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Doo Group Reports Record Trading Volume In August 2021

News | 15 Sep 2021 02:34/PM GMT

August 2021 Trading Volume Overview  

  • Total trading volume: US$26.82 billion  
  • Most popular currency pairs of traders: XAU/USD, EUR/USD, and GBP/USD  
  • XAU/USD recorded a total traded of US$14.89 billion  
  • XAU/USD posted the highest increase of 0.99% (+US$146.36 million)  

Doo Group, a financial services group with cutting-edge technology and solutions, reports a trading volume for August 2021 of US$26.82 billion.  

This is down 2.41% compared to the previous month. However, on a yearly basis, the trading volume was up over 600%, compared to August’s number last year. In August 2020, the Group recorded a trading volume of US$3.73 billion. 

Meanwhile, the average daily volume (ADV) in August 2021 was $865.07 million.  

With those figures, Doo Group’s total volume traded for the year-to-date of 2021 is valued at US$190.78 billion.   

Doo Group has been reporting positive growth in its trading volume since February 2021. Though there was a slight decrease last March, June, and July, the trend is still going strong. May 2021’s number still remains as the highest traded month up to date, for the year.  

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.  

According to the latest numbers, XAU/USD, EUR/USD, and GBP/USD remain the leading choice of traders. It took up 80.75% of the total trading volume in August 2021.  

In addition, XAU/USD recorded a total of US$14.89 billion of the overall monthly trading volume. Another one of the strongest pairings is the EUR/USD and GBP/USD, which recorded US$6.76 billion of the overall monthly trading volume.  

The XAU/USD pairing also posted the highest increase in monthly trading volume, with US$146.36 million, or 0.99%.   

While many factors contributed to this growth, there is no question that Doo Group continues to show strength in trading volume.  

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

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           

Established in 2014, Doo Group is headquartered in Singapore. After years of development, the Doo Group has become a large fintech-motivated financial service group, comprised of affiliates including Doo Clearing, Doo Financial, Doo Prime, and Doo Tech.    

Doo Group is committed in serving individuals and institutional customers around the world with innovative trading brokerage services for securities, futures, Contract For Differences (CFDs), and other financial products.  

Currently, some of the legal entities under Doo Group are regulated by financial regulators around the world, including the US Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the UK Financial Conduct Authority (FCA), the Mauritius Financial Services Commission (MFSC) and the Vanuatu Financial Services Commission (VFSC), with operating centres located in Dallas, London, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other regions.   

Visit us at www.doogroup.com  

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