Tradeify launches Slay Markets brokerage, signs exclusive clearing agreement with NinjaTrader. Boca Raton, FL, United States, May 19th, 2026, FinanceWire May 19, 2026 Edited by: etf.com Boca Raton, FL, United States, May 19th, 2026, FinanceWire A new introducing broker, Tradeify Brokerage LLC, will operate under the Slay Markets brand, with the retail waitlist opening today. Tradeify, a leading U.S. proprietary trading firm, today announced the launch of Slay Markets, a new retail brokerage operating under its recently formed introducing broker entity, Tradeify Brokerage LLC. Alongside the launch, Tradeify has signed an exclusive clearing and technology agreement with NinjaTrader Clearing LLC and NinjaTrader Connect, an end-to-end infrastructure platform that provides broad market access along with integrated onboarding, funding, risk controls, and a complete retail trading experience through a single API. NinjaTrader Clearing LLC will serve as the sole clearing firm and Tradeify partner for all Slay Markets customer activity. Tradeify has grown into one of the largest retail proprietary trading firms in the U.S. in just a few years. The firm has built that scale on a simple promise to its traders: clear rules, fast funding, and payouts designed to hit before the competition has finished processing. The launch is Tradeify's first move beyond its evaluation and funded trading programs. It brings CME Group futures access to the firm's existing trader community and to the broader U.S. retail market through a dedicated brokerage. An Exclusive Arrangement with NinjaTrader Under the clearing agreement, finalized this month, NinjaTrader Clearing LLC will serve as the exclusive CFTC-registered futures commission merchant behind Slay Markets. The structure allows Tradeify to concentrate on the retail experience while relying on an established CFTC-regulated partner for the regulated infrastructure behind every trade. NinjaTrader adds a new retail segment through a brand with an active, self-selected customer base of futures traders. This lands as U.S. retail futures continue to grow and traders increasingly demand a single firm that can carry them from evaluation through to live capital. Public Rollout Timeline Slay Markets will have a phased public rollout. The waitlist is live today at slaymarkets.com. Early access will go to Tradeify's existing funded traders, with broader retail availability following in the weeks after launch. Regulatory Structure Tradeify Brokerage LLC is registered with the Commodity Futures Trading Commission as an introducing broker and is a National Futures Association member. Customers contract with Tradeify Brokerage LLC. Client funds are held by NinjaTrader, which also clears and executes all trades as the futures commission merchant of record. This IB/FCM separation is the standard model across most of the U.S. retail futures market. Commentary from Leadership Brett Simberkoff, Chief Executive Officer of Tradeify, on the rationale for the expansion: "Tradeify was built to help retail traders develop their skills and scale their trading. Creating an easy path to take their capital to a live brokerage account when they felt they were ready was a necessary chapter in that journey. NinjaTrader is the right partner for it. Their clearing infrastructure and their long experience in the retail futures industry made the decision straightforward. With NinjaTrader handling the infrastructure, Tradeify aims to focus on creating the best possible user experience." Martin Franchi, Chief Executive Officer, NinjaTrader Group on the partnership and evolution from prop to fully regulated retail brokerage: "The prop trading industry continues to evolve with some firms beginning to expand beyond evaluation programs and funded accounts. Tradeify is a strong example - a valued NinjaTrader partner that has grown from a prop firm into a fully regulated retail brokerage through NinjaTrader Connect. This progression from prop firm to introducing broker represents a natural extension for firms exploring new ways to serve traders. NinjaTrader's battle-tested infrastructure is built to support that evolution, giving firms the technology and framework to launch, differentiate, and scale a complete trading experience. Tradeify and Slay Markets demonstrate how firms can leverage NinjaTrader Connect and NT Tech to accelerate that path without the cost and complexity of building from the ground up." Media Contacts Tradeify / Slay Markets Dane Nakama, Chief Marketing Officer NinjaTrader Wendy Serafin, Communications About NinjaTrader Group: NinjaTrader Group is a global leader in retail futures and trading technology. Since 2003, NinjaTrader has been empowering a community of over 2 million traders with cutting-edge technology, ultra-low commissions, and world-class support. The modern, cloud-based platform, available on desktop, web, and mobile, gives traders the freedom to seize market opportunities anytime, anywhere. NinjaTrader Clearing LLC provides direct access to the futures markets, while NT Technologies delivers new tools, seamless NinjaTrader platform integration, and institutional-grade technology to support both individual prop traders and prop trading firms. For institutions, NinjaTrader Connect delivers a comprehensive suite of B2B solutions, providing advanced technology and financial infrastructure for technology providers. For more information, users can visit www.ninjatrader.com. Disclaimer: Futures trading involves substantial risk and may not be suitable for every investor. An investor could potentially lose all or more than the initial investment. Trading should be undertaken only with risk capital - funds that can be lost without jeopardizing one's financial security or lifestyle - and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Contact. FinanceWire is a specialized newswire service providing high-impact distribution for the finance and fintech industry. View Bio

Welcome to the NinjaTrader Newsroom. This is our official site for NinjaTrader news, company updates, press releases, product updates and more.

Payward to acquire Reap to expand B2B offering with global payments infrastructure. Acquisition will extend Payward's globally regulated superinfrastructure into the global cards and payments space CHEYENNE, Wyo.-(BUSINESS WIRE)-Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire Reap Technologies Holdings Limited ("Reap"), a leading stablecoin-native, card issuing and payments infrastructure company enabling global money movement, for up to $600 million payable in a mix of cash and Payward stock, in a transaction that values Payward's equity at $20 billion. The acquisition expands Payward Services, the company's B2B infrastructure platform, unlocking globally regulated infrastructure for card issuance and stablecoin payments. Payward Services gives partners a single integration point for the infrastructure they need to build always-on financial products - covering crypto trading, custody, tokenized assets, on/off-ramps, and derivatives. Reap extends that platform into the global cards and payments space. Partners will be able to embed card issuance, cross-border payments, and stablecoin treasury services alongside Payward's existing capabilities, without assembling multiple vendors or managing fragmented infrastructure. The acquisition of Reap follows Payward's acquisitions of NinjaTrader, Bitnomial, and Backed, and continues its strategy of expanding the platform through capability-focused transactions. Reap has built a card issuing and cross-border payments stack that connects traditional financial systems with digital assets, enabling businesses to move money globally with greater speed, transparency, and efficiency. Its platform integrates card networks, traditional finance rails, and stablecoin-native settlement into a single API-driven infrastructure, supporting corporate card issuing, card programs, cross-border payouts, and treasury management. The acquisition comes as stablecoin adoption accelerates globally, with businesses increasingly using stablecoins for payments, treasury management, and cross-border settlement. "Finance is moving in one direction. Continuous markets. Programmable money. Autonomous execution. Stablecoins are the settlement substrate. AI agents are the new participants. We see the inflection on our own platform: Krak shipped to 110 countries on Day 1, xStocks crossed $29 billion in cumulative volume in its first year, 1,900 B2B partners run on Payward's shared infrastructure today," said Arjun Sethi, Co-CEO of Payward. "Reap is the payments layer for what comes next. Card networks, banking rails, and blockchains on a single API, settling in stablecoins. The infrastructure for that world has to be open, regulated, and operational at global scale on Day 1. The next financial product will not be assembled. It will be deployed." "Stablecoins in card payments are one of the largest real world applications today and Reap is proud to be leading the way. With the global stablecoin and crypto card market now exceeding $18 billion annually, Reap nearly tripled revenue and volumes in 2025, and expanded our licensing footprint from Asia to South America," said Daren Guo, Co-Founder and CEO of Reap. "What's next is for us to connect stablecoin cards and payments to a full suite of crypto-native financial services to power scale, regulatory reach, and distribution for our clients. Joining Payward was a natural step to accelerate the future of finance and build category-disrupting offerings in web3, agentic commerce and more." The acquisition creates a complementary global regulatory footprint to drive the expansion of both businesses. Reap's existing licenses accelerate Payward's expansion across APAC and the Americas, while Payward's EU and US licenses open new corridors for Reap in Europe and US markets. Together, the two businesses are positioned to extend stablecoin-powered payments infrastructure into high-growth markets across MENA and Latin America. Reap's card issuing and cross-border payment capabilities will be made available to Payward Services partners, alongside access to Payward's global liquidity, custody, and settlement infrastructure. Reap will continue to operate as a standalone platform within the Payward ecosystem, maintaining its leadership team led by Daren Guo, along with its brand and go-to-market approach, while benefiting from Payward's global infrastructure and regulatory footprint. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the second half of 2026. PJT Partners served as financial advisor and Jones Day served as legal advisor to Payward. CRB Securities and Goldman Sachs (Asia) L.L.C. served as financial advisors and Latham & Watkins served as legal advisors to Reap. About Payward Payward, Inc. is a unified financial infrastructure platform that powers a family of products advancing an open, global financial system. Built on a single shared architecture, Payward enables customers to hold, trade, earn, pay, and invest across asset classes without friction or fragmentation. At its core, Payward provides the infrastructure layer behind Kraken and a growing set of purpose-built products, including NinjaTrader, Breakout, xStocks, Bitnomial, and CF Benchmarks. Payward separates infrastructure from product expression. Each product surface is designed for a specific customer segment, regulatory regime, and use case, while operating on the same global foundation: * One global liquidity pool * One unified risk and margin engine * One collateral and settlement system * One compliance and licensing framework This shared architecture allows Payward to scale efficiently, launch new products at low marginal cost, and serve diverse global markets while maintaining consistent risk management, regulatory integrity, and operational resilience. About Reap Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-native infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets. Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions. Founded and headquartered in Hong Kong, Reap employs over 200 people worldwide. More information about Reap can be found at reap.global. More News From Payward, Inc. CHEYENNE, Wyo.-( BUSINESS WIRE )-Kraken, one of the world's longest-standing, most liquid and secure cryptocurrency platforms, today announced the launch of crypto spot margin trading in the United States, giving US clients access to CFTC-regulated crypto spot margin on Kraken Pro, with no accredited investor requirement. Until today, US crypto traders have lacked access to regulated, onshore margin trading. The gap has been significant given the size and sophistication of the US market, where... CHEYENNE, Wyo. & DALLAS-( BUSINESS WIRE )-Kraken, one of the world's longest-standing, most secure and most liquid crypto platforms, and MoneyGram, one of the world's leading global payments networks, today announced a new strategic global partnership. Through this partnership, millions of Kraken customers will be able to withdraw crypto as cash in hundreds of fiat currencies, spanning more than 100 countries worldwide using MoneyGram's extensive global cash pickup network. Where crypto meets c... CHEYENNE, Wyo.-( BUSINESS WIRE )-Payward, a unified financial infrastructure platform advancing an open, global financial system, today announced the completion of its acquisition of Bitnomial, the first fully CFTC-licensed derivatives company in the United States built for digital assets. Payward now owns the complete US derivatives stack - a Futures Commission Merchant (FCM), a Designated Contract Market (DCM), and a Derivatives Clearing Organization (DCO) - built over more than a decade with... Payward, Inc. Release Versions