.0) 10,521 16,502,771 (21.3) 1840 42 65,487 2008 468,534 (7.2) 15,194 20,960,779 37.2 1859 60 83,178 2007 504,967 7.4 17,181 15,278,205 161.5 2012 68 60,869 2006 470,258 6.8 17,366 5,843,314 3.4 1874 69 23,280 2005 440,304 1.3 17,490 5,649,184 7.3 1754 70 22,507 2004 434,552 2.8 20,343 5,262,592 17.0 1718 80 20,801 2003 422,751 1.8 21,478 4,497,362 16.6 1684 86 17,918 2002 415,343 34.3 22,913 3,856,291 24.9 1655 91 15,364 2001 309,287 65.8 15,755 3,087,277 95.6 1232 63 12,300 2000 186,530 342.4 6,817 1,578,081 639.1 740 27 6,262 1999 42,164 -- 1,071 213,516 -- 167 4 847 1NSS was implemented in March 1999, but customers did not fully convert from the local settlement service to NSS until year-end 2001. Therefore, data for 1999-2001 should be combined with the statistics identified for the local settlement sheet service to arrive at total net settlement activity. Data from 2002 and beyond represents total National Settlement Service activity. 2Each file submitted to NSS contains a number of debit and credit entries which net to zero. The "settlement value" represented in these statistics includes the total dollar value (debits only) of settlement files processed through NSS. 3Based on the number of business days per period. 42014 amounts for "value of total settlement", "annual value growth", and "average daily settlement value" were revised in February 2016 Source: PACS data base: National Settlement Service - 98445($); 98443, 98444(#).