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      PrimeXM Announces New Monthly Volume Record of $1.303 Trillion In March

      Published: just now

      PrimeXM Announces New Monthly Volume Record of $1.303 Trillion In March

      April 05, 2022 - FX Trading aggregator and bridge provider PrimeXM has registered a new monthly trading volume record of $1.303 trillion, and a total of 42.67 million processed trades in March 2022 across all 4 major Data Centers. This marks 7.46% MoM growth and strong 23.19% Year on Year increase compared to last year’s $1,058.17 billion.

      The Average Daily Volume (ADV) in March was $56.68 billion. The highest daily trading volume of the month was recorded on 8th of March with $81.36 billion in volume. London (LD4) continues to be the busiest data centre with $964 billion transacted. Tokyo (TY3) is in second place with $191 billion and NY4 with $140 billion in volume.

      PrimeXM's business in the Singapore SG1 data center seems to be lifting-off with $8.57 billion in volume (a 184% increase on February) and half a million trades for the month. In February, SG1 volume came in at $3.02 billion, while in January total SG1 volume was $1.85 billion. Volume in SG1 in March was therefore 363% on January.

      March-monthly-volume-daily.png

      PrimeXM March - Daily Volume - distribution per Data Center

      March-No-of-Trades-per-day.png

      March - Daily Trades - distribution per Data Center

      PrimeXM March Datacenter statistics.png

      March - Data Center Statistics

      XAUUSD consistently remains the most popular trading instrument having ⅓ of all volume during March. EURSD (16%) and GBPUSD (11%) follow, while major 3 equity indices #US30, #US100 and #Germany40 represents ¼ of all transacted volumes by the XCore Community.

      PrimeXM March top traded instruments.png

      To view P{rimeXM's historical ADV data and to compare against other venues, please click here.

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      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
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