According to the report, Doo Prime’s total trading volume in May 2023 sits at USD82.25 billion, an increase of 

16.66% from the previous month. Apart from that, the average daily volume (ADV) in May was USD2.65 billion, 

an increase of approximately 12.89% from April.   

April marks the beginning of the second quarter. With the mixed economic data of various importance and 

adjustments to the US Federal Reserve’s monetary policy, trading volumes slowed in April as the market was in 

a wait-and-see mode. Heading into May, growth in the major inflation figures slowed, but remained strong. 

Therefore, it is widely believed that the Federal Reserve will pause its interest rate hikes in the upcoming policy 

decision and subsequently tighten its policies again. In light of this, investors rushed to buy gold as a hedge. 

As a result, XAU/USD was not only the most traded product in May, but the most traded product in trading 

volume. Since the beginning of 2023, Doo Prime has shown a solid overall upward trend in trading volume. To 

date, the Doo Group’s total trading volume reached USD374.22 billion, an increase of approximately 37.4% 

compared to the same period last year. 

According to the data, XAU/USD, EUR/USD, GBP/USD were the top choices for traders during the month, 

accounting for 84.39%. Among them, XAU/USD recorded the highest monthly trading volume of about USD49.56 

billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD19.85 billion.   

In addition, XAU/USD saw the highest trading volume growth, an increase of USD 8,744 million or 21.42% 

compared to April. 

As an industry-leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. 

In the future, Doo Prime aspires to continuously build a global financial technology system and a comprehensive 

financial ecosystem. Doo Prime will strive for excellence through its journey of leading the new fintech era, keeping 

its clients at the forefront in the industry.