Doo Group Posts 6.23% MoM Decrease in February's Total Trading Volume

Doo Group, a large financial services group with financial technology at its core, recently released its February 2022 trading volume report, recording USD34.17 billion of total trading volume in the month.

The February 2022 total trading volume sees a slight decrease of 6.23% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 86.53% compared to USD18.32 billion in January 2022.

Despite the slight decrease in February's total trading volume, the average daily volume (ADV) was up by USD12.20 billion, an increase of 3.81% compared to the previous month. Doo Group has been reporting solid growth in its trading volume.

This number is a total of trading volumes from the Group's affiliates, Doo Clearing, which is a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.

According to the latest numbers, XAU/USD, EUR/USD, and US30 were the top choices for traders. They took up 81.73% of total trading volume in February.

In addition, XAU/USD recorded the highest monthly trading volume with USD21.06 billion. The other two strongest pairings are EUR/USD and US30, which recorded USD6.86 billion of the overall monthly trading volume. The XTI/USD posted the highest increase in monthly trading volume, with USD3.70 billion, or 43.74% compared to January.