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Pepperstone Financial Pty Ltd.-- Australia's biggest forex broker-- has hired New York-based dress shop investment bank Berkshire Capital to recommend the business on strategic choices, consisting of a sale or going public. "We weren't sure if the Australian market would welcome technology-based financial services players however offered OzForex Team'sOFX. AU -1.86 % successful listing, we'll assess the Australian Securities Exchange asASX. AU +0.85 % an option, in addition to NYSENYX -0.42 %, NasdaqNDAQ +5.82 % and the Hong Kong Stock Exchange0388. HK -0.96 %," Pepperstone's Chief Executive Owen Kerr informed MoneyBeat in an interview Wednesday. Australian online foreign exchange professional OzForex has actually rallied 34.5 % since it joined the ASX earlier this month. In July, Pepperstone's smaller competing KVB Kunlun Financial Group Ltd8077. Mr. Kerr said last month that Pepperstone had received multiple takeover offers, all which had actually been turned down. Various other investment banks may be mandated if Pepperstone chooses to pursue an IPO, Mr. Kerr said Wednesday. According to data released by foreign exchange market publication Currency Magnates, Pepperstone is the 11th largest foreign exchange broker worldwide omitting Japan, balancing US$ 71 billion in regular monthly trades in the quarter to Sept. 30.