DislikedI noticed it on their site about two weeks ago... and I asked them about it.
From what I've gathered: A lot of clients were inquiring about CFDs and since Pepper doesn't directly deal with them they setup an agreement with another firm to provide the service. Your account is with the other firm if you go that route, and Pepper helps with the customer service and account setup.
This way, people who want CFDs in addition to their FX account have an avenue of getting them from their trusted source.. without Pepperstone getting distracted from their...Ignored
The Australian CFD market is facing possible market reforms to protect client monies.
Here's link to story on possible CFD market reform.
ABC Inside Business 13/06
http://www.abc.net.au/news/2012-06-1...lation/4067228
Very basic story but may assist someone.