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Pepperstone Financial Pty Ltd.-- Australia's largest forex broker-- has hired New York-based dress shop investment bank Berkshire Capital to suggest the company on strategic options, including a sale or initial public offering. "We just weren't sure if the Australian market would welcome technology-based monetary services players but offered OzForex Group'sOFX. AU -1.86 % effective listing, we'll examine the Australian Securities Exchange asASX. AU +0.85 % an option, along with NYSENYX -0.42 %, NasdaqNDAQ +5.82 % and the Hong Kong Stock Exchange0388. HK -0.96 %," Pepperstone's Chief Executive Owen Kerr informed MoneyBeat in a meeting 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 rival KVB Kunlun Financial Team Ltd8077. HK 0.00 % went public in Hong Kong while Plus500 Ltd. PLUS. LN +0.04 % was noted on London's Option Investment Market, or PURPOSE. Mr. Kerr said last month that Pepperstone had received several takeover offers, all which had been declined. Other investment banks may be mandated if Pepperstone chooses to pursue an IPO, Mr. Kerr stated Wednesday. According to data published by foreign exchange market publication Currency Magnates, Pepperstone is the 11th biggest foreign exchange broker worldwide leaving out Japan, balancing US$ 71 billion in month-to-month trades in the quarter to Sept. 30.