Second-order Greeks are particularly useful for modeling stress scenarios.
In this article we explore the less common or unusual Greeks, of which there are many. We will extend our discussion up to third order Greeks, recognising that each Greek represents a specific partial derivative. The Structured Products Risk Business Intelligence (RBI) from the SRP Greeks platform addresses not only the classic Greeks but also several rarer sensitivities, including DivSens, Charm and Vanna. In this article, we will examine DivSens and Vanna in greater detail and illustrate som