Freetrade, Britain's answer to Robinhood, says its CEO is stepping down

LONDON — The CEO of a U.K.-based stock trading service has stepped down, leaving the company immediately. The co-founder will be replaced by the current chief marketing officer. The departing CEO will continue to support the company’s growth from outside. The company plans to expand its offerings, including bonds, mutual funds, a web platform, and grow its U.K. user base. The company has experienced a turbulent journey but recently reported its first profitable quarter. Despite this, it still recorded an annual loss in the previous year.