We are pleased to present Doo Prime’s December 2024 trading volume report, which reflects a strong month of trading activity and solid performance across our platform.
December Trading Volume Overview 2024
- Total Trading Volume: USD 111.06 billion
- Most Popular Products: XAU/USD, N225 (Nikkei), EUR/USD
- XAU/USD saw the highest trading volume.
- HSI (Hang Seng Index) saw the highest increase, an increase of 1341.07%.
According to the report, Doo Prime’s total trading volume in December 2024 is valued at USD 111.06 billion, a decrease of 16.48% from the previous month. Furthermore, December’s average daily volume (ADV) is USD 3.58 billion, a decline of 19.17% from November.
The Federal Reserve (Fed) cut rates by 25 basis points in December to 4.25% – 4.5%, back to the December 2022 level. This is the third time the Fed reduced the rates in 2024, suggesting a slower pace in rate cuts in 2025. This has caused the investors to take the “wait-and-see” approach in the market.
Besides, many investors have slowed down in their trading activities due to the festivities in December and year-end fund settlement requirements. This has caused Doo Prime’s trading volume to drop seasonally, and investors are taking a more conservative approach to leave some space for investments in the new year.
Despite that, Doo Prime has shown a stable performance in 2024. Year to date, Doo Prime’s total trading volume is valued at USD 1404.13 billion, an expansion of 52.72% as compared to the same period last year.
According to the recorded data, XAU/USD, N225 (Nikkei), and EUR/USD were the investors’ top picks, contributing to 90.49% of December’s total trading volume.
HSI (Hang Seng Index) has the largest growth in the monthly trading volume, an increase of 1341.07% as compared to November.
As an ever-growing online broker, we continue to demonstrate strong momentum in trading volume. With our seamless trading platform, well-established industry partnerships, and experienced technical team, we are committed to always providing the best trading experience.
Risk Disclosure
Securities, Futures, CFDs and other financial products involve 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 your initial investment could incur within a short period of time.
Please make sure you fully understand the risks of trading with the respective financial instrument before engaging in any transactions with us. You should seek independent professional advice if you do not understand the risks explained herein.
Disclaimer
This information contained in this blog is for general reference only and is not intended as investment advice, a recommendation, an offer, or an invitation to buy or sell any financial instruments. It does not consider any specific recipient’s investment objectives or financial situation. Past performance references are not reliable indicators of future performance. Doo Prime and its affiliates make no representations or warranties about the accuracy or completeness of this information and accept no liability for any losses or damages resulting from its use or from any investments made based on it.
