Alpaca Extends Partnership with Citadel Securities

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...

Terrapay Enables Banks to Transfer Funds to Wallets

TerraPay, a global money movement company, announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. Payments initiated by financial institutions over Swift will reach TerraPay’s system with speed and efficiency, and with end-to-end transparency from account to wallet, powered by Swift’s transaction tracking capabilities. Swift connects more than 11,500 financial institutions in...

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