Traditional Brokers Losing Talent to Cryptocurrency Exchanges

For years, traditional brokerage talent considered safe havens in the financial industry. However, recent changes in policies, compliance, and cross-border business environments have forced some to reevaluate their career paths.

Ethan, a former Futu employee with five years of experience in overseas finance, found himself feeling overwhelmed by the changing market conditions. His role involved building regional business teams, local market development, KOL operations, and corporate partnerships. However, as the traditional broker's business boundaries began to change, cross-border business, client scope, and customer acquisition methods became more cautious.

Ethan was not alone in his decision to leave the traditional brokerage sector. His colleagues, Lily and Joyce, also made the switch to Bitget, a cryptocurrency exchange. Lily, who worked at Futu for over three years, was responsible for community operations and wealth management-related business. She found the crypto industry 'cutting-edge' with high user trading frequency, rapid market changes, and faster information flow.

Both Ethan and Lily brought their experience from traditional finance to Bitget, where they are now applying their skills in a faster-paced and more dynamic environment. They see opportunities for growth and reevaluation of their capabilities in the new market.