Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally
Alpaca cements its self-clearing foundation through its DTCC membership and high-value product launches including Options Trading and High Yield Cash Accounts
San Mateo, Calif.–(ANTARA/Business Wire)– Alpaca, a brokerage infrastructure technology company and self-clearing broker-dealer, delivering execution and custody solutions for Stocks, ETFs, and Options, that support hundreds of financial institutions worldwide, today announced a new strategic partnership with Derayah Financial (“Derayah”), a leading financial services firm and the first digital investment platform in the Kingdom of Saudi Arabia (“KSA”), to further expand financial accessibility in the Middle East.
This partnership, including a strategic…
