Vlad Tenev

But there's also...

country-specific taxes, there's country-specific incentives where, for example, if you're in Germany, the plumbing behind how you get like pensions and taxes is slightly different.

So each country kind of has freedom to incentivize its own behavior.

In the UK, obviously, post-Brexit, they've diverged quite a bit and they have their own standards and rules.

But yeah, if I had to kind of condense

the differences into a couple of buckets.

Number one,

onboarding is a little bit different.

So each country has their own rules for how you accept customers, what questions you have to ask them, how you collect their tax status.

Funding is different.

So how you move money into and out of the account, that's sort of unique on a per country basis with some places like Europe being pretty standardized.

Some have local markets that they care about.

UK has London Stock Exchange where you can get some unique local stocks.

Burberry, for instance.

And then retirement and tax advantage wrappers tend to differ.

But it's doable.

Yeah.

And is that the plan?

Long term, if you look at our business in terms of three arcs, right?

The first arc, which is the short term one, which we're kind of in the heyday of, is to be the number one platform for active traders.