NEW YORK--(BUSINESS WIRE)--Liquidnet, the institutional equities marketplace, announced today that Scott Harrison has joined the company as Global Head of Product and will be responsible for overseeing, enhancing and building out the company’s product offerings. Based in New York, he will report directly to Liquidnet CEO and Founder Seth Merrin and will be part of the Liquidnet Leadership team.
“Over the last 10 years, Liquidnet created an electronic institutional marketplace where there once was none, then we took that marketplace global. Now we are building solutions for our Members that will change the way they work, add value in ways that until now were not possible, and create new opportunities for enhancing their firms performance,” commented Merrin. “Scott is a trading industry leader with a proven track record building ground-breaking trading solutions for the investment management community. There is no one better to help us continue to bring our trading solutions to this market and change this industry for the better.”
“Having worked in the industry, it has been impressive to watch Liquidnet build a global institutional market for the buy side and become the number one broker in the world. For the past decade, they have been the company to watch and they will continue to be in the years ahead. I am thrilled to be able to join this talented group and have this incredible global platform to create and deliver the kinds of trading solutions that our Member community expects from Liquidnet,” commented Harrison.
Prior to joining Liquidnet, Scott was the CEO of UNX LLC, a leading provider of innovative trading technology solutions, where he was the driving force behind Catalyst, one of the industry’s most unique broker-neutral, trading platforms. He also spent more than 13 years working at Investment Trading Group, Inc. (NYSE: ITG) in a variety of senior level management, sales, and technology roles including Director of Global Trading Products in charge of expanding the company’s trading applications and algorithmic services into global markets. He was also the Director of Product Management for the firm’s equity trading products where he oversaw the management and development of ITG’s Triton and QuantEX product lines. Prior to his career in finance, Mr. Harrison was an accomplished architect working for Skidmore, Owings & Merrill (SOM), one of the foremost architectural firms in the world.
Liquidnet is the institutional equities marketplace, bringing together the world’s largest asset managers and public companies on a single network that directly connects traders, portfolio managers, analysts and corporate issuers. Liquidnet enables its Members to achieve greater performance by moving from investment idea to implementation faster, ultimately retaining more alpha throughout the entire institutional investment cycle. Launched in 2001, Liquidnet extends to 39 equity markets across five continents. Liquidnet is headquartered in New York with offices in Boston, London, San Francisco, Chicago, Toronto, Tokyo, Hong Kong, Sydney and Singapore. For more information on Liquidnet, its liquidity, block executions, and additional investment capabilities, visit www.liquidnet.com.
© 2011 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is regulated by the Financial Services Authority and is a member of the London Stock Exchange and a remote member of the Warsaw Stock Exchange. Liquidnet Canada Inc. is a member of IIROC and a member of Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission as a licensed dealer and a provider of automated trading services pursuant to the Securities and Futures Ordinance and is regulated by the Monetary Authority of Singapore as a Recognised Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is a licensed corporation under the Corporations Act of Australia, AFSL number 312525 and is registered as an overseas company in New Zealand, number 240780.