Doo Group Reports Record Trading Volume in December 2024
Doo Group, a pre-eminent financial services group with FinTech as its core, recently released its December 2024 trading volume report.
December Trading Volume Overview 2024
- Total Trading Volume: USD 111.06 billion
- Most Popular Products: XAU/USD, N225 (Nikkei), EUR/USD
- XAU/USD saw the highest trading volume.
- HSI (Hang Seng Index) saw the highest increase, an increase of 1341.07%.
According to the report, Doo Group’s total trading volume in December 2024 is valued at USD 111.06 billion, a decrease of 16.48% from the previous month. Furthermore, December’s average daily volume (ADV) is USD 3.58 billion, a decline of 19.17% from November.
The Federal Reserve (Fed) cut rates by 25 basis points in December to 4.25% – 4.5%, back to the December 2022 level. This is the third time the Fed reduced the rates in 2024, suggesting a slower pace in rate cuts in 2025. This has caused the investors to take the “wait-and-see” approach in the market.
Besides, many investors have slowed down in their trading activities due to the festivities in December and year-end fund settlement requirements. This has caused Doo Group’s trading volume to drop seasonally, and investors are taking a more conservative approach to leave some space for investments in the new year.
Despite that, Doo Group has shown a stable performance in 2024. Year to date, Doo Group’s total trading volume is valued at USD 1404.13 billion, an expansion of 52.72% as compared to the same period last year.
According to the recorded data, XAU/USD, N225 (Nikkei), and EUR/USD were the investors’ top picks, contributing to 90.49% of December’s total trading volume.
HSI (Hang Seng Index) has the largest growth in the monthly trading volume, an increase of 1341.07% as compared to November.
As an internationally leading financial services group, Doo Group continues to show 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. We strive to lead the FinTech transformation in its era, ensuring that our clients are at the forefront of the industry.
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