Liquidnet Rattles Market Structure Fault Lines with New Corporates Platform

Institutional global network corporate bond platform takes aim at fragmented liquidity in fixed income.

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Seth Merrin, founder and CEO of Liquidnet

New York-based Liquidnet has become an established presence in the equities market, dispensing with the historical model for block trading, which required a human intermediary to sit in the middle and negotiate, to the point that it now boasts 780 asset managers among its members. Now the company has turned its attention to the fixed-income space through the launch of its corporate bond dark pool in September, which, according to company founder and CEO, Seth Merrin, aims to remedy the proble