The proprietary trading firm The Trading Pit (TTP) announced today (Thursday) its strategic expansion plans, starting with the addition of NinjaTrader platform to its futures challenges offering. This platform enjoys significant popularity in the US, UK, and Canada - the key regions where the prop firm is focusing its expansion efforts.
Prime Futures Challenges Now Features NinjaTrader
Unlike most prop firms, The Trading Pit offers futures trading programs alongside CFD challenges. Through their "Prime Futures Challenges," traders can access three evaluation types and funded accounts up to $150,000. Previously, traders could execute positions through TradingView and Tradovate platforms. Now, The Trading Pit has enhanced its offering by integrating NinjaTrader, a specialized futures trading platform.
"In addition to NinjaTrader, traders will enjoy seamless access to the Tradovate Trading platform, all with the same user account," commented Daniela Egli, the CEO of The Trading Pit.
The announcement was teased yesterday (Wednesday) on X (formerly Twitter), with Finance Magnates later confirming the news through the firm's official Discord channel.
Strategic Move for Market Expansion
The NinjaTrader integration aligns with The Trading Pit's broader expansion strategy. According to Egli, the firm is preparing to strengthen its presence in North America, particularly in the US and Canada, as well as the UK - markets where NinjaTrader has established a strong user base.
This development coincides with NinjaTrader's recent appointment of a former CME futures trader as SVP of their Live platform. Anthony Crudele will lead the company's flagship livestream program, providing real-time trading insights for traders across all experience levels.
With 1.8 million users worldwide, NinjaTrader is gaining increased recognition in retail trading. While MetaTrader 4 and 5 from MetaQuotes remain dominant in retail trading, NinjaTrader's popularity is growing significantly, particularly within the prop trading sector.
Departures from The Trading Pit
Despite The Trading Pit’s recent expansion efforts, the firm has experienced several high-profile departures in recent months, as reported by Finance Magnates. Multiple C-level executives have exited, raising interest within the financial industry.
One prominent departure was Themis Christou, the former Chief Marketing Officer at The Trading Pit and Tickmill, who has since co-founded a new marketing brand. His startup, Uveler Marketing, focuses on corporate clients, offering specialized services like SEO, AI-driven solutions, web development, and branding.
In August, Periklis Hanna announced his resignation as Head of Marketing at The Trading Pit.
May also saw the announcement of other notable leadership changes within the company. Key figures Christoph Radecker and Thomas Heyden were among those departing. Radecker, one of The Trading Pit’s co-founders, left to pursue new ventures outside the company. Likewise, Heyden, who had served as CEO of The Trading Pit’s Liechtenstein office since September 2022, exited to explore new professional opportunities.
