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Freepoint Commodities has hired Jeff Waldron, the former head of the oil derivatives desk at J.P. Morgan.
Waldron recently joined Freepoint in Stamford, Conn., as a senior v.p.
Prior to J.P. Morgan, he worked at RBS Sempra Commodities and UBS, an industry source told SparkSpread.
Separately, Freepoint has also reportedly hired Farzad Askari, lead gasoline trader at Glencore.
He will join Freepoint’s Houston office as part of an effort to expand the firm’s refined products trading book, according to Reuters.