by Kirk Kjeldsen

Merrin’s Second Wind

The father of buy-side electronic trade order management is back.

Seth Merrin is at it again. The man who created the Merrin Financial Trading System (MFTS)—and buy-side electronic trade order management—is now guiding Liquidnet, a new institutional alternative trading system.

Merrin has never been one to accept the status quo. As the 23-year-old head trader of Oppenheimer’s risk arbitrage department, he saw a need to change the way trading was done. "The

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