Doo Group, which combines several financial services entities, including forex and contracts for differences (CFDs) brokers, has released its mid-year revenue report summarizing its operational activities and performance. Between January and June, the brokerage platforms of the group handled over $452.3 billion in trading volume, which increased 39.4 percent annually.
Solid Performance of Doo Group
Doo Group offers brokerage services under three entities: Doo Clearing, Doo Financial, and Doo Prime. It offers asset management services under Doo Wealth, payment and exchange services under Doo Payment Exchange, and financial technology under two more entities: Doo Tech and Fin Points.
The report further elaborated that the trading platforms of the Doo Group ended the first half of the year with more than 130,000 active clients.
Moreover, the swap-free campaign of the brokerage saved over $21.6 million worth of transaction costs between March and June. Its interest-free products were CFDs of US stocks, currency pairs, precious metals, and stock indices, while the interest was reduced for CFDs of cross-currency pairs, exotic currency pairs, and commodities.
Meanwhile, the trading platforms of the Doo Group also enhanced their offerings with the addition of natural gas futures CFDs. It even made a lot adjustments, allowing US-cent account users to trade a maximum volume from 100 to 1,000.
Broad Presence of Doo Group
The Doo Group is headquartered in Singapore and operates from its offices in Dallas, London, Sydney, Hong Kong, Dubai, and Kuala Lumpur, among other major cities. It also holds several operational licenses, including from the regulators in Malaysia, the United States, the United Kingdom, Australia, Hong Kong, Seychelles, Mauritius, and Vanuatu.
In a push towards enhancing its brand awareness, Doo Group inked a sponsorship deal with Manchester United, one of the top English football clubs, earlier this year. With the multi-year sponsorship deal, the Doo Group has become the Official Global Partner of the club.
