CHICAGO--(BUSINESS WIRE)--NinjaTrader, a leading provider of trading software and brokerage services to active traders, today announced that industry veteran Salomon (Salo) Sredni has been appointed to the NinjaTrader Board of Managers. Having previously served as President & CEO of the TradeStation Group, Sredni brings deep strategic insight that will help accelerate NinjaTrader’s growth and global expansion.
“Through a unique combination of high-performance trading software and discount brokerage services, NinjaTrader is uniquely positioned to bring new investors into the marketplace,” said Sredni. “I am excited to join the NinjaTrader Board of Managers and help guide the company in delivering innovative solutions that lower the barrier of entry for domestic and international retail traders.”
Sredni is an accomplished chief executive officer and board member with a proven track record of driving growth and profitability across the technology and financial services industries. Most recently, he held concurrent positions as Managing Director and COO of the MONEX Group, a publicly traded global financial services company. Sredni also previously served as Chairman, President & CEO of TradeStation Group, one of the largest online brokers in the U.S., which underwent significant global expansion under his leadership.
“We are thrilled to welcome Salo to the NinjaTrader Board,” said Martin Franchi, CEO of NinjaTrader. “Demand continues to build for cost-efficient access to the futures markets and we are focused on accelerating our growth initiatives to support new traders entering the marketplace. Salo has smart insights on how to be deliberate and efficient in these efforts, and we’re excited to benefit from his experience and expertise.”
“Salo’s unique understanding of both what active traders need and how to successfully deliver on those requirements will be invaluable as we execute our vision to provide institutional grade tools for traders across the globe,” said Raymond Deux, Founder & Executive Chairman of NinjaTrader.
“Salo brings over 20 years of experience leading and building innovative brokerage technology firms to the board,“ said Jim Brown, Managing Partner at Long Ridge Equity Partners, the majority owner of NinjaTrader. “We are excited to leverage his deep domain expertise and strategic insights to help guide the company through its next phase of growth and innovation.”
NinjaTrader provides award-winning trading software and futures brokerage services to active traders. Founded in 2003, NinjaTrader has evolved into an industry leader supporting over 60,000 traders around the globe with best-in-class technology, discount commissions and world class support.
To learn more about NinjaTrader, please visit www.ninjatrader.com.
FULL RISK DISCLOSURE: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.