October 6, 2020 | AtoZ Markets – For the second month now, the General Prosecutor's Office of the Russian Federation has been aggressively restricting Russians' access to websites used to commit so-called illegal actions in the credit and financial sphere.
Now the flywheel of repression has touched financial technology providers as well. The regulator restricted Russians' access to NinjaTrader, a popular provider of trading and brokerage software.
Roskomnadzor restricts access to NinjaTrader domain
So, in accordance with the requirement of the Prosecutor General's Office, on September 29, 2020, the ninjatrader.com domain was entered in the register of the Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) - a blacklist of sites access to which is limited on the territory of the Russian Federation.
The official reason for restricting access to this resource, as has already become the custom, was Article 15.3 of the Federal Law of July 27, 2006 No. 149-FZ "On Information, Information Technologies and Information Protection" (extremism).
“This legislative norm regulates the procedure for restricting access to sites on the Internet containing information calling for mass riots, extremist activities or participation in mass (public) events held in violation of the established order. Roskomnadzor organizes restriction of access to such information on the basis of the request of the Prosecutor General of the Russian Federation or his deputy, ”the Roskomnadzor commentary says.
As a reminder, NinjaTrader provides a world-class platform for retail futures traders and an ecosystem of third-party applications and training providers. The provider serves over 60,000 active traders by providing a unique trading platform that offers advanced charting, strategy testing, and trading simulation. The provider's website does include a Russian language version, while the company itself is registered in the United States.
Apparently, the Russian regulator considered this summary insufficiently convincing, and caught the "American citizen", as already mentioned, of extremism by blocking his website.
Some users of the platform also reported on social networks about the blocking of NinjaTrader in Russia.
“NinjaTrader was blocked in Russia last week. My Russian students are switching to MT4 (MetaTrader trading platform), ”notes one professional trader.
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