US-based brokerage platform Alpaca has secured clearing memberships with the Options Clearing Corporation (OCC) and the Fixed Income Clearing Corporation (FICC), expanding its self-clearing operations to options and U.S. Treasuries.

The U.S.-based broker already clears equities through the Depository Trust & Clearing Corporation (DTCC).

Expanded Clearing Capabilities

The OCC membership allows Alpaca to clear equity derivatives, while the FICC membership covers U.S. government Treasuries and repurchase agreements. Combined with DTCC access, Alpaca can now clear U.S. stocks, ETFs, options, and fixed income without using third-party clearing brokers.

“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”, commented 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.”

Full Control Over Trade Lifecycle

The approvals give Alpaca direct control from execution to settlement. The firm said this will enable faster trade processing, real-time post-trade visibility, and greater workflow flexibility for its partners.

Earlier in 2025, Alpaca launched U.S.-listed options and U.S. Treasury offerings for partners. The company said these products create new growth opportunities and align with its aim to broaden market access.

Expect ongoing updates as this story evolves.

Source: Finance Magnates