Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, February 26 2020 - 00:15
AsiaNet
Doo Holding Group Expands Global Blueprint with New Bahamas Office
HONG KONG, Feb. 25, 2020 /PRNewswire-Asianet/ --

- International financial services group Doo Holding's subsidiary Doo Prime 
celebrates its entry into the Bahamas market to begin dealing in securities and 
asset management 

Doo Holding Group has officially established an office in the Bahamas for its 
sub-brand Doo Prime Bahamas, lifting the veil on a new location. 

Photo - https://photos.prnasia.com/prnh/20200225/2729747-1
(Doo Holding’s subsidiary Doo Prime celebrates the opening of new Bahamas 
office to begin dealing in securities and asset management.)

The establishment of the Bahamas office indicates that the company can begin 
trading in securities and asset management. Doo Holding is further heightening 
its position in the finance industry and diversifying its business portfolio. 

Doo Holding Group COO Mark Grand said the official establishment of the Bahamas 
office was part of its strategic expansion plan. Doo Prime is providing service 
to more than 109,800 satisfied customers across the world. Besides, its 
institutional-grade infrastructure has supported more than 150 institutional 
customers. 

"Doo Holding, after years of development, has grown into a comprehensive 
financial services group with fintech as its core. It is actively diversifying 
its product availability, so traders can choose from a diverse portfolio 
ranging from global stocks, forex, futures, precious metals, digital 
currencies, and CFDs.  

"Our licensed representatives, compliance officers, and traders are local 
veterans who have been engaging in banking, securities trading, and asset 
management for more than 20 years. 

"The establishment of the Bahamas office is an excellent development 
opportunity for us to deepen our involvement in securities trading, asset 
management and other areas of expertise," said Grand. 

Besides, Doo Holding has applied to the Bahamas Financial Regulatory Commission 
and will obtain its broker-dealer license within two months.  

The Bahamas is an offshore financial centre in the world with a comprehensive 
financial and legal system and a thorough financial regulatory system.  

The legislative framework of the financial services industry in the Bahamas is 
highly modernised and is fully supervised by the Central Bank of the Bahamas, 
the Bahamas Insurance Commission, the Bahamas Securities Commission and the 
compliance committee.  

All licensed financial institutions in the Bahamas are required to have local 
offices, two licensed representatives, and a compliance officer and a trader.  

The Bahamas requires that the client's fund must be sound and reasonable, and 
professional liability insurance shall be purchased for the client, and the 
financial institution must submit annual financial statements audited by 
international standards to ensure the full safety of the client's fund. 

Visit https://doo.hk/ 

SOURCE:  Doo Holding Group




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