Doo Prime, a pre-eminent online broker with financial technology at its core, recently released its June 2023 trading volume report.
June Trading Volume Overview 2023
- Total trading volume: USD78.17 billion
- Most popular products: XAU/USD, EUR/USD, GBP/USD
- XAU/USD saw the highest trading volume at USD49.35 billion
- GER30 saw the highest increase, up USD324 million or 360.04%
According to the report, Doo Prime’s total trading volume in June 2023 sits at USD78.17 billion, a slight drop of 4.95% from the previous month. On top of that, the average daily volume (ADV) in June was USD2.61 billion, a decrease of approximately 1.79% from May.
Divergence in global central bank interest rate resolutions increased in June, with the lagged effect of rate hikes and uncertainty over credit tightening increasing the risk of excessive tightening. The hawkish tone of the Federal Reserve’s rhetoric reinforced market expectations of a tightening cycle, and the market was in a wait-and-see mode, with trading volumes falling slightly in June. Since the beginning of 2023, Doo Prime has shown a stable trend overall. To date, Doo Prime’s total trading volume reached USD452.39 billion, an increase of approximately 33.8% compared to the same period last year.
According to the data, XAU/USD, EUR/USD, GBP/USD were the top choices for traders during the month, accounting for 83.02%. Among them, XAU/USD recorded the highest monthly trading volume of about USD49.35 billion, while EUR/USD and GBP/USD had a total monthly trading volume of about USD15.55 billion.
In addition, GER30 saw the highest trading volume growth, an increase of USD324 million or 360.04% compared to May.
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
Our Trading Products
Securities | Futures | Forex | Precious Metals | Commodities | Stock Indices
Doo Prime is an international preeminent online broker under Doo Group, which 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 90,000 clients, with an average trading volume of more than USD 51.223 billion each month.
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 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.
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: en.support@dooprime.com
Account Manager: en.sales@dooprime.com
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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 as 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.
