Read the full judgment text of HCA 006846/1987 on BabelCite. This High Court CFI judgment was delivered on 12 April 1988.
1. The plaintiff was, at the material time, the broker for the defendant trading in the Hong Kong Hang Seng Index Futures Contracts under the provisions of the Commodities Trading Ordinance, Cap. 250. Suffice it for me to say, without making specific reference to the clauses in the General Agreement For Customer Accounts signed by the defendant, the defendant agreed to engage the plaintiff as broker on the basis of agent and principal on an express indemnity clause.