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Liquidnet Takes Stock Of a Surprise Suitor

Traders Magazine, January 2004

John A. Byrne

Will history repeat itself at Liquidnet? If Seth Merrin's business past is a guide, then Liquidnet might soon be on the block. Back in 1987, just two years after its release, Merrin sold his famous Merrin Financial order management system to Automatic Data Processing. Liquidnet, Merrin's buyside-to-buyside anonymous, negotiated trading system, which lately has demonstrated signs of renewed vitality, is not for sale right now, according to one Liquidnet executive.

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