Doo Group Reports Record Trading Volume In May 2021
May 2021 Trading Volume Overview
- Total trading volume: US$32.10 billion
- Most popular instruments of traders: XAU/USD, EUR/USD, and GBP/USD
- XAU/USD recorded a total of US$20.66 billion
- XAU/USD posted the highest increase of 43.41%
The Doo Group, a financial services group with cutting-edge technology and solutions, reported a May 2021 trading volume spike.
The positive figures reached US$32.10 billion, representing an increase from April 2021 by 39.09%.
Furthermore, the Group’s average volume surged by 34.60% in May 2021, with US$1.04 billion traded daily compared to April 2021 number.
This number is a total of trading volumes from affiliates, Doo Clearing, a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.
May’s trading volume has passed all previous records in 2021, showcasing itself as the highest traded month with the total traded for the year, to date, valued at US$104.57 billion.
The leading choice of traders for May 2021 were XAU/USD with 64.34%, while EUR/USD and GBP/USD both accounted for 13.35% and 8.74%, respectively.
XAU/USD recorded a total of US$20.66 billion of the overall monthly trading volume. Another one of the strongest pairings is the EUR/USD and GBP/USD, which recorded US$7.09 billion of the overall monthly trading volume.
Based on the statistics, the XAU/USD pairing also posted the highest increase in monthly trading volume, with US$6.25 billion, or 43.41%.
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 the 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 the 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.
The Doo Group is committed to serving individual and institutional customers around the world with innovative trading brokerage services for securities, futures, CFDs (Contract For Differences), and other financial products.
Currently, Doo Group is highly regulated by a number of financial regulators around the world, including the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the UK Financial Conduct Authority (FCA), Mauritius Financial Services Commission (MFSC), Vanuatu Financial Services Commission (VFSC), with operating centres in Dallas, London, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other places.
Visit us at www.doogroup.com
For enquiries and further information, please contact us:
Hong Kong: +852 6701 2091
Email: [email protected]
[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 makes no representation and warranties to the information displayed and 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 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.
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