Alpaca Extends Partnership with Citadel Securities to Unlock Japanese Investor Demand for US Stocks and Options Trading
2024年7月25日 - 7:36PM
ビジネスワイヤ(英語)
Alpaca, an API-focused brokerage that operates a modern
infrastructure for stocks, ETFs, and options trading and serves
hundreds of financial services businesses globally, and Citadel
Securities, a leading global market maker, today announced an
extension of their strategic partnership in Japan to jointly
leverage their expertise in brokerage infrastructure, trade
execution and clearing, and recordkeeping for U.S. Stocks and
Options trading. Alpaca has partnered with Citadel Securities for
trade execution services since 2019, and today Alpaca’s
infrastructure serves businesses from 30 different countries
globally.
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Alpaca Extends Partnership with Citadel
Securities to provide a joint offering for U.S. Stocks and Options
trading (Graphic: Business Wire)
This initiative will provide Japanese brokers with access to
world class trade execution, scalable end-user recordkeeping
systems, localized system integrations, and support solutions in
one stop.
Through its local Japanese subsidiary, Alpaca has served
financial institutions in Japan for the past decade through its
unique offerings of database technology and brokerage services and
has contributed to wealth technology innovation in Japan.
Citadel Securities opened its Tokyo office in 2022 to provide
dedicated coverage to Japan’s financial services industry, powered
by consistent, competitive and reliable liquidity in all market
conditions and leading customer service.
“We’re excited to continue building on the strong and trusted
foundation we have already established in Japan,” said Yoshi
Yokokawa, Co-founder and CEO, Alpaca. “This expanded partnership
brings together Alpaca’s experience and infrastructure that we have
nurtured in Japan with Citadel Securities’ leading global trade
execution capabilities, creating a compelling value proposition for
Japanese investors and institutions.”
“This partnership further demonstrates Citadel Securities
commitment to Japan and improving the trading experience for
Japanese investors of all size,” said Shinichiro Kato, Citadel
Securities Japan Representative Director.
“Our partnership with Alpaca enables Citadel Securities to
seamlessly deliver our leading execution platform to Japanese
brokers, increasing access to and improving their clients’
experience trading U.S. securities,” said Joseph Mecane, Head of
Execution Services at Citadel Securities.
In addition to operating as a regulated brokerage company,
Alpaca is well-known in the developer community for offering APIs
for developers and entrepreneurs to write trading algorithms and
build Fintech applications. Alpaca’s APIs are used by tens of
thousands of monthly active developers globally.
About Alpaca
Alpaca is a developer-first API brokerage that builds a modern
infrastructure for Stocks, ETFs, and Options trading and serves
hundreds of businesses globally. 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. Securities brokerage services are provided by Alpaca
Securities LLC, member DTCC/FINRA/SIPC, a wholly-owned subsidiary
of AlpacaDB, Inc. Technology and services are offered by AlpacaDB,
Inc.
About Citadel Securities
Citadel Securities is a next-generation capital markets firm and
a leading global market maker, providing institutional and retail
investors with the liquidity they need to trade a broad array of
equity and fixed-income products in any market condition. At
Citadel Securities, the brightest minds in finance, science, and
technology use powerful, advanced analytics to solve the market’s
most critical challenges, turn big ideas into real-world outcomes,
and accelerate their careers. For more information, visit
CitadelSecurities.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240725823428/en/
press@alpaca.markets Alpaca Marketing Team +16692572221