Futu’s Stock Surges 5.6% on 103.8% Volume Jump Ranks 138th in U.S. Trading Activity

On September 24, 2025, Futu (FUTU) saw a 5.61% rise in share price with a trading volume of $0.73 billion, marking a 103.83% surge from the previous day’s volume. The stock ranked 138th in terms of trading activity among listed equities.

Recent market dynamics suggest heightened short-term interest in Futu’s stock, driven by shifts in investor sentiment toward tech-driven brokerage platforms. The significant increase in trading volume reflects speculative positioning ahead of potential earnings releases or strategic announcements. Analysts note that liquidity spikes often precede near-term volatility, though long-term fundamentals remain tied to broader market conditions and regulatory developments in the fintech sector.

A back-test strategy involving daily rebalancing of the top 500 U.S. stocks by dollar volume, with equal weighting and no transaction costs, would require confirmation of implementation parameters. Key metrics to evaluate include cumulative returns, annualized volatility, maximum drawdown, and Sharpe ratio compared to the S&P 500 benchmark. The proposed framework assumes daily close-to-close holdings with immediate exits, focusing on short-term liquidity trends rather than fundamental analysis.