This FCC process suspends a layer of catalyst in a riser proximate or above the riser outlets. The density at the riser outlets is higher than the flowing density in the riser. The suspended catalyst provides a disengagement zone that enhances the separation of catalyst from product vapors. The riser operates in a manner that prevents any discharge of catalyst from its end. The arrangement also provides a convenient method for vetoing stripping vapors into a closed reactor cyclone system.