UBS has hired Aaron Poon, Hong Kong head of rates trading at JPMorgan, for a similar role. Poon will start next month and report to Todd Morakis, head of Asian derivatives and bond trading in Tokyo. Morakis did not return calls and Poon declined comment.
At JPMorgan, Poon reported to Chester Kam, managing director and head of Asian rates trading in Hong Kong. Kam was traveling and could not be reached.