Based on the December performance for the Credit Suisse Long/Short Equity Liquid Index, long/short equity funds ended the year on a high note as managers took advantage of increased equity market opportunities. »

Speed will continue to be the name of the game for US equity brokers, a study published by Tabb Group has found that business demands beyond latency in 2010 may outpace trading technology budgets.   »

NYSE Technologies, the commercial technology unit of NYSE Euronext, has launched a super-low latency market data platform specifically designed for the Tokyo Stock Exchange's new Arrowhead trading platform.  »

BNP Paribas has joined Icap’s EBS platform as an FX prime bank. »

Newedge, a provider of multi-asset brokerage and clearing services, has been granted a full futures licence by the Korea Financial Services Commission for its Korea office. »

The Investment Funds Institute of Canada says based on a sample of preliminary data from some of its members, net assets of the mutual fund industry for the month of December will be between CAD591.9bn and CAD596.9bn. »

Systematic Alpha Management, a New York-based CTA, is launching a product that aims to take advantage of short‐term directional price changes in a portfolio of over 40 global future markets, including fixed income, equity indices, currencies and commodities. »

RBC Dexia Investor Services has been selected by Advent Capital Management to provide custody, fund administration and shareholder services for a specialised investment fund in Luxembourg. »

Penjing Asset Management has entered into a joint venture agreement with Triple A Partners and its affiliates to raise fresh investment capital to help seed start-up hedge funds in the Asian region. »