FCA CP26/34 maps the 2028 transaction-reporting switch
CP26/34 maps the FCA's April 3, 2028 transaction-reporting switch, from correction rules and the User Pack deadline to the gap with EU MiFIR and the US CAT.
The Industry Spread
Asaas places a third R$300 million receivables fund
Asaas places a third R$300 million receivables fund, not new equity. S&P rates the R$280 million senior shares AAA, and Asaas keeps R$20 million subordinated.
GBP/NOK
12.5480by November 5, 2026
Wrong above12.7558
Spot at filing12.6607
GBP/NOK to 12.5480 by November 5: the rate-gap case
LME zinc
$3,550by November 20, 2026
Wrong above$4,060
Spot at filing$3,811
LME zinc to $3,550 by November 20 as stocks hit highs
NZD/CHF
0.47155by December 10, 2026
Wrong below0.46390
Spot at filing0.46635
NZD/CHF to 0.47155 by December 10: the OCR carry case
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
Levels as stated when filed. Not live prices. Analysis, not investment advice.
Rundschreiben 14/2026 narrows BaFin's CRR ancillary test
Rundschreiben 14/2026 adopts the EBA ancillary-services guidelines and narrows BaFin's dependence test on banking activity under CRR Article 4(1)(18).
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.
FirmWhat we foundFiled
InsaneFundingAn 80% split that starts at 50/5012 OctVest 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 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
FundedRight review: 80% reward and a Vanuatu operator
FundedRight suits a CFD trader who reads the contract before paying and can live with an 80% reward, a five-day or 14-day cycle, and simulated prices. It does not suit anyone who needs a regulated broker, a weekend hold, or a trade inside the five-minute news window. The biggest caveat is the counterparty. Funded-account terms updated on 9 September 2026 name FX-EDGE V LTD of Port Vila, not the Albuquerque LLC in the footer, and they say those terms prevail over the website. The firm publishes no audited payout total.
Asaas places a third R$300 million receivables fund
Asaas places a third R$300 million receivables fund, not new equity.
Blur will deprecate its NFT frontend on November 12
Blur will deprecate its NFT frontend on November 12, 2026. The on-chain protocol and fee switch stay live, while Blend stops matching new loans the same day.
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.
Rick Steves
Rick Steves has seen business and economics through many lenses.
Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets.
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 13 October in 2025, 2023, 2022 and 20212025
2023
