Read the full judgment text of HCA 001430/1998 on BabelCite. This High Court CFI judgment was delivered on 11 October 2000.
1. The defendant in these proceedings is a dealer in commodities, futures and options, is registered as such under the Commodity Trading Ordinance, Cap 250, and provides a service to its clients by executing their instructions to buy or sell various financial products, for which it receives a commission. These orders are executed, through their office in the USA, mainly on either the Chicago Mercantile Exchange during its main trading session, which is overnight Hong Kong time, or on its electro