Doo Group, a financial services group with cutting-edge technology and solutions, recorded USD54.41 billion in total trading volume in August 2022.
Doo Group was established in 2014 and is now headquartered in Singapore. After years of development, Doo Group has become a financial services group with financial technology as its core.
The August 2022 total trading volume sees an increase of 18.01% compared with the previous month. Nonetheless, on a yearly basis, the trading volume shows a significant increase of 102.9% compared to USD26.82 billion in the same month last year.
Meanwhile, the average daily volume in August was USD1.76 billion, an increase of 18.01% compared to July 2022.
This figure was obtained from the total of trading volumes from the Group's affiliates, Doo Clearing Limited, which is a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.
To date, Doo Group's total volume traded is valued at USD438.655 billion. Of this total, August saw an increase in the total volume of 129.93% compared to the same period last year.
According to the data, XAU/USD, EUR/USD, and GBP/USD were the top choices for traders. They took up 78.82% of the total trading volume in August.
In addition, XAU/USD recorded the highest monthly trading volume with USD34.61 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD8.27 billion of the overall monthly trading volume. The XAU/USD recorded the highest increase in monthly trading volume, with US4.50 billion, or 14.94% compared to July.
Currently, Doo Group is strictly regulated by many top global financial regulators, including 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 (FSC), with operating centres in Dallas, London, Sydney, Singapore, Hong Kong, Dubai, Kuala Lumpur and other places
