Doo Group Reports 138% YoY Surge in April Trading Volume

Doo Group, a financial services group with cutting-edge technology and solutions, recorded USD 54.93 billion in total trading volume on April 2022.

The April 2022 total trading volume sees an increase of 28.56% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 138.0% compared to USD23.08 billion in the same month last year. Meanwhile, the average daily volume (ADV) in April was USD1.83 billion, an increase of 32.84% compared to the previous month.

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.

With those figures, Doo Group's total volume traded is valued at USD168.26 billion. Of this total, April has the highest total volume of 32.64% for the year. Overall, there was a slight drop in February, but despite that, the Group's monthly trading volume continued to grow steadily. Doo Group has been reporting solid growth in its trading volume.

According to the latest numbers, XAU/USD, EUR/USD, and GBP/USD were the top choices for traders. They took up 88.64% of total trading volume in April. 

In addition, XAU/USD recorded the highest monthly trading volume with USD39.66 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD9.03 billion of the overall monthly trading volume. The XAU/USD recorded the highest increase in monthly trading volume, with USD14.02 billion, or 54.69% compared to March.