Matt Billings Named VP and President of Robinhood Financial and Robinhood Securities

The US-based retail trading app Robinhood Markets Inc. (Robinhood) announced on Monday the appointment of Matt Billings as VP and President of Robinhood Financial LLC and Robinhood Securities, LLC, effective the same day (September 18, 2023).

Most recently, Matt was Senior VP, Trading Services at an institutional brokerage firm, Two Sigma Securities for about four years. Prior to that, he served TD Ameritrade, a stockbroker that offers an electronic trading platform, as Managing Director, Market Data Strategy.

Earlier, Matt spent almost eleven years at Scottrade, with remits of managing Trading Services.

In his new role, Matt will drive Robinhood's commitment to putting safety and efficiency at the forefront of the company's products and services, giving more customers the opportunity to grow through their investing journey.

"With more than 30 years in the industry, Matt brings a unique perspective on retail investing and the markets. He is well positioned to lead the teams as we continue to deliver on our product roadmap and grow with our customers," Steve Quirk, Chief Brokerage Officer of Robinhood Markets, Inc., commented.

"Robinhood has always been at the forefront of innovation for retail investing," said Matt Billings. "I'm excited to be joining the team to build on a platform that will continue to shape and impact the next generation of investors for years to come." 

Late last month, Fazzaco reported that Robinhood's multi-chain, self-custody, Web3 wallet Robinhood Wallet​ has launched custody, send, and receive support for Bitcoin and Dogecoin to all users, and allowed in-app swaps on the Ethereum network.