NinjaTrader Group, LLC, a leading provider of trading software and brokerage services to active traders, has announced the acquisition of TransAct Futures, a non-clearing Futures Commission Merchant (FCM) and its wholly owned subsidiary, Infinity Futures, an Independent Introducing Broker in a press release. According to the company, this acquisition will help to modernize the retail futures industry.
NinjaTrader supports over 100,000 active traders as a leading Fintech provider lowering the barrier to enter the futures markets. Founded in 2003, NinjaTrader has evolved into an industry leader supporting over 100,000 traders around the globe with best-in-class technology, discount commissions and world class support.
With the acquisition of clearing operations, NinjaTrader will continue to modernize the retail futures industry through a unique combination of cost-efficient access to institutional grade technology and innovative services.
“Futures clearing is ripe for modernization and simplifying the user experience serves as the next logical step in the growth of our organization,” said Martin Franchi, CEO of NinjaTrader. “As the preferred destination for retail futures traders, the opportunity to revolutionize clearing operations will help us deliver unmatched value for our customers through a premium experience not currently available in the marketplace.”
Featuring a fully regionalized trading platform and brokerage services supporting 7 languages, NinjaTrader continues to transform the futures industry as a Fintech leader. Through this acquisition, they are positioned to further capitalize on the growing global demand for access to the futures markets.
Raymond Deux, Founder of NinjaTrader said: “NinjaTrader was founded in 2003 to provide an innovative trading platform & empower futures traders. In 2014, we continued this innovation through the introduction of low-cost brokerage services to further revolutionize the industry. The acquisition of clearing operations is the next step in the continuation of that vision as we redefine the user experience to best support our traders.”
Don’t miss the latest news and discussion on our Telegram channel. Subscribe today!