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Forward Guidance · Wednesday, September 16, 2026

Dean Curnutt's Career Path in Derivatives

Dean Curnutt, CEO of Makoresk Advisors, shared insights into his career spanning over three decades in derivatives and market structure. He began his career at Ennemora in the early 1990s on a fixed income research desk and later became fascinated with options theory.

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The tape

3 quotes
“I've been doing this a long, long time, three plus decades. So I'm, uh, happy to still be standing and, uh, find, uh, honestly, great joy in just thinking about risk and markets.”
“My career path is, I started at, uh, Ennemora in the early 90s. Got on the desk, uh, at a fixed income research desk in 1991, uh, with an 8 and a half percent tenure, uh, a gigantic term premium.”
“Got just fascinated with options. The theory of option pricing. Um, and that's really been my career. I was at Lehman in the late 90s, Nemora, uh, sorry, BVA from 2000 to 2008.”
Heard on Forward Guidance — “The Market Is Mispricing A Correlation Shock | Dean Curnutt”, published Wednesday, September 16, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06
Dean Curnutt's Career Path in Derivatives — Heardvine