Read the full judgment text of HCCL 000102/1988 on BabelCite. This HCCL judgment was delivered on 28 June 1989.
1. This is another case of trading or speculating, call it what one will, on the Futures Exchange precipitated by the stock market crash on 19th October 1987, the infamous Black Monday. The plaintiff company is, inter alia, a broker in the trading of Hang Seng Index futures contracts, and the defendant was one of its customers. The plaintiff claims $201,825,73 not, it is particularly important to note, upon a general account as is more usual I think in this sort of case, but in respect of essent