“We’ve taken a collateral mirroring agreement and embedded that so we can trade the full suite of OKX products in the derivatives platform,” said Fellas in an interview. “This is a lot more complicated, because you’ve got margin financing, you have to deal with risk mitigation on the downside, for instance; so if the client puts on a huge position and it goes down, how do you deal with collateral calls, etc.”
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- Source: https://www.coindesk.com/business/2023/11/15/crypto-giant-okx-goes-live-with-off-exchange-derivatives-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines