Doo Group Reports $13.73 Billion Trading Volume In January 2021
Doo Group, a fintech-motivated financial service group, has reported a monthly trading volume of US$13.73 billion in January 2021, which is a total of trading volumes from the affiliate, Doo Clearing, a London-based FCA-regulated liquidity provider, and Doo Prime, a leading global online broker.
According to the official numbers, the latest trading volume is up 568.85% compared to the same month last year. However, January 2021 figures have decreased by 17.68% as compared to the figures in December 2020 due to various circumstances.
In January 2021, XAU/USD, EUR/USD, and GBP/USD remained consistent as the most popular instrument of traders since few months last year.
XAU/USD recorded a total of US$6.11 billion or 44.5% of the overall monthly trading volume. Another one of the strongest pairings is the EUR/USD and GBP/USD, which represented 32.55% of the total volumes traded in January.
Based on the statistics, the EUR/USD pairings posted the highest increase in monthly trading volumes with US$784.13 million or 33.99%.
Founded in 2014, the Doo Group has become a large financial services group, comprised of affiliates including Doo Clearing, Doo Financial, Doo Prime, and Doo Tech. Currently, The Doo Group operates financial trading licenses in the United Kingdom, the United States, Mauritius, and Vanuatu, with operating centres in London, Dallas, Hong Kong, Singapore, Kuala Lumpur, and other places.
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