December 02, 2021 - FX Trading aggregator and bridge provider PrimeXM has reported a new record total of $1.23 trillion in monthly trading volume in November 2021, surpassing the previous highest monthly volume of $1.227 registered in September 2021 , across the 4 major Data Center locations. This represents a 34% YoY increase in trading activity compared to 2020's $918.90 billion.
PrimeXM Daily Volume, November 2021
The Average Daily Volume (ADV) in November came in at $55.92 billion. The highest daily trading volume of the month was recorded on 26th November with $76.35 billion turnovers. The total number of trades in November was 31.84 million, an over 24% Year on Year improvement compared to 2020's 25.64 million trades.
PrimeXM Volume, Year To Date, November 2021
81% of the total monthly traded volume was recorded in PrimeXM's Data Center in LD4 – $995.24 billion in notional value. The data centre in NY4 remained in 2nd place for the 4th consecutive month with $130.95 billion and the data centre in TY3 processed $102.43 billion. PrimeXM's newly established SG1 data center saw volume increase almost 377% to $1.7 billion, from $359 million in October.
30% of overall monthly trading volume continued to be concentrated in the most popular trading instrument – XAUUSD, at $367.7 billion (up 17.77% on October). EURUSD returned to the second place after 3 months with a new record of $188.4 billion, and US 30 index is at 3rd place with $148.7 billion (a decrease of 12.5% compared to October).
PrimeXM Top 15 Traded instruments, November 2021
To view PrimeXM's historical ADV as compared to other trading venues and platforms, please click here.
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