Alpaca registers as NFA member and futures commission merchant for prediction markets
Alpaca said it had become a National Futures Association member and registered as a Futures Commission Merchant with the Commodity Futures Trading Commission. The company said the registrations enable it to offer access to event contracts through its brokerage capabilities, but it has not started FCM operations or announced a launch date.
The registrations enable Alpaca to offer event-contract access, but clients cannot yet rely on a launch date.