{"product_id":"delta-one-trading-marcus-t-whitfield-9798896655152","title":"Delta-One Trading: Total Return Swaps, Synthetic Positions, and Equity Finance","description":"\u003cp\u003eIn modern equity markets, some of the most important risks and opportunities lie not in options convexity but in the deceptively simple world of linear exposure. This book is written for equity derivatives traders, delta-one and equity finance professionals, structurers, prime brokerage teams, and advanced buy-side practitioners who need a practical command of total return swaps, equity swaps, futures, ETFs, and synthetic positions as they are actually priced, hedged, and managed on a live desk.\u003cbr\u003e\u003cbr\u003eThe book takes the reader from the economic foundations of carry, funding, dividends, borrow, and spot-forward parity into the contractual mechanics of forwards, futures, and TRS. It then develops synthetic long and short construction, basis trading, desk-level TRS pricing, dividend forecasting, specials and stock-loan effects, valuation adjustments, and P\u0026amp;L attribution. Beyond pricing, it covers ETF creation and redemption arbitrage, risk measurement, dividend risk management, liquidity and margin stress, hedge implementation, and the operational controls required to run a resilient delta-one book.\u003cbr\u003e\u003cbr\u003eWhat distinguishes this guide is its practitioner focus: it is organized around workflows, economics, and control frameworks rather than abstract theory alone. Readers should be comfortable with core market terminology, basic derivatives valuation, and fixed-income style discounting, but the treatment is self-contained and structured to build from first principles to institutional application.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Marcus T. Whitfield\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798896655152\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Nobletrex Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/29\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 316\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.93lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.66d","brand":"Marcus T. Whitfield","offers":[{"title":"Paperback","offer_id":50848704823551,"sku":"9798896655152","price":34.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/delta-one-trading-marcus-t-whitfield-9798896655152","provider":"WR Book House","version":"1.0","type":"link"}