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DOOPRIME: Doo Prime Reports Record Trading Volume In November 2022
Source:https://www.dooprimenews.com/company-news/doo-prime-reports-record-trading-volume-in-november-2022 | Author:finance-102 | Date2022-12-15 | 125 Views | Share:
Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its November 2022 trading volume report.

Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its November 2022 trading volume report. 

November Trading Volume Overview 2022 

  • Total trading volume: USD57.61 billion 

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

  • XAU/USD recorded the highest trading volume at USD36.36 billion 

  • EUR/USD saw the highest increase, up USD3.17 billion or 86.41% 

According to the report, Doo Prime’s total trading volume in November sits at USD57.61 billion, a slight decrease of 0.32% from the previous month. Yet, it was still an increase of approximately 31.4% compared to USD43.84 billion in the same period last year. On top of that, the average daily volume (ADV) in November was USD1.92 billion, an increase of approximately 3.01% from October.  

Since the beginning of the year, Doo Prime has seen steady growth in terms of trading volume. Apart from the breakthrough growth in May, trading volume in other months remained steadily. In November, popular events such as the announcement of various important non-farm payroll data and the public speeches of the Federal Reserve officials were concentrated, resulting in volatile marketing fluctuations. Although the volatile market has caused some investors to scale back their trading to a certain extent, it has also created opportunities to attract traders to enter the market. In the end, although the trading volume in November fell slightly compared with the previous month, it still achieved a relatively large increase year-on-year. Year-to-date, Doo Group’s trading volume has reached USD608.248 billion, an increase of 106.93% over the same period last year.  

According to the data, XAU/USD, EUR/USD and GBP/USD were the top choices for traders during the month, accounting for 80.34%. Among them, XAU/USD recorded the highest monthly trading volume of about USD36.36 billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD10.64 billion.  

In addition, EUR/USD saw the highest trading volume growth, increasing by USD3.17 billion or 86.41% from October.  

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 Group 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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