Read the full judgment text of HCCL 000051/1988 on BabelCite. This HCCL judgment.
1. The Stack Exchange crash which echoed round the world last October affected other financial markets. One of those was the Hong Kong Futures Exchange. Many hundreds of claims have been made by brokers against their clients for money due in respect of the purchase or sale of Hang Seng Index Futures Contracts. A variety of defences have been put forward to these claims, but in most of the actions the defendant questions the legality of the contracts and asserts that any claim in respect of money
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