IEX prepares for expansion with tech veteran hire

US equities secondary trading venue IEX has appointed Steven Bonanno as chief information officer.

In the New York-based role, Bonanno is responsible for leading IEX’s technology strategy and scaling platforms as it expands.

The company is currently planning to enter the US options market, subject to SEC approval.

Bryan Harkins, group president of IEX, commented: “As we grow our existing equities business and anticipate expanding into options, building upon our strong technology foundation is more important than ever. Steve understands the complexities of building for multi-asset class operations.”

Bonanno has more than 35 years of industry experience, most recently serving as CEO of Best Execution Solutions. Prior to this, he was chief information officer at DASH Financial Technologies.

Earlier in his career, Bonanno held senior roles including global head of operational risk and alliance support at Bloomberg and chief technology officer at Direct Edge, which operated the EDGA and EDGX equity trading platforms before merging with BATS Global Markets (now Cboe Global Markets).

“As we scale and expand into options, Steve’s expertise in building resilient, high-performance trading systems will be key,” noted Rob Park, co-founder and chief technology officer at IEX.

©Markets Media Europe 2025

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©Markets Media Europe 2025

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