PrimeXM registers $1.06 trillion monthly trading volume in March

PrimeXM has released its monthly metrics for March 2021. The broker reported a total of $1.06 trillion in trading volumes registered last month across the 3 major Data Center locations. PrimeXM’s trading activities in March mark a 16.3% MoM increase compared to February when it reached $883.26 billion.

The Average Daily Volume (ADV) in March was $46 billion, up by 1% MoM compared to the previous month. 18th March was the highest daily trading volume of the month with $58.68 billion turnovers, a 20% jump compared to February. The total trades registered in March were 34.56 million.

PrimeXM volumes

More than 77% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $811.40 billion in notional value. The Data Centre NY4 has taken second place from TY3 with $124.55 billion in monthly trading volume.

XAUUSD still remains the most popular instrument of PrimeXM‘s traders for the past few months, with a total trading volume of $305.2 billion in March which represented 29% of the overall monthly trading volume. This marks a 13%MoM rise compared to February when it was $270.1 billion. Major FX pairs EURUSD and GBPUSD followed with a combined volume of $305.5 billion.

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