December 8, 2020 - FX Trading aggregator and bridge provider PrimeXM has reported FX volume figures for November 2020.

PrimeXM Daily Volume, November 2020

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PrimeXM has reported a total of $918.90 billion in monthly trading volume in November across the company's 3 major Data Centre locations, representing a 2.74% MoM increase in trading activity.

The Average Daily Volume (ADV) in November was $43.76 billion. The highest daily trading volume of the month was registered on 9th November with $77.8 billion turnover - is the highest daily record in 2020. The total number of trades in November was 25.07 million.

PrimeXM Daily Volume Year To Date, November 2020

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London (LD4) remained the busiest Data Centre with 76% of the total monthly traded volume recorded – $702.60 billion in notional value. The Data Centre in New York (NY4) was in second place consecutively for the second month with $111.40 billion.

PrimeXM Top 15 Traded Instruments, November 2020

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Continuing the pattern of the past few months, Gold was the most highly traded instrument via PrimeXM again in November. 27% of overall monthly trading volume was concentrated on XAUUSD, about $254 billion in notional value. The temporary recovery of the Gold Price on 9th November has contributed to the highest daily trading volume on record with $23.37 billion traded on XAUUSD alone. EURUSD was still the favourite FX pair being traded with volume of almost $130 billion.

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

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