Doo Group expands its global presence with new licenses from the British Virgin Islands FSC and Cayman Islands CIMA.
Doo Group expands its global presence with new licenses from the British Virgin Islands FSC and Cayman Islands CIMA.
Doo Group has announced that its subsidiary, Doo Financial, has secured new regulatory licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA), further expanding its global reach.
The BVI FSC has granted Doo Financial Fund Management (BVI) Limited (DF BVI) a license, authorizing it to operate as an investment adviser and manager for various types of funds, including private, professional, and closed-end funds. The IBR/AIM/24/2085 permit enables DF BVI to provide fund management services in compliance with the Investment Business (Approved Investment Managers) Regulations 2012.
Additionally, CIMA has awarded Doo Selected SPC Fund, another entity under Doo Financial, a public fund license with registration number 2147585. This license allows Doo Selected SPC Fund to offer public fund management services aimed at identifying and leveraging global investment opportunities while managing associated risks under CIMA’s supervision.
The latest licenses reinforce Doo Group’s commitment to offering a broad range of investment services to a global clientele. Doo Financial aims to provide innovative and flexible investment strategies, ensuring the ability to capitalize on market opportunities while maintaining rigorous risk management practices.
Doo Group operates several prominent online trading platforms, including Doo Prime, Doo Clearing, and Doo Financial. The group, controlled by Chinese national Junjie Chen, has a growing presence in global financial markets.
Its entities are also licensed by a range of financial authorities, including the US Securities and Exchange Commission (SEC), the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (SFC), and others across Southeast Asia and the Caribbean. The company’s recent acquisition of Prima Tangguharta Futures further strengthens its international operations. It complements its expanding portfolio of regulatory licenses, solidifying its position as a global financial services industry player.
Also, Stay Updated With The Latest Broker News.
Vantage is a well-decorated multi-asset broker based in Sydney, boasting over ten years of profound market knowledge. Operating in 172 countries, they employ a workforce of over 1,000 professionals distributed across 30 offices all across the globe.
Established in 2016, Blueberry Markets is an Australia-based broker that specializes in forex and CFD trading while being overseen by regulatory bodies ASIC. The broker provides traders globally with MetaTrader 4 and MetaTrader 5 trading platform options.
XM is a global online broker that specializes in Forex and CFD trading. Headquartered in Cyprus, the company operates under the regulation of CySEC. It offers traders the opportunity to trade various financial instruments, including forex pairs, commodities, indices, and stocks.
Please drop your email below to get daily updates about what we do
FX Broker Tester is your guide to uncovering dependable Broker partners perfectly aligned with your needs in the financial markets. Identify the ideal match by exploring the meticulous evaluation conducted by our team of seasoned analysts. Via our platform, you gain entry to comprehensive broker reviews, rankings, detailed comparisons, the latest broker news, and a calendar of worldwide Forex events.
