Abstract:Transaction highlights D.A. Davidson’s deep expertise across the capital markets technology ecosystem

D.A. Davidson & Co. announced today that it has served as exclusive buy-side financial advisor to NinjaTrader on its acquisition of Columbus, Ohio, based Tradovate, a cloud-based futures trading platform offering unlimited, commission-free trading for a flat price.
Headquartered in Denver, NinjaTrader is a leading provider of award winning trading technology and brokerage services for active traders and is backed by Long Ridge Equity Partners. D.A. Davidson previously served as exclusive financial and strategic advisor to NinjaTrader on the majority investment by Long Ridge.
“NinjaTrader has built an exceptional trading software for more than 500,000 traders globally,” said Ken Marlin, vice chairman of Technology Investment Banking at D.A. Davidson. “The acquisition of Tradovate, with its proprietary platform for futures trading, further enhances their positioning as a best-in-class provider of mission-critical software for the brokerage and trading ecosystems. We look forward to continuing to advise the company as it grows.”
“The D.A. Davidson team continues to be a trusted partner and advisor to our platform,” said Martin Franchi, chief executive officer of NinjaTrader. “Their deep domain expertise and execution capabilities remain instrumental to us as our business scales going forward.”
This transaction highlights the ongoing success of D.A. Davidson‘s Technology Investment Banking practice, which completed 57 transactions representing approximately $11.4 billion in value in 2021. D.A. Davidson’s Investment Banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,475 employees and offices in 28 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

Crib Markets, a Mauritius-based multi-asset brokerage entity, has been accused of profit deletions by users worldwide, including those from India. After studying the Crib Markets complaints, it was observed that problems started happening when users looked to withdraw funds from the platform. Multiple users claimed deliberate profit deletions by the brokerage firm upon a withdrawal request. In this Crib Markets review, we have found many such complaints in 2026. Besides sharing complaints, we have provided a thorough look into the broker’s regulatory framework.

IUX, despite having an operational presence for approximately a decade, continues to face allegations from users regarding its several trading aspects. These include complaints on withdrawal processing, deposit failure, and even wide slippages that eat into users’ margins. For some, withdrawals were never executed, for others, withdrawal processing remained only on paper. On the other hand, some’s deposits fail to show on the IUX login even after 45 days of the transaction initiation date. Concerned by these seemingly suspicious trading incidents, users hit out on several review platforms such as WikiFX. This IUX review examines these user allegations while providing a regulatory framework the broker adheres to.

A brokerage operation history of over six years without any clarity of the accounts offered. This stunning fact allegedly applies to ForexDana. While this has been a major concern on the transparency front, user experiences concerning suspicious deposit failures and trade manipulation have not been good for the broker’s reputation either. In this ForexDana review, we have attempted to find the reason behind the growing user frustration, not only through their complaints but also what possibly could have led to these complaints. Yes, you heard it right! We are going to probe the ForexDana regulation status. This will help you make the right financial decision.

As you look forward to reading the Saxo reviews, you come across both positive and negative user experiences concerning trading. However, what makes prospective users dwell more is the significant insight shared through negative experiences compared to positive ones. The negative experiences are more detailed around fund withdrawals and deposits. Although they are allegations, they represent a disturbing picture. For example, we came across a case where a user highlighted the inability to trade an instrument, which is actively traded in the market. We have examined the recent allegations against the brokerage firm in this in-depth review. At the same time, we have provided a thorough look into the broker’s regulatory framework