Alpaca Names Nasdaq Data as Preferred Market Data Provider for Broker API
Blog post from Alpaca
Alpaca, a prominent provider of brokerage infrastructure APIs, has designated Nasdaq Data as its preferred market data provider for its Broker API, enhancing its global brokerage infrastructure with reliable and high-quality market data. This partnership builds on Alpaca's recent Nasdaq Exchange Membership and aims to connect global partners with Nasdaq's extensive catalog of over 250 datasets, supporting accurate price discovery, transparent execution, and institutional-grade system performance. With this collaboration, Alpaca reinforces its commitment to scaling its brokerage services across asset classes and geographies, further establishing itself as a leader in modern brokerage infrastructure. The alliance, which supports Alpaca's vision of enabling embedded brokerage and cross-border investing, is seen as a step towards offering enterprise-ready solutions to partners in more than 40 countries. Alpaca continues to provide diverse financial solutions, including tokenization and securities lending, while maintaining a strong focus on compliance and risk management across various financial products and services, including stocks, ETFs, options, fixed income, and cryptocurrencies.