Monday, May 7, 2007

Liquidnet CEO says may go public in '08

(Reuters) - Liquidnet, founded by Merrin in November 1999, caters to big institutional investors who want to trade stock without using traditional brokers and exchanges. The company has attracted significant market share in the United States and Europe, taking advantage of the accelerating shift from human trading to automated electronic systems worldwide.

Major owners of the closely held company include private equity firm Thomas H. Lee Partners, Merrin and Liquidnet employees, Merrin said.


Read more at Reuters.com Business News

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