Beta 2 Limited was a privately held
Forex
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all as ...
and
precious metal trading business located in the City Of London. It went into liquidation in May 2016. Its managing director was Lane Clark. Founded in November 2007 the company was registered by the
Financial Services Authority, FSA reg No. 529092, permitting them to arrange and advise on investments other than
Pension Transfers and Pension Opt Outs.
Founded during the
credit crunch
A credit crunch (also known as a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks. A credit cr ...
of 2007 the company also experienced the
flash crash of 2010.
In January 2011 the company relocated its city offices to
Broadgate Tower
The Broadgate Tower is a skyscraper in London's main financial district, the City of London. It was constructed between 2005 and 2008.
History
The developer for the site was British Land. In February 2005 Broadgate Plaza Ltd, a subsidiary of Bri ...
where it offered services to private individuals as well as corporations and investment funds.
References
External links
Financial Services Authority{{Webarchive, url=https://web.archive.org/web/20090227043541/http://www.fsa.gov.uk/ , date=2009-02-27
Foreign exchange companies
Companies based in the City of London