Futu Shares Climb 2.24 Percent as Trading Volume Plummets 62 Percent to $390 Million Ranking 287th in Market Activity

Futu (FUTU) rose 2.24% on October 3, 2025, with a trading volume of $390 million, marking a 62% decline compared to the previous day’s activity. The stock ranked 287th in trading volume among listed equities, reflecting mixed investor sentiment amid evolving market conditions.

Analysts noted that the subdued volume suggests reduced short-term speculative activity, potentially linked to macroeconomic uncertainty. While the price gain indicates some defensive positioning, the sharp drop in turnover highlights caution among traders. The stock’s performance remains closely tied to broader fintech sector dynamics and regulatory developments in its core markets.

To run this strategy accurately I need to clarify a few implementation details: 1. Universe • Which market(s) should the daily-volume ranking be based on (e.g., all U.S. listed common stocks, only S&P 500 constituents, a specific exchange, etc.)? 2. Trade execution assumptions • Entry price: Buy at today’s close or tomorrow’s open? • Exit price: Sell at tomorrow’s close or tomorrow’s open? • Equal-weighting each of the 500 names, or another weighting rule? 3. Transaction frictions • Should we include commissions or bid-ask spread estimates? If so, please specify. 4. Data limitations • Our built-in single-ticker backtest engine can’t directly handle a 500-stock portfolio in one run. • We can proceed in two ways: a) Aggregate the daily equal-weight portfolio return externally (requires exporting and merging data in several steps), or b) Narrow the test to a representative ETF/universe proxy (e.g., the Russell 3000) if that addresses your objective.