Doo Group Reports Record Trading Volume in December 2023

Doo Group, a pre-eminent financial services group with FinTech as its core, recently released its December 2023 trading volume report. 

December Trading Volume Overview 2023 

• Total Trading Volume: USD 65.86 billion 
• Most Popular Products: XAU/USD, EUR/USD, GBP/USD 
• XAU/USD saw the highest trading volume at USD 44.70 billion 
• HSI_2312 saw the highest increase, an increase of USD 0.3 billion or 116.84% 

(The reported data includes the total trading volume of Doo Group’s sub-brands – Doo Clearing and Doo Prime) 

According to the report, Doo Group’s total trading volume in December 2023 is valued at USD 65.86 billion, a slight decrease of 6.03% from the previous month. Furthermore, December’s average daily volume (ADV) is USD 2.12 billion, a slight decline of 9.06% from November. 

The stronger than expected US non-farm payroll data, and the slowdown of the employment market in December have led the market to cast doubts on the Federal Reserve’s (Fed) move to cut interest rates in March; instead, it estimates that the Fed will reduce the rates in May 2024. The market was in a “wait-and-see” state in December. 

As the year–end draws closer, investors have slowed down their trading activities in December and have taken a conservative approach in their investment strategy, to cater for more room for investment in the new year. Hence, the trading volume in December has declined. 

Since the beginning of 2023, Doo Group’s overall trading volume has been on a stable upward trend. Year to date, Doo Group’s total trading volume is valued at USD 919.40 billion, an increase of 38.74% as compared to the same period last year. 

According to the recorded data, XAU/USD, EUR/USD, and GBP/USD were the investors’ top picks, contributing 82.7% of December’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 44.70 billion; meanwhile, EUR/USD and GBP/USD have a total monthly trading volume of USD 9.75 billion. 

Besides, HSI_2312 has the largest growth in the monthly trading volume, an increase of USD 0.3 billion or 116.84% as compared to November.

As an internationally leading financial services group, Doo Group continues to show a strong momentum in its trading volume. In the future, Doo Group will continue to develop a global FinTech system and build a comprehensive financial ecosystem, striving to lead the FinTech transformation in this era, ensuring that its clients are at the forefront of the industry. 

About Doo Group        

Doo Group, established in 2014 and headquartered in Singapore, is an international financial services group with FinTech as its core. Operating through six major business lines, including Brokerage, Wealth Management, Payment Exchange, FinTech, Financial Education, and Health Care, Doo Group continually strengthens our financial ecosystem. We are dedicated to providing comprehensive financial services and innovative solutions to clients worldwide. Together, we embark on a journey to Explore α Better Future. 

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 (US SEC) and the Financial Industry Regulatory Authority (US FINRA), the United States Financial Crimes Enforcement Network (US FinCEN), the United Kingdom Financial Conduct Authority (UK FCA), the Australian Securities & Investments Commission (ASIC), the Australian Transaction Reports and Analysis Centre (AUSTRAC), the Hong Kong Securities and Futures Commission (HK SFC), the Hong Kong Insurance Authority (HK Insurance Broker), the Hong Kong Companies Registry (HK Trust Company), the Hong Kong Customs and Excise Department (HK Money Service Operator), the Hong Kong Estate Agents Authority (HK EAA), the Dubai Real Estate Regulatory Agency (AE RERA), the Seychelles Financial Services Authority (SC FSA), the Malaysia Labuan Financial Services Authority (MY Labuan FSA), Mauritius Financial Services Commission (MU FSC), and the Vanuatu Financial Services Commission (VU FSC). 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:   

Official Website: doo.com   

Hong Kong: +852 2632 9557   

Singapore: +65 6011 1736   

Email: [email protected]   

Forward-looking Statement     

“Forward-looking” Statements 
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Please make sure you read and fully understand the risks of the products or services described in this article before engaging any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed herein.   

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