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Doo Prime Reports Record Trading Volume in May 2024
Source:https://www.dooprimenews.com/company-news/latest-release/doo-prime-reports-record-trading-volume-in-may-2024 | Author:finance-102 | Date2024-06-24 | 47 Views | Share:
We are pleased to release our May 2024 trading volume report, highlighting our strong performance and trading activity across our platform.

We are pleased to release our May 2024 trading volume report, highlighting our strong performance and 

trading activity across our platform. 


May Trading Volume Overview 2024 

  • Total Trading Volume: 106.53 billion USD 

  • Most Popular Products: XAU/USD, EUR/USD, GBP/USD 

  • XAU/USD saw the highest trading volume at 80.99 billion USD. 

  • EUR/USD saw the highest increase, an increase of 1.1 billion USD or 11.26%. 


According to the report, Doo Prime’s total trading volume in May 2024 stood at 106.53 billion USD. Furthermore, 

May’s average daily volume (ADV) was 3.46 billion USD. 


Investors’ risk aversion gradually faded away in May due to the better-than-expected US economic data, and the 

weakening of inflation pressure. Additionally, the central banks in Europe are expected to lower interest rates, 

causing the Eurozone’s stock indexes to move upward. This has enhanced the investors’ risk appetite and lowered 

their interest in gold. Therefore, there was a minor decrease in the trading volume of XAU/USD in May.  


Since the beginning of 2024, Doo Prime’s trading volume has been in a stable state. Year to date, Doo Prime’s total 

trading volume is valued at 465.00 billion USD, marking a growth of 24.26% 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, representing 

88.81% of May’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 80.99 

billion; while EUR/USD and GBP/USD have a total monthly trading volume of USD 13.63 billion. 


Besides, EUR/USD has the largest growth in the monthly trading volume, an increase of 1.1 billion USD or 11.26% 

as compared to April. 


As an internationally reputable online broker, we continue to demonstrate strong momentum in trading volume. With 

our seamless trading platform, well-established industry partnerships, and experienced technical team, we are 

committed to always providing the best trading experience.  


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