NinjaTrader completed the acquisition of Tradovate for $115m.

NinjaTrader, a provider of trading software and brokerage services, completed the acquisition of Tradovate, an online futures brokerage firm and trading technology provider, for $115m. “NinjaTrader’s and Tradovate’s shared vision to transform retail futures is at the heart of this transaction and will accelerate our goal to make futures more accessible, mainstream and modern. The combination of the largest and fastest-growing market leaders and our commitment to continued investment in the businesses will unlock innovation and scale, which will ensure we rise to meet the growing demand of the trading community for innovative products and services. Together we look forward to continued advocacy and support of the rapidly expanding retail futures community,” Martin Franchi, NinjaTrader CEO.