Seth Merrin is an entrepreneur, global business leader and philanthropist who has reinvented how Wall Street can work for good and use technology to make the markets safer and more efficient for investors. As founder and CEO of Liquidnet, Seth has built a different kind of financial services company that is dedicated to rewiring the asset management industry by eradicating market inefficiency, driving investment performance and enabling the efficient flow of investable assets around the world.
As the global institutional trading network, Liquidnet connects more than 700 of the world’s leading asset managers to large-scale equity trading opportunities in 43 equity markets across five continents. Today, asset managers rely on Liquidnet to help them protect the performance of their portfolios by allowing them to trade more efficiently benefitting the millions of people who invest in mutual, managed, retirement, or other equity investment funds. Liquidnet continues to be recognized for the value it delivers—best execution, superior liquidity, and protection for large orders—with dozens of accolades and awards including being named the #1 Broker in the World by Abel/Noser two years in a row.
Seth’s broader vision to create an efficient flow of capital and open up new investment destinations around the world led to a partnership with the Milken Institute. In 2013, Seth was named Chairman of the Milken’s Institute’s Access to Global Capital Initiative, developed in partnership with Liquidnet, which brings together leading multinational firms and foreign governments in developing and emerging markets committed to implementing best-practices that enable economic growth. Recently, the Access to Global Capital Initiative announced a partnership with the Tony Blair Africa Governance Initiative in order to enhance governance, increase transparency and foster growth.
Seth continues to be recognized for his contribution to improving financial markets. Seth was named as the “Innovator of the Decade” by Advanced Trading, an honor he has received two decades in a row, and was included in Treasury & Risk’s “100 Most Influential People in Finance” list. Seth also continues to be ranked in Institutional Investor’s “Tech 50” and has been named as Ernst & Young's “Entrepreneur of the Year Metro New York in Financial Services.” Today, Seth is a sought-after thought leader on market structure and management and is invited to speak regularly with regulators around the world and the industry at prestigious events including: the World Exchange Congress, Federation of European Securities Exchanges and the Milken Institute Global Conference.
Seth’s ability to anticipate and meet the needs of investors is supported by the unique culture he has built at Liquidnet - one that is focused on the sharing of knowledge and the pursuit of innovation. This extends to the pursuit of a better world. Through Liquidnet for Good the company is helping to define a new vision for how progressive companies can re-imagine the total impact they can have on communities, the world, and ways to improve society. This approach is designed to harness the full spectrum of the company’s resources to create value beyond financial return. Liquidnet’s signature project with the Agahozo-Shalom Youth Village (ASYV) in Rwanda represents Seth’s vision for how companies and their employees can solve problems outside the walls of their own businesses.
Prior to founding Liquidnet, Seth co-founded VIE Systems Inc., a financial services application integration software company. Seth founded his first company, Merrin Financial, in 1985, launching the industry's first order management, compliance and electronic order routing systems for asset managers. At first embraced only by cutting edge firms, these technologies are now standard on virtually every trading desk in the U.S. ADP acquired Merrin Financial in 1996. Prior to 1985, Seth was a Risk Arbitrage Trader for CIBC Oppenheimer.