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Doo Prime Reports Record Trading Volume in February 2024
Source:https://www.dooprimenews.com/company-news/doo-prime-reports-record-trading-volume-in-february-2024 | Author:finance-102 | Date2024-03-14 | 46 Views | Share:
Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its February 2024 trading volume report.

Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its February 2024 

trading volume report.


February Trading Volume Overview 2024 

Total Trading Volume: USD 70.76 billion 

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

XAU/USD saw the highest trading volume at USD 44.53 billion. 

GBP/JPY saw the highest increase, an increase of USD 0.46 billion or 43.29%. 


According to the report, Doo Prime’s total trading volume in February 2024 is valued at USD 70.76 billion, a slight 

decrease of 14.18% from the previous month. Furthermore, February’s average daily volume (ADV) is USD 2.44 

billion, an increase of 8.26% from January. 


The US released a variety of key economic data in February, and they surpassed the market’s expectations, gaining 

a strong reaction from the market. As risk aversion rose, investors adopted a “wait-and-see” position towards the 

market, causing Doo Prime’s trading volume to drop slightly in February. 


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 USD 153.22 billion, an expansion of 17.60% 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 81.33% 

of February’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 44.53 billion; 

meanwhile EUR/USD and GBP/USD have a total monthly trading volume of USD 13.02 billion. 


Besides, GBP/JPY has the largest growth in the monthly trading volume, an increase of USD 0.46 billion or 43.29% as 

compared to January. 


As an internationally leading online brokerage group, Doo Prime continues to show a strong momentum in the trading volume. 

In the future, Doo Prime 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.