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
Trading in securities, futures, contracts for difference (CFDs) and other financial products carries high risks due to the rapid and unpredictable fluctuation in the value and prices of these financial instruments. This unpredictability is due to the adverse and unpredictable market movements, geopolitical events, economic data releases and other unforeseen circumstances. You may sustain substantial losses, including losses exceeding your initial investment within a short period of time.
You are strongly advised to fully understand the nature and inherent risks of trading with the respective financial instrument before you begin to trade or engage in any transactions with us. When you engage in transactions with us, you acknowledge that you are aware of and accept these risks. You should conduct your own research and consult with an independent qualified financial advisor or professional before making any financial, trading or investment decisions.
Disclaimer
The information contained in this blog is for general informational purposes only and should not be considered as financial, investment, legal, tax or any other form of professional advice, recommendation, an offer, or an invitation to buy or sell any financial instruments. The content herein, including but not limited to data, analyses and market commentary, is presented based on internal records and/or publicly available information and may be subject to change or revision at any time without notice and does not consider any specific recipient’s investment objectives or financial situation. Past performance is not an indicator of future performance and D Prime and its affiliates give no assurance that any views, projections or forecasts will materialize. D Prime and its affiliated entities make no representations or warranties about the accuracy or completeness of this information and disclaim any and all liability for any direct, indirect, incidental, consequential, or other losses or damages arising out of or in connection with the use of or reliance on any information contained in this blog. You should conduct your own research and consult with an independent qualified financial advisor or professional before making any financial, trading or investment decisions.
