Doo Group Reports Record Trading Volume in January 2024 - blog

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

January Trading Volume Overview 2024

Total Trading Volume: USD 82.46 billion
Most Popular Products: XAU/USD, EUR/USD, GBP/USD
XAU/USD saw the highest trading volume at USD 54.42 billion
XAU/USD saw the highest increase, an increase of USD 9.72 billion or 21.75%

(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 January 2024 is valued at USD 82.46 billion, an increase of 25.20% from the previous month. Furthermore, January’s average daily volume (ADV) is USD 2.66 billion, a rise of 25.20% from December.

The investors have resumed their investment plans as the new year began, and the higher than expected rebound of the US economy, backed by the strong economic data and the decline of the US Treasury Yield, has strengthened the investors’ confidence in the market.

With that, Doo Group continues its steady upward trend in trading volume, injecting strong momentum since the beginning of the year. Year to date, Doo Group’s total trading volume is valued at USD 82.46 billion, an expansion of 35.40% 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 83.83% of January’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 54.42 billion; meanwhile, EUR/USD and GBP/USD have a total monthly trading volume of USD 14.7 billion.

Besides, XAU/USD has the largest growth in the monthly trading volume, an increase of USD 9.72 billion or 21.75% as compared to December.

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
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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