Variational Details Pro Plan to Automate Institutional OTC Derivatives
Photo: TokenPost
Variational plans to use Variational Pro to automate institutional over-the-counter derivatives trading, a market that often relies on manual negotiations and settlement. Founder and CEO Lucas Schuermann outlined a planned scope that includes options, interest-rate and foreign-exchange derivatives, and structured products. The platform would let institutions request prices from multiple dealers and choose a quote. After a trade is agreed, counterparties would deposit collateral into a separate smart contract. The system is designed to monitor margin, handle liquidation and settle trades using stablecoins.
Source: TokenPost
