A cutting apparatus for an elongate wire is provided, and includes a housing that supports a first cutter that has a body, a recess, and a cutting blade. The cutting blade is disposed upon a wall of the body that defines the recess, the first cutter is fixed with respect to the housing. The housing additionally supports a second cutter that has a body, a recess, and a cutting blade, wherein the cutting blade is disposed upon a wall of the body that defines the recess. The second cutter is normally positioned with respect to the first cutter such that the recess of the first cutter is aligned with the recess of the second cutter, and is movable to a second position where the recess of the second cutter translates with respect to the recess of the first cutter, such that the respective cutting blades translate toward each other.