Scaling for the Future: IEX Appoints Steven Bonanno as Chief Information Officer

NEW YORK, March 25, 2025 /PRNewswire/ -- IEX Group, Inc. (IEX) today announced the appointment of Steven Bonanno as Chief Information Officer (CIO) to support ongoing company growth and innovation in exchange technology. As a member of the leadership team, he will drive the implementation of the firm's technology strategy, focused on the resilience and scalability of IEX's platforms as the company expands into new markets.

Bonanno's extensive background in multi-asset class exchange technology aligns with IEX's commitment to operational excellence and delivering innovative solutions for competitive markets.

"Technology has always been at the heart of IEX, and as we scale and expand into options, Steve's expertise in building resilient, high-performance trading systems will be key," said Rob Park, Co-Founder and Chief Technology Officer of IEX.

A trading technology veteran, Bonanno joins IEX following his time as CEO of BXS (Best Execution Solutions), where he guided the firm's strategic direction and daily operations. Before that, he served as CIO at DASH, was Chief Technology Officer (CTO) at Direct Edge and held senior positions at Bloomberg, Nasdaq, BRUT ECN, and Instinet.

"As we grow our existing equities business and anticipate expanding into options, building upon our strong technology foundation is more important than ever," said IEX Group President, Bryan Harkins. "Steve understands the complexities of building for multi-asset class operations. We are excited to have him join our team."

This appointment follows a series of strategic initiatives by IEX to enhance its market position, which have resulted in tripling IEX's displayed market share since June 2024 while maintaining quality and performance on the exchange. In addition to its continued momentum in equities, IEX is preparing to enter the U.S. options market, pending SEC approval.

ABOUT IEX
IEX (IEX Group, Inc.) is an exchange operator and technology company dedicated to innovating for performance in capital markets. Founded in 2012, IEX launched a new kind of securities exchange in 2016 with unique architecture designed to deliver superior performance to investors. Today, IEX applies its proprietary technology and experience to drive best in class performance across asset classes, serve all investors, and advocate for competitive markets. IEX Exchange (Investors' Exchange LLC) is a national securities exchange with innovative technology designed to protect investors and improve market quality. We are focused on driving superior trading performance via our proprietary technology, machine learning, data, and expertise.

MEDIA CONTACT
Kevin McGrath
M Group Strategic Communications (for IEX)
+1 718-915-4829
[email protected]

SOURCE IEX Group, Inc.