Doo Group Posts 53.37% MoM Increase in October’s ADV

Doo Group, a fintech-motivated financial service group, has published its monthly trading volume for October 2021, indicating a significant jump in average daily trading volume on a YoY basis.

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According to the press release, Doo Group’s total trading volume came in at $46.55 billion, 58.48% higher compared with the previous month’s $29.37 billion. However, on a yearly basis, the trading volume dipped by 14.41% compared with October's figure in 2020. In October 2020, total trading volume was USD54.39 billion.

The company's average daily trading volume for the month reached USD1.5 billion, a 53.37% increase compared with the previous month. With those figures, Doo Group's total volume traded for the year to date of 2021 is valued at USD266.71 billion.  

In October, XAU/AUD, EUR/USD, and XAU/USD remain the leading choice for traders. They took up 79.33% of total trading volume in October 2021. XAU/AUD recorded a total of USD17.66 billion of the overall monthly trading volume.

“While there are many factors contributing to this massive growth, there is no question that Doo Group has the capability to exemplify this powerful performance in months and years to come,”the company stated.”The company will continue to create a global fintech system and lead the way to a new era of fintech-driven globalization.”

Last month, Doo Group has partnered with with oneZero, a global leader in multi-asset enterprise trading technology on liquidity clearing.