The Triple Tape

Brian Stegman

Monday, October 5: Schneider buys PTC. OKX–ICE tokenized stocks. China leans on Anglo–Teck.

OCT 5, 20267 MIN

Description

The Triple Tape — Monday, October 5, 2026. Morning cross-asset open: stocks, crypto, and metals. Takeaway: Schneider Electric agrees to buy PTC for $205 a share; OKX and ICE file for 24/7 tokenized U.S. stock trading; China seeks copper supply guarantees for Anglo–Teck — watch 10:00 a.m. ET ISM Services after Friday's soft payrolls. OKX–ICE joint venture files with the SEC for a 24/7 tokenized U.S. stock venue (60+ companies) SEC clears Cboe listing rule for first 3x bitcoin and ether ETPs (plus 3x gold, silver, crude, nat gas) ICBA sues the OCC over national trust charters for crypto firms Ethereum L2 Blast shutting down Zcash NU7 live on testnet: 25-second blocks Tape: FET +19.3%, VIRTUAL +11.0%, ADA +10.7% Schneider Electric to buy PTC for $205/share cash (~$22.6B equity value) Brazil first round: Flávio Bolsonaro leads Lula; U.S.-listed Brazilian stocks jump premarket Seagate, Western Digital slide on Toshiba hard-drive expansion plan Shionogi to buy IntraBio for $2.0B upfront Friday's September payrolls: +29K, unemployment 4.2% Tape: PTC +34.5%, XP +15.3%, PAGS +13.4% premarket China's SAMR seeks copper concentrate supply commitments for Anglo–Teck approval Freeport: Grasberg ramp-up on track; Q3 gold sales below July forecast Glencore wins RIGI approval for ~$4B Agua Rica (MARA); Alumbrera restart pulled forward Top 50 miners shed $264B in September SHFE copper stocks lowest since January 2024 into China's holiday Tape: platinum +2.4%, silver +2.3% (Kitco); COMEX copper ~+1.6% Today: S&P Global Services PMI 9:45 a.m. ET; ISM Services 10:00 a.m. ET Week: trade balance Tue; FOMC minutes Wed 2:00 p.m.; jobless claims + PepsiCo Thu; Delta Fri Show site: bytewiseapps.com/the-triple-tape