Alpaca Securities LLC operates in the stock brokerage industry by providing an API-first brokerage service that enables other businesses to create their own trading applications. This service allows companies to integrate stock trading functionality into their platforms without the need to become brokers themselves, saving them time and resources. Alpaca's clients include businesses like InvestSky and Woodstock, which want to offer stock trading to their customers. Additionally, Alpaca offers a Local Currency Trading API, allowing international investors to trade US stocks in their local currency. Beyond stock trading, Alpaca also provides crypto wallets and supports coin pair trading with various cryptocurrencies. The company generates revenue by charging fees based on the volume of trades executed through its platform. Alpaca's goal is to simplify the trading process for businesses and their customers, making financial services more accessible.

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Fintech

Financial Services

Alpaca

Launched with the intention to provide accessible, fair, and simple tools for wealth generation, RUUT is addressing Mexico’s unique challenges faced by new investors.Currently situated in Mexico City and supported by Alpaca’s Broker API, RUUT has seen significant growth since their launch while “ensuring their core values remain intact.”RUUT was founded by Carlos Diaz and Rodrigo Verduzco on September 29, 2021 through a personal struggle.Carlos felt the frustration of “having his savings account mistakenly blocked by Mexico’s largest investment platform.”When he finally regained the required access, “after more than a month, the two co-founders realized there had to be a better solution for investing in Mexico.”After researching further, they realized “that only ~4% of Mexicans have an investment account, and that 93% of the accounts are centralized to just one platform.”Therefore it was clear that RUUT’s mission was “to guide wealth generation amongst Mexicans with values centered on transparency, teamwork, user obsession, resilience, radical ownership, and strategy.”RUUT stands out by “addressing the significant challenge of financial education in Mexico. Instead of requiring users to understand intricate investment strategies, RUUT provides a straightforward platform where users can start building wealth without prior knowledge. Approximately 75% of RUUT’s users are first-time investors, reflecting the success of this approach.”RUUT’s platform offers users “the ability to create and customize multiple portfolios tailored to different financial goals; these are handled by RUUT with some of the lowest management fees in the market. This user-friendly approach allows investors to plan for retirement, big consumer purchases like vehicles, and vacations with varying risk profiles and time horizons.”RUUT is a user-friendly approach allows investors “to plan for retirement, big consumer purchases like vehicles, and vacations with varying risk profiles and time horizons.”RUUT’s choice of Alpaca as its preferred broker “stems from Alpaca’s reputation as the most startup-friendly, accessible, and agile broker.”The partnership has been “mutually beneficial, with Alpaca playing a crucial role in supporting RUUT’s mission.”RUUT’s app development process “was tightly integrated with Alpaca’s Broker API. Initially leveraging Alpaca’s readily available toolkit, RUUT then seamlessly integrated regulatory processes in Mexico, creating a unique solution with Alpaca’s RIA (Registered Investment Advisor) specific products.”This partnership is continuously “evolving, as RUUT actively participates in testing and piloting new Alpaca products.”Further, Alpaca’s Broker API has empowered RUUT to “provide US investment accounts for clients in Mexico seamlessly. The API facilitates multiple equity transactions, streamlining the process of building and rebalancing investment portfolios.”RUUT’s users, both non-sophisticated and sophisticated investors, appreciate “the platform’s speed, ease of use, and tailored investment solutions.”As a startup, one of RUUT’s greatest concerns “was scalability as we looked for a suitable Broker partner

Mexico’S Ruut And Alpaca Are Supporting Fintech Solutions For New Investors

(美國商業資訊)-- Alpaca是一家提供股票、ETF及期權執行和託管解決方案的經紀基礎設施技術公司和自我結算經紀交易商，為全球數百家金融機構提供支援。該公司今天宣布與沙烏地阿拉伯王國領先的金融服務公司和首個數位投資平台Derayah Financial（以下簡稱「Derayah」）建立新的策略合

Alpaca與沙烏地Derayah Financial宣布合作並進行策略性投資，以加速Alpaca的中東業務及沙烏地股票的全球發售

Alpaca has raised over $150m in funding and is "backed by top investors in the industry globally, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Elefund, and Y Combinator."

Alpaca Extends Partnership with Citadel Securities to Support Japanese Investor Demand for US Stocks

Stock trading in Thailand is easier than ever, with scores of companies offering access to global stocks through convenient and versatile platforms. Here, we look at 5 of the top stock brokers servicing Thailand at the time of writing.Considerations Before Trading in ThailandWhether you're new to the industry or an experienced trader looking for new opportunities, it's crucial to consider several key factors before choosing a broker. These include evaluating fees and commissions, the broker's features and trading platform, and ensuring it matches your trading style.Regulatory Compliance and Security : Ensure the broker is not restricted from offering services in your region. Additionally, check the security measures the broker has in place to protect your investments and personal information from unauthorized access or cyber threats.: Ensure the broker is not restricted from offering services in your region. Additionally, check the security measures the broker has in place to protect your investments and personal information from unauthorized access or cyber threats. Trading Platforms and Tools : The quality and user-friendliness of a broker's trading platform are crucial for a smooth trading experience

5 “Best” Thailand Stock Brokers (April 2024)

Hitoshi, Co-founder & Chief Product Officer at Alpaca notes that Alpaca has transitioned to self-clearing at DTCC.As noted in a blog post, this is a key milestone since they started “a regulated brokerage business five years ago.”It’s a pivotal milestone for them because this means Alpaca has “joined the deepest layer of clearing and settlement in the U.S. marketplace.”As it took us years of effort, this event proves them “as one of the mature players amongst the latest fintech companies,” the company claims.When the founding team started the brokerage business out of Y Combinator, they had thought it would be unreasonable “to spend so much time and money to become self-clearing ourselves.”As their business grew, they claim to have “learned so much about the inefficiency and too many intermediary layers between customers and the core market, and they found big opportunities to innovate it as part of our mission, to provide financial access for everyone on the planet.”As explained in a blog post, Alpaca builds a global de-facto financial platform “from the ground up to achieve this mission.”The traditional brokerage businesses “have been built upon layers on top of layers, with legacy vendor technologies, and pay enormous amounts of money.”This is one of the things that still “prevent everyone on this planet from having fair access to the desired financial markets.”At Alpaca, not only do they claim to be developer-first and API-first, but also they “are a group of true technologists who build with the latest innovations to solve these problems.”Today’s achievement is not just “stemming from their technology and cost reasons.”Throughout their journey with hundreds of fintech players and hundreds of thousands of developers who come to their platform “to build their next dreams, they learned so much about what Alpaca needs to do.”As noted in the update from Alpaca, self-clearing is said to “open up many more opportunities for our platform to enable, from seamless asset transfers to securities lending, as well as more sophisticated solutions such as DVP/RVP for institutional trading.”Alpaca’s proprietary clearing and settlement platform has reportedly “been built with modern architecture in mind.”It was built from the ground up “with an idempotent event driven architecture.”In order to facilitate bidirectional communication with DTCC and NSCC, they created event abstraction adapters “for bidirectional external via FIX, IBM MQ and SFTP to simplify the services producing or consuming and improves resilience and fosters composable testing and event sequence replay.”Their underlying event platform, The Alpaca Universal Transaction System (UTS), uses Flatbuffers “for zero-copy data interchange on top of Redpanda for efficient high-throughput and low latency messaging with elastic tiered storage that scales without sacrificing performance for highly active message topics.”In the past articles, Alpaca says they “introduced their distributed WAL-based in-memory Order Management System, and high-throughput non-blocking ledger for 24×7/365 operations.”Not only do these play important roles in this self-clearing, but they “have also made another innovation by building a fully event-driven clearing system from scratch.”With this architecture, they are ready “for the transition to T+1 that’s coming up soon, but also poised for a foreseeable T+0 future migration as well as current same day settlement for institutional trade processing.”Self-clearing requires complex business processes, “managing risks of settlement for large numbers of investors, and keeping everything in compliance to protect customers and the markets.”To run smooth operations and be in compliance with everything required, Alpaca has gathered star players who “bring tons of experience from their past lives in the industry (don’t get it wrong, many of us are from the latest fintech space, not only decade-old firms).”Why? Because every one of them claim to believe in Alpaca’s innovative approach, its business future, and the opportunity “to change the industry with their own hands and brains, like many of our customers feel. Not only does this team build and run the self-clearing journey, they are also here to provide the best experiences for their customers because we are the same innovative-minded team as our customers are.”Becoming self-clearing is definitely not a goal, but it is “just the beginning.”What excites us even more from here is “that this paves the road to building more businesses because of our full control of the process.”They have already announced “that options trading is coming soon, but they can bring more business and product opportunities while they keep enhancing our operational efficiencies for our customer experiences.”In the next few quarters, they hope to “reveal more products to both Broker API and Trading API customers. As a matured platform being self-clearing, they are also expecting to expand segments of customers, such as institutional businesses, U.S. broker-dealer clients, and hedge funds with proven track records.”

Fintech Platform Alpaca Reportedly Transitions To Self-Clearing At Dtcc

Alpaca now supports limit orders and extended hours trading for fractional shares.As noted in a blog post from Alpaca, trading in fractional shares is considered to be “a crucial tool for investors.”Alpaca says that it opens the door “for individuals to invest in stocks that may have been out of reach otherwise.”According to the update from Alpaca, fractional orders also “enables ultra-fine precise asset allocation and portfolio weightings.”Portfolios, regardless of their size, can leverage this feature. Alpaca’s fractional shares trading platform is powered by their custom-built Order Management System (OMS), “designed for ultra-low latency and scale to accommodate millions of investors worldwide.”Today, this feature extends to “support limit fractional quantity or notional value, in addition to market orders we previously supported (stop and stop limit will also be coming soon).”These additional order types are said to be “essential to manage the risks in the fast-moving market and fractional shares trading can now be used for advanced trading strategies for better risk management.”The support of limit orders for fractional shares trading comes “with pre-market (4:00 a.m. – 9:30 a.m. ET) and post-market (4:00 p.m. – 8:00 p.m. ET) support in addition to the regular trading hours.”Expansion of fractional shares to extended hours “gives more opportunities to global investors, who will enjoy fractional shares trading in their morning and afternoon in Asian, Middle East, and European time zones.”These new capabilities are integrated into “the existing API, and your code can start using them with minimal effort (please see below for more details).”Alpaca is committed to “keeping the API simple and easy to use.”The introduction of these new features positions Alpaca at the forefront of the retail trading sector, “setting it apart from many other brokerage firms that do not offer the same extensive range of options as Alpaca’s fractional trading offering.”With over 5,000 fractional assets available for trading, Alpaca has managed “to maintain high standards of execution quality and speed.”This achievement comes despite the challenges of market risks, thanks to their sophisticated risk management technologies and “adherence to regulatory requirements, including trade reporting.”The advancement of their fractional shares trading is in line with their mission of opening financial services “to everyone on the planet by building a global de-facto standard investment platform.”Alpaca continues to invest in their technology and brokerage services to “provide better experiences to investors worldwide.”Through Broker API, you can now “allow your customers to trade fractional and notional amounts during their localized trading hours, further improving access to US markets internationally.”With the same Orders API you use today, just update your API call “to specify the extended hours flag and change the order type to limit

Alpaca Now Supports Limit Orders And Extended Hours Trading For Fractional Shares

In the “bustling” landscape of Pakistan, Elphinstone claims that it stands as a beacon of financial empowerment, offering “a gateway for the country’s burgeoning middle class to unlock their financial potential.”Co-founded by Farooq Tirmizi and Uzair Mahmud in 2020, Elphinstone addresses a critical pain point faced by Pakistanis — earning in American dollars “but struggling to save and invest with them.”Prior to being Elphinstone’s CEO, Farooq Tirmizia spent “over a decade in the financial services industry. While working on Wall Street, he observed the stark contrast in the accessibility to sophisticated investment products in the United States versus its challenges to Pakistanis.”Driven by a passion to simplify investing for his fellow citizens, Farooq launched Elphinstone in 2020.In 2021, Uzair Mahmud, a visionary with a bias for technology, “joined forces with Farooq to further amplify Elphinstone’s mission as their CTO.”Elphinstone remains obsessed “with solving a single problem: help simplify investing for Pakistanis” so wealth creation can be a simple matter of “set it and forget it”.The company’s values are deeply “rooted in long-term thinking, prioritizing the financial interests of clients over short-term revenue targets, and a vision for the company to endure beyond the lifetimes of its founders.”Elphinstone’s US app offers Pakistanis the opportunity “to invest in US stocks and ETFs in two distinctive ways. The platform provides advised portfolios tailored to clients’ risk preferences and offers Shariah-compliant investment options.”Additionally, Elphinstone empowers users “with self-directed investing, allowing them to trade individual stocks and ETFs based on personal preferences.”Pakistani freelancers, equipped with Payoneer or Wise accounts, “can seamlessly fund their Elphinstone investment accounts and withdraw funds either to their dollar accounts or back to their rupee accounts in Pakistan.”Elphinstone’s decision to partner with Alpaca was driven “by their startup-friendly approach, responsiveness, and speed in both onboarding and compliance processes.”The collaboration began in late October 2022 “after Farooq Tirmizi met Alpaca’s team at Money 2020 in Las Vegas. The two companies signed an agreement in early November 2022. Within four months, Elphinstone’s team, led by Uzair, built and launched their high-functioning, consumer-facing app.”Elphinstone, initially a Registered Investment Advisor, “found freedom in the Broker API. It allowed them to create a fully branded, customizable user experience with a fully realized service offering.”Even as Elphinstone continues to scale, the reliability of the Broker API “remains unwavering, ensuring the security of clients’ funds.”Alpaca’s Broker Dashboard provides instant visibility “into various aspects of Elphinstone’s operations, like fund flows, trade executions and more.”This has been vital for Farooq and Uzair in “facilitating organizational tracking and regulatory filings to ensure compliance.”Since their launch, clients have “executed 6-figure trades instantly, establishing Elphinstone’s credibility

Financial Inclusion: Elphinstone To Transform Pakistani Investing With Seamless Usd Accessibility

Alpaca recently shared key platform developments that took place last year.Alpaca has commented on key milestones, partnerships, and innovations that have shaped their year in 2023. As they enter 2024, the team remains focused on supporting a wide range of open financial services in an inclusive manner.Alpaca explains that it enhances its platform “with 24/7 sub-250ms latency transaction processing, significantly improving transaction processing times.”According to the company, the asynchronous end-of-day process aims to significantly “reduce delays, demonstrating Alpaca’s dedication to providing a robust infrastructure for efficient trading, ensuring a valuable and streamlined experience for all its customers.”Alpaca introduces Excess SIPC Coverage, which is reportedly “exceeding standard protection thresholds to safeguard customer securities and cash.”This enhancement is said to “reflect Alpaca’s commitment to offering enhanced protection aligned with local regulations and looking out for our customers’ frameworks.”The firm noted that it launched Funding Wallets for Broker API, streamlining fund deposits for a seamless user experience. The feature reportedly “eliminates wire transfer complexities, ensures accurate fund allocation, and minimizes manual errors for efficient fund management.”The firm also shared that it has introduced options for Trading API, which are coming soon.In a landmark achievement of 2023, Alpaca announced “the upcoming launch of Options for Trading API, a highly anticipated addition to its suite of offerings.”The beta waitlist is “open, inviting users to be pioneers in experiencing and shaping this feature.”Alpaca notes that it also collaborated with Woodstock in order “to launch Japan’s first social US stock trading app, allowing investors to trade over 500 US stocks and ETFs in Japanese yen. The app fosters a community for learning and sharing investment portfolios.”The firm also noted that Spaceship partnered with Alpaca in order “to redefine investing for young Australians, leveraging Alpaca’s Local Currency Trading product for Aussie-dollar trading in US markets.”The collaboration focuses on “crafting a seamless user experience and overcoming unique challenges.”While sharing many other updates from the past year, Alpaca confirmed that it partnered with SBI Holdings and “secured a $15 million strategic investment, accelerating its Asian business expansion.”The collaboration with SBI Group enables Alpaca to “extend its reach to enterprise financial institutions in Asia.”Looking ahead, the firm says that it remains dedicated to pioneering “advancements in financial technology, fostering innovation, and expanding our global footprint.”As noted in the update, securities brokerage services are “provided by Alpaca Securities LLC, member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Technology and services are offered by AlpacaDB, Inc.”

Fintech Platform Alpaca Remains Focused On Supporting Open Financial Services, Shares Key Milestones

In the bustling financial landscape of Hong Kong, Asia Win Inc Limited, under Owen Huang’s leadership, introduced GUGU in June 2020.GUGU is not just a financial platform; it’s a mission-driven venture committed “to breaking down barriers for Asian investors looking to enter the US stock market.”Founded by Owen Huang, GUGU’s inception “was inspired by the recognition of Asian investors’ burgeoning interest in the US stock market.”However, these individuals often “faced significant obstacles, including a lack of domain knowledge and user-friendly tools.”For three years, GUGU worked diligently to “provide US stock investment education through online courses, blogs, and simulated trading apps.”During this time, thousands of users expressed “a common wish – for GUGU to provide an easier and more user-friendly environment for starting their US stock investment journey.”In 2023, GUGU decided to make this wish a reality “by partnering with Alpaca.”GUGU’s mission is clear: to become “the number one choice for foreign securities trading and investment among the young generation in Asia.” The company envisions “a future where everyone can start investing easily and confidently.”GUGU believes that many Asian investors “haven’t ventured into US stock investments due to the absence of consumer-friendly tools.”GUGU is on a mission to change this by “reducing the barriers to entry through exceptional product design.”They’re able to do so by having:Intuitive Design: Boasting a trendy interface and a gamified experience, making investing engaging and accessible.Boasting a trendy interface and a gamified experience, making investing engaging and accessible. Performance Rankings: Providing performance rankings and publicly disclose the holdings of others, fostering a transparent and informative investment environment.Providing performance rankings and publicly disclose the holdings of others, fostering a transparent and informative investment environment. Localized Language Interfaces: Offering localized language interfaces based on various Asian countries, ensuring accessibility to a diverse user base.Offering localized language interfaces based on various Asian countries, ensuring accessibility to a diverse user base. No Commission: Users can trade without worrying about hefty commissions, as GUGU operates on a commission-free model.Users can trade without worrying about hefty commissions, as GUGU operates on a commission-free model. Fast Account Creation: GUGU simplifies onboarding with an account opening process that takes less than six minutes.GUGU simplifies onboarding with an account opening process that takes less than six minutes. Invest with Just US$1: GUGU allows users to start investing with as little as US$1, making it an inclusive platform for all investors.Alpaca’s agile approach and commitment to quality service aligned “with GUGU’s vision

Investment Platforms: Gugu And Alpaca To Pave The Way For Us Stock Investing In Asian Markets

HONG KONG, Nov. 13, 2023 /PRNewswire/ -- Taiwanese fintech company GUGU recently announced new partnerships with the U.S.-based Alpaca Securities and Australia-based JB Markets to expand its U.S. stock trading app across Asia Pacific markets this year.GUGU Joins Forces with Alpaca Securities to Help New Generation Invest in U.S. Stocks (PRNewsfoto/GUGU)The strategic collaborations will enable GUGU to integrate Alpaca Securities' and JB Markets' robust brokerage capabilities. This will empower GUGU to offer young investors across the Asia Pacific an intuitive, social, and educational app to trade U.S. stocks

Alpaca

API-first brokerage for stock trading

Alpaca

API-first brokerage for stock trading

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