PrimeXM Posts $1.23 Trillion Record Trading Volume in November 2021

PrimeXM, a provider of FX trading industry technology, has released its monthly trading volume report for November 2021. According to the press release, the company has set a new record of monthly trading volume in the month.

More specifically, PrimeXM’s monthly volume stood at $1.23 trillion in the past month, surpassing the previous highest monthly volume of $1.227 trillion registered in September 2021. This represents a significant 34% YoY increase in trading activities comparing last year’s $918.90 billion.

Additionally, the average daily volume (ADV) for November was $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 which is an over 24% YoY improvement comparing to last year’s 25.64 million trades.

30% of overall monthly trading volume was concentrated on the most popular trading instrument – XAUUSD, about $367.7 billion. Major FX pair EURUSD has returned to the second place after 3 months with a new record of $188.4 billion, and US 30 index is trailing behind in the 3rd place with $148.7 billion.

In October, PrimeXM saw a total of $1.10 trillion in monthly trading volume​ across its four major Data Center locations, representing a significant 23% YoY increase in trading activity over last year's $894.36 billion.