The CobraSight Wire
Latest news.
Daily intelligence on the operators, regulators, and capital flows shaping the prop firm industry.
Operators
FundedNext Launches Futures Flex Challenge
FundedNext expanded its futures offering with the Futures Flex Challenge, a single-phase evaluation with EOD trailing drawdown and no daily loss limit aimed at lowering the barrier to simulated futures funding.
By Elena Marsh · May 12, 2026
Industry
Prediction Markets Push Deeper Into Prop Trading via Match-Trade Deal
Match-Trade is building prop-trading infrastructure for prediction market operators, extending the funded-trader model into event-based contract venues.
June 8, 2026
OperatorsATFunded Suspends Prop Trading Operations Pending Full Business Review
ATFX's prop trading unit ATFunded paused operations less than two years after launch, pledging full refunds for active accounts and payouts to funded traders while it evaluates alternative models.
June 6, 2026
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