Doo Prime Reports Record Trading Volume In October 2022 - Doo Prime News
Doo Prime News > Company News > Doo Prime Reports Record Trading Volume In October 2022

Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its October 2022 trading volume report. 

October Trading Volume Overview 2022 

  • Total trading volume: USD57.79 billion 
  • Most popular products: XAU/USD, GBP/USD, EUR/USD 
  • XAU/USD recorded the highest trading volume at USD37.73 billion 
  • XAU/USD saw the highest increase, up USD5.16 billion or 15.83% 

According to the report, Doo Prime’s total trading volume in October sits at USD57.79 billion, a steady increase of 6.64% from the previous month. It was also an increase of 93.0% from USD29.94 billion in the same month last year. On top of that, the average daily volume (ADV) in October was USD1.86 billion, an increase of approximately 3.20% from September. 

Since the beginning of the year, Doo Prime has seen steady growth in terms of trading volume. Apart from the breakthrough growth in May, trading volume in other months remained steadily. Since October, popular events such as the release of non-farm payroll and the Federal Reserve interest rate hike policy have followed one after another, which has caused a relatively clear trend in the market performance. Accordingly, the trading volume in October remained stable and increased compared with the previous month. 

According to the data, XAU/USD, GBP/USD and EUR/USD were the top choices for traders during the month, accounting for 77.99% of the total trading volume in October. Among them, XAU/USD recorded the highest monthly trading volume of about USD37.73 billion, while GBP/USD and EUR/USD had a total monthly trading volume of about USD7.34 billion. 

In addition, EUR/USD saw the highest monthly volume growth, increasing by USD5.16 billion or 15.83% from September. 

As an industry-leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. In the future, Doo Prime aspires to continuously build a global financial technology system and a comprehensive financial ecosystem. Doo Prime will strive for excellence through its journey of leading the new fintech era, keeping its clients at the forefront in the industry.   

About Doo Prime 

Doo Prime is an international pre–eminent online broker under Doo Group, which strives to provide professional investors with global CFD trading products in Securities, Futures, Forex, Commodities, Stock Indices, and Funds. At present, Doo Prime is delivering the finest trading experience to more than 60,000+ professional clients, with an average monthly trading volume of USD51.223+ billion.    

Doo Prime entities respectively hold the relevant financial regulatory licenses in Seychelles, Mauritius, and Vanuatu with operation centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other regions.       

With robust financial technology infrastructure, well-established partnerships, and an experienced technical team, Doo Prime boasts a safe and secure trading environment, competitive trading costs, as well as deposit and withdrawal methods that support 10 different currencies. Doo Prime also incorporates 24/7 multilingual customer service and extremely fast trade execution via multiple industry-leading trading terminals such as MT4, MT5, TradingView, and InTrade, covering over 10,000 trading products.       

Doo Prime’s vision and mission are to become a financial technology-focused broker, streamlining international global financial products investment.        

For more information about Doo Prime, please contact us at:     

Phone:     

Europe : +44 11 3733 5199     

Asia : +852 3704 4241      

Asia – Singapore: +65 6011 1415     

Asia – China : +86 400 8427 539     

E-mail:        

Technical Support: [email protected]     

Account Manager: [email protected]      

Forward-looking Statements     

This article contains “forward-looking statements” and may be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “plan”, “potential”, “predict”, “should”, or “will”, or other variations thereon or comparable terminology. However, the absence of such terminology does not mean that a statement is not forward-looking. In particular, statements about the expectations, beliefs, plans, objectives, assumptions, future events, or future performance of Doo Prime will be generally assumed as forward-looking statements.     

Doo Prime has provided these forward-looking statements based on all current information available to Doo Prime and Doo Prime’s current expectations, assumptions, estimates, and projections. While Doo Prime believes these expectations, assumptions, estimations, and projections are reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond Doo Prime’s control. Such risks and uncertainties may cause results, performance, or achievements materially different from those expressed or implied by the forward-looking statements.     

Doo Prime does not provide any representation or warranty on the reliability, accuracy, or completeness of such statements. Doo Prime is not obliged to provide or release any updates or revisions to any forward-looking statements.    

Risk Disclosure    

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance.  Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to suffer significant losses when using such trading facilities.      

Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Prime’s trading platforms. You should seek independent professional advice if you do not understand any of the risks disclosed by us herein or any risk associated with the trade and investment of financial instruments. Please refer to Doo Prime’s Client Agreement and Risk Disclosure and Acknowledgement Notice to find out more.    

Disclaimer    

This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future performance. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, make no representation or warranties to the information displayed and shall not be liable for any direct, indirect, special or consequential loss or damages incurred a result of any inaccuracies or incompleteness of the information provided, and any direct or indirect trading risks, profit, or loss arising from any individual’s or client’s investment. 

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