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Alpaca and Saudi’s Derayah Financial Announce Partnership and Strategic Investment to Accelerate Alpaca’s Middle East Business and Saudi Stocks Offering Globally

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…

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