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Steve D. Swanson

Member at Large

Photograph of Steve D. Swanson

Steve Swanson co-founded Automated Trading Desk (ATD), a pioneer in high frequency trading, in 1989.  In 2001, Swanson was named President and CEO where he was responsible for growing ATD to 7% of US daily equity trading volume.  In 2007, ATD was sold to Citigroup for $680 million.  At Citigroup, Swanson was global co-head of electronic trading for equities.  Since leaving Citi/ATD in 2010, he has been involved with several startups in New York and South Carolina.  Most recently he was the Inside Director of operations and strategy at SnapCap, an alternative small business loan originator which was sold to Lending Tree in 2017 for $21 million.  He currently serves on the board of director at the Bank of South Carolina (NASDAQ:  BKSC) as well as chairing the executive committee of Charleston Angel Partners. He also serves on the boards of directors of Trident United Way, YesCarolina, and serval boards at his alma mater, the College of Charleston.  From 2015 to 2018, he was a member of the Board of Trustees at South Carolina State University tasked with turning around the ailing HBCU.  That board successfully balanced the budget, increased admissions, and reaffirmed its SAC COC accreditation.