Will Cutts promoted to head up CIBC’s global delta one and synthetic prime division
29 July 2021 UK
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CIBC’s Will Cutts has been promoted to director of global markets, delta one and synthetic prime, based in London.
For over two years prior to this, Cutts was based in New York where he set up a multi-asset global synthetic prime brokerage and delta one trading product for CIBC. In this role, Cutts was responsible for the technology selection, implementation and connectivity to all of the bank's downstream sub-systems, support functions and risk management processes.
Additionally, in this role Cutts was responsible for the deployment of new products to London, New York and Toronto, as well as adding new institutional clients and generating new revenue streams to benefit the firm’s prime finance, equity derivatives and wider global equities business.
Prior to CIBC, Cutts spent two-and-a-half years at Capital Markets Consulting as a consultant for the Americas, Asia Pacific and Europe. At Capital Markets, Cutts worked on assignments in the delta one, derivatives, prime finance and corporate treasury business, including the prime finance platform and STP for securities finance products.
Starting in 2012, Cutts spent five years at BNP Paribas in New York as a senior prime finance sales and trader of equity derivatives and securities financing products to institutional investors for the Americas, Asia and Europe, Middle-East and Africa (EMEA).
In the 1990s, Cutts spent seven-and-a-half years working for Salomon Brothers, where he was initially a securities lending and repo trader, before running the synthetic equity finance business for Europe, Middle-East and Africa, as well as some Asia-Pacific markets.
For over two years prior to this, Cutts was based in New York where he set up a multi-asset global synthetic prime brokerage and delta one trading product for CIBC. In this role, Cutts was responsible for the technology selection, implementation and connectivity to all of the bank's downstream sub-systems, support functions and risk management processes.
Additionally, in this role Cutts was responsible for the deployment of new products to London, New York and Toronto, as well as adding new institutional clients and generating new revenue streams to benefit the firm’s prime finance, equity derivatives and wider global equities business.
Prior to CIBC, Cutts spent two-and-a-half years at Capital Markets Consulting as a consultant for the Americas, Asia Pacific and Europe. At Capital Markets, Cutts worked on assignments in the delta one, derivatives, prime finance and corporate treasury business, including the prime finance platform and STP for securities finance products.
Starting in 2012, Cutts spent five years at BNP Paribas in New York as a senior prime finance sales and trader of equity derivatives and securities financing products to institutional investors for the Americas, Asia and Europe, Middle-East and Africa (EMEA).
In the 1990s, Cutts spent seven-and-a-half years working for Salomon Brothers, where he was initially a securities lending and repo trader, before running the synthetic equity finance business for Europe, Middle-East and Africa, as well as some Asia-Pacific markets.
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