NinjaTrader
Group announced today (Wednesday) the appointment of four experienced
executives to its team. The strategic expansion comes as the provider of
popular trading software aims to enhance its NinjaTrader platform and cater to
the growing interest of retail traders in the futures market.
As the
company’s CEO admitted in a conversation with Finance Magnates,
“For the past 2-3 years, we have experienced tremendous growth in the
space, and we believe the next phase of growth will be exponential.”
The
appointments include Ryan Pitylak as Executive Vice President of Growth, Aditya
Nishandar as Chief Technology Officer, John O’Neil as General Manager of
Evaluation Services, and Michael Krafft as Vice President of Product.
Pitylak,
who brings over 15 years of experience in marketing , strategy, and operations,
will focus on developing offerings centered around trader education, social
experiences, and partner networks. In the past he worked for ZenBusiness,
helping the company to secure $275 million in funding.
Nishandar,
with a background in technology leadership and innovation, will drive the
company’s technological advancements. In the past he worked as a Senior Director
of Carta Liquidity and before was connected with Goldman Sachs for over a
decade.
Martin Franchi, the CEO of NinjaTrader
“Our recent
executive hires reflect NinjaTrader’s dedication to investing in top talent to
advance our leading position within the retail futures trading space,” said
Martin Franchi, the CEO
at NinjaTrader.
O’Neil will
concentrate on creating industry-leading experiences for retail proprietary
traders. The new General Manager of Evaluation Services was previously connected,
among others, with FXCM.
The Vice President
of Product, Krafft, will leverage his expertise to deliver innovative,
client-facing applications and solutions. In previous years he worked together
with TrueML, Alight Solutions, and American Express.
“All of the
new leaders we have welcomed to the team recently have extensive experience
delivering industry-leading technology and services across a diverse set of
industries,” Franchi added.
Some time
ago, the company also hired Hazim Macky, the former Vice President of
Engineering at the US-based cryptocurrency cash exchange Coinme, as its Chief
Technology Officer.
Retail Traders Want to
Enter Futures
As Franchi
emphasizes, NinjaTrader is one of the more popular platforms among retail
investors interested in futures contracts. It currently supports 1.7 million
users, having grown dynamically over the past 2-3 years.
“We believe
the next phase of growth will be exponential,” the CEO commented for Finance
Magnates. “Institutional support for the retail futures trading community
has never been stronger, and our efforts partnering with exchanges on
innovative new products and developing world-class education designed for newer
traders is helping fuel the growth.”
— NinjaTrader (@NinjaTrader) May 16, 2024
The
NinjaTrader CEO also addressed the growing interest among investors in the
futures market and their desire to engage with the company’s platform and
content. He acknowledged that while traditionally, traders had to open a funded
account and trade with real money, today’s traders are also seeking ways to
learn about and participate in futures trading as they expand their knowledge.
For example.,
NinjaTrader offers Simulated Trading solution, where traders can practive, refine
their strategies, and familiarize themselves with the futures market without
risking real capital.
“We believe
we will see tremendous growth in this asset class,” Franchi concluded.
At the end
of October, NinjaTrader unveiled a new version of its platform, having added
multi-device trading integration a few months earlier. This coincided with a
brand refresh and the launch of a new website and logo.
NinjaTrader
Group announced today (Wednesday) the appointment of four experienced
executives to its team. The strategic expansion comes as the provider of
popular trading software aims to enhance its NinjaTrader platform and cater to
the growing interest of retail traders in the futures market.
As the
company’s CEO admitted in a conversation with Finance Magnates,
“For the past 2-3 years, we have experienced tremendous growth in the
space, and we believe the next phase of growth will be exponential.”
The
appointments include Ryan Pitylak as Executive Vice President of Growth, Aditya
Nishandar as Chief Technology Officer, John O’Neil as General Manager of
Evaluation Services, and Michael Krafft as Vice President of Product.
Pitylak,
who brings over 15 years of experience in marketing , strategy, and operations,
will focus on developing offerings centered around trader education, social
experiences, and partner networks. In the past he worked for ZenBusiness,
helping the company to secure $275 million in funding.
Nishandar,
with a background in technology leadership and innovation, will drive the
company’s technological advancements. In the past he worked as a Senior Director
of Carta Liquidity and before was connected with Goldman Sachs for over a
decade.
Martin Franchi, the CEO of NinjaTrader
“Our recent
executive hires reflect NinjaTrader’s dedication to investing in top talent to
advance our leading position within the retail futures trading space,” said
Martin Franchi, the CEO
at NinjaTrader.
O’Neil will
concentrate on creating industry-leading experiences for retail proprietary
traders. The new General Manager of Evaluation Services was previously connected,
among others, with FXCM.
The Vice President
of Product, Krafft, will leverage his expertise to deliver innovative,
client-facing applications and solutions. In previous years he worked together
with TrueML, Alight Solutions, and American Express.
“All of the
new leaders we have welcomed to the team recently have extensive experience
delivering industry-leading technology and services across a diverse set of
industries,” Franchi added.
Some time
ago, the company also hired Hazim Macky, the former Vice President of
Engineering at the US-based cryptocurrency cash exchange Coinme, as its Chief
Technology Officer.
Retail Traders Want to
Enter Futures
As Franchi
emphasizes, NinjaTrader is one of the more popular platforms among retail
investors interested in futures contracts. It currently supports 1.7 million
users, having grown dynamically over the past 2-3 years.
“We believe
the next phase of growth will be exponential,” the CEO commented for Finance
Magnates. “Institutional support for the retail futures trading community
has never been stronger, and our efforts partnering with exchanges on
innovative new products and developing world-class education designed for newer
traders is helping fuel the growth.”
— NinjaTrader (@NinjaTrader) May 16, 2024
The
NinjaTrader CEO also addressed the growing interest among investors in the
futures market and their desire to engage with the company’s platform and
content. He acknowledged that while traditionally, traders had to open a funded
account and trade with real money, today’s traders are also seeking ways to
learn about and participate in futures trading as they expand their knowledge.
For example.,
NinjaTrader offers Simulated Trading solution, where traders can practive, refine
their strategies, and familiarize themselves with the futures market without
risking real capital.
“We believe
we will see tremendous growth in this asset class,” Franchi concluded.
At the end
of October, NinjaTrader unveiled a new version of its platform, having added
multi-device trading integration a few months earlier. This coincided with a
brand refresh and the launch of a new website and logo.