High court rules customer who opted from private to intermediate customer status to have been contributorily negligent to his spread betting losses

Emerald - Tập 16 Số 4 - Trang 414-420 - 2008
JoannaGray1
1University of Newcastle upon Tyne, Newcastle upon Tyne, UK

Tóm tắt

PurposeThe article's aim is to report and comment on the High Court case Spreadex Ltd v. Sekhon.Design/methodology/approachThe article outlines the facts surrounding the case and comments on the ruling.FindingsThe High Court rules that a customer who opted from private to intermediate customer status was contributorily negligent to his spread betting losses.Originality/valueThe article shows that there are many points in this decision where either what was revealed by the evidence or the Judge's comments and reasoning will echo beyond the parameters of the case itself.

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