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Need some experience on board for the firm's expansion

Software Developer
Former Employee
Worked at Akuna Capital for 2 years
February 15, 2020
3.0
RecommendsNegative Outlook
Pros

Some good people, friendly. Decent pay. Know the US options markets.

Cons

Expansion into Asian markets (then apparently UK/EU markets) lacks anyone in management/operations who is experienced with this process. The firm has essentially been US-focused for 8 years.

Asia/UK/EU have different infrastructure, costs, cultures, and rules.

UK/EU is especially a regulatory minefield, but no one in management/operations has a clue about this.

A huge recruitment drive is going on, similar to Tibra a few years ago, which ended in disaster and a massive round of redundancies. It needs tailored expansion.

Advice to Management

Get someone into management or operations who has experience in expansion into Asia, the UK, or the EU (successfully). It's a different ballgame in those jurisdictions.

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