Alpaca Partners with Indonesia Stock Exchange to Enable Cross-Border Market Access via PALN

Alpaca and the Indonesia Stock Exchange signed an agreement on September 1, 2026, to explore reciprocal cross-border capital-market access between Indonesia and global markets. Under Indonesia’s PALN mechanism, the parties will examine ways for IDX broker members to offer Indonesian customers access to U.S. and other foreign securities through Alpaca’s execution, clearing, custody, and API-based brokerage infrastructure, while also considering access to Indonesian market products for international brokers and participants. The initiative targets Indonesia’s growing retail investor population, which exceeded 30 million by August 2026, and builds on Alpaca’s existing partnerships in the country with firms including Ajaib, Gotrade, Nanovest, PT Valbury Asia Futures, and Reku. The agreement also supports Alpaca’s broader Asia-Pacific expansion strategy, which includes regional leadership and operations in Southeast Asia and Singapore.

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