3 July, 2020 - FX Trading aggregator and bridge provider PrimeXM has reported FX volume figures for June 2020, with a decrease in the numbers reported in May.

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• PrimeXM has registered a total of $869.77 billion in monthly trading volume in June across the 3 Data Centre locations, a slight fall of 1.68% compared to last month’s trading figures.

• The Average Daily Volume (ADV) in June was $39.54 billion, representing a 6.15% decrease compared with the ADV of $42.12 billion in May.

• The total number of trades in June was 28.31 million, on a similar level to May of 28.11 million as trading activity stabilised after the March peak.

• PrimeXM's Data Centre in LD4 recorded 71% of overall monthly traded volume, more than $615 billion in notional value. The other 2 major Data Centres in TY3 and NY4 showed similar ADV in June with $128.04 billion and $126.29 billion respectively.

• The instrument with the highest turnover on PrimeXM XCore was XAUUSD with $153.17 billion as the precious metal price reached new highs in June. EURUSD saw an uptick in transactions with $147.17 billion, a MoM increase of 17% as demand in the FX market remained strong.

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PrimeXM YTD Volume June 2020

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PrimeXM Monthly Statistics, June 2020

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PrimeXM Data Centre Statistics, June 2020

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PrimeXM Top Traded Instruments, June 2020

XAUUSD (Gold) was the most traded instrument over PrimeXM's network in June, making up 17.44% of total volume. This is similar to PrimeXM's March numbers, a month of high volatility. In May, 2020 XAUUSD was the second most heavily traded instrument on PrimeXM, accounting for 14.97% of overall volume.

Over 50% of PrimeXM's volume is concentrated in 4 instruments: XAUUSD - 17.44% EURUSD - 16.76% US30 (Dow Jones CFDs) - 11.46% GBPUSD - 11.33%
See PrimeXM's Monthly ADV history and its relative performance against other venues by clicking here LiquidityFinder FX Market Volumes.png