NinjaTrader Acquires TransAct Futures and Its Subsidiary Infinity Futures
NinjaTrader, an award-winning trading software and brokerage services provider, announced that it has has acquired the US registered Futures Commission Merchant (FCM), TransAct Futures and its wholly owned subsidiary, Infinity Futures.
NinjaTrader was founded in 2003 and has supported over 100,000 active traders with its best-in-class technology, discount commissions and world class support.
Combining cost-efficient access to institutional grade technology and innovative services, the acquisition will allow NinjaTrader to continue to modernize the retail futures industry and further capitalize on the growing global demand for access to the futures markets.
“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.”
“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.”
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