Doo Prime, a part of Doo Group, has changed its name to D Prime. The change is part of a rebrand involving a new logo, color scheme, and website. The company said the rebrand is intended to reflect its current operations and future plans.
Doo Group, which holds a Cyprus Investment Firm license, has opened its largest European office in Limassol. The new office employs around 80 people and will serve as a strategic hub for the EMEA region. With the Cyprus license, Doo Group can offer derivative products such as CFDs across Europe. It also holds licenses in the US, UK, Australia, Hong Kong, Malaysia, and Indonesia.
Logo and Visual Identity Update
The new logo features a “D” and a reverse quotation mark forming a “P.” A new color, described as Highlighter Yellow, will be used in company materials.
The updated website includes 3D animations, live pricing, interactive tools, localized payment options, and multi-platform access. The company has moved to the Statamic content management system.
You may find it interesting at FinanceMagnates.com: Doo Group’s Trading Volume Hits $134 Billion in February, Driven by Gold and JPY.
Doo Group Trading Declines, Doo Clearing Automates Reconciliation
Meanwhile, Doo Group saw a decline in trading volume during the summer, with June’s total falling to $128.6 billion from $193 billion in March and April.
Despite the decrease, June’s volume increased by 1.89% month over month and was approximately 22% higher than the same period last year. Trading activity had been elevated in April due to tariff-related market volatility, which has since eased alongside typical seasonal declines.
Separately, Doo Group’s UK-based arm, Doo Clearing, partnered with Aurum Solutions to automate reconciliation processes. This integration is intended to enhance compliance with the Financial Conduct Authority’s Client Asset Sourcebook regulations.
The automation reportedly reduces reconciliation time by 92%, saving around two hours daily, and aims to improve operational efficiency and regulatory adherence.
This article was written by Tareq Sikder at www.financemagnates.com.Retail FXRead More
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