Overview: BB&T Bank had encountered a catastrophic outage in their online application system over several days in 2018. Because of this outage, Millions of its customers were unable to access bank’s online website, their Mobile App, their ATM services and their Wire transfer services for 15 hours over several days in 2018. BB&T’s customers were unable to perform any transaction…
Finance
What are the Greeks, and how are they used by hedgers and speculators?
Greeks are factor sensitivities of a derivative price to a unit change in different input variables. They are also referred to as dimensions of risk measures or hedge parameters for any given derivative position. These measures are used by hedgers and speculators in Options trading to gain insight into the perceived risk/reward exposure. Before we…