ESMA shrinks the list for delaying inside information
ESMA's October 16, 2026 final report revises when an EU issuer may delay inside information under MAR. The UK still uses the older mislead-the-public test.
The Industry Spread
Unichain schedules OP Enterprise mainnet move for October 29
Uniswap Labs set Unichain's OP Enterprise mainnet migration for October 29. The chain ID and Uniswap v2, v3 and v4 stay; bridge-free ETH interop has no date.
Soybean oil
68.57 centsby November 10, 2026
Wrong below66.30 cents
Spot at filing67.13 cents
Soybean oil to 68.57 cents by the 10 November WASDE
LME lead
$1,891by January 15, 2027
Wrong below$1,827
Spot at filing$1,854
LME lead to $1,891 by January 15, 2027: stock-draw case
USD/HUF
325.91by October 20, 2026
Wrong below315.70
Spot at filing323.07
USD/HUF to 325.91 by 20 October 2026 if the MNB holds
USD/COP
3,072.27by 30 October 2026
Wrong above3,312.84
Spot at filing3,174.67
USD/COP to 3,072.27 by 30 October 2026 on peso carry
Levels as stated when filed. Not live prices. Analysis, not investment advice.
CP13/26 would lift 128 PRA thresholds with GDP
PRA consultation CP13/26 would index 128 thresholds to nominal GDP from July 1, 2031, then every five years. What stays out, including joint FCA lines.
NFL tells the Supreme Court sports contracts are gambling
The NFL told the Supreme Court on October 8, 2026 that sports event contracts are gambling, not swaps, in New Jersey's ungranted petition, No. 26-299.
What is a broker: the licence test the SEC left standing
What is a broker remains the Exchange Act test for effecting transactions for other people. The SEC order of September 17, 2026 did not waive section 3(a)(4).
FirmWhat we foundFiled
MixFundedSales cards and the rulebook clash16 OctCK Prop80% split, a 3% cap and the buffer15 OctCarrot Funding80% split, contract says simulated14 OctFundedRight80% reward and a Vanuatu operator13 OctInsaneFundingAn 80% split that starts at 50/5012 OctVest CapitalProp terms call accounts simulated11 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 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
Traderscale review: 24-hour claim, two-day review clock
Traderscale suits a forex trader who accepts a simulated account, a stop on every position, and a consistency check before any withdrawal. It does not suit anyone who treats the homepage as the rulebook. The biggest caveat is the clash. The homepage says payment in as little as 24 hours, at up to 90%. The help centre allows up to two business days to review a request and up to three more to pay, and the standard share in the rulebooks is 80% unless a profit-share add-on is attached.
Zaria Systems raises $5.2m while OCC charter stays pending
Zaria Systems raised $5.2 million led by Lightspeed on October 14. The OCC application to charter Zaria National Trust Bank is still pending, not an approval.
Unichain schedules OP Enterprise mainnet move for October 29
Uniswap Labs set Unichain's OP Enterprise mainnet migration for October 29.
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.
Karthik Subramanian
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem.
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.
Also filed
From the archive
Filed around 17 October in 2025, 2023, 2022 and 20212025
2023
