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Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
I am a NT lifetime subscriber and brokerage customer. Today, I wanted to initiate deposit into my account and saw NT will be requesting, by Yodlee, my account balance, transaction history, payments, rewards, etc.
Isn't payment for NT lifetime license and ongoing brokerage commissions enough that you have to collect and sell my personal data?
This is a recent change; I should be able link account for transactions with my broker and not agree to sell my data and personal information to a third party .i.e Yodlee
I'm not certain about this, but I think the only reason they need that info is that you are trying to link the accounts so they can send and request money. I only opened my account a couple months ago and didn't like that either. But if funding the account, don't let NT do the transaction. You should be able to do it from the bank side without giving them the info and Chase won't be using a 3rd party.
For linking the account, they don't need to collect my transaction history, direct deposit, etc and this was not the case last year. Since then, they have implemented Yodlee for integration and it sells the personal data based on the account transaction history.
This is a simple case of NT trying to extract another $$ on top of what we have paid for license and commission!!