Providing Global Access to US Stocks and Options
Alpaca is a modern brokerage platform that offers global access to US stocks and options in both notional and fractional formats. Over the past three years, more than 150 businesses from 30 different countries such as Turkey, Indonesia, India, Saudi Arabia, Japan, Thailand, and Australia have leveraged Alpaca to launch their investing applications. The platform caters to a diverse global audience seeking innovative solutions in the financial markets.
Empowering Developer Community with Accessible Infrastructure
Alpaca's core mission is to open financial services to everyone on the planet by providing a global de facto standard infrastructure for investing. This includes proprietary technology and regulatory setups to ensure compliance and security. With a strong developer community of 25,000 monthly active developers, Alpaca empowers businesses and programmatic traders to build investing applications and automate trading strategies using its developer-friendly APIs. By fostering an accessible and collaborative environment, Alpaca enables users to innovate and create cutting-edge solutions in the financial markets.
Establishing Regulatory Approvals for Secure Trading Operations
Alpaca takes regulatory compliance and customer protection seriously, as evidenced by its various entities with international regulatory approvals. Alpaca Securities LLC, the US broker-dealer, is registered with both FINRA and SEC, ensuring adherence to industry standards and guidelines. Moreover, with membership in the SIPC and excess SIPC coverage, Alpaca provides enhanced protection for customers' assets, with coverage up to $30 million in securities and $1 million in cash. The company's self-clearing capabilities further strengthen its position as a reliable and secure platform for trading operations.
Technology-Driven Evolution from Market Data to Financial Solutions
Originally founded as a database and machine learning company in 2015, Alpaca has evolved into a technology-driven financial services provider. With a focus on building products and technology in-house, Alpaca addresses industry gaps by offering innovative solutions like MarketStore, a database optimized for financial time-series data. The company's commitment to technological advancement has positioned it as a pioneer in the financial services sector, catering to both enterprise financial institutions and individual traders.
Cultural Significance of the Alpaca Brand
The choice of the company name 'Alpaca' reflects a commitment to warmth, approachability, and uniqueness in the financial services landscape. Symbolizing success and individuality, alpacas embody the brand's values of accessibility and distinctiveness. The inspiration behind the name further underscores Alpaca's dedication to creating a welcoming and engaging environment for users and employees alike. By embracing the spirit of the alpaca, the company continues to uphold its core values and culture in all endeavors.
Driving Innovation and Growth with Global Collaboration
As a globally distributed company with a remote workforce spanning 25 countries, Alpaca embraces diversity and collaboration in shaping the future of finance. The leadership team's diverse expertise from tech companies and financial institutions enables Alpaca to drive innovation and growth in the industry. With US$120 million in funding from leading fintech investors, Alpaca is well-positioned to advance its mission of democratizing financial services and providing cutting-edge solutions to a global audience.