July 24, 2023
BXS Hires Steven Bonanno as CEO
New York, 24 July 2023 | BXS, the industry’s leading compliance reporting and analytics solutions provider, today announced the addition of Steven Bonanno as Chief Executive Officer. Mr. Bonanno will be responsible for the company’s daily operations as well as business development, strategic initiatives and assuring BXS clients receive the best possible service and solutions.
Steve brings almost 30 years’ experience working in the equities and electronic trading technology industry. He most recently has been focused on his advisory business, where he provided direction for organizational structure of Technology, Operations and Product Management for several large financial services firms. Prior to that, he was CIO at DASH where he managed ongoing initiatives to modernize infrastructure through implementing best practices for the Blaze Classic OMS environment, and ultimately through the acquisition of DASH by ION. Steve has also served as Global Head of Risk Operations at Bloomberg in the Tradebook agency brokerage business. While there he also served as the Global Head of Alliance Support, leading several key initiatives involving the transition of Tradebook from an executing agency broker model to that of a fintech provider. Before that, Steve was Chief Technology Officer at Direct Edge, where he was responsible for the trading operations and technology of the firm. During his tenure at Direct Edge, he successfully led the firm’s merger with ISE Stock Exchange and the launch of the EDGA and EDGX exchanges. He has also held senior technology positions at NASDAQ, BRUT ECN, MarketXT and Instinet.
“Having known Steve for over 20 years, I look forward to the expertise and wide-ranging knowledge he will bring to BXS” said Ben Calev, Co-Founder and CTO of BXS, “He has led operations and technology organizations at several of the industry’s most innovative trading firms and Stock Exchanges, and we are excited to have him leading our team as we continue to improve the services delivered to our clients with compliance and Best Execution driven solutions.”
Mr. Bonanno added: “BXS offers a diverse suite of high-quality products that broker-dealers, buy-side firms and market centers leverage to meet a range of compliance obligations and realize an array of business benefits with cutting-edge solutions in Trading analytics. I have been a client of Ben, Mike and Roger for over 20 years and have admired their relentless commitment to providing the best possible service and custom solutions. These are the good guys.”
Roger Post, Co-Founder and previous CEO will remain involved with BXS in an advisory capacity.
BXS is a trade data analytics firm that builds cutting-edge technology to deliver high-performance compliance solutions and powerful market insights to broker-dealers, buy-side firms and market centers. BXS focuses on providing Best Execution tools, regulatory reporting, trading analytics and surveillance software across a range of asset classes, which enable market participants to meet a variety of reporting obligations while also unlocking competitive advantages. Founded in 2015 by the team that helped shape the modern regulatory reporting landscape and built on a robust modular platform, BXS combines made-to-measure solutions with exceptional client service, enabling a streamlined, highly intuitive process that minimizes cost.