Alpaca is set to provide US equities and fixed income options in the Gulf Cooperation Council, while offering US options trading in Malaysia.
Sav, a Gulf Cooperation Council-based autonomous consumer fintech, has partnered with Alpaca, a US-based fintech startup, to offer US investing options in the region. The development reflects the region’s growing demand for foreign investment The partnership will offer investors options to invest in US stocks, exchange-traded funds (ETFs) and high-yield savings account, with additional features like fractional investing, starting from just US$1, and thematic portfolios aligned with glo