The signing ceremony
Derayah Financial Company ("Derayah Financial") announced the successful technical integration with global platform Alpaca, in a strategic move that will enable non-resident Alpaca clients to trade directly in the Saudi capital market through a state-of-the-art technical framework based on the latest integration technologies.
According to a statement by Derayah, this achievement aligns with Derayah Financial’s strategy to expand the scope of its investment services worldwide, making the Saudi capital market accessible to more than 200 brokers globally using advanced technologies that support efficiency and execution speed. This development further solidifies Derayah Financial’s position as a leading regional platform capable of connecting international investors with local investment opportunities.
Mohammed AlShammasi, CEO of Derayah Financial, said: “The integration with Alpaca opens the Saudi capital market to foreign investors, facilitating easier access and investment in the local market. This partnership reflects Derayah Financial’s commitment to developing advanced digital solutions that meet investor aspirations and reinforce its position as a leading financial platform in the Saudi market with modern and secure mechanisms.”
Yoshi Yokokawa, CEO & Co-Founder of Alpaca, commented: “Today, Alpaca powers hundreds of brokers and wealth managers across more than 40 countries with our clearing brokerage infrastructure that connects asset classes globally. Extending this accessibility to the Saudi capital market—one of the world’s fastest-growing—enables our partners and their investors worldwide to participate directly. We’re honored to contribute to the Kingdom’s ecosystem as it continues to expand on the global arena.”
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