Cuttone & Company, a full-service institutional broker providing a range of execution services and prime brokerage solutions, has launched Cuttone Global Prime Solutions (GPS). Building on the firm’s existing prime brokerage services offerings, Cuttone GPS is a front-to-back office solution for hedge fund managers. Combining a complete support infrastructure for hedge fund administration with an equities and options trading team, Cuttone GPS enables hedge fund managers to focus more on managing their portfolio of investments.
Cuttone GPS is the leading independent prime brokerage and securities lending platform combining high- and low-touch trade execution with direct access to point of sale liquidity on the New York Stock Exchange. This service also provides best-of-breed advanced trading tools to manage complex order flow across all US markets and 58 international equities and equity derivatives markets. Providing best execution with a high level of service, Cuttone GPS equips hedge fund managers with a robust multi-asset, multi-currency portfolio reporting tool. Cuttone GPS also gives hedge fund managers access to a comprehensive set of services, including capital introduction consulting, execution consulting services and a full-range of soft dollar and client commission agreement options. “Hedge fund managers are now more than ever in need of an independent, low-risk prime brokerage solution that provides a service-oriented support structure to reduce the increasing administrative burdens of managing money,” said Fredrick Scuteri, svp and head of prime brokerage services at Cuttone, in a press release. “Cuttone GPS reinforces our commitment to provide the highest level of service and trading expertise to our existing clients while extending those services to new clients.”