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NinjaTrader Brokerage Services (www.ninjatraderbrokerage.com)

  #221 (permalink)
 
optionzen's Avatar
 optionzen 
Dallas
 
Experience: Intermediate
Platform: ThinkorSwim, Ninjatrader, Multicharts
Broker: Thinkorswim, Ninjatrader Brokerage
Posts: 139 since Nov 2010
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I am bummed why NT would take away broker choices. When it was not a problem before why now??

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  #222 (permalink)
MoreYummy
Toronto/Ontario
 
Posts: 33 since Mar 2010
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optionzen View Post
I am bummed why NT would take away broker choices. When it was not a problem before why now??

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Its because they dont want to have so many brokers now.

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  #223 (permalink)
 
perryg's Avatar
 perryg 
Rechovot
 
Experience: Advanced
Platform: NinjaTrader
Broker: CQG
Trading: Index,Currency and Energy futures
Posts: 1,644 since Jan 2010
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MoreYummy View Post
Its because they dont want to have so many brokers now.

That smells of the start of a monopoly

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  #224 (permalink)
 futuretrader 
Como Italy
 
Experience: Intermediate
Platform: Ninjatrader, customized
Trading: ES
Posts: 525 since Feb 2010
Thanks Given: 471
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I think of it as akin to Amazon's moves in book-selling, including the Kindle business: leverage your market share to squeeze everyone else's margins and increase your own dominance.

There are clear benefits for 'consumers' in both price and ease of access, but there's a real price to pay in the decimation of local booksellers, small independent publishers, specific local cultures, and general homogenization.

I expect something similar will occur as a result of what Ray referred to as the trading industry's move toward 'consolidation.'

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  #225 (permalink)
 
CFuture's Avatar
 CFuture 
cologne, europe
 
Experience: Advanced
Trading: Futures
Posts: 234 since Mar 2011
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"Unlisting" seriously competitive discount brokerages doesn´t sound to me like being in the traders´ interests, in the long run.

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  #226 (permalink)
 Treggs 
Working on my LCD tan
 
Experience: Advanced
Platform: NinjaTrader
Posts: 127 since Jun 2009
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TraderLJW View Post
@NinjaTrader

This is probably unfair to ask, but I am going to ask anyway in an effort to see if I can get to a warm and fuzzy place. During the Mirus/Zenfire mess, Mirus did a very poor job of handling things. They did not answer their phone. They did not answer e-mails and if they did it was a week or more delay and then it was just a form letter instead of something that answered the actually e-mail sent. After a bit they did not even answer the phone on their trade desk. The question I have is are the people that made the decision to handle things in this poor manner still there? If they are, how do I know that the next major problem will not be handled in the same manner?

Your honest response would be very much appreciated. Thanks!

I asked a similar question a few pages back. The response from Ray was pretty clear. Some butts got kicked and some no longer work there. He has also implemented a similar support setup in the brokerage as they have been using for platform support. Having used the platform support a few times, it works well. A lot of questions get answered in the webinar if you haven't watched it.

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  #227 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
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TraderLJW View Post
@NinjaTrader

This is probably unfair to ask, but I am going to ask anyway in an effort to see if I can get to a warm and fuzzy place. During the Mirus/Zenfire mess, Mirus did a very poor job of handling things. They did not answer their phone. They did not answer e-mails and if they did it was a week or more delay and then it was just a form letter instead of something that answered the actually e-mail sent. After a bit they did not even answer the phone on their trade desk. The question I have is are the people that made the decision to handle things in this poor manner still there? If they are, how do I know that the next major problem will not be handled in the same manner?

Your honest response would be very much appreciated. Thanks!

Very fair to ask. I answered this question in post #98.


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  #228 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
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Samm View Post
@NinjaTrader

I could not find amp on this website. Looks like after 15th July, we will not have much choices. only six brokers are listed here. From them clear is in different language, I could not understand. I checked thoroughly ib and gain capital, nowhere ninjatrader is mentioned. So not much choices we can have? So is it true that after 15th July, if we want ninjatrader only through these six brokers and ninjatrader itself it will be available?


An excerpt From my response in post #174:


Existing NinjaTrader platform users who purchased before the 15th of July will always have access to the brokerage technologies that are currently supported providing them with mobility to broker where they wish now and in the future. New clients after July 15th will still have brokerage choice based on the refined list publicly listed here NinjaTrader Ecosystem | Broker Partners. It is also important to understand that we will continue to explore and enter into strategic brokerage relationships in the future.

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  #229 (permalink)
 
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 perryg 
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Experience: Advanced
Platform: NinjaTrader
Broker: CQG
Trading: Index,Currency and Energy futures
Posts: 1,644 since Jan 2010
Thanks Given: 508
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[QUOTE=NinjaTrader;420511]
It is important to know that NinjaTrader will release server side ATM strategies, server side simulation, mobile trading interface and other features sometime in 2015. These important features are exclusive to NinjaTrader Brokerage. Clients with a NinjaTrader Brokerage account prior to the release of these platform advancements are guaranteed NOT to have any price increase to access these features.[/QUOTE @NinjaTrader
Why do you not guarantee this price feature to ALL your long standing customers who own lifetime licences, irrelevant to the date of owning an account with NJ Brokerage. This would show your dedication to your customer base who have been so loyal over the years.

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  #230 (permalink)
JTurner77
Los Angeles, CA
 
Posts: 68 since Dec 2011
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NinjaTrader View Post
Clients with a NinjaTrader Brokerage account prior to the release of these platform advancements are guaranteed NOT to have any price increase to access these features.

Sounds like those who use NT via another broker arrangement should anticipate an increase in what they pay which will then encourage those customers to switch their account o NT brokerage, right? Please correct me otherwise.

For the record, I am not an NT user and am currently in the process of investigating/researching brokerages to open a new account and switch from ThinkorSwim.

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