March 3, 2021 - FX Trading aggregator and bridge provider PrimeXM has reported FX volume figures for January 2021.
PrimeXM Daily Volume, February 2021
Average Daily Volume (ADV) figures for February 2021, recorded a total of $909.89 billion in monthly trading volume across the 3 major Data Centre locations (NY4, LD4, TY3), representing a 3% Month-on-Month increase in trading volume.
The Average Daily Volume (ADV) in February was $45.49 billion. The highest daily trading volume of the month was registered on 1st February with $67.56 billion in turnover. The total number of trades in February was 28.79 million.
PrimeXM Daily Volume Prior 12 Months, February 2021
More than 74% of the total monthly traded volume was recorded in the PrimeXM Data Centre located in LD4 – $680 billion in notional value. The other 2 major Data Centres in TY3 and NY4 recorded a monthly trading volume of $121.58 billion and $108.30 billion, respectively.
Monthly Overall Statistics February 2021
Data Centre Statistics, February 2021
Nearly 30% of overall monthly trading volume was concentrated on the most popular trading instrument – XAUUSD, about $270 billion in notional value which is close to a 10% increase Month-on-Month comparing with XAUUSD trading volume in January. January itself saw an 8.8% increase in XAUUSD volumes on the previous month of December.
Major FX pairs EURUSD and GBPUSD took the 2nd and 3rd places with a combined trading volume of $261.6 billion.
Top 15 Traded Instruments on PrimeXM February 2021
Northern Trust to Set Up eFX Pricing Engine in Singapore
24 Exchange Launches Swaps Trading
Chris Hossain-Nelson Joins Infinox To Ramp Up IX Prime Offering
Swissquote Partners with Taurus For Digital Asset Infrastructure
IS Prime Offers MT5 White Label