NinjaTrader,
a fintech platform specializing in retail futures trading, unveiled NinjaTrader
Pulse, a new sentiment indicator that provides real-time market positioning
data across major futures contracts.
NinjaTrader Launches
Real-Time Sentiment Tool for Retail Futures Traders
The
gauge-style tool analyzes millions of data points from the platform’s retail
trading community to deliver comprehensive market sentiment for popular futures
contracts, including E-mini S&P 500, Nasdaq 100, and crude oil futures,
along with their micro counterparts.
“With
one of the world’s largest retail futures trading communities, creating new
data products to support our trader’s decision-making is a natural
progression,” said Martin Franchi, NinjaTrader CEO.
“NinjaTrader
Pulse provides professional futures traders with extensive, apprehensible
information to better inform their trading strategies and offers those who are
futures-curious an opportunity to access real-time market sentiment.”
The launch
comes amid surging retail interest in futures trading, particularly among
younger investors. NinjaTrader reports its average user age among the base of
1.7 million customers has dropped from 48 to 38 years old over the past five
years, reflecting growing millennial participation in futures markets.
“Our new
tool is designed to take complex information and make it easily digestible, so
that traders of all experience levels can benefit from NinjaTrader Pulse’s
advanced insights,” said Brian Weis, Chief Product Officer, NinjaTrader. “With
just a glance, traders can better navigate the complexities of the futures
market with greater confidence.”
The
sentiment indicator is available free of charge to all platform users,
including demo accounts, and utilizes anonymized trading data from opted-in
NinjaTrader clients.
TradingView,
another popular charting platform for retail traders, also recently added a
sentiment tracking tool for its crypto coins screener service.
NinjaTrader Expands
C-Suite
In recent
months, the futures trading platform hired a number of market professionals,
including ex-CME’s Anthony Crudele as Senior Vice President of NinjaTrader
Live. Crudele, a seasoned futures trading expert, will focus on expanding the
company’s educational offerings to better serve its growing user base.
In a
related development, NinjaTrader named Tobin McDaniel as its new President.
McDaniel brings 15 years of experience in retail trading and investing, having
most recently led SoFi Invest. Before that, he held senior roles at Charles
Schwab, where he spearheaded initiatives for self-directed investors.
These
appointments follow the addition of four executives earlier this year,
including Ryan Pitylak as Executive Vice President of Growth and Aditya
Nishandar as Chief Technology Officer. The new leadership team reflects
NinjaTrader’s focus on technological advancement, trader education, and
strategic partnerships.
However,
the company faces challenges on the regulatory front. In November, the National
Futures Association (NFA) filed a complaint against NinjaTrader Clearing and
its president, Michael Cavanaugh. The complaint alleges deficiencies in
anti-money laundering (AML) controls and suspicious activity monitoring.
NinjaTrader,
a fintech platform specializing in retail futures trading, unveiled NinjaTrader
Pulse, a new sentiment indicator that provides real-time market positioning
data across major futures contracts.
NinjaTrader Launches
Real-Time Sentiment Tool for Retail Futures Traders
The
gauge-style tool analyzes millions of data points from the platform’s retail
trading community to deliver comprehensive market sentiment for popular futures
contracts, including E-mini S&P 500, Nasdaq 100, and crude oil futures,
along with their micro counterparts.
“With
one of the world’s largest retail futures trading communities, creating new
data products to support our trader’s decision-making is a natural
progression,” said Martin Franchi, NinjaTrader CEO.
“NinjaTrader
Pulse provides professional futures traders with extensive, apprehensible
information to better inform their trading strategies and offers those who are
futures-curious an opportunity to access real-time market sentiment.”
The launch
comes amid surging retail interest in futures trading, particularly among
younger investors. NinjaTrader reports its average user age among the base of
1.7 million customers has dropped from 48 to 38 years old over the past five
years, reflecting growing millennial participation in futures markets.
“Our new
tool is designed to take complex information and make it easily digestible, so
that traders of all experience levels can benefit from NinjaTrader Pulse’s
advanced insights,” said Brian Weis, Chief Product Officer, NinjaTrader. “With
just a glance, traders can better navigate the complexities of the futures
market with greater confidence.”
The
sentiment indicator is available free of charge to all platform users,
including demo accounts, and utilizes anonymized trading data from opted-in
NinjaTrader clients.
TradingView,
another popular charting platform for retail traders, also recently added a
sentiment tracking tool for its crypto coins screener service.
NinjaTrader Expands
C-Suite
In recent
months, the futures trading platform hired a number of market professionals,
including ex-CME’s Anthony Crudele as Senior Vice President of NinjaTrader
Live. Crudele, a seasoned futures trading expert, will focus on expanding the
company’s educational offerings to better serve its growing user base.
In a
related development, NinjaTrader named Tobin McDaniel as its new President.
McDaniel brings 15 years of experience in retail trading and investing, having
most recently led SoFi Invest. Before that, he held senior roles at Charles
Schwab, where he spearheaded initiatives for self-directed investors.
These
appointments follow the addition of four executives earlier this year,
including Ryan Pitylak as Executive Vice President of Growth and Aditya
Nishandar as Chief Technology Officer. The new leadership team reflects
NinjaTrader’s focus on technological advancement, trader education, and
strategic partnerships.
However,
the company faces challenges on the regulatory front. In November, the National
Futures Association (NFA) filed a complaint against NinjaTrader Clearing and
its president, Michael Cavanaugh. The complaint alleges deficiencies in
anti-money laundering (AML) controls and suspicious activity monitoring.
This post is originally published on FINANCEMAGNATES.