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Pepperstone Financial Pty Ltd.-- Australia's biggest foreign exchange broker-- has actually employed New York-based boutique financial investment bank Berkshire Capital to suggest the business on strategic options, consisting of a sale or going public. AU +0.85 % a choice, along with NYSENYX -0.42 %, NasdaqNDAQ +5.82 % and the Hong Kong Stock Exchange0388. HK -0.96 %," Pepperstone's Chief Executive Owen Kerr told MoneyBeat in an interview Wednesday. Australian online foreign exchange professional OzForex has rallied 34.5 % because it signed up with the ASX earlier this month. In July, Pepperstone's smaller competing KVB Kunlun Financial Team Ltd8077. Mr. Kerr said last month that Pepperstone had actually gotten several takeover offers, all which had been rejected. Other financial investment banks might be mandated if Pepperstone opts to pursue an IPO, Mr. Kerr stated Wednesday. According to data released by foreign exchange industry publication Forex Magnates, Pepperstone is the 11th largest foreign exchange broker on the planet leaving out Japan, balancing US$ 71 billion in monthly trades in the quarter to Sept. 30.