January 27, 2022

We are excited to announce our portfolio company NinjaTrader’s acquisition of Tradovate, accelerating its path to creating a next generation trading experience for the retail futures customer.

 

Founded in 2003, NinjaTrader is the industry’s leading retail futures broker supporting over 500,000 traders with best-in-class trading software, award-winning brokerage services, multilingual support, and robust educational programs and resources. Tradovate, launched in 2016 and founded by industry veteran Rick Tomsic, pioneered a cloud-based trading infrastructure and innovative pricing model for futures which helped accelerate the transformation of the brokerage landscape.The acquisition creates one of the most formidable retail futures brokers with combined trading volume in 2021 of approximately 100 million futures contracts.The full press release can be read here.