Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

With volatility returning to currency markets does recent listing OzForex (OFX) fall now onto investor radars

Livewire Exclusive

Livewire Markets

With volatility returning to currency markets does recent listing OzForex (OFX) fall now onto investor radars? Chris Stott from Wilson Asset Management says the stock is a hold however the recent volatility in currency markets could result in a turnaround in new account openings. The biggest negative since the IPO the new account opening, so not enough volatility particularly in the Aussie dollar has certainly produced that result. So given we've seen the selloff in the Aussie dollar in recent weeks, and we think that can continue over the next couple months, that certainly bodes well for OzForex but at the moment on the valuations we look at it is just a little bit expensive. To view the full episode of our Buy Hold Sell video series watch the video on the following link:


Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.