IQN
IQN Data Solutions Private Limited is a Mumbai-based financial technology provider offering real-time market data terminals, algorithmic trading, and direct market access across global exchanges to brokerage firms, prop trading firms, banks, and investment professionals.
- Company typePrivate
- Founded2005
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What IQN does
IQN Data Solutions Private Limited is a Mumbai-headquartered, India-domiciled private financial information and technology provider that delivers real-time market data terminals, trading infrastructure, and algorithmic execution services to brokerage firms, proprietary trading firms, investment professionals, banks, corporate houses, private investors, and high net worth individuals. The company's product portfolio comprises three platform offerings — IN-Desktop (a real-time financial data terminal focused on commodity and forex markets with customizable workspaces, watchlists, advanced charting, Excel integration, and third-party API compatibility), IN-Mobile (iOS and Android companion application), and Markets.IQ (a multi-vendor aggregation platform with Order Flow/Footprint charts, TPO charts, DOM Surface, Market Screener, Visual Strategy Builder, Backtester, and an Open API for custom indicator/strategy development) — and three service offerings, namely Global Trading Access (direct market access across 12+ global exchanges including CME, ICE, LME, Eurex, DGCX, SGX, TOCOM, BMD, SHFE, HKEX, NYSE, NASDAQ and crypto exchanges), Algorithmic Trading (proprietary and custom Trend following, Arbitrage, Spreads, Statistical Arbitrage, TWAP, and VWAP strategies), and Market Data Feeds (customized data API solutions spanning exchange-traded, OTC, fundamentals, references, economic calendar, historical, technical, crypto, social sentiment, and news data).
The underlying platform architecture combines market data sourced from multiple third-party vendors with analytical tooling, charting, and an open extensibility layer, enabling users to consolidate content from fragmented sources into a single interface and execute trades across global asset classes via clearing firm partnerships. The platform supports multiple asset classes — equities, forex, commodities, futures, options, and cryptocurrency — with reach extending well beyond the company's domestic Indian market.
IQN generates revenue through subscription-based recurring fees across all four streams (terminal access, API feeds, algo trading, and global trading access), employing a sales-led go-to-market with dedicated sales and support phone lines, 'Talk to us' CTAs, and quote-based enterprise pricing via direct outreach. Trial options for IN-Desktop, IN-Mobile, and Markets.IQ support a consideration phase prior to subscription commitment, and pricing is not publicly disclosed.
IQN firmographics
Firmographics- Name
- IQN
- Legal name
- IQN Data Solutions Private Limited
- Website
- https://iqn.in
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IQN Data Solutions Private Limited is a Mumbai-based financial technology provider offering real-time market data terminals, algorithmic trading, and direct market access across global exchanges to brokerage firms, prop trading firms, banks, and investment professionals.
- Ownership category
- akta.pro rank
IQN industry classification
Industry- Product category
- Financial Market Data Terminals and Trading Platforms
- NAICS
- Securities and Commodity Exchanges (52321), Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Algorithmic Trading & Execution Platforms (FSAFANAN)
- akta.pro secondary industry
- Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)
Keywords
Where IQN is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
IQN business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Real-Time Market Data Terminals: Subscription-based access to real-time financial data platforms (IN-Desktop, IN-Mobile, Markets.IQ) providing market data, news, analytics, and trading functionalities. Revenue is generated through recurring subscriptions for terminal access and data services.
- Market Data API Feeds: Customized data API solutions providing real-time, delayed, historical, technical analysis data from exchange-traded assets, OTC markets, fundamental data, reference data, economic calendar, historical data, technical analysis, crypto data, social sentiment, and news feeds.
- Algorithmic Trading Services: Proprietary algorithmic strategies deployed on global markets including Trend following, Arbitrage, Spreads, Statistical Arbitrage, TWAP, VWAP. Custom algo development services provided for in-house trading platform.
- Global Trading Access: Direct market access services through partner brokers enabling trading across multiple asset classes including equities, forex, commodities, futures & options.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
IQN product offering
Product offeringCore offering
IQN provides real-time financial market data terminals and an integrated trading platform portfolio (IN-Desktop, IN-Mobile, Markets.IQ) focused on commodities, forex, equities, futures, options, and cryptocurrency. It complements these software products with services for global direct market access through partner brokers, proprietary and custom algorithmic trading strategies, and customized real-time, delayed, historical, and technical market data API feeds sourced from multiple third-party vendors.
Product overview
IQN offers a portfolio of integrated financial technology products and services. The core product suite includes IN-Desktop (real-time financial data terminal for desktop), IN-Mobile (mobile companion app), and Markets.IQ (advanced trading platform with open API). These are complemented by three service offerings: Global Trading Access (direct market access through multiple clearing firms), Algorithmic Trading (proprietary and custom algo strategies), and Market Data Feeds (customized data API solutions). The products are designed for individual, professional and institutional users including private investors, proprietary trading groups, brokerage firms, banks, and financial institutions.
Differentiator
Problem solved
Functional benefit
Products and services
- IN-Desktop Real-time financial data terminal combining market data, news, and analytics in one intuitive desktop platform. Primarily focused on commodity and forex market data, providing real-time information from multiple exchanges with customizable workspaces, watchlists, advanced charting and Excel integration. Ideal for brokerage firms, trading companies, and proprietary trading firms with exposure to physical commodities, futures, and options markets.
- IN-Mobile Mobile application for iPhone and Android offering alternative access to IN-Desktop for tracking market movements on the go. Includes multiple watchlists, charting and analytics, ready market data pages, and real-time financial information from multiple exchanges.
- Markets.IQ Advanced trading and analytics platform that aggregates data from multiple third-party vendors under a single interface. Includes intuitive watchlists with technical indicators, advanced charting and drawing tools, Order Flow/Foot Print charts, Time Price Opportunity (TPO) charts, DOM Surface with full market depth visualization, Market Screener, Visual Strategy Builder, Backtester, and an Open API for creating custom technical indicators and strategies.
- Global Trading Access Global direct market access service through multiple clearing firms and partner brokers, enabling trading across multiple asset classes—Equities, Foreign Exchange, Commodities, Futures and Options—traded OTC or on leading global exchanges such as CME Group, ICE, LME, Eurex, DGCX, SGX, TOCOM, BMD, SHFE, HKEX, NYSE, NASDAQ, plus Global CFDs, Spot FX, Forwards, NDFs, and Crypto Exchanges. Designed for firms with commodity risk exposure, proprietary trading firms, and high net worth investors.
- Algorithmic Trading Algorithmic trading service providing proprietary strategies deployable across global markets, including Trend following, Arbitrage, Spreads and Statistical Arbitrage, TWAP, and VWAP, along with custom algo development for IQN's in-house trading platform.
- Market Data Feeds Customized market data API solutions providing real-time, delayed, historical, and technical analysis data, aggregating exchange-traded asset classes, OTC data, fundamental data, reference data, economic calendar data, historical data, technical analysis data, crypto data, social sentiment, and news feeds sourced through IQN's data partners.
Companies that use IQN
Customer profileSegments7 records
Ideal customer profiles4 records
IQN technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
IQN partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core.
- CME GroupcoreExchange partnership for futures and options trading access through IQN's Global Trading Access service.
- ICE (Intercontinental Exchange)coreExchange partnership for futures and options trading access through IQN's Global Trading Access service.
- LME (London Metal Exchange)coreExchange partnership for commodity trading access through IQN's Global Trading Access service.
- EurexcoreExchange partnership for European derivatives trading access through IQN's Global Trading Access service.
- DGCX (Dubai Gold and Commodities Exchange)coreExchange partnership for commodity and derivatives trading in Middle East through IQN's Global Trading Access service.
- SGX (Singapore Exchange)coreExchange partnership for Asian derivatives trading access through IQN's Global Trading Access service.
- TOCOM (Tokyo Commodity Exchange)coreExchange partnership for Japanese commodity trading access through IQN's Global Trading Access service.
- BMD (Bursa Malaysia Derivatives)coreExchange partnership for Malaysian derivatives trading access through IQN's Global Trading Access service.
- SHFE (Shanghai Futures Exchange)coreExchange partnership for Chinese futures trading access through IQN's Global Trading Access service.
- HKEX (Hong Kong Stock Exchange)coreExchange partnership for Hong Kong equity and derivatives trading access through IQN's Global Trading Access service.
- NYSEcoreExchange partnership for US equity and equity options trading access through IQN's Global Trading Access service.
- NASDAQcoreExchange partnership for US equity and equity options trading access through IQN's Global Trading Access service.
- Multiple Data Feed ProviderscoreThird-party data vendors providing exchange traded asset classes, OTC, fundamental data, reference data, economic calendar data, historical data, technical analysis data, crypto data, social sentiment, and news feeds aggregated through Markets.IQ platform.
- Multiple Clearing FirmscoreClearing firm partnerships enabling global direct market access through IQN's trading infrastructure for equities, forex, commodities, futures & options across OTC and exchange-traded markets.
- Crypto ExchangescoreCryptocurrency exchange partnerships enabling crypto trading access through IQN's Global Trading Access service.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
IQN competitors and assessment
Company assessmentRegional players
- Zerodha (Kite): Zerodha's Kite platform is India's largest retail trading platform with charting, market data, and direct exchange connectivity. A direct regional competitor to IQN on the Indian brokerage terminal side, though focused more on retail than institutional/prop segments.
- Upstox: Upstox is a leading Indian retail trading platform offering charting, analytics, and multi-asset access. Comparable to IQN as a regional Indian trading platform competitor, with overlapping customer segments among active Indian traders.
Direct peers
- eSignal (Interactive Data / Nasdaq): eSignal provides real-time market data, charting, and analytics across global markets with API extensibility. Comparable to IQN's IN-Desktop and Markets.IQ offerings, particularly on desktop charting and third-party data aggregation.
- MetaQuotes (MetaTrader 5): MetaTrader 5 is a widely-deployed multi-asset trading platform with algorithmic trading, charting, and brokerage connectivity. Comparable to IQN on algo trading (EA framework), multi-asset support, and access to brokers/clearing firms.
- Interactive Brokers (Trader Workstation): IBKR's TWS provides global multi-asset market access, advanced order types, and algorithmic trading. Comparable to IQN's Global Trading Access and algorithmic offerings, with much larger global customer base and direct clearing relationships.
- TradingView: TradingView provides charting, market data, and social trading tools across global asset classes via web and mobile. Highly comparable to Markets.IQ on charting, watchlists, indicators, and multi-asset coverage, with a strong prosumer/professional user base.
Broad incumbents
- Refinitiv (LSEG): Refinitiv, now part of LSEG, operates the Eikon/Workspace terminal — a global financial data and execution platform. Directly comparable to IQN's desktop product, with much larger content, news, and analytics infrastructure.
- Bloomberg L.P. Bloomberg Terminal is the dominant global financial data, analytics, and execution platform across asset classes. Overlaps directly with IQN's IN-Desktop and Markets.IQ offerings, but serves a far broader and more institutional customer base with vastly deeper content libraries.
Emerging players
- MultiCharts: MultiCharts offers professional charting, backtesting, and automated trading with broker connectivity. Comparable to Markets.IQ on Visual Strategy Builder, Backtester, and algorithmic strategy deployment.
Others
- ChartIQ (S&P Global): ChartIQ provides embeddable charting and trading UI components used by fintechs and brokers. Adjacent/ecosystem-comparable to IQN's Markets.IQ platform technology layer, with overlapping customers among brokerage platform teams.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
IQN social profiles
Digital presenceIQN financial estimates
Financial estimateRevenue estimate
Valuation estimate
IQN leadership team
Management profileNumber of profiles
IQN funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IQN 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 IQN
What does IQN do?
IQN provides real-time financial market data terminals and an integrated trading platform portfolio (IN-Desktop, IN-Mobile, Markets.IQ) focused on commodities, forex, equities, futures, options, and cryptocurrency. It complements these software products with services for global direct market access through partner brokers, proprietary and custom algorithmic trading strategies, and customized real-time, delayed, historical, and technical market data API feeds sourced from multiple third-party vendors.
Is IQN a public or private company?
IQN is a private company. It is classified as unknown and is currently operating.
When was IQN founded?
IQN was founded in 2005. It employs 11 to 50 people.
Where is IQN based?
IQN is headquartered in Mumbai, India, in the Asia region.
How does IQN make money?
Four revenue lines are on record. Real-Time Market Data Terminals are the primary driver. The others are market Data API Feeds, algorithmic Trading Services and global Trading Access.
Who are IQN's main competitors?
Regional players on record are Zerodha (Kite) and Upstox. Direct peers are eSignal (Interactive Data / Nasdaq), MetaQuotes (MetaTrader 5), Interactive Brokers (Trader Workstation) and TradingView. Broad incumbents are Refinitiv (LSEG) and Bloomberg L.P.. MultiCharts is listed as an emerging player. ChartIQ (S&P Global) is listed as an others.
Does IQN have an API?
Yes. Markets.IQ features an Open API that allows users to create technical indicators, strategies, and custom tools. The platform integrates data from multiple third-party vendors. Market Data Feeds service provides access to exchange traded asset classes, over-the-counter (OTC) data, fundamental data, reference data, economic calendar data, historical data, technical analysis data, crypto data, social sentiment, news feed and more through customized data API solutions. API type, authentication method, rate limits, and versioning are not specified.
What industry is IQN in?
IQN's product category is Financial Market Data Terminals and Trading Platforms. Its primary akta.pro industry code is FSAFANAN, Algorithmic Trading & Execution Platforms, with a secondary code of FSAFANAA, Equities Trade Execution Platforms (ATS/MTF/ECN). Its NAICS code is 52321 and its SIC code is 6200.