June 10, 2020 - FX Trading aggregator and bridge provider PrimeXM reported FX volume figures for May 2020 with a slight increase on the numbers reported in April.

PrimeXM Daily Volume May 2020

• PrimeXM recorded a total of $884.61 billion in monthly trading volume in May across the 3 major data center locations, which indicates the trading activities have stabilized after market volatility lessened after March.

• The Average Daily Volume (ADV) in May was $42.12 billion compared to ADV of $41.20 billion in April, this represents a slight 1.74% MoM increase.

• The total number of trades in May saw a 10.14% decline from April’s 31.28 million to 28.11 million, taking into consideration the major bank holidays in the UK and US on the last Monday of May.

• 75% of all trading volume was registered in our Data Center located in London LD4, NY4 remains in the second place with $7.7 billion in ADV showing continuous growth from beginning of 2020.

• The most-traded instrument in May was US index #US30 with $146.56 billion and demand in XAUUSD has returned as Gold price has climbed to all time high since late 2012.

PrimeXM YTD Volume 2020

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PrimeXM Monthly Statistics

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PrimeXM May instrument stats.png PrimeXM Top Traded Instruments

Trading in US30 (the Dow Jones Industrial Average CFD), was the most traded instrument via PrimeXM in May 2020, making up 16.56% of all volume. In April 2020, EURUSD was the most heavily traded instrument making up 17.92% of volume.

XAUUSD (Gold) was again heavily traded in May, the second most heavily traded instrument on PrimeXM, making up 14.98% of total volume.

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