Floquet topological insulators are topological phases of matter generated by
the application of time-periodic perturbations on otherwise conventional
insulators. We demonstrate that spatial variations in the time-periodic
potential lead to localized quasi-stationary states in two-dimensional systems.
These states include one-dimensional interface modes at the nodes of the
external potential, and fractionalized excitations at vortices of the external
potential. We also propose a setup by which light can induce currents in these
systems. We explain these results by showing a close analogy to px+ipy
superconductors