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Doo Group Reports Record Trading Volume In April 2022

Blog | 17 May 2022 08:31/PM GMT

Doo Group, a large financial services group with financial technology at its core, recently released its April 2022 trading volume report.

April 2022 Trading Volume Overview

  • Total Trading Volume: USD54.93 billion
  • Most popular trading products of traders: XAU/USD, EUR/USD, GBP/USD
  • XAU/USD recorded the highest trading volume at USD39.66 billion
  • XAU/USD posted the highest increase of 54.69% (+USD14.02 billion)

Doo Group, a financial services group with cutting-edge technology and solutions, recorded USD54.93 billion in total trading volume on April 2022.

The April 2022 total trading volume sees an increase of 28.56% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 138.0% compared to USD23.08 billion in the same month last year.

Meanwhile, the average daily volume (ADV) in April was USD1.83 billion, an increase of 32.84% compared to the previous month.

This number is a total of trading volumes from the Group’s affiliates, Doo Clearing, which is a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.

With those figures, Doo Group’s total volume traded is valued at USD168.26 billion. Of this total, April has the highest total volume of 32.64% for the year. Overall, there was a slight drop in February, but despite that, the Group’s monthly trading volume continued to grow steadily. Doo Group has been reporting solid growth in its trading volume.

According to the latest numbers, XAU/USD, EUR/USD, and GBP/USD were the top choices for traders. They took up 88.64% of total trading volume in April.

In addition, XAU/USD recorded the highest monthly trading volume with USD39.66 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD9.03 billion of the overall monthly trading volume.

The XAU/USD recorded the highest increase in monthly trading volume, with USD14.02 billion, or 54.69% compared to March.

While there are many factors contributing to this growth, there is no question that Doo Group holds the capability to exemplify this flourishing performance in months and years to come.

The company will continue to create a global fintech system and lead the way to a new era of fintech-driven globalization.

As a financial services group, Doo is committed to establishing a financial ecosystem network that empowers clients to stay one step ahead.

 

About Doo Group

Doo Group was established in 2014, currently headquartered in Singapore. After years of development, Doo Group has become a multi-faceted financial services group with financial technology as its core. With multiple sub-brands such as Doo Clearing, Doo Financial, Doo Prime, Doo Exchange, FinPoints and more, Doo Group is committed to provide trading and asset management services for over 20,000 financial products such as Securities, Futures, Forex, CFDs and Funds to global individual and institutional clients.

Currently, the entities within Doo Group, according to their location and products, are regulated by many of the top global financial regulators, including, but not limited to, the United States Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), United Kingdom Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Seychelles Financial Services Authority (FSA), Mauritius Financial Services Commission (FSC), and the Vanuatu Financial Services Commission (SFC). Doo Group has entities operating in various global locations, including Dallas, London, Sydney, Singapore, Hong Kong, Dubai, Kuala Lumpur as well as other regions.

For enquiries and further information, please contact us

Visit us at www.doogroup.com

Hong Kong: +852 6701 2091

Singapore: +65 6011 1736

Email: [email protected]

 

Forward-looking Statement

“Forward-looking” Statements
 This article contains “forward-looking statements” and may be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “plan”, “potential”, “predict”, “should”, or “will”, or other variations thereon or comparable terminology. However, the absence of such terminology does not mean that a statement is not forward-looking. In particular, statements about the expectations, beliefs, plans, objectives, assumptions, future events, or future performance of Doo Group will be generally assumed as forward-looking statements.

Doo Group has provided these forward-looking statements based on all current information available to Doo Group and Doo Group’s current expectations, assumptions, estimates, and projections. While Doo Group believes these expectations, assumptions, estimations, and projections are reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond Doo Group’s control. Such risks and uncertainties may cause results, performance, or achievements materially different from those expressed or implied by the forward-looking statements. Doo Group does not provide any representation or warranty on the reliability, accuracy, or completeness of such statements. Doo Group is not obliged to provide or release any updates or revisions to any forward-looking statements.

 

Risk Disclosure

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance.  Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to take significant losses when using such trading facilities.

Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Group’s brand trading platforms. You should seek independent professional advice if you do not understand the risks disclosed by us herein or any risk associated with the trade of financial instruments. Please refer to Doo Group’s Client Agreement and Risk Disclosure Statement with its brands to find out more.

 

[Disclaimer]

This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future results. Doo Group and its brands, subsidiaries, partners and their respective employees, as well as managers, makes no representation and warranties to the information displayed and Doo Group and its brands, subsidiaries, partners and their respective employees, as well as managers, shall not be liable for any direct or indirect loss or damages as a result of any inaccuracies and incompleteness of the information provided. Doo Group and its brands, subsidiaries, partners and their respective employees, as well as managers, shall not be liable for any loss or damages as a result of any direct or indirect trading risks, profit, or loss associated with any individual’s investment.