Alaric Securities

Your Trusted European Broker

Alaric Securities is an EU licensed broker-dealer based in Sofia, Bulgaria

Alaric Securities is an FSC-regulated broker-dealer that has been serving professional traders and institutions since 2011. We are committed to providing our clients and partners with professional expertise, outstanding client service, and wide range of opportunities.

By aiming at setting new standards in the global investment products by carefully selecting top notch asset managers and products, we are adhering to the highest standards in the industry.

  • 20 years successful track record in Global Markets
  • Exclusive Access to first class Investment Products
  • Direct Market Access available for the US/EU/JP Markets
  • 500 000 + trades daily 

Our servers are located directly in NYSE, NASDAQ and Frankfurt, providing the fastest execution speed for all the markets. With our extensive broker connectivity, our clients are able to access over 100 order routing destinations, including all U.S. exchanges and deep liquidity dark pools.

We are dedicated to improving the trader experience by consistently expanding our trading technology. Every component of the pre-trade, trade and post-trade cycle is built on the latest technology, securing stable, scalable and latency-efficient environment and performance.

We provide prime and electronic brokerage solutions and digital trading platforms to facilitate multi-asset market access and provide clients of all sizes with professional-grade tools, industry-leading prices and world-class service.

  • Lowest commissions for retail and institutional clients
  • True liquidity for stocks, ETFs, Options and real FX
  • Various options for exposure hedging and risk management
  • Real time executions and no PDT Rule

From low-latecy exceution to high-touch equities and fixed income derivatives, Alaric Securities serves the full spectrum of fund and asset managers, as well as active traders and trader groups. 

Relying on a network of global custodians, we serve a broad spectrum of asset classes, including equities, bonds, derivatives and structured notes, covering clients’ cross-margining needs.

We have the status of a premier broker-dealer in the industry. Our Hammer professional trading platform and trading APIs are ultra-cutomizable and robust trading tools complementing our unparalleled access to multiple exchange and off-exchange venues.

 

Leadership Team

Anton Panayotov
CEO

As CEO of Alaric Securities, Anton leads with over 30 years of capital markets expertise. He founded and built multiple financial ventures, including Alaric Securities (UK) and Alaric Capital AD, creating comprehensive prime brokerage and electronic trading infrastructure. He has positioned Alaric Securities as a leader in prime brokerage services and market connectivity. His strategic vision has transformed the company into a trusted partner for hedge funds and professional traders seeking direct market access and sophisticated execution capabilities. A Drexel University alumnus, he drives the company’s expansion across 39 markets while fostering innovation in electronic trading and institutional services globally.

Nikolay Stoykov
Managing Partner

As Managing Partner at Alaric Securities, Nikolay leads with over 20 years of expertise in global capital markets, derivatives trading, and prime brokerage. His career includes senior roles at The Carlyle Group (Vermillion Asset Management) as Portfolio Manager and trading floor experience at Susquehanna. A University of Rochester alumnus with an MBA from Simon Business School, Nikolay specializes in strategic asset allocation and institutional client relations. He is a published author and globally recognized speaker.

Maria Sivkova
Chief Operating Officer

As Chief Operating Officer at Alaric Securities, Maria oversees operational excellence with over 25 years of capital markets experience. She spent 15 years at Status Invest AD in senior leadership roles, including Director of Operations and Compliance, while managing Sky Asset Management. Since joining Alaric Securities in 2017 and becoming COO in 2019, she has streamlined operations, strengthened regulatory compliance, and enabled the firm’s expansion across European markets. Maria holds degrees in Macroeconomics and International Business Relations.

Ivan Takev
Head of Capital Markets & Investments
As Head of Capital Markets & Investments at Alaric Securities, Ivan brings over 25 years of financial services expertise, including his tenure as CEO of the Bulgarian Stock Exchange. An expert in institutional finance, regulatory compliance, and market infrastructure, he led initiatives that increased international investor participation and market liquidity. A George Washington University alumnus and published author, Ivan combines executive leadership with deep expertise in trading operations and market surveillance. He focuses on developing transparent financial markets through strategic partnerships and institutional innovation.
Yanko Hristov
Head of Sales & Institutional Business Development

As Head of Sales & Institutional Business Development at Alaric Securities, Yanko drives strategic growth and institutional client engagement across global capital markets. With a decade of expertise, including senior leadership at Barclays Investment Bank, he brings deep insight into prime brokerage, institutional sales, and market innovation. A published author, CISI-certified professional, and recognized industry speaker, Yanko advances financial best practices and strategic partnerships. He is dedicated to fostering client success through innovative solutions and market expertise.