Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its February 2024
trading volume report.
February Trading Volume Overview 2024
Total Trading Volume: USD 70.76 billion
Most Popular Products: XAU/USD, EUR/USD, GBP/USD
XAU/USD saw the highest trading volume at USD 44.53 billion.
GBP/JPY saw the highest increase, an increase of USD 0.46 billion or 43.29%.
According to the report, Doo Prime’s total trading volume in February 2024 is valued at USD 70.76 billion, a slight
decrease of 14.18% from the previous month. Furthermore, February’s average daily volume (ADV) is USD 2.44
billion, an increase of 8.26% from January.
The US released a variety of key economic data in February, and they surpassed the market’s expectations, gaining
a strong reaction from the market. As risk aversion rose, investors adopted a “wait-and-see” position towards the
market, causing Doo Prime’s trading volume to drop slightly in February.
Since the beginning of 2024, Doo Prime’s trading volume has been in a stable state. Year to date, Doo Prime’s total
trading volume is valued at USD 153.22 billion, an expansion of 17.60% as compared to the same period last year.
According to the recorded data, XAU/USD, EUR/USD, and GBP/USD were the investors’ top picks, contributing 81.33%
of February’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 44.53 billion;
meanwhile EUR/USD and GBP/USD have a total monthly trading volume of USD 13.02 billion.
Besides, GBP/JPY has the largest growth in the monthly trading volume, an increase of USD 0.46 billion or 43.29% as
compared to January.
As an internationally leading online brokerage group, Doo Prime continues to show a strong momentum in the trading volume.
In the future, Doo Prime will continue to develop a global FinTech system and build a comprehensive financial ecosystem,
striving to lead the FinTech transformation in this era, ensuring that its clients are at the forefront of the industry.