Doo Group Reports Record Trading Volume In May 2022
Doo Group, a large financial services group with financial technology at its core, recently released its May 2022 trading volume report.
May 2022 Trading Volume Overview
- Total Trading Volume: USD103.93 billion
- Most popular products: XAU/USD, EUR/USD, US30
- XAU/USD recorded the highest trading volume at USD84.31 billion
- XAU/USD posted the highest increase of 112.06% (+USD44.65 billion)
Doo Group, a financial services group with cutting-edge technology and solutions, recorded USD103.93 billion in total trading volume on May 2022.
The May 2022 total trading volume sees an increase of 89.21% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 223.8% compared to USD32.10 billion in the same month last year.
Meanwhile, the average daily volume (ADV) in May was USD3.35 billion, an increase of 83.11% compared to the previous month.
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.
With those figures, Doo Group’s total volume traded is valued at USD272.19 billion. Of this total, May has the highest total volume of 38.18% for the year. Despite the slight drop in February, the Group’s monthly trading volume continued to grow steadily. Doo Group has been reporting solid growth in its trading volume.
According to the latest numbers, XAU/USD, EUR/USD, and US30 were the top choices for traders. They took up 92.76% of total trading volume in May.
In addition, XAU/USD recorded the highest monthly trading volume with USD84.31 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD12.09 billion of the overall monthly trading volume.
The XAU/USD recorded the highest increase in monthly trading volume, with USD44.65 billion, or 112.60% compared to April.
While there are many factors contributing to this growth, there is no question that Doo Group holds the capability to exemplify this flourishing performance in months and years to come.
The company will continue to create a global fintech system and lead the way to a new era of fintech-driven globalization.
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
Doo Group was established in 2014, currently headquartered in Singapore. After years of development, Doo Group has become a multi-faceted financial services group with financial technology as its core. With multiple sub-brands such as Doo Clearing, Doo Financial, Doo Prime, FinPoints and more, Doo Group is committed to provide trading and asset management services for over 20,000 financial products such as Securities, Futures, Forex, CFDs and Funds to global individual and institutional clients.
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 (SEC) and Financial Industry Regulatory Authority (FINRA), United Kingdom Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Seychelles Financial Services Authority (FSA), Mauritius Financial Services Commission (FSC), and the Vanuatu Financial Services Commission (SFC). 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
Visit us at www.doogroup.com
Hong Kong: +852 6701 2091
Singapore: +65 6011 1736
Email: [email protected]
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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