A stable, competitive and proven ultra-low-latency aggregation are key outcomes that have helped shaped Doo Clearing Limited as a reputed and trusted liquidity provider.
In the times of heightened market uncertainty and volatility, liquidity in the financial markets is vital and usually function as ‘market makers’ who hold a substantial amount of a financial asset.
Liquidity providers (LPs) aim to bring price stability to the markets by ensuring proper distribution of these assets to brokerages and other institutional investors.
As foreign exchange (forex) is one of the largest and most liquid markets in the world, forex market offers countless profitable trading opportunities for traders globally.
For successful trading, it is essential to have the support of a licensed and regulated liquidity provider. At Doo Clearing Limited we have encountered and assisted up-and-coming brokers that require the A-to-Z of resources and explanations, mid-range, price-conscious brokerages that seek the best deals, and large, multi-national brokerages that require RPFs, through their journey to select a liquidity partner.
Why Licensed and Regulated LPs is Important?
Doo Clearing Limited is a UK-based Rolling Spot Forex and CFDs liquidity provider, which provides a reliable and advanced system that allows clients to access global liquidity under a single connection. It contains many functions such as liquidity access, quotation aggregation, liquidity distribution, clearing account, risk management, reporting, and system health-level checking.
Doo Clearing Limited’s regulation means it is a true STP/ECN broker, where the interests of the client are aligned with the interest of the broker, and as such Doo Clearing Limited does not take the other side of a clients’ trade.
Another major factor is having sufficient liquidity to effectively execute your trade.
That’s why it is important to know that the LP, who will be acting as the counterparty to your trading activity, adheres to some form of regulatory capital requirements, operational policies and procedures, conducts an AML/KYC regimen and has a Disaster Recovery procedure in place.
How to Know Regulated LPs?
– Starts by checking that it is truly licensed, regulated and authorized where you live.
– Enquire about the regulator that has authorised the liquidity provider to execute forex activities.
– Be sure to cross-reference their claims with that regulator’s registry to verify the license type and the permissions they have been granted.
Without oversight from a competent regulatory body, the is essentially able to run their operation as they see fit, potentially contrary to what regulatory standards dictate.
For example, Doo Clearing Limited received regulatory approval from the FCA (Financial Conduct Authority) with FRN (Firm Regulation Number): 833414.
It’s authorised and regulated by the FCA to arrange and deal in Rolling Spot FX and Contracts for Difference (CFDs) with Eligible counterparties and professional clients.
The FCA authorization will allow these clients of Doo Clearing Limited to gain exposure to Spot Forex markets and the CFD markets. With a strong compliance company culture, Doo Clearing Limited respects every client and ensure disciplined services.
To get started, contact Doo Clearing’s Specialist team today for an insightful preview of how we can bring your brokerage to the next level.
London Office
Tel: +44 2071128722
Email: [email protected]
Website: www.dooclearing.co.uk
Hong Kong Office
Tel: +852 95612013
Email: [email protected]
Website: www.dooclearing.com