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The duty of a dealer to indemnify its stockbroker against losses

  • Rajah & Tann LLP
  • -
  • Singapore
  • -
  • October 6 2011

In Kim Eng Securities Ltd v Goh Teng Poh Karen 2011 SGHC 201, a brokerage firm (the "Plaintiff") brought an action to enforce an indemnity against a dealer (the "Defendant") in respect of losses arising out of share trades executed by the Defendant's clients