PT. Doo Financial Futures, a subsidiary of Doo Group, has secured crucial regulatory approval from Indonesia's Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI), making it the first CFD broker in the region to be granted such a license. This milestone comes after a similar permit from CySEC in November, enabling the company to expand its services across multiple regions, including Southeast Asia.
The new licenses allow Doo Financial to offer trading solutions in securities, futures, contracts for difference (CFDs), and over-the-counter (OTC) products to Indonesian investors. This expansion is a significant step in the company’s strategy to diversify its presence in Southeast Asia, particularly in Indonesia, one of the region's largest economies. By aligning with Indonesia’s growing financial services sector, Doo Financial aims to bring greater opportunities to investors, backed by a commitment to compliance and professionalism.
CFI Financial has entered a landmark partnership as the official online trading partner of the MI Cape Town cricket team, a major move that will bolster the company’s visibility in the global sports arena. As part of the deal, CFI’s logo will appear on the team’s jerseys, and the company will benefit from prominent stadium branding during matches.
This partnership provides CFI with direct access to cricket’s massive fanbase, which boasts over 2.5 billion fans worldwide. It aligns with the company’s strategic goal to increase brand exposure through high-profile sponsorships. CFI’s continued expansion into sports sponsorships is part of a broader strategy to enhance brand awareness, building on its existing partnerships with AC Milan and Formula 1 driver Lewis Hamilton.
Ultima Markets has made a groundbreaking move by becoming the first CFD broker to join the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. This decision underscores the company’s commitment to sustainable business practices and corporate social responsibility (CSR) in the financial services sector.
As a participant, Ultima Markets will align its operations with the UN’s Sustainable Development Goals (SDGs), focusing on environmental responsibility, social equity, and sustainable financial practices. This positions the company as a pioneer in integrating ethical practices into CFD trading. The move highlights Ultima Markets’ growing influence and ethical approach in the financial services industry.
Deriv, a leading online FX and CFD broker, has announced the opening of its second office in Cyprus, located in the heart of Nicosia. This new facility is designed to enhance the company’s European operations and serve as a hub for its growing technology development initiatives.
The Nicosia office will focus on advanced trading technologies, including artificial intelligence (AI) and data analytics, which are essential for creating cutting-edge solutions for traders. Deriv plans to attract top-tier talent in technology, offering positions for trading analysts, DevOps engineers, and AI specialists. This office is part of Deriv’s broader strategy to expand its footprint in Europe and enhance its technological capabilities, signaling the company’s commitment to innovation and its ongoing efforts to stay ahead of the curve in the fintech space.
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