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NinjaTrader' s Ecosystem vetting vendors

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 Vendor: www.ninjatrader.com 
Denver, CO
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES
 
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Posts: 1,332 since May 2010
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sharmas View Post
Thank you BeachTrader
The question is directed to @NinjaTrader and is it a crime to ask a genuine and ethical question to understand the selection criteria

A little guy is asking a question and yes NT is a larger than me

And with respect the question wasn't directed to you but it's okay this planet needs people who have one single purpose to interfere in others business

Have a blessed day

Sharmas

Hello Sharmas,

I have been out of the country on vacation and in fact still am and have just seen your multiple posts so I appreciate your patience on my reply. You specifically ask, “what is NinjaTrader’s selection criteria for Ecosystem partners”. First, it is important to understand that anyone can build and market anything they want for NinjaTrader without our consent, permission or authorization since NinjaTrader is an open platform. We do have a formal vetting process for new ecosystem partners requests which I discuss in more detail below.

Specific to ecosystem members where we do provide visibility through the ecosystem website or webinar programs, these companies have been carefully vetted for any possible illegal activity (past or present), consistent or frequent customer complaints and regulator violations including the NFA and CFTC (perhaps you consider this selection criteria). In many cases new ecosystem partner requests are refused for these reasons although this is not publicly visible.

As far as “proving” their add-ons, systems or education are effective (profitable), that is the responsibility of the trader to determine since it is subjective in many cases. Our ecosystem events are not “vendor endorsements” they are risk free opportunities for traders to see and hear from ecosystem vendors such that they can make their own determination on possible value to them. We do not limit these vendors since you never know who may really click with traders nor do we penalize someone just because they are new to providing their services. Somehow you feel we are taking advantage of traders by taking this open approach which I disagree with since we are actually providing them opportunities to determine who may work for them which otherwise might not be available. We believe in a free and open market where traders can make these decisions for themselves so we facilitate these opportunities for them. We also do not have a compensated marketplace to reap financial gain from the ecosystem companies which would be the only reason your concerns with the ecosystem vendors would potentially make sense.

We also have an ecosystem disclaimer that covers some of what I have included here and others have mentioned in previous posts however with your multiple requests I wanted to expand on some of it for you. I have now directly replied to you on it and I will not enter into a debate about it so I hope our position is clear since I will not be responding again to this thread.

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