Doo Holding Group, the parent company of Doo Prime, embarks on a new strategic move that scales its online trading business on a global scale. One of our latest expanding is in the acquisition of the United States (US) Securities Broker-Dealer, Peter Elish Investments Securities that has been approved and noticed by the Financial Industry Regulatory Authority (FINRA).
This deal has proven Doo’s strength and the breadth to brings rich broker-dealer experience in execution and clearing, as well as consolidate Doo’s service as a leading-edge financial service provider.
Peter Elish, 3 Decade Broker-Dealer
Founded in 1989, Peter Elish Investments Securities is headquartered in Texas, United States (US) and regulated by the Securities and Exchange Commission (SEC) under SEC#: 8-41551 and FINRA under CRD#: 24409.
Over the past 30 years, this broker-dealer firm has provided a wide range of investment banking services that include securities trading, insurance, private equity, investment consulting, tax planning, crude oil, and natural gas trading.
Peter Elish also provides trading in stocks, public and private equity funds, life insurance and options contracts, as well as bond notes trading, oil, and gas products issued by sales banks. Additionally, it also has SIPC insurance up to $500,000 to protect clients’ funds.
Evolving of Fintech
As fintech continues to evolve, many broker-dealer firms that operated on an obsolete traditional business model has rendered declining severely in the digital era. These also happened to Peter Elish and prior to this, they sought a new buyer to continue operation.
Doo Holding Group, a large fintech-motivated financial service group that quickly spotted it move to merger and acquisition (M&A) of Peter Elish in cash terms.
The initiative will significantly boost investor confidence and enhance Doo Holding Group’s social credibility.
Doo Holding Group’s Powerful Fintech Helps Peter Elish
Doo Holding Group continuous the development of trading technology and helps customers maintain a leading position in the constantly changing financial market.
With its cutting-edge technology for the financial industry, Doo Holding Group will enhance Peter Elish. Also, it will fully digitalize the firm’s internal operations and external activities to deliver value to customers worldwide and to make the online trading experience easy and accessible.
Adhering to A Strict Regulatory
Brokerage regulation in the United States is extremely strict. The US SEC aims to protect investors by requiring companies to file monthly reports on the proper segregation of investors’ funds.
Moreover, the United States is definitely a pivotal presence in the global financial markets. Not only is it one of the world’s major financial centers, but it also has the largest stock market, the New York Stock Exchange.
With the acquisition of Peter Elish, Doo Holding Group has acquired both the SEC and FINRA regulatory licenses.
Currently, Doo Holding Group holds multiple regulations that are regulated by the UK Financial Conduct Authority (FCA), US SEC and FINRA, TCSP license by the Companies Registry of the Hong Kong Special Administrative Region, Mauritius Financial Services Commission (MFSC), and Vanuatu Financial Services Commission (VFSC).
Doo Holding Group will continue to take the global financial service system to a new level by leveraging the group’s strong resources, rich industry experience, and demonstrating the strength of its technical team. This will provide more quality services and products to the market and customers.
About Doo Holding Group
Doo Holding Group was established in Hong Kong in 2014. After years of development, Doo Holding Group has become a large fintech-motivated financial service group, comprised of affiliates including Doo Clearing, Doo Financial, Doo Prime and Doo Tech.
Doo Holding Group is committed to serving individual and institutional customers around the world with creative trading brokerage services for equities, futures, CFDs (contract for differences), and other financial products.
Currently, Doo Holding Group operates financial trading licenses in the United Kingdom, the United States, Mauritius, and Vanuatu, with operating centers in London, Dallas, Hong Kong, Singapore, Kuala Lumpur, and other places.
About Doo Prime
Doo Prime is an online trading platform and a multi-asset brokerage company that focuses on providing financial trading services. Doo Prime has offices in Dallas, Hong Kong, Singapore, Kuala Lumpur, Ho Chi Minh, Mauritius, Seychelles and Vanuatu. It is one of the wholly-owned subsidiaries of the reputable Doo Holding Group Limited.
As the industry leader in online brokerage, Doo Prime provides over 300 trading products including forex, precious metal, energies, spot index, securities and futures in 6 different Trading Terminals. Doo Prime’s Copy-Trading services, MAM/PAMM system, White label partnership, and IB Program provide a comprehensive experience to more than 35,780 satisfied clients around the world.
Apart from that, Doo Prime is dedicated to providing 24/7/365 multi-language support service, secured trading conditions, competitive trading cost, ms-level trading execution, diversified trading products, as well as a secure and reliable capital guarantee under international supervision.
For further information, please contact us via:
Europe: +44 1137335199
Asia: +852 3704 4241
Asia – China: +86 4008427539
Email: [email protected]