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 Holdings, Seth’s vision to build the world’s global institutional trading network that connects leading asset managers with the liquidity they need to trade large blocks of stock securely and efficiently has become a reality. In only ten years, he has built a truly global company, with equities trading extending to more than 630 blue chip asset management firms in 42 equity markets across five continents. Liquidnet continues to be recognized for the value it delivers to its Members – best execution, superior liquidity, and protection for their large orders – with dozens of accolades and awards.
In 2011, Seth was recognized as the “Innovator of the Decade” by Advanced Trading magazine, an honor he has received two decades in a row, and was included in Treasury & Risk Magazine’s “2011 100 Most Influential People in Finance” list. Seth was also ranked in Institutional Investor Magazine’s “2011 Tech 50,“ as one of the executives who “gain a competitive edge by catching the next wave of disruptive innovation” and has been named as Ernst & Young’s “Entrepreneur of the Year Metro New York in Financial Services.”
At Liquidnet, the culture of innovation that has driven its business success also extends to the pursuit of a better world. Seth believes in the potential of one and the impact of many. Since 2007, Liquidnet has committed a portion of its revenues to social causes through Liquidnet For Good, including its signature partnership with the Agahozo-Shalom Youth Village (ASYV) in Rwanda. The ASYV is a home, community and high school for hundreds of orphans and vulnerable children in Rwanda. The ASYV 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.
Seth graduated from Tufts University in 1982 with a degree in Political Science. An active member of the New York Tufts Alliance and a steady supporter of Tufts Hillel, he has donated a number of works of art to the school and has spoken at campus forums on entrepreneurial leadership. He and his wife Anne have established the Merrin Family Scholarship Fund at Tufts, which assists disadvantaged students from the New York City area. Seth was elected to the Tufts University Board of Trustees in 2004.
Last updated: June 5, 2013