Takion Technologies
Takion Technologies operates a multi-threaded equities and options trading platform with algorithmic smart order routing, co-located at Equinix NY4, serving professional traders and proprietary trading firms with direct access routing, Level 2 data, and SEC 15c3-5 compliant risk management.
- Company typePrivate
- Founded2003
- HeadquartersMadrid, Spain
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Takion Technologies does
Takion Technologies is a private U.S.-domiciled trading technology firm (Takion Technologies, LLC) that operates a multi-threaded equities and options trading platform powered by algorithmic smart order routing. The platform integrates advanced charting, real-time Level 2 and Time-and-Sales data, direct access routing to market makers and ECNs, options chain analysis, sophisticated real-time scanners, customizable hot keys and hot buttons, basket trading, trade alerts, and portfolio management within a unified workspace. Its infrastructure is co-located at the Equinix NY4 data center, with 10GB connections to all major U.S. exchanges and ECNs—including NYSE, NASDAQ Total View, BATS BYX/BZX, EDGX/EDGA, NYSE Arca, and NSX—through which it ingests raw, normalized market data feeds in a proprietary ticker plant. Adjacent product modules include Takion Proximity Hosting (co-location services for client proprietary software), Takion Market Data, the Takion Risk Manager (over 80 customizable risk columns and SEC Rule 15c3-5 Market Access Rule compliance), and the Takion Stock Locator (electronic locate platform for hard-to-borrow securities with compliance trail recording). Founder and CEO Mike Picozzi leads the company.
The company serves three primary user groups: professional equities and options traders requiring low-latency direct market access; proprietary trading firms needing SEC 15c3-5-compliant risk controls and real-time position monitoring; and nonprofessional retail subscribers accessing NYSE market data for personal, non-business use under the firm's NYSE Exhibit B agreement. Distribution is product-led and self-serve, with the platform available as a free Windows download (32-bit and 64-bit MSI/ZIP installers) and supplemented by Cisco VPN installation options. Exclusive channel partners—Great Point Capital and Avatar Securities in the United States, and Vector Trading Solutions for clients outside the continental U.S.—provide indirect distribution. Pricing is quote-based and not publicly disclosed; revenue is generated through recurring platform licensing subscriptions and managed proximity-hosting services.
Takion traces its origin to Andover Trading, founded in 1998 by a team of market and technology professionals. In 2003, Andover was acquired by one of the country's largest market systems and trading technology firms (unnamed in source disclosures) and subsequently rebranded as Takion. The current operating entity, Takion Technologies, LLC, was established with copyright records dating to 2010. The firm has no disclosed venture funding rounds, no publicly identified leadership beyond the founder/CEO, no patents or trademarks on record, and no awards or regulatory actions disclosed; website copyright runs 2010–2023 and the business appears operationally active.
Takion Technologies firmographics
Firmographics- Name
- Takion Technologies
- Legal name
- Takion Technologies, LLC
- Website
- https://takiontechnologies.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Takion Technologies operates a multi-threaded equities and options trading platform with algorithmic smart order routing, co-located at Equinix NY4, serving professional traders and proprietary trading firms with direct access routing, Level 2 data, and SEC 15c3-5 compliant risk management.
- Ownership category
- akta.pro rank
Takion Technologies industry classification
Industry- Product category
- Trading Platform Software
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Asset Electronic Trading Platforms (FSAFANAH)
- akta.pro secondary industries
- Algorithmic Trading & Execution Platforms (FSAFANAN), Liquidity Aggregation & Smart Order Routing (FSADAJAD)
Keywords
Where Takion Technologies is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Takion Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Trading Platform Licensing: Takion generates revenue through software platform licensing to professional traders. The platform is distributed as downloadable software with installation packages for 32-bit and 64-bit systems. The company also offers proximity hosting services for latency-sensitive clients who co-locate at major U.S. trading venues.
- Proximity Hosting Services: Co-location services at major U.S. trading venues including Equinix NY4 data center. Clients can use Takion products or their own proprietary software at these locations, receiving raw or normalized data feeds with 10GB connections to exchanges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Platform Download and Trial |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Takion Technologies product offering
Product offeringCore offering
Takion develops and supplies latency-sensitive direct-access trading software for active and professional traders of U.S.-listed equities and options, delivered through a multi-threaded platform that combines smart order routing, advanced charting, real-time Level 2 market data, built-in risk management, and proximity hosting at the Equinix NY4 data center. The company also offers institutional-grade add-ons such as an Application Programming Interface (API) for programmatic trading, a real-time Risk Manager, a Stock Locator for hard-to-borrow inventory, market data feeds, and a Nonprofessional Subscriber subscription under the NYSE Exhibit B agreement.
Product overview
Takion Technologies offers a unified trading platform (Takion Trading Platform) with several integrated modules and add-on services. The core platform provides algorithmic smart order routing, advanced charting, real-time Level 2 data, direct access routing, options chain analysis, real-time scanners, trade alerts, basket trading, and portfolio management. Supporting modules include Takion Proximity Hosting (co-location at Equinix NY4), Takion Market Data (raw exchange feeds from all major U.S. venues), Takion Risk Manager (SEC 15c3-5 compliant position monitoring), and Takion Stock Locator (hard-to-borrow securities locating with compliance trail). The company traces its roots to Andover Trading (founded 1998, acquired 2003).
Differentiator
Problem solved
Functional benefit
Products and services
- Takion Trading Platform Multi-threaded direct-access trading software for U.S.-listed equities and options that combines smart order routing, advanced charting, real-time Level 2 market data, and built-in risk controls into a single downloadable application for active and professional traders.
- Takion Proximity Hosting Co-location service that hosts subscribers' Takion trading applications inside the Equinix NY4 data center alongside the matching engines to minimize order round-trip latency.
- Takion Market Data Feeds Direct real-time Level 1 and Level 2 market data feeds from primary U.S. equity and option exchanges, delivered inside the Takion platform for professional and nonprofessional subscribers.
- Takion Application Programming Interface (API) Application Programming Interface that allows professional and algorithmic traders to connect their own execution algorithms, automated strategies, and order management logic directly to Takion's smart order router and market data.
- Takion Risk Manager Real-time risk management module that monitors account and firm-level exposure, position limits, and pre-trade risk controls across the Takion trading platform for compliance and proprietary trading firms.
- Takion Stock Locator Stock Locator tool that helps short-side traders find hard-to-borrow inventory and locate availability across counterparties for short equity positions.
- Takion Nonprofessional Subscriber Subscription Self-serve subscription plan under the NYSE Exhibit B market data agreement that enables individual retail traders to obtain real-time market data and use the Takion platform for personal non-business trading of U.S. equities and options.
Quantifiable outcome
- Satisfies SEC 15c3-5 Market Access Rule requirements for trading firms
- +2 more outcomes
Companies that use Takion Technologies
Customer profileSegments3 records
Ideal customer profiles2 records
Takion Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature13 records
Takion Technologies partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Great Point CapitalminorGreat Point Capital is listed as an exclusive provider partner on the Takion Technologies website, appearing in the 'Exclusive Providers' section alongside their logo. They offer the Takion platform through their platform offerings.
- Avatar SecuritiesminorAvatar Securities is listed as an exclusive provider partner on the Takion Technologies website, appearing in the 'Exclusive Providers' section alongside their logo. They offer the Takion platform on their platforms page.
- Vector Trading SolutionsminorVector Trading Solutions is listed as a partner for clients 'Outside the Continental U.S.' on the Takion Technologies website. They provide Takion platform services to international clients with contact email vectorts.com.
- EquinixcoreEquinix NY4 data center serves as the primary co-location facility for Takion's trading infrastructure. The primary servers are located at Equinix NY4, which provides world-class security and reliability. Equinix is interconnected to over 600 networks, making adding venues as simple as a cross connection within the data center.
- NYSEcoreTakion receives market data feeds from NYSE including NYSE Alerts, NYSE Imbalances, NYSE OpenBook, NYSE Trades, NYSE Amex OpenBook, NYSE Arca Book, and NYSE Arca Trades. The company also has an Exhibit B agreement for market data display services with NYSE.
- NASDAQcoreTakion receives NASDAQ Total View, NASDAQ BX Total View, and NASDAQ PSX Total View market data feeds. Clients can connect via 10GB connections to NASDAQ for execution.
- BATScoreTakion receives BATS BYX and BATS BZX market data feeds. Clients can connect via 10GB connections to BATS for execution.
- EDGX/EDGAcoreTakion receives EDGX Depth of Book and EDGA Depth of Book market data feeds. Clients can connect via 10GB connections to EDGX and EDGA for execution.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Takion Technologies competitors and assessment
Company assessmentDirect peers
- FlexTrade Systems: Direct peer: FlexTrade offers multi-asset execution management with algorithmic trading and direct market access, competing for the same professional equities/options trading desks that Takion serves.
- Lightspeed Trader: Direct peer: Lightspeed provides direct market access equities and options trading software with advanced routing and charting for professional and active traders, directly competing with Takion in DMA.
- RealTick (LiquidPoint): Direct peer: RealTick provides a DMA equities and options trading platform with advanced charting, options chains, and direct routing to ECNs — a near-functional match to Takion's feature set.
- Eze Software (SS&C): Direct peer: Eze's EzeEMS execution platform provides multi-broker, multi-asset order and execution management, broadly competing with Takion in equities/options trading technology for buy-side and prop firms.
- DAS Trader Pro: Direct peer: DAS Trader Pro offers a professional equities/options direct-access trading platform with Level 2, hotkeys, and risk controls aimed at active and prop traders, overlapping Takion's primary persona.
- Sterling Trading Tech: Direct peer: Sterling provides an equities and options trading platform with smart order routing, OMS, and risk controls for prop trading firms and broker-dealers — closely overlapping Takion's core offering and customer base.
Broad incumbents
- TradingScreen (Exegy): Broad incumbent: TradingScreen, now part of Exegy, provides institutional trading workflow, market data, and OMS/EMS capabilities across asset classes — overlapping with Takion as a comprehensive trading infrastructure provider.
- CQG: Broad incumbent: CQG provides electronic trading platforms, market data, and order routing across asset classes to professional traders, overlapping with Takion's electronic trading and market data capabilities.
- Bloomberg EMSX: Broad incumbent: Bloomberg's execution management system is a widely deployed institutional trading workflow tool that includes equities routing and order management, often displacing standalone DMA platforms like Takion at larger buy-side firms.
Emerging players
- NinjaTrader: Emerging player: NinjaTrader offers an active-trader platform spanning equities, futures, and forex with charting and order routing; partial overlap with Takion in equities/options DMA and a similar self-serve download model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Takion Technologies social profiles
Digital presenceTakion Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Takion Technologies leadership team
Management profileNumber of profiles
Profiles1 record
Takion Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Takion Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Takion Technologies
What does Takion Technologies do?
Takion develops and supplies latency-sensitive direct-access trading software for active and professional traders of U.S.-listed equities and options, delivered through a multi-threaded platform that combines smart order routing, advanced charting, real-time Level 2 market data, built-in risk management, and proximity hosting at the Equinix NY4 data center. The company also offers institutional-grade add-ons such as an Application Programming Interface (API) for programmatic trading, a real-time Risk Manager, a Stock Locator for hard-to-borrow inventory, market data feeds, and a Nonprofessional Subscriber subscription under the NYSE Exhibit B agreement.
Is Takion Technologies a public or private company?
Takion Technologies is a private company. It is classified as corporate owned and is currently operating.
When was Takion Technologies founded?
Takion Technologies was founded in 2003. It employs 11 to 50 people.
Where is Takion Technologies based?
Takion Technologies is headquartered in Madrid, Spain, in the Europe region.
How does Takion Technologies make money?
Two revenue lines are on record. Trading Platform Licensing is the primary driver. The others are proximity Hosting Services.
Who are Takion Technologies's main competitors?
Direct peers on record are FlexTrade Systems, Lightspeed Trader, RealTick (LiquidPoint), Eze Software (SS&C), DAS Trader Pro and Sterling Trading Tech. Broad incumbents are TradingScreen (Exegy), CQG and Bloomberg EMSX. NinjaTrader is listed as an emerging player.
Does Takion Technologies have an API?
Yes. Takion provides API access enabling users to create unique trading plugins. The API is described as a platform feature allowing custom plugin development. No additional details on protocol type, authentication method, rate limits, versioning, or sandbox availability are provided.
What industry is Takion Technologies in?
Takion Technologies's product category is Trading Platform Software. Its primary akta.pro industry code is FSAFANAH, Multi-Asset Electronic Trading Platforms, with a secondary code of FSAFANAN, Algorithmic Trading & Execution Platforms. Its NAICS code is 5231 and its SIC code is 6200.