NinjaTrader Expands Executive Team to Meet Retail Futures Trading Growth
NinjaTrader Group announced a significant expansion of its executive team, appointing four seasoned executives as part of its strategy to enhance its popular trading platform and meet the increasing demand from retail traders in the futures market.
In a recent interview, NinjaTrader’s CEO Martin Franchi revealed, “For the past 2-3 years, we have experienced tremendous growth in the space, and we believe the next phase of growth will be exponential.”
Strategic Executive Appointments
The newly appointed executives include:
- Ryan Pitylak, Executive Vice President of Growth: With over 15 years of experience in marketing, strategy, and operations, Pitylak will spearhead initiatives focusing on trader education, social experiences, and partner networks. His previous role at ZenBusiness involved securing $275 million in funding.
- Aditya Nishandar, Chief Technology Officer: Nishandar’s extensive background in technology leadership and innovation will be crucial in driving NinjaTrader’s technological advancements. He previously served as a Senior Director at Carta Liquidity and spent over a decade with Goldman Sachs.
- John O’Neil, General Manager of Evaluation Services: O’Neil will focus on creating premier experiences for retail proprietary traders. His background includes significant roles at FXCM.
- Michael Krafft, Vice President of Product: Krafft will utilize his expertise to deliver innovative, client-facing applications and solutions. His prior experience includes positions at TrueML, Alight Solutions, and American Express.
NinjaTrader announces strategic expansion of executive team. Read: https://t.co/IdOHA6ncgN
— NinjaTrader (@NinjaTrader) May 22, 2024
Franchi remarked on these appointments, stating, “Our recent executive hires reflect NinjaTrader’s dedication to investing in top talent to advance our leading position within the retail futures trading space.”
NinjaTrader’s Growth Trajectory
NinjaTrader, currently supporting 1.7 million users, has seen dynamic growth in recent years. Franchi emphasized the platform’s popularity among retail investors interested in futures contracts, noting, “Institutional support for the retail futures trading community has never been stronger, and our efforts partnering with exchanges on innovative new products and developing world-class education designed for newer traders is helping fuel the growth.”
Future Prospects and Innovations
To cater to the burgeoning interest in futures trading, NinjaTrader offers a Simulated Trading solution. This allows traders to practice, refine strategies, and familiarize themselves with the futures market without risking real capital. Franchi underscored, “We believe we will see tremendous growth in this asset class.”
In addition to bolstering its executive team, NinjaTrader recently unveiled a new version of its platform, featuring multi-device trading integration, coinciding with a brand refresh and the launch of a new website and logo.
The appointments of these four executives, coupled with NinjaTrader’s continued innovation and commitment to trader education, position the company for exponential growth as it seeks to lead the retail futures trading market.
