Variational Pro will focus on institutional over-the-counter derivatives, according to community takeaways from a discussion with Variational founder and CEO Lucas Schuermann. The planned coverage includes options, interest rates, foreign exchange and structured products. Variational Pro aims to automate trading through multi-dealer requests for quotes, smart contracts and stablecoin settlement. Some instruments, including options, may eventually become available to retail users through Variational Omni. Variational has partnered with several mainstream institutional partners, and large clients are expected to join Variational Pro soon.
