OCC part 15 drops the automatic redemption extension
OCC part 15 keeps a two-business-day redemption limit and requires a 24-hour notice when one brand's requests exceed 10 percent of outstanding issuance.
The Industry Spread
TAIEX to 47,111.26 if the CBC discount rate is held
TAIEX closed at 46,096.23 on October 27. The base case is 47,111.26 by December 17 if the CBC again leaves the discount rate at 2%.
TAIEX
47,111.26by December 17, 2026
Wrong below45,676.67
Spot at filing46,096.23
TAIEX to 47,111.26 if the CBC discount rate is held
Soybean meal
$340.00by November 10, 2026
Wrong above$368.80
Spot at filing$346.10
Soybean meal to $340: the flat official-price case
TOPIX
4,000by October 30, 2026
Wrong below3,907.33
Spot at filing3,972.98
TOPIX to 4,000: the 1.25 percent hold case
USD/CZK
21.861by November 5, 2026
Wrong below21.593
Spot at filing21.741
USD/CZK to 21.861 if the two-week repo rate is held
Levels as stated when filed. Not live prices. Analysis, not investment advice.
CFTC carves casino wagers out of the swap definition
Licensed casino wagers fall outside the CFTC swap definition from 19 October 2026. Comments close 18 November 2026. Event contracts remain a separate proposal.
Why client allocation messages must be machine-readable
ESMA74-2119945926-3749 requires machine-readable allocation messages between investment firms and professional clients from December 7, 2026, ahead of EU T+1.
SEC proposes wider fund crosses under Rule 17a-7
The SEC proposal on Rule 17a-7 would let registered funds and BDCs cross level 2 securities. Comments on Release No. IC-36358 close on December 14, 2026.
FirmWhat we foundFiled
ClickfundedThe reward buffer and the split25 OctGoat Funded FuturesIntraday floor once funded24 OctMyFundedPerpsFirst payout locks the loss floor23 OctSolana Funded90% on the page, 80% in the docs21 OctIQ Capital90 per cent, 80/20, or 100 per cent20 OctMyForexFundsMyForexFunds sets 23 November, with no rulebook yet19 OctPivexTwo legal names, and no split in the terms18 OctTraderscale24-hour claim, two-day review clock17 OctMixFundedSales 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 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
PropMarket review: 70/30 on the page, zero in the catalogue
PropMarket suits traders who already price Polymarket or Kalshi contracts inside a 20 per cent target, a 10 per cent trailing drawdown and a 30-day clock. The $250,000 tier and the Academy are weak reasons to pay, and so is any hope that the contract states the split. The homepage sells 70/30, with a paid step to 90/10, while the challenges catalogue records zero. No audited payout total is published, and the only public leaderboard row on 26 October 2026 showed a negative payout.
Keystone wallet says third party obtained shipping data
Keystone wallet says a third party obtained names, addresses and order prices.
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.
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.
Also filed
From the archive
Filed around 27 October in 2025, 2023, 2022 and 20212025
2023
