Alpaca, a provider of brokerage infrastructure APIs, has rolled out two significant upgrades designed to elevate the experience for developers, fintech partners, and investors worldwide. Announced on March 18, 2026, these enhancements underscore the company’s focus on delivering institutional-grade tools that simplify operations and boost performance across global markets.
In the first update, Alpaca has designated Nasdaq Data as its market data supplier for the Broker API.
This strategic alliance grants partners direct access to Nasdaq’s extensive library of more than 250 high-quality datasets, ensuring precise price discovery, transparent trade execution, and robust system reliability.
The move builds on Alpaca’s earlier Nasdaq Exchange membership and aligns with rising demand for sophisticated embedded finance solutions, including trading apps, cross-border investing platforms, and enterprise brokerage systems.
By partnering with Nasdaq Data—renowned for its operational excellence and widespread use among retail brokerages—Alpaca equips its ecosystem with premier data feeds that support scaling across stocks, ETFs, options, fixed income, and cryptocurrencies.
The integration helps fintechs and institutions in over 40 countries serve more than seven million accounts with confidence.
“This designation highlights our dedication to supplying partners with the highest standards of institutional-grade market data while aligning our infrastructure with worldwide market norms,” stated Yoshi Yokokawa, Alpaca’s Co-Founder and CEO.
“It propels our mission to set the global benchmark for modern brokerage technology and broaden financial market access everywhere.”
Complementing this data upgrade, Alpaca has introduced fully automated portfolio transfers through its Trading API and user dashboard.
Leveraging the industry-standard ACATS system, the feature eliminates traditional headaches—lengthy paperwork, back-and-forth communications, and manual asset liquidation—when users switch brokerages or consolidate holdings.
Clients can now transfer stocks, ETFs, and cash balances directly, preserving existing investment strategies without disruption.
Progress is tracked in real time via the dashboard for complete transparency.
To sweeten the transition, Alpaca offers compelling incentives.
Qualifying transfers of $10,000 or more receive a $50 fee reimbursement (applied to the initial transfer per account type and originating brokerage, credited within 30 days of settlement).
Larger moves of $30,000 or above unlock reduced margin borrowing rates at the base Fed Funds rate plus 1.0 percent for six months, along with certain Alpaca Elite perks such as enhanced stock-lending yields and access to the Elite Smart Router.
While most assets move intact, fractional shares and certain non-deliverable items may require liquidation during the process.
Transfers typically avoid immediate tax consequences, though users should verify with their advisors.
These innovations reflect Alpaca’s ongoing commitment to streamlining brokerage workflows and empowering partners to build scalable, user-friendly financial experiences.
Developers and institutions can now leverage superior data accuracy alongside effortless account migration, accelerating innovation in embedded investing and portfolio management.
With both features now live, Alpaca continues to solidify its position as a comprehensive, enterprise-ready infrastructure provider in an increasingly competitive digital environment.