TVS  Calculator
Simulate the Performance of Potential Tranched Value Securities
Here you are able to assess the potential performance of Tranched Value Securities (TVS) that you can issue, buy and sell on The Calculator allows you to input custom parameters that you wish your TVS to have when you issue them on
Please choose the underlying asset you wish to securitize:
Please choose the assumed securitization date:
Please choose how many TVSs you wish to be issued*:
* Please keep in mind that while in real trading you are free to issue as many value tranches as you wish, we do not advise on issuing over 10 tranches within the single transaction as the less value is being left for each TVS, the more volatile and risky each of them might become.
Please choose the parameters of Tranched Value Securities (TVS) you wish to issue:
Assigned Name
Variable Value Share (%)
Fixed Value Share (US$)
Implied 7d Price Change (US$)
Simulated Performance
Return Correlations
Combined Price Data for N TVS and Underlying (US$)
Securities Performance (Limited to -100% to +100%)
This is a simulated performance which might or might not differ from the actual market trading activity. The simulated price performance indicates a theoretical intrinsic market price at which securities can be offered, however, it excludes various potential discounts and premiums which might result in significantly or insignificantly different actual market prices. Past performance is not a guide to future performance. Investors may not get back the full amount invested. Performance is calculated based on the daily periods. Performance figures are calculated gross of trading fees. These figures show by how much the simulated Tranched Value Securities (TVS) increased or decreased in market value during the period being shown. Performance is calculated in United States Dollars (USD), if applicable. Tranched Value Securities (TVS) is a new type of financial derivatives and might involve risks and not be suitable for all investors. Furthermore, TVS being a new type of derivative might involve risks which typically don’t correspond to other derivatives and currently unexplored. Before trading, clients must ensure complete understanding and awareness of the financial derivative being traded, and if necessary, consult with appropriate specialists.
Alter Securities™ is a service mark and/or trademark of Alter Securities. Supporting documentation for any claims and statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

The risk of loss in online trading of stocks, options, futures, forex, foreign equities, fixed income and derivatives can be substantial.

Derivatives involve risk and are not suitable for all investors. For more information read the "Characteristics and Risks of Derivatives". Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures document - Warning and Disclosures. Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment.

The Company has filled a patent application with the World Intellectual Property Organization (WIPO) for the Tranched Value Securities™ (the “TVS™”) instrument. The current status of the patent is patent pending, therefore, any use or reference to the Tranched Value Securities™ might be subject to the local patent laws and regulars and should be done after the official approval from the Alter Securities Limited. Unauthorized use without the Alter Securities Limited consent, reference to or commercialization of Tranched Value Securities™ is subject to legal proceedings and financial penalties.
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