The recent announcement of Kraken acquiring NinjaTrader marks a major shift for algorithmic traders. With NinjaTrader 8 potentially integrating directly with Kraken’s crypto exchange, this opens up new opportunities for automated strategies, trading bots, and seamless execution in the cryptocurrency market.
What Does This Mean for Developers and Traders?
- Seamless Integration with Kraken
Future updates might allow direct trading of crypto futures and spot markets via NT8, enabling traders to apply existing strategies without switching platforms. - Automated Crypto Trading
Developers can now adapt their NT8 strategies for the cryptocurrency market, leveraging NinjaScript (C#) for advanced algorithmic trading in a 24/7 market.
What Are the Key Advantages?
- Deploy proven trading strategies in the crypto market
- Develop new solutions for high-frequency trading (HFT) in crypto
- More opportunities for arbitrage and algorithmic execution
- Access to a larger audience interested in automation on Kraken
For NinjaTrader 8 developers, this is the perfect time to prepare for the upcoming integration. If you’re building on NT8, get ready for the next phase of algo trading!
