PrimeXM Posts $1.303 Trillion Record Trading Volume in March 2022

PrimeXM, a provider of FX trading industry technology, has released its monthly trading volume report for March 2022. According to the press release, the company has set a new record of monthly trading volume in the month.

Fazzaco Live Webinar on 7th April: Nahum Greenberg Talks About MarksMan Liquidity Hub

PrimeXM has registered a new monthly record of $1.303 trillion in transacted volume and 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% YoY increase compared to last year's $1058.17 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 turnover. London (LD4) continues to be the busiest data centre where $964 billion were transacted. Tokyo (TY3) follows second with $191 billion and NY4 with $140 billion. Business in Singapore SG1 data center continues to grow and now registered $8.57 billion with half a million trades for the month.

XAUUSD remains the most popular trading instrument having 1/3 of all volume during March. EURSD (16%) and GBPUSD (11%) follow, while major 3 equity indices US30, US100 and Germany40 represents 1/4 of all transacted volumes by the XCore Community.