FX banks will use HTML5 to build the front-end of their single-dealer platforms (SDPs), according to a survey from Caplin, the technology vendor.

Nomura has restructured its senior FX sales management team, according to two people familiar with the situation.

JB Drax Honoré, the London-based agency broker, has hired Ben Shooter from Credit Suisse to lead its hedge fund FX sales business, according to people familiar with the situation.

Nomura has hired an emerging markets option trader from Credit Suisse, according to two people familiar with the situation.

Flow data from UBS shows investors last week were the heaviest sellers of euro-denominated equities since July 2008, as concerns over the currency block escalated.

BNP Paribas has hired an FX salesman for its institutional FX sales team in New York, a bank spokesperson confirms.

UBS has hired a G10 spot trader in Asia, according to two people familiar with the matter.

Speculators on the Chicago Mercantile Exchange sharply cut their bets on further USD gains last week, reflecting a tentative return of risk appetite.

MarketPrizm, the market data and trading infrastructure provider, has started an FX service, PrizmFx, as it seeks to take advantage of growing interest in FX and the need for faster connectivity to market liquidity.

BNP Paribas has appointed a new head of institutional rates and foreign exchange sales for Asia ex Japan, sources confirm to Asiamoney, a sister publication of EuromoneyFXNews.

Bank of America Merrill Lynch has hired a new head of emerging markets investor FICC sales covering the CEEMEA region, according to two people familiar with the matter.

FXall, the leading multi-dealer platform, has gone live with a service that allows clients to use selected bank algorithms and leave order requests for them to manage.

The Bank of England and Her Majesty’s Treasury are making changes to the terms of fx transactions with market counterparties.

For those wondering why the prospect of further monetary easing is not weighing more heavily on the pound, there is a relatively simple explanation.

China’s central bank’s drive to open an office in Hong Kong is a sign of its desire for greater influence in the offshore renminbi’s development, but it will undercut the authority of the city’s central bank, argues Asiamoney, a sister publication of EuromoneyFXNews.

New-found government resolve in Brazil to avoid additional BRL weakness has materially improved the currency’s outlook, according to a strategist at ING.

Barclays have appointed a new head of LatAm FX options trading, according to LatinFinance, a sister publication to EuromoneyFXNews.

There is plenty of opportunity for China and Japan to promote the use of their currencies in bilateral trade, according to figures from Swift, the financial messaging service.

Santander, Spain’s biggest lender and the UK’s fifth-biggest high street bank, is believed to have hired a trio of FX corporate sales veterans from Royal Bank of Scotland, according to two people familiar with the situation.

Northern Trust has named two global co-heads of FX to replace Peter Gloyne, who is retiring after 18 years at the bank.

New-found government resolve in Brazil to avoid additional BRL weakness has materially improved the currency’s outlook, according to a strategist at ING.

Barclays has hired a senior trader from Deutsche Bank for its emerging markets spot desk, according to two people familiar with the situation.

JPMorgan has hired a senior options trader from Royal Bank of Scotland, according to two people familiar with the matter.

BNP Paribas has launched Cortex iX, which it believes is the first suite of third-generation FX execution algorithms to be offered to the market.

Indonesia Commodity and Derivatives Exchange (ICDX), the country’s leading futures exchange, has won approval to launch 27 currency-pair contracts.

Troy Rohrbaugh, JPMorgan’s global head of FX, has been promoted by the bank and will be relocating from London to New York this summer, a JPMorgan spokesperson confirms.

TradingScreen, the trading technology company, will partner with Zeno Consulting Group, which provides independent trading cost analysis (TCA) to plan sponsors, mutual fund boards and other asset owners, to offer such clients FX TCA tools and services.

FastMatch, a joint venture between Credit Suisse and FXCM, has become the latest firm to launch an electronic communication network (ECN) for foreign exchange and is aiming to become a dominant force in the sector.

Speculators on the CME reduced their record short positions in the EUR for the first time in six weeks ahead of the second round of elections in Greece over the weekend.

Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s second-largest lender, has made two hires in its FX division, according to two people familiar with the situation.