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Published on 2025-03-14 | 6 hours ago
Doo Group’s Trading Volume Hits $134 Billion in February, Driven by Gold and JPY
Doo Group reported a total trading volume of $134.11 billion
in February 2025, a 25.33% increase from January. The company faced lower
trading activity in January due to seasonal factors and market adjustments.
Despite initial challenges, trading volume rebounded in February as market
conditions stabilized.Gold, JPY Drive Doo Group GrowthThe average daily volume (ADV) reached $4.79 billion, up
38.75% from the previous month. Market conditions influenced trading activity.
The impact of Donald Trump’s tariff policies and heightened global trade
tensions led to increased risk aversion. Gold prices reached a historic high of
$2,956 per ounce in February, driving a rise in XAU/USD trading."Doo Group continues to show strong momentum in its
trading volume. In the future, Doo Group will continue to develop a global
FinTech system and build a comprehensive financial ecosystem," the firm
stated in its blog post. Doo Group’s Trading Volume Grows 89%Meanwhile, sentiment toward Japan’s economy improved. The
Japanese yen recorded its strongest monthly performance since July 2024. This
drove increased trading activity in USD/JPY and GBP/JPY, which were among the
most traded currency pairs of the month.Doo Group’s total trading volume increased by 89.51%
compared to February 2024. The most traded products were XAU/USD, USD/JPY,
EUR/USD, GBP/JPY, and NAS100. XAU/USD had the highest trading volume, rising
17.51% from the previous month. JPY-related products were actively traded, with
USD/JPY becoming the second most traded product. GBP/JPY saw the largest
monthly growth, increasing by 946.32%.Expanding Presence in CyprusMeanwhile, Doo Group, which obtained a Cyprus license in
late 2023, has
expanded its operations with the opening of a new office in Limassol. The
company stated that this is its largest office in Europe, as reported by Finance Magnates.This appears to be Doo Group’s second office in Cyprus, as
the listed address differs from the one registered with the Cyprus Securities
and Exchange Commission. Approximately 80 employees are now based at the new
location.Doo Group was granted its Cyprus Investment Firm license in
September 2023, as per regulatory records, although it made a public
announcement in November. The license permits the company to offer derivative
products, including contracts for difference, across European markets.
This article was written by Tareq Sikder at www.financemagnates.com.
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