CHICAGO--(BUSINESS WIRE)--NinjaTrader Group, LLC, a leading provider of trading software and brokerage services to active traders, has acquired TransAct Futures, a non-clearing Futures Commission Merchant (FCM) and its wholly owned subsidiary, Infinity Futures, an Independent Introducing Broker.
NinjaTrader supports over 100,000 active traders as a leading Fintech provider lowering the barrier to enter the futures markets. 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.
“NinjaTrader was founded in 2003 to provide an innovative trading platform & empower futures traders,” said Raymond Deux, Founder of NinjaTrader. “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.”
About NinjaTrader
NinjaTrader provides award-winning trading software and futures brokerage services to active traders. 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.
To learn more about NinjaTrader, please visit www.ninjatrader.com.
FULL RISK DISCLOSURE: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
