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.
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.
