NinjaTrader wins Best Brokerage for Trading Futures award from Benzinga
“We are wholly dedicated to providing the most positive experience possible to our fast-growing community of engaged futures traders, from comprehensive support and educational tools, to accessible products, to powerful, easy-to-use technology.”
NinjaTrader Group was named Best Brokerage for Trading Futures for the third consecutive year at the Benzinga Global Fintech Awards, based on scoring and commentary from a panel of independent judges representing a broad cross-section of the capital markets, investment and fintech industries.
The shortlist of finalists includes “the most innovative, game-changing industry leaders, making capital markets easier to consume for all people.”
The firm was also awarded the Most Transformative M&A following its acquisitions over the past two years of TransAct Futures, a futures commission merchant (FCM), and Tradovate Holdings, LLC, an online futures brokerage and technology firm for retail traders.
Best Futures Brokerage for the third year running
Martin Franchi, CEO of NinjaTrader Group, said: “We’re delighted to win the coveted Best Futures Brokerage honor from Benzinga for the third year running, along with the recognition of our significant strategic expansion efforts. We are wholly dedicated to providing the most positive experience possible to our fast-growing community of engaged futures traders, from comprehensive support and educational tools, to accessible products, to powerful, easy-to-use technology.”
Benzinga is a full-service news and media company providing real-time news, actionable trading ideas and insightful commentary.
Jason Raznick, founder and CEO at Benzinga, said: “We are proud to recognize NinjaTrader at the Benzinga Global Fintech Awards as NinjaTrader the firm has demonstrated a best-in-class trading platform and futures brokerage operation, made stronger by its acquisitions of TransAct Futures and Tradovate Holdings. Our judges named NinjaTrader as the Best Brokerage for Trading Futures, and we are excited to see growth in the years to come!”
NinjaTrader Group has reported trading volumes exceeding 105 million futures contracts year-to-date (YTD) processed through both NinjaTrader and Tradovate.
NinjaTrader launched CME Group’s new event contracts on mobile
In Q3 2022, NinjaTrader introduced a mobile trading experience, custom-built for the new event contracts launched by CME Group for the retail audience.
CME’s Event Contracts has officially debuted, providing investors with a straightforward way to access a handful of the world’s top futures markets. Offering smaller-sized, daily expiring products will allow investors to predict the daily closing price of up to 10 of the world’s most popular financial and commodities markets.
In a statement, the US-based software provider highlighted the apparent benefits of these new daily options on futures contracts. Among other things, it offers short-term trading opportunities for individuals seeking to take a position on daily price moves using smaller-value trades.
Specifically, each contract requires a commitment ranging from as little as $0.25 to a maximum of $20, with a successful trade resulting in a $20 payout. Similar to options trading, participants have pre-defined risk as they can’t lose more than they invested, and results are available immediately at the market close.
