Robinhood Markets Inc. has appointed a new chief executive to run its UK entity, as the US stock-trading app pushes ahead with the latest attempt to launch its services overseas.
(Bloomberg) — Robinhood Markets Inc. has appointed a new chief executive to run its UK entity, as the US stock-trading app pushes ahead with the latest attempt to launch its services overseas.
A register maintained by the UK’s Financial Conduct Authority on Tuesday showed Jordan Dane Sinclair had been named and approved by the regulator to act as Robinhood UK Ltd.’s chief executive. The platform is planning to launch brokerage services to individual UK retail investors this year, according to accounts filed by its UK entity in May having previously attempted to debut in the country twice.
Read more: Robinhood Plans UK Hires in Bid to Target Local Investors
Sinclair was most recently a managing director for Europe at local retail stock-trading app Freetrade, according to Sky News, which first reported his appointment.
Sinclair and Robinhood did not immediately respond to a request for comment on the appointment.Â
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