Alpaca’s subsidiary, Alpaca Derivatives LLC, has registered with the Commodity Futures Trading Commission (CFTC) as a futures commission merchant (FCM) and is a Member of the National Futures Association (NFA), marking an important step in our expansion into new financial markets.
This milestone broadens our regulated brokerage capabilities and positions us to offer access to event contracts traded on prediction markets. Over time, we plan to introduce a broader range of futures products, subject to regulatory approval.
Tony Lee, our Chief Brokerage Officer, said: “Alpaca is building a one-stop platform for financial companies that want to give their customers access to more markets. Entering a new market often means integrating multiple providers and taking on added operational complexity. By adding event contracts to our platform, we can give partners a simpler way to expand their offerings through the infrastructure they already use to build and scale their businesses.”
Prediction markets are marketplaces where participants trade event contracts tied to the outcomes of future events. Event contracts can help people forecast, plan for, or hedge against real-world outcomes and have been part of regulated US markets for more than two decades. Alpaca sees event contracts as one of several ways modern infrastructure can responsibly broaden access to regulated markets.
Yoshi Yokokawa, our Co-Founder and CEO, added: “As financial markets become more connected and programmable, financial companies need regulated infrastructure that makes it easier to bring new products to market. This milestone expands the range of markets Alpaca can support and strengthens our ability to power the next generation of API-driven and AI-native financial services.”
Interest in prediction markets has grown rapidly as more people seek new ways to express views on a wide range of outcomes. Combined monthly global trading volume across the two leading platforms increased nearly fivefold in seven months to approximately $24 billion in April 2026, according to Pew Research Center, and total market volumes are estimated to reach $240 billion in 2026 and grow to $1 trillion by 2030.
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For existing partners, please contact your Customer Success Manager (CSM) or email the Success team at [email protected].
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Alpaca Derivatives LLC (NFA ID: 0576042) is registered with the Commodity Futures Trading Commission (“CFTC”) as a Futures Commission Merchant (“FCM”) and is a Member of the National Futures Association (“NFA”).
Alpaca Derivatives LLC has not yet commenced regulated business operations as a Futures Commission Merchant.
This material is not an offer, solicitation of an offer, or investment advice, and is not an offer to open an account in any jurisdiction where Alpaca is not authorized to do business.
