Doo Group Strengthens Presence with Regulatory Licenses

Doo Group has announced an important milestone as its subsidiary, PT Doo Financial Futures, has received regulatory licenses from the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI). The licenses, including a Futures Brokerage Business License (376/BAPPEBTI/SI/VI/2004) and approval as a participant in the Indonesian Alternative Trading System (1159/BAPPEBTI/SI/3/2007), mark a pivotal step in the group’s expansion into the Indonesian financial market.

Doo Group Strengthens Southeast Asian Presence with Regulatory Licenses

Also, this development follows Doo Group’s recent acquisition of the licensed Indonesian broker, Prima Tangguharta Futures, which was exclusively reported. PT Doo Financial Futures, operating under the Doo Financial brand, offers a broad spectrum of financial products, including global securities, futures, funds, bonds, and primary and secondary market securities placements. The successful acquisition of the BAPPEBTI licenses underscores the firm’s strong compliance and professionalism, enabling it to provide investors with a wider array of global market opportunities.

Indonesia, with its substantial population and growing economy, plays a crucial role in Southeast Asia’s financial landscape. As a licensed entity, PT Doo Financial Futures will now be able to offer a comprehensive suite of services, including securities, futures, CFDs, and over-the-counter transactions, all under the stringent supervision of BAPPEBTI. This move is going to enhance investor confidence and cater to the diverse investment needs of the Indonesian market.

In addition to the Indonesian licenses, Doo Financial holds regulatory approvals from major authorities across the globe, including the US SEC, US FINRA, Australian ASIC, Hong Kong SFC, Malaysia’s Labuan FSA, and Singapore’s MAS.

The company views the Indonesian license as a significant milestone in its strategy to expand its presence in Southeast Asia and plans to leverage Indonesia’s strategic position to unlock further growth in the region.

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