Interdealer broker EBS is considering scrapping the fifth decimal place that it imposed on currency prices less than two years ago as it seeks to repair relations with its core bank customers, several people familiar with the matter told Dow Jones Newswires on Wednesday.

Weeks after the departure of its chief executive and some other senior managers, the ICAP-owned broker is in talks with the biggest banks dealing in foreign exchange in a bid to maintain its role as the premier interbank currencies platform.