A first-of-its-kind mobile trading experience by NinjaTrader Group, designed for new CME Group event contracts

Through its subsidiaries, NinjaTrader and Tradovate, NinjaTrader Group, LLC, a market leader in futures brokerage for active traders, recently unveiled a first-of-its-kind mobile trading experience explicitly designed for the new event contracts introduced today by CME Group.

The latest products, which provide American investors the chance to forecast the daily closing price of up to 10 of the most well-liked financial and commodities markets worldwide, have a lot of promise, according to the company.

Martin Franchi, CEO of NinjaTrader Group, said: “We have faith that these fresh, cutting-edge tools, which provide a simple, cost-effective way to access the financial markets, will find a wide audience.” With the event contract product design in mind, we created a distinct and user-friendly mobile and web client experience. “This is the first in a series of fresh goods and services we plan to provide that will broaden accessibility to future markets.”

Tim McCourt, Global Head of Equity and FX Products at CME Group, expressed his gratitude to NinjaTrader Group for helping to make CME Group event contracts available to individual traders. Market participants now have a new and affordable instrument to speculate on daily price changes and acquire exposure to our benchmark products across asset classes, thanks to the introduction of our event contracts.

Each contract needs a commitment ranging from $0.25 to a maximum of $20, with a $20 payoff for a profitable transaction. Participants have pre-defined risks because they are limited to their initial investment and can access results immediately after the market closes.

With well-known metals, energy, and foreign exchange contracts, CME Group first provides daily event contracts based on anticipated closing prices for the E-mini S&P 500, E-mini Nasdaq 100, E-mini Russell 2000, and E-mini Dow stock index futures.

Customers can choose the market they wish to trade and declare whether or not they think it will close over a given price using the mobile or web-based experience. The contracts have daily expiration dates.

Following NinjaTrader Group’s acquisition of Tradovate Holdings, LLC, the combined company’s year-to-date trading volume has exceeded 75 million futures contracts thanks to support for the fast-growing retail trader population and continued product and service innovation.

Concerning NinjaTrader Group, LLC

Active futures traders can use NinjaTrader’s award-winning trading software and futures brokerage services. Since its founding in 2003, NinjaTrader has developed into a market leader, providing world-class service, discounted commissions, and best-in-class technology to more than 600,000 traders worldwide.

An online futures brokerage firm devoted to serving the demands of active retail traders is Tradovate, a division of NinjaTrader Group. With its subscription-based, commission-free trading, Tradovate provides a cutting-edge, cloud-based futures trading platform. Using full access to download the platform for Windows and Mac, sign in on the web with Chrome and other browsers, and trade via mobile Apple or Android devices, Tradovate powers futures trading from anywhere.

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Originally published at http://theopenwrite.wordpress.com on December 15, 2022.