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Kraken in Talks to Acquire NinjaTrader


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  #1 (permalink)
 
michaelf's Avatar
 michaelf 
Mérida, Mexico
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That's big news and I'm not liking it so much.

https://finance.yahoo.com/news/kraken-acquire-ninjatrader-1-5-110634196.html

https://www.businesswire.com/news/home/20250320152798/en/Kraken-to-Acquire-NinjaTrader-Introducing-the-Next-Era-of-Professional-Trading

https://blog.kraken.com/news/kraken-to-acquire-ninjatrader


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  #2 (permalink)
 kevinkdog   is a Vendor
 
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From NinjaTrader:


https://ninjatrader.com/news/kraken-to-acquire-ninjatrader-introducing-the-next-era-of-professional-trading


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  #3 (permalink)
 
michaelf's Avatar
 michaelf 
Mérida, Mexico
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Email from NinjaTrader is out

Screenshot 2025-03-20 063504


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michaelf's Avatar
 michaelf 
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Anthony Crudele said that they will speak at 11 am in the NinjaTrader Live Youtube channel about Kraken.


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 DavidHP 
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I'm on vacation and semi-retired.
Can you expand on your concerns.

Thanks


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  #6 (permalink)
 
michaelf's Avatar
 michaelf 
Mérida, Mexico
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DavidHP View Post
I'm on vacation and semi-retired.
Can you expand on your concerns.

Thanks

I simply don't like big changes where my money is involved, that's it.


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 ThemBones 
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I expect commissions to go up with the "greater service" spiel. Perhaps the 3rd-party integration will get some badly needed attention, though.

If Kraken acquires Lightspeed, they will be a premier force with which to be reckoned - then Schwab will buyout Kraken.


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  #8 (permalink)
 DaveP711 
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I recall when Citigroup bought Travelers Insurance, thinking cross-selling its products to a few million Travelers customers would be a win-win. It turned out to be a lose-lose situation and Citigroup spun out Travelers several years later. Whose 'great' idea was this?


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  #9 (permalink)
 
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 leezus 
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DaveP711 View Post
I recall when Citigroup bought Travelers Insurance, thinking cross-selling its products to a few million Travelers customers would be a win-win. It turned out to be a lose-lose situation and Citigroup spun out Travelers several years later. Whose 'great' idea was this?

1.5 billion reasons why NT did this. Simple as that.


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  #10 (permalink)
 
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 liquidcci 
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My biggest question is how much clearing risk this will add to our accounts. Thought of a crypto firm owning Ninjatrader is concerning from that perspective.


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