Takion enables clients to co-locate at major U.S. trading venues. Proximity hosting is important to latency sensitive clients. Takion gives the client the opportunity to use Takion products or their own proprietary software at these locations. At these locations, the client can receive raw data from the exchanges or a normalized data feed.
Takion has a stock locate platform that enables all users to electronically locate hard to borrow securities for shorting purposes.
With the Takion locator a client can view all HTB’s and sort by over 50 columns like Symbol, Exchange, Cost to Borrow, Trading Status, Circuit Breaker Status and Shares Already Borrowed.
The Takion Locator also meets the compliance needs for users by recording the electronic trail of acquiring of the HTB’s.