Doo Group opens new Cyprus office
Doo Financial Cyprus will effectively be located in Hyper Tower, in the same office recently vacated by Retail FX and CFDs broker BDSwiss.
Doo Financial Cyprus will effectively be located in Hyper Tower, in the same office recently vacated by Retail FX and CFDs broker BDSwiss.
The Financial Conduct Authority’s CASS rules require regulated firms to perform accurate and regular reconciliations of client assets.
Doo Financial HK secured a Type 1 (Dealing in Securities) License from the Hong Kong Securities and Futures Commission (SFC) in 2024.
The Doo Group operates several different online trading brands including Doo Prime, Doo Clearing, and Doo Financial.
Doo Group recently acquired licensed Indonesian broker Prima Tangguharta Futures.
The acquisition comes with a license issued by Indonesia’s financial regulator Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).
Doo Financial EMEA will be headed by Costas Kappai, formerly Executive Director and General Manager of FXPrimus.
The AUSTRAC remittance license is an important qualification for financial institutions to provide payment services in Australia.
Fraser Nelson joined Doo Group in 2022, and has since served as both Head of Institutional Clients and Business Development.
Ahmed Gomaa, who is based out of Egypt, has worked in senior Business Development roles for several Retail FX and CFDs brokers.