Futu's 1.83% Rally on $330M Volume Propels It to 348th in Market Activity

On October 6, 2025, Futu (FUTU) closed with a 1.83% increase, recording a trading volume of $330 million, ranking 348th in market activity. The stock's performance reflects immediate demand amid a mixed broader market environment.

Recent developments suggest renewed investor interest in the company’s trading platform expansion initiatives. A strategic focus on enhancing user experience and cross-border brokerage services has positioned Futu to capitalize on regional market dynamics. Analysts note that operational efficiency improvements, including reduced compliance costs, may further solidify momentum.

To run this strategy robustly, I need to confirm two practical details and explain one current platform constraint: First, the universe selection—whether to base the “top-500-by-volume” on all U.S. common stocks, NASDAQ + NYSE listings, or another regional market. Second, the price convention: whether to execute trades at today’s close and exit at tomorrow’s close, or enter at tomorrow’s open and exit at tomorrow’s close. Third, the platform scope: the back-test engine currently evaluates one ticker or pre-defined basket at a time. To replicate a 500-stock equal-weight portfolio, we must either approximate the strategy using a tradable basket/ETF capturing high-liquidity segments or export all component trades externally for custom aggregation. Please specify your preferred universe, price convention, and implementation path.