Doo Group Reports Record Trading Volume of USD42.72 Bn in March, up 25.03% MoM

Doo Group, a large financial services group with financial technology at its core, recently released its March 2022 trading volume report.

The group recorded USD42.72 billion in total trading volume on March 2022, which sees an increase of 25.03% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 14.65% compared to USD17.33 billion in the same month last year.

Meanwhile, the average daily volume (ADV) in March was USD1.38 billion, an increase of 12.93% 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 for the first quarter of 2022 is valued at USD113.34 billion. Of this total, March has the highest total volume of 37.7%. 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 81.22% of total trading volume in March.

In addition, XAU/USD recorded the highest monthly trading volume with USD25.59 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD9.12 billion of the overall monthly trading volume.

The XAU/USD recorded the highest increase in monthly trading volume, with USD4.57 billion, or 21.69% compared to February.