Takion has a stock locate platform that enables all users to electronically locate hard-to-borrow (HTB) securities for shorting purposes. With the Takion locator, a client can view all HTBs 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 users' compliance needs by electronically recording the HTB process trail.