Alphadyne Asset Management hired JPMorgan's Thomas Byuen as a commodity index portfolio manager. Hedge funds like Balyasny and Jain Global have poached big bank commodity traders in recent years. Byuen, global head of commodity index trading, joined the bank in 2012 out of college, according to his LinkedIn profile and industry records. More recently, Jain Global, the most hyped new hedge fund launch in years, hired BofA's Max Lee, head of commodity and FX systematic strategy trading. Commodities is a top strategy at the fund, which brought in ex-Macquarie exec David Hochberg to lead the unit.

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Persons: JPMorgan's Thomas Byuen, —, wasn't, Thomas Byuen, Max Lee, Mike Severo, LMR, Goldman Sachs, Will Scott, Morgan Stanley, Dan Deighton, Balyasny, Deighton's, BofA's Max Lee, David Hochberg Organizations: Asset Management, Jain, Service, Alphadyne, Management, JPMorgan, Verition Fund Management, Balyasny Asset Management, LMR Partners, Commodities, Macquarie Locations: BofA