Doo Prime, a pre-eminent online broker group with financial technology as its core, recently released its September 2023 trading volume report.
September Trading Volume Overview 2023
- Total trading volume: USD78.70 billion
- Most popular products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD saw the highest trading volume at USD58.59 billion
- HSI_2309 saw the highest increase, up USD0.36 billion or 279.76%
According to the report, Doo Prime’s total trading volume in September 2023 valued at approximately USD78.70 billion, a slight decrease of 10.14% from previous month. Furthermore, September’s Average daily volume (ADV) is USD2.62 billion, a slight decline of 7.15% from August.
The fear towards global recession and risk aversion has caused the gold value to significantly rise over the first half of 2023, leading Doo Prime’s trade volume in July to spike. As the greenback rose strongly, US Treasury Securities yield rate increased, and the fear towards US rate hikes, and more has caused the attractiveness towards gold to decline, and investors’ interest towards gold has weakened. The market is currently holding off, Doo Group’s trading volume in September has also gradually slowed down as compared to the significant increase in July. Since the beginning of 2023, Doo Prime’s trading volume has been in a stable state generally. Year to date, Doo Prime’s total trade volume is USD710.66 billion, an increase of approximately 44.20% from the same period last year.
The data shows that XAU/USD, EUR/USD, GBP/USD are the top picks of traders this month, constituting 86.84% of September’s total trading volume. Among them, XAU/USD had the highest monthly trading volume, approximately USD58.59 billion; EUR/USD and GBP/USD had a total monthly trading volume of USD9.76 billion.
Besides, HSI_2309 recorded the biggest growth in monthly trading volume, an increase of USD0.36 billion or 279.76% as compared to August.
As an internationally leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. Doo Prime will continue to build a global fintech system and establish a comprehensive financial ecosystem. Doo Prime will continue to strive to become the unicorn in the fintech industry in this new era, and ensure the clients are at the forefront in the industry.
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Doo Prime, an international preeminent online broker under Doo Group, strives to provide professional investors with global CFD trading products in Securities, Futures, Forex, Precious Metals, Commodities, and Stock Indices. At present, Doo Prime is delivering the finest trading experience to more than 130,000 clients, with an average trading volume of more than USD 51.223 billion each month.
Doo Prime entities respectively holds 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 20+ 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 Doo Prime 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.
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