Doo Group Reports Record Trading Volume in February 2024

Doo Group, a pre-eminent financial services group with FinTech as its core, recently released its February 2024 trading volume report. 

February Trading Volume Overview 2024 

• Total Trading Volume: USD 70.76 billion 
• Most Popular Products: XAU/USD, EUR/USD, GBP/USD 
• XAU/USD saw the highest trading volume at USD 44.53 billion. 
• GBP/JPY saw the highest increase, an increase of USD 0.46 billion or 43.29%. 

(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 February 2024 is valued at USD 70.76 billion, a slight decrease of 14.18% from the previous month. Furthermore, February’s average daily volume (ADV) is USD 2.44 billion, a decline of 8.25% from January. 

The US released a variety of key economic data in February, and they surpassed the market’s expectations, gaining a strong reaction from the market. As risk aversion rose, investors adopted a “wait-and-see” position towards the market, causing Doo Group’s trading volume to drop slightly in February. 

Since the beginning of 2024, Doo Group’s trading volume has been in a stable state. Year to date, Doo Group’s total trading volume is valued at USD 153.22 billion, an expansion of 17.60% 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 81.33% of February’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 44.53 billion; meanwhile EUR/USD and GBP/USD have a total monthly trading volume of USD 13.02 billion. 

Besides, GBP/JPY has the largest growth in the monthly trading volume, an increase of USD 0.46 billion or 43.29% as compared to January. 

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 10 major business lines, including Brokerage, Wealth Management, Property, Payment & Exchange, FinTech, Financial Education, Healthcare, Consulting, Cloud, and Digital Marketing, 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), Financial Transactions and Reports Analysis Centre of Canada (CA FINTRAC), the Australian Securities & Investments Commission (ASIC), the Australian Transaction Reports and Analysis Centre (AUSTRAC), the Monetary Authority of Singapore (SG MAS), 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 Dubai’s Department of Economy and Tourism (AE PSP), 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, Singapore, Hong Kong, Sydney, Cyprus, Dubai, Kuala Lumpur, Thailand, South Africa, Egypt, Seychelles, Mauritius, Vanuatu, 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  

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.

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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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