Contingent payments

This function is under development.

Contingent payments allow you to configure an automated payment stream where the payment amount is only known at the time when the payment is due.

The contingent payment contract will be able to consume data such as stock prices or interest rates / swap rates in order to calculate the payment amount.

This way the following types of payments can be automated

• Dividends

• Bond coupon payments

• Interest payments

• Option payouts

• Futures / forwards payouts