PrimeXM Release Trading Volume Figures For January 2021

February, 15 2021 - FX Trading aggregator and bridge provider PrimeXM has reported FX volume figures for January 2021.

PrimeXM Daily Volume, January 2021

In January 2021, PrimeXM registered a total of $883.46 billion in monthly trading volume across the 3 major Data Centre locations NY4, LD4 and TY3, representing a 1.94% MoM increase in trading activity.

The Average Daily Volume (ADV) in January was $44.16 billion, up more than 12% on the previous month (December 2020). The highest daily trading volume of the month was registered on 6th January with $58.35 billion in volume. The total number of trades in January was 28.22 million, up just over 12% compared to December (25.17 million trades).

PrimeXM Daily Volume Prior 12 Months, January 2021

71% of the total monthly traded volume was recorded in the PrimeXM Data Centre located in LD4 (3% lower than December 2020)– $633.66 billion in notional value ($645.38 billion in December 2020). TY3 recorded monthly trading volumes of $128.23 billion and NY4 $121.37 billion (NY4 saw $118.04 billion in December 2020).

Monthly Overall Statistics January 2021

Data Centre Statistics, January 2021

XAUUSD has remained consistently the most popular instrument of traders for the past few month via PrimeXM's network. In January 2021. total trading volume in XAU reached $246.6 billion in notional value, an 8.8% increase on the $226.7 billion in December 2020. This represents 27.92% of the overall monthly trading volume on the network (26% in December 2020). PrimeXM is therefore showing an increasing concentration on XAUUSD trading. EURUSD remained the favourite FX pair traded, with $140.3 billion traded (down 6.8% compared to the $150.6 billion of EURUSD in December 2020). GBPUSD (Cable) remained the 2nd most actively traded FX pair via PrimeXM but volumes were down sharply, with January GBPUSD volumes of $124.58 billion. This is down 15% compared to December 2020 volumes of $146.6 billion.

US30 (DowJones) Index trading was up $55.2 billion, continuing as the 4th most actively traded instrument on the network. Volume in January was a jump of 24% compared to December at $44.3 billion. Other indices saw a significant rise in volumes also with GER30 increasing from $31.5 billion in December 2020 to $33.68 billion in January (increasing 6.66%), and US100 rising 12.2% from 20.2 billion in December 2020, to $22.6 billion in January 2021.

Top 15 Traded Instruments on PrimeXM January 2021

COMPARED TO

Top 15 Traded Instruments, December 2020

See PrimeXM's Monthly ADV history and its relative performance against other venues by clicking here: