Fed extends Regulation O comments on R-1896 to 4 November
The Fed extended Docket R-1896 comments on Regulation O to November 4, 2026. Proposed insider-credit thresholds would rise fourfold, then track nominal GDP.
The Industry Spread
IBEX 35 to 19,232.1 ahead of the October 29 ECB call
IBEX 35 reaches 19,232.1 by October 29, 2026, a 23.6% retracement of the BME drop from the August 11 close. A daily close below 18,821.9 ends the call.
IBEX 35
19,232.1by October 29, 2026
Wrong below18,821.9
Spot at filing19,033.1
IBEX 35 to 19,232.1 ahead of the October 29 ECB call
GBP/SEK
13.0773by 4 November 2026
Wrong above13.28199
Spot at filing13.17497
GBP/SEK falls to 13.0773 by 4 November on krona risk
Bovespa
204,302.33by November 4, 2026
Wrong above209,713.45
Spot at filing209,066.90
Bovespa to 204,302.33 by November 4: record-high fade
LME aluminium
$3,120.00by October 19, 2026
Wrong below$3,017
Spot at filing$3,055.50
LME aluminium retests $3,120 by the 19 October seminar
Levels as stated when filed. Not live prices. Analysis, not investment advice.
Regulation CTX would route a leverage offer onto a DCM
The CFTC’s Regulation CTX notice would treat a retail leverage offer as the trade. What crypto asset market designation would require, next to the UK and MiCA.
Rule 501 notices test knowledge against the wealth gate
Five Rule 501(a)(10) notices would add a FINRA exam, CPAs, CFAs, CFPs and two FINRA licenses. The printed CFP notice sets comments due December 4, 2026.
Cash FX Group complaint maps the unregistered forex pool
Release 9304-26 and the September 24, 2026 complaint allege Cash FX Group took over $950 million in an unregistered forex pool. No penalty has been ordered.
FirmWhat we foundFiled
Vest CapitalProp terms call accounts simulated11 OctOrbit Funded1:1 reward rule reset a payout10 OctWenCrypto80% split, first payout capped at 6%9 OctWhat is a funded accountWhat is a funded account: simulated capital, not yours8 OctFunded Academy12-hour reward vs a 24-hour FAQ7 OctCMC FundedThe payout policy is not published6 OctTradersYardPayout caps and the 50% profit gate5 OctAlpine FundedThe payout that waits for a third withdrawal4 OctAscension Funding24–48 hours is not the payout clock4 OctMeridian FundedZero denials are not in the terms2 OctBest prop firmsBest prop firms in 2026: five payout-checked comparisons2 OctFundingTicksRefunds, an 80% split, and a halted book1 Oct
About these reviews. The Industry Spread reviews prop firms independently. Firms do not pay for reviews and cannot see them before publication. The Industry Spread has no affiliate or referral relationship with the firms covered.
Reviews by Abdelaziz Fathi
InsaneFunding review: an 80% split that starts at 50/50
InsaneFunding suits a trader who reads the challenge rules before paying and accepts a simulated MetaTrader 5 account rather than a brokerage balance. It does not suit anyone who needs one profit-split figure, a published company number, or a payout history as old as the site claims. The biggest caveat: the challenge page pays the first withdrawal 50/50 and later ones 80/20, while the homepage, pricing page and FAQ still say up to 80%. One FAQ line says the split starts at 80% and scales to 80%.
AblePay closes a $20 million Series A led by F-Prime
AblePay closed a $20 million Series A led by F-Prime to scale non-recourse patient payments.
XRP Ledger skipped its vote to close a 2015 mint bug
The XRP Ledger closed a 2015 overflow in xrpld 3.4.1 without an amendment vote.
VT Markets takes best gold trading platform at FinanceFeeds Awards
VT Markets has won Best Gold Trading Platform at the FinanceFeeds Awards 2026, capping a January in which it reported $1.5 trillion in gold turnover.
Axcera Takes Three FinanceFeeds Awards for Prop Tech
Axcera has won three FinanceFeeds Awards 2026 across prop trading technology, infrastructure and multi-asset solutions.
The Broker Back Office Becomes One Data Layer
The constraint on most brokerages is not strategy but infrastructure that cannot pass data between functions.
Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets.
Rick Steves
Rick Steves has seen business and economics through many lenses.
Karthik Subramanian
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem.
Also filed
From the archive
Filed around 12 October in 2025, 2023, 2022 and 20212025
2023
