June 03, 2022 - FX Trading aggregator and bridge provider PrimeXM has reported volume figures for May 20222, with its XCore Community marking 12 continuous months with volume above $1 trillion.
The total registered volume in May was $1.147.72 trillion across all 4 major Data Centres (LD4, NY4, TY3 and SG1). The Average Daily Volume (ADV) in April was $52.17 billion, a decrease of -4.87% Month on Month vs April 2022, and +21.89% Year on Year increase compared to May 2021.
Total executed transactions by the Community in May were 43.07 million, +5.65% Month on Month and +56.22% Year on Year vs May 2021. London (LD4 data centre) continues to be the busiest, where $868 billion was transacted, Tokyo (TY3) comes in second with $166 billion, NY4 third with $109 billion and Singapore SG1 data center with $4.72 billion. (NB: Singapore volume seems to be down almost 45% compared to April, which was reported at $8.57 billion).
Again Gold continues to be the most actively traded instrument on the network, with almost 1/3 or all volume (29.8%). Next are EURUSD (16.1%), and then GBPUSD (11%). The three major equity indices #US30, #US100 and #Germany40 represent 20% of all transacted volumes.
Northern Trust Creates Digital Assets and Financial Markets Group
CME Reports Record FX Link Volumes Traded on June 16
FTX US Acquires Clearing Firm Embed to Enhance FTX Stocks
Match-Trade Technologies partners with Conv.rs
Citi partners with Metaco to develop digital asset custody capabilities