User:ChrisLennox1305

Pepperstone Financial Pty Ltd.-- Australia's largest forex broker-- has actually hired New York-based dress shop financial investment bank Berkshire Capital to advise the company on strategic choices, including a sale or initial public offering. 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 a job interview Wednesday. Australian online foreign exchange specialist OzForex has rallied 34.5 % because it joined the ASX earlier this month. In July, Pepperstone's smaller competing 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 Financial investment Market, or PURPOSE. Mr. Kerr stated last month that Pepperstone had actually gotten numerous takeover offers, all which had actually been declined. Various other financial investment banks might be mandated if Pepperstone opts to pursue an IPO, Mr. Kerr said Wednesday. According to information published by foreign exchange industry publication Foreign exchange Magnates, Pepperstone is the 11th biggest foreign exchange broker on the planet leaving out Japan, averaging US$ 71 billion in month-to-month trades in the quarter to Sept. 30.