FFutu Holdings provides digital brokerage and market information services through its platforms Futubull and moomoo, serving individual investors and institutions. The platform offers real-time market data, news, social features, and educational tools, plus trading capabilities; it also delivers ESOP solutions, IPO distribution, and IR/PR services under its institutional brand. Revenue comes from brokerage fees, subscriptions, and corporate solutions, with licenses across Hong Kong, Europe, and Singapore to ensure compliant trading. Its goal is to make investing more accessible, transparent, and efficient by combining trading, data, education, and corporate services in one ecosystem.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Central and Western District, Hong Kong
Founded
2012
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Retail trading platforms post record quarters as investor apps multiply. Oct 10, 2026, 14:06 ET VANCOUVER, BC, Oct. 10, 2026 /PRNewswire/ - Wall Street Investor News Commentary - Four publicly listed retail investing platforms now report more than 41 million funded accounts between them, and two of them reported record quarters this summer. The pattern is the same across all of them: more people are managing their own money from a phone, and the platforms competing for them are adding research, data and AI tools alongside the trade button. Active Companies from around the markets include: Robinhood Markets, Inc. (NASDAQ: HOOD), Webull Corporation (NASDAQ: BULL), Futu Holdings Limited (NASDAQ: FUTU), eToro Group Ltd. (NASDAQ: ETOR), Morningstar, Inc. (NASDAQ: MORN). Not every investor needs a brokerage to follow the market. A growing set of free tools sits one step before the trade, built for people who want to watch prices, understand why a stock moved and keep a watchlist without paying for a terminal. Those tools now compete on the same features the brokerages use to win accounts: live quotes, plain-language explanations and AI research. Quote Daddy is one of them. It is a free stock-tracking app for the web, iPhone and Android with live watchlists for U.S. stocks and ETFs, interactive charts, insider activity from SEC Form 4 filings, alerts, and one-tap AI briefings that explain in plain English why a stock moved. It also tracks the latest SEC 13F holdings of well-known investors and congressional disclosed trades. Its research tool, Luxor IQ, turns live prices, a year of trend data, fundamentals, news and analyst ratings into a research note written by AI, with three free reports a day. There is no credit card and no paywall; accounts are free at quotedaddy.com. Below are five listed platforms in the same space, the investor-facing apps and research services that millions of self-directed investors use, and what each reported in its latest quarter. CONTINUED... Read more and open a free account at: quotedaddy.com In other industry developments and happenings in the market this week include: Robinhood Markets, Inc. (NASDAQ: HOOD) Robinhood reported record second quarter 2026 revenue of $1.31 billion, up 32% from a year earlier. Funded customers rose 7% to 28.4 million, total platform assets rose 32% to $369 billion, and Robinhood Gold subscribers grew 39% to 4.8 million. Net deposits were $21.7 billion for the quarter, and the company has scheduled its third quarter results for October 27. Webull Corporation (NASDAQ: BULL) Webull reported second quarter 2026 revenue of $198.8 million, up 51% year over year, and net income attributable to the company of $24.4 million, compared with a net loss a year earlier. Registered users rose 13% to 28.2 million, funded accounts rose 8% to 5.13 million, and customer assets climbed 79% to $28.5 billion. "I'm proud to report a record second quarter for Webull," said CEO Anthony Denier, who credited the rollout of updated active-trader features after the elimination of the Pattern Day Trader rule on June 4. Futu Holdings Limited (NASDAQ: FUTU) Futu, the parent of the moomoo investing app, reported second quarter 2026 total revenues of US$918.2 million, up 35.6% year over year, and net income of US$464.4 million, up 41.6%. Funded accounts grew 33.6% to 3,842,667, registered users reached 31.3 million, and client assets rose 43.6% to HK$1.40 trillion. "Malaysia led new funded account additions for the third consecutive quarter," said Leaf Hua Li, Chairman and CEO. eToro Group Ltd. (NASDAQ: ETOR) eToro, which combines trading with a social investing feed, reported second quarter 2026 net contribution of $229 million, up 9% year over year, and GAAP net income of $53 million, up 77%. Funded accounts rose 18% to 4.28 million and assets under administration grew 10% to $19.2 billion. "We delivered another strong quarter as we continue executing against our long-term strategy," said Yoni Assia, Co-Founder and CEO. Morningstar, Inc. (NASDAQ: MORN) Morningstar, the investment research and data provider, reported second quarter 2026 revenue of $663.2 million, up 9.6%, and operating income of $160.6 million, up 28.4%. Revenue from its Morningstar Direct platform rose 6.2% to $222.1 million and PitchBook revenue rose 4.9% to $174.7 million. "We are continuing to deliver profitable growth with meaningful increases in operating and free cash flows," said CEO Kunal Kapoor. Morningstar plans to report third quarter results on October 28. Understand Any Stock in 30 Seconds Luxor IQ by Quote Daddy turns live prices, a year of trend data, fundamentals, news and analyst ratings into a clear research note written by AI, covering valuation, financial health and key risks. Three reports a day are free on the web, and more with a free Quote Daddy account. Try it at ai.quotedaddy.com. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a market commentary and is not a paid advertisement. It is neither an offer nor a recommendation to buy or sell any security. This article is being distributed by Wall Street Investor (wsi.news), a property of a joint venture between Market Equities Limited, a company incorporated under the laws of Ireland ("MEL"), and Mining Stock, LLC, a Tennessee limited liability company ("Mining Stock"), under which MEL and Mining Stock share in the net profits of the joint venture. This is an independent market commentary published on a non-paid basis. Neither MEL nor Mining Stock has been paid any fee by any company mentioned in this article for its production or distribution, and neither has an advertising or digital media agreement with any company mentioned in this article. The companies mentioned have not reviewed or approved this article. MEL, Mining Stock, and their respective owners, operators, directors, and affiliates may, from time to time, hold positions in securities mentioned in this article or in the broad-market index funds that track them, and reserve the right to buy, sell, or hold such securities at any time without further notice. Information in this article was obtained from sources believed to be reliable, including company news releases and SEC filings, but its accuracy cannot be guaranteed. Investing in securities involves risk, including the possible loss of some or all of your investment. References to the companies named in this article are provided solely as market and sector context and as summaries of each company's own public news releases. They are not partners of Wall Street Investor or Quote Daddy, no affiliation or endorsement is implied, and nothing in this article is a recommendation to buy, sell, or hold any security. Quotations attributed to company executives are reproduced from those companies' own news releases. Financial results cited are for the quarter ended June 30, 2026, as reported by each company. The combined funded-account figure is the sum of the figures reported by Robinhood, Webull, Futu and eToro and is provided for context only. Quote Daddy is not a brokerage and does not execute trades. Quote Daddy Disclosure. Quote Daddy, including its Luxor IQ research tool, is a stock-tracking application owned by MEL, and references to it in this article constitute promotion of an affiliated product. Quote Daddy is not a broker-dealer, and nothing in the application or in this article is financial, investment, tax, or legal advice. Market data provided in the application comes from third-party providers, is for informational purposes only and may be delayed. Any in-app commentary or briefing content is educational only. Luxor IQ reports are generated by artificial intelligence, may contain errors, and are for informational and educational purposes only. Always do your own research before making any investment decision. Forward-Looking Statements: This article may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements made by the companies mentioned in their own news releases. Such statements involve risks and uncertainties, and actual results may differ materially. Readers should review each company's filings with the SEC. SOURCE Wall Street Investor
Futu Holdings reported second-quarter 2026 revenue of HK$7,200.21 million and net income of HK$3,646.78 million, both higher year-on-year. The digital brokerage also recorded trading volumes above HK$6 trillion and secured a new securities licence in Thailand. Futu's Moomoo platform has signed a multi-year partnership with the LPGA to launch the Futu Ladies World Championship in Hong Kong in 2027. The deal supports the company's push to raise brand awareness and grow clients across Asia. Despite record quarterly performance and expanding licences, regulatory risk remains a concern. Proposed penalties from the CSRC and mainland compliance issues continue to weigh on the investment narrative, making geographic diversification increasingly important for shareholders.
Futu Holdings 96 hour deadline alert: Kahn Swick & Foti, LLC reminds investors with losses in excess of $100,000 of deadline in Class Action lawsuit against Futu Holdings Limited - FUTU. NEW YORK & NEW ORLEANS-(BUSINESS WIRE)-Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York. What You May Do If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 833-538-3615 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by August 25, 2026. About the Lawsuit Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company's financial results were overstated; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453. KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services Contacts. Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163 More News From Kahn Swick & Foti, LLC NEW YORK CITY & NEW ORLEANS-( BUSINESS WIRE )-Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Weave Communications, Inc. (NYSE: WEAV) to Francisco Partners. Under the terms of the proposed transaction, shareholders of Weave will receive $7.40 in cash for each share of Weave that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,... NEW YORK CITY & NEW ORLEANS-( BUSINESS WIRE )-Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Translational Development Acquisition Corp. (the "Company") (NasdaqGM: TDAC) and Prologium Holding Inc. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Translational shareholders. If you would like to discuss your le... NEW ORLEANS-( BUSINESS WIRE )-Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Fulcrum Therapeutics, Inc. (NasdaqGM: FULC) and Slate Medicines, Inc. Upon closing of the proposed transaction, Fulcrum shareholders are expected to own 5.0% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to F...
News for rocket scientists. Futu Holdings Limited sued for securities Law violations - contact the DJS Law Group to discuss your rights - FUTU. LOS ANGELES, Aug. 21, 2026 /PRNewswire/ - The DJS Law Group reminds investors of a class action lawsuit against Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: May 24, 2023 to May 27, 2026 DEADLINE: August 25, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Futu operated in China without licensing and approval from the China Securities Regulatory Commission ("CSRC"), putting it at risk of regulatory action in the country. Based on these facts, Futus public statements were false and materially misleading throughout the class period. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Its clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of its clients are extraordinarily valuable assets that demand respect, focus, and results. David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 SOURCE DJS Law Group LLP
Futu Holdings (FUTU) stock: Q2 profit jumps 42% as trading volume hits record HK$6.42 trillion. Futu posts strong Q2 growth as trading activity and funded accounts reach new highs. Tldr. Table of Contents * Futu Q2 net income rises 41.6% as revenue reaches HK$7.2 billion * Trading volume jumps 78.8% to a record HK$6.42 trillion in Q2 2026 * Funded accounts grow 33.6% year over year to reach 3.84 million users * Client assets climb 43.6% to HK$1.40 trillion as market activity rises * Futu expands across Asia while repurchasing about $418 million in ADSs Futu Holdings (FUTU) shares reported stronger second-quarter results as trading activity and client assets expanded across major markets. Net income rose 41.6% year over year to HK$3.64 billion during the quarter. Meanwhile, FUTU stock climbed 2.74% to $112.42 after recovering from an early drop below $110. Futu Holdings profit rises as revenue reaches HK$7.2 billion. Futu generated HK$7.20 billion in total revenue during the second quarter, representing 35.6% annual growth. Brokerage commission and handling income increased 30.3% to HK$3.36 billion. Higher trading activity supported the increase despite a lower blended commission rate. Interest income rose 36.5% from the prior year to HK$3.12 billion. Higher margin financing balances and bank deposits supported that increase during the quarter. Other income also climbed 61.2% to HK$715.8 million. Gross profit reached HK$6.21 billion, representing a 33.9% increase from the comparable 2025 period. However, gross margin declined to 86.3% from 87.4% one year earlier. Operating income increased 33.5% to HK$4.46 billion despite higher expenses. Trading volume hits record HK$6.42 trillion. Total trading volume increased 78.8% year over year to a record HK$6.42 trillion. U.S. stock trading accounted for HK$5.02 trillion of the quarterly total. Strong activity in semiconductor and artificial intelligence-related companies supported the U.S. market increase. Hong Kong stock trading volume reached HK$1.17 trillion during the quarter. Trading activity benefited from semiconductor companies, internet stocks and newly listed artificial intelligence businesses. Overall trading volume also increased 54.6% from the previous quarter. Margin financing and securities lending balances rose 85.1% annually to HK$95.1 billion. The balance also increased 30.5% from the previous quarter. Strong Hong Kong IPO activity and higher leverage use supported the expansion. Funded accounts and client assets continue expanding. Futu ended June with 3.84 million funded accounts, marking a 33.6% annual increase. The company added about 252,000 net new funded accounts during the quarter. Malaysia generated the strongest additions, while Hong Kong and Singapore also supported growth. Total brokerage accounts increased 26.6% year over year to 6.64 million. Meanwhile, total users rose 15.2% to 31.3 million by June 30. The figures reflect continued expansion across Futu's international brokerage operations. Client assets increased 43.6% annually to HK$1.40 trillion at the quarter's end. Wealth management assets reached HK$180.2 billion, representing 10.4% annual growth. Futu expanded its investment offerings across Hong Kong and Singapore during the period. Futu expands products across international markets. Futu continued adding financial products as it expanded its presence outside its established markets. Moomoo launched prediction markets in the United States during June. The company also secured approval for virtual asset financing services in Hong Kong. Futu obtained a Type A license from Thailand's securities regulator during July. The approval positions the company to launch Moomoo Thailand and expand further across Southeast Asia. These initiatives follow earlier expansion in markets including Malaysia and Singapore. The company also continued returning capital through its existing share repurchase program. Futu had repurchased about 3.8 million ADSs by June 30 for roughly $418 million. Diluted net income per ADS increased to HK$26.08 from HK$18.24 one year earlier. Limited Time Offer Get 3 free stock ebooks. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis. * Top 10 AI Stocks - Leading AI companies * Top 10 Crypto Stocks - Blockchain leaders * Top 10 Tech Stocks - Tech giants
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Central and Western District, Hong Kong
Founded
2012
Find jobs on Simplify and start your career today