PrimeXM Release Trading Volume Figures For November 2020

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

PrimeXM Daily Volume, November 2020

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

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

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: