Alpaca, a self-clearing broker-dealer and provider of brokerage infrastructure, has received approval as a clearing member from The Options Clearing Corporation (OCC) and the Fixed Income Clearing Corporation (FICC), bolstering its multi-asset clearing capabilities in the U.
S. capital markets.
These regulatory approvals complement Alpaca’s existing clearing capabilities for U.
S. equities through the DTCC, positioning the company as a robust multi-asset, self-clearing broker-dealer. The recent approvals facilitate Alpaca’s ability to offer seamless access to U.
S. stocks, ETFs, options, and fixed income through its proprietary, API-first brokerage infrastructure.
“Being approved as a clearing member of OCC and FICC is a pivotal moment for Alpaca. We’ve built and can operate a fully in-house, multi-asset clearing infrastructure from the ground up,” said Yoshi Yokokawa, CEO & Co-Founder of Alpaca. “This delivers lower friction, real-time operations, and seamless access to U.
S. markets across equities, options, and treasuries for our partners.”
With OCC and FICC memberships, combined with Alpaca’s existing DTCC clearing status, the company will eliminate its reliance on third-party clearing brokers across multiple asset classes. This transition provides Alpaca with full control over the trading lifecycle from execution to settlement, while offering its global partners greater workflow flexibility, real-time post-trade visibility, and expedited trade processing.
Alpaca’s expanded clearing memberships reinforce its position as a full-stack brokerage infrastructure and FINRA-registered broker-dealer. Earlier this year, the company launched both U.
S. listed options and U.
S. Treasuries offerings for partners, aiming to create new customer growth opportunities.
Alpaca, headquartered in the U.
S., is a self-clearing broker-dealer and brokerage infrastructure firm for stocks, ETFs, options, fixed income, and 24/5 trading. The company has raised over USD170 million in funding and is backed by investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.
