Provider of trading software and brokerage services to active traders NinjaTrader Group, LLC today announced the acquisition of 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 fintech provider seeking to lower 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.
Martin Franchi, CEO of NinjaTrader, commented:
“Futures clearing is ripe for modernization and simplifying the user experience serves as the next logical step in the growth of our organization. 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. 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, commented:
“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.”