Read the full judgment text of HCA 001018/1994 on BabelCite. This High Court CFI judgment was delivered on 31 January 1996.
1. The plaintiff is a stockbroker and a member of the Stock Exchange. In its statement of claim, it alleges that the defendant was a customer, and entered into agreement on or about 3 November 1993 (subsequently amended to 4 October 1993) relating to the operation of a cash securities trading account with the plaintiff. In terms of this agreement, the plaintiff was authorised to purchase and sell stocks and shares listed at the Stock Exchange at the defendant's request. The plaintiff says that,