Prop Firm The Trading Pit Expands into The UK and US with NinjaTrader Integration

The
proprietary trading firm The Trading Pit (TTP) announced today (Thursday) its
strategic expansion plans, starting with the addition of NinjaTrader platform
to its futures challenges offering. This platform enjoys significant popularity
in the US, UK, and Canada – the key regions where the prop firm is focusing its
expansion efforts.

Prime Futures Challenges
Now Features NinjaTrader

Unlike most
prop firms, The Trading Pit offers futures trading programs alongside CFD
challenges. Through their “Prime Futures Challenges,” traders can
access three evaluation types and funded accounts up to $150,000. Previously,
traders could execute positions through TradingView and Tradovate platforms.
Now, The Trading Pit has enhanced its offering by integrating NinjaTrader, a
specialized futures trading platform.

“In
addition to NinjaTrader, traders will enjoy seamless access to the Tradovate
Trading platform, all with the same user account,”
commented Daniela Egli, the CEO of The
Trading Pit.

The
announcement was teased yesterday (Wednesday) on X (formerly Twitter), with Finance
Magnates
later confirming the news through the firm’s official Discord
channel.

Strategic Move for Market
Expansion

The
NinjaTrader integration aligns with The Trading Pit’s broader expansion
strategy. According to Egli, the firm is preparing to strengthen its presence
in North America, particularly in the US and Canada, as well as the UK –
markets where NinjaTrader has established a strong user base.

This
development coincides with NinjaTrader’s recent appointment of a former CME
futures trader as SVP of their Live platform. Anthony Crudele will lead the
company’s flagship livestream program, providing real-time trading insights for
traders across all experience levels.

With 1.8
million users worldwide, NinjaTrader is gaining increased recognition in retail
trading. While MetaTrader 4 and 5 from MetaQuotes remain dominant in retail
trading, NinjaTrader’s popularity is growing significantly, particularly within
the prop trading sector.

Departures from The
Trading Pit

Despite The
Trading Pit’s recent expansion efforts, the firm has experienced several
high-profile departures in recent months, as reported by Finance Magnates.
Multiple C-level executives have exited, raising interest within the financial
industry.

One
prominent departure was Themis Christou, the former Chief Marketing Officer at
The Trading Pit
and Tickmill, who has since co-founded a new marketing brand.
His startup, Uveler Marketing, focuses on corporate clients, offering
specialized services like SEO, AI-driven solutions, web development, and
branding.

In August,
Periklis Hanna announced his resignation as Head of Marketing at The Trading
Pit.

May also
saw the announcement of other notable leadership changes within the company.
Key figures Christoph Radecker and Thomas Heyden were among those departing.
Radecker, one of The Trading Pit’s co-founders, left to pursue new ventures
outside the company. Likewise, Heyden, who had served as CEO of The Trading
Pit’s Liechtenstein office since September 2022, exited to explore new
professional opportunities.

The
proprietary trading firm The Trading Pit (TTP) announced today (Thursday) its
strategic expansion plans, starting with the addition of NinjaTrader platform
to its futures challenges offering. This platform enjoys significant popularity
in the US, UK, and Canada – the key regions where the prop firm is focusing its
expansion efforts.

Prime Futures Challenges
Now Features NinjaTrader

Unlike most
prop firms, The Trading Pit offers futures trading programs alongside CFD
challenges. Through their “Prime Futures Challenges,” traders can
access three evaluation types and funded accounts up to $150,000. Previously,
traders could execute positions through TradingView and Tradovate platforms.
Now, The Trading Pit has enhanced its offering by integrating NinjaTrader, a
specialized futures trading platform.

“In
addition to NinjaTrader, traders will enjoy seamless access to the Tradovate
Trading platform, all with the same user account,”
commented Daniela Egli, the CEO of The
Trading Pit.

The
announcement was teased yesterday (Wednesday) on X (formerly Twitter), with Finance
Magnates
later confirming the news through the firm’s official Discord
channel.

Strategic Move for Market
Expansion

The
NinjaTrader integration aligns with The Trading Pit’s broader expansion
strategy. According to Egli, the firm is preparing to strengthen its presence
in North America, particularly in the US and Canada, as well as the UK –
markets where NinjaTrader has established a strong user base.

This
development coincides with NinjaTrader’s recent appointment of a former CME
futures trader as SVP of their Live platform. Anthony Crudele will lead the
company’s flagship livestream program, providing real-time trading insights for
traders across all experience levels.

With 1.8
million users worldwide, NinjaTrader is gaining increased recognition in retail
trading. While MetaTrader 4 and 5 from MetaQuotes remain dominant in retail
trading, NinjaTrader’s popularity is growing significantly, particularly within
the prop trading sector.

Departures from The
Trading Pit

Despite The
Trading Pit’s recent expansion efforts, the firm has experienced several
high-profile departures in recent months, as reported by Finance Magnates.
Multiple C-level executives have exited, raising interest within the financial
industry.

One
prominent departure was Themis Christou, the former Chief Marketing Officer at
The Trading Pit
and Tickmill, who has since co-founded a new marketing brand.
His startup, Uveler Marketing, focuses on corporate clients, offering
specialized services like SEO, AI-driven solutions, web development, and
branding.

In August,
Periklis Hanna announced his resignation as Head of Marketing at The Trading
Pit.

May also
saw the announcement of other notable leadership changes within the company.
Key figures Christoph Radecker and Thomas Heyden were among those departing.
Radecker, one of The Trading Pit’s co-founders, left to pursue new ventures
outside the company. Likewise, Heyden, who had served as CEO of The Trading
Pit’s Liechtenstein office since September 2022, exited to explore new
professional opportunities.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Starling Bank Launches Call Indicators amid Concerns of Impersonation

    The United Kingdom’s Starling Bank has introduced a new feature in its app designed to help protect customers from bank impersonation scams. This feature, known as the ‘call status indicators,’…

    DriveWealth Plants European Flag in Lithuania’s Fintech Hub

    The US based Brokerage-as-a-Service technology company DriveWealth has secured a brokerage license from the Bank of Lithuania, expanding its global operations into the European Economic Area. DriveWealth Secures European Brokerage…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Beyond the hedge: How C3 funds is turning gold into a cash cow

    • October 31, 2024
    Beyond the hedge: How C3 funds is turning gold into a cash cow

    Oil prices rise on benign US inflation, inventory draw,

    • October 31, 2024
    Oil prices rise on benign US inflation, inventory draw,

    US LNG exports to rise at smallest pace since 2016

    • October 31, 2024
    US LNG exports to rise at smallest pace since 2016

    Starling Bank Launches Call Indicators amid Concerns of Impersonation

    • October 31, 2024
    Starling Bank Launches Call Indicators amid Concerns of Impersonation

    Yen firms after less dovish BOJ, dollar dips ahead of inflation data

    • October 31, 2024
    Yen firms after less dovish BOJ, dollar dips ahead of inflation data

    Confirmation Bias: The Silent Assassin Killing Your Trading Potential 🚨💀

    • October 31, 2024
    Confirmation Bias: The Silent Assassin Killing Your Trading Potential 🚨💀