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Doo Prime Reports Record Trading Volume In July 2023
Source:https://www.dooprimenews.com/company-news/doo-prime-2023-july-trading-volume | Author:finance-102 | Date2023-08-15 | 151 Views | Share:
Doo Prime, a pre-eminent online broker group with financial technology at its core, recently released its July 2023 trading volume report.

Doo Prime, a pre-eminent online broker group with financial technology at its core, recently 

released its July 2023 trading volume report. 


July Trading Volume Overview 2023 

  • Total trading volume: USD91.99 billion 

  • Most popular products: XAU/USD, EUR/USD, GBP/USD 

  • XAU/USD saw the highest trading volume at USD61.73 billion 

  • XAU/USD saw the highest increase, up USD12.38 billion or 25.09% 


According to the report, Doo Prime’s total trading volume in July 2023 sits at USD91.99 billion, a slight 

increase of 17.68% from the previous month. On top of that, the average daily volume (ADV) in July 

was USD2.97 billion, an increase of approximately 13.88% from June. 


In July, business activity in the United States and the European region both slowed down and contracted 

more than the market expected, exacerbating fears of a global recession. In this case, risk aversion has 

led investors to buy gold to avoid risk. XAU/USD was not only the most traded product in July, but also the 

product with the largest increase in trading volume. Since the beginning of 2023, Doo Prime has shown a 

stable trend overall. To date, Doo Prime’s total trading volume reached USD544.38 billion, an increase of 

approximately 44.3% 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 82.71%. Among them, XAU/USD recorded the highest monthly trading volume of about 

USD61.73 billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD14.36 

billion.     


In addition, XAU/USD saw the highest trading volume growth, an increase of USD12.38 billion or 25.09% 

compared to June.    


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

volume. 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. 


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