Doo Group’s Head of Institutional Clients, Fraser Nelson, is
leaving the company, according to an announcement he made on LinkedIn today
(Thursday). Nelson joined the company as the Head of Business Development
before being promoted to the role of Head of Institutional Clients, a role he
held for a year.
Two Years at Doo Group
“After 2 years of Excitement, Hard Work, Travel, and
Growth, my time at Doo has come to an end. As I prepare to take the next steps
in my career, I wanted to say thanks to the management team for the confidence
in making me the number 3 hire outside of Asia, backing me to open offices and
spearhead growth, believing in me to be the face of our Recruitment and
Branding videos and empowering me to be the companies face and voice at Expos
and Seminars,” Nelson wrote.
“There’s been many milestones in my 2 years with Doo
but my particular highlights have been: Seeing volume grow from 23 billion to
over 100 billion a month, expanding our Offices and presence to over 30
locations globally, positioning as one of the fastest growing brokers in LATAM
and Africa, and building up the Liquidity pool access and Institutional
product.”
Serving in Other Notable Brands
Nelson’s career spans several notable industry brands, among
them Centroid Solutions, PrimeXM, and HotForex. He served as Centroid’s Global
Business Development Manager, PrimeXM’s Relations and Business Development
Manager, and HotForex’s Regional Head of Business Development.
In June, Doo Group released its financial results,
highlighting total trading volume worth USD 106.53 billion. This represented a
drop from the previous month, with the average daily volume declining.
The most traded products in the group in May were
XAU/USD, EUR/USD, and GBP/USD. XAU/USD recorded the most trading volume,
reaching USD 80.99 billion. EUR/USD had the most significant increase,
increasing by 11.26% from April.
Elsewhere, Doo Capital Market, a subsidiary of Doo
Financial, obtained the license from the Monetary Authority of Singapore (MAS)
early this year, boosting its operations in the region.
Doo Financial has been broadening its services in the
Singaporean market. The approval authorizes DCM to engage in activities,
including capital markets products, product financing, and offering custodial
services.
This article was written by Jared Kirui at www.financemagnates.com.
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