Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

“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.”