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Received this morning. Asked if you already had a license if you still have a choice, awaiting that answer. But it does appear that all new ninja licenses have to go through Ninja or AMP.
For clients who purchased a license prior to July 15th, their choice will always include all brokerage and brokerage technologies that we support.
For new clients who purchase after July 15th, their choice includes the brokerages listed here NinjaTrader Ecosystem | Broker Partners in addition to any broker who supports NinjaTrader through CQG technology.
Yes, if you already had an NT license, you would be able to open your account at Stage 5 Trading as your brokerage firm and we could clear the business at any of the following clearing firms.
*
Dorman
Vision
Crossland
RJ O’Brien
AMP
That statement is in reference to opening a new Ninja Account with Stage 5. Either you clear through AMP, or you have to choose from the new Ninja Trader ecosystem of brokers.
I think this statement is in fact correct, from what I've read so far on the Ninja Trader website. In fact their own link says it all: NinjaTrader Ecosystem | Broker Partners
These are the only brokers that are now supported for new licenses. So what happens to our tried and true faithful brokers like Optimus? Optimus has been a pioneer in adopting new trading technologies like Rithmic, before anyone else was using Rithmic. The question is, where is innovation going to come from? When one platform company takes over brokerages, and then starts limiting brokerage options, you then see the issue. It may become insular and unresponsive to customer needs.
I guess it is easy jump out there with those comments but what facts do you have to back that up? I am curious to read up on one example since this has been trodden many times. I really couldn't find one with a few google searches.
I am not sure I would agree that this is a bad move for Ninjatrader. There are many successful platforms that only work with one broker. Cutting back on the brokers supported could strengthen the platform. Over the years I have used a lot of different trading platforms (not specific to a certain market) and have always felt the most stable ones were proprietary to a broker.
Although it is ironic that you list Tradestation as one of your favorite platforms. I haven't looked in a while but would guess that the number of brokers they support are small. Certainly not supported by Optimus.