Doo Group Sees 106.7% YoY Surge in Trading Volume in June 2022

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

The June 2022 total trading volume came in at USD65.96 billion, down by 36.54% compared with the previous month. In addition, on a yearly basis, the trading volume significantly increased by 106.7% compared to USD31.91 billion in the same month last year.

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Meanwhile, the average daily volume (ADV) in June was USD2.20 billion, a decrease of 34.42% 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 USD338.15 billion. Of this total, June saw an increase in the total volume of 147.77% compared to the same period last year.

The total trading volume in June saw a slight drop compared to last month due to the breakthrough growth in May, which set a new record for the first half of the year.

The Group's monthly trading volume continues 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 87.67% of the total trading volume in June.

In addition, XAU/USD recorded the highest monthly trading volume with USD48.19 billion. The other two strongest pairings are EUR/USD and GBP/USD, which recorded USD9.63 billion of the overall monthly trading volume.

The USD/CHF recorded the highest increase in monthly trading volume, with USD1.18 billion, or 169.79% compared to May.