On Civil Liability For The Futures Brokerage Company

What is called the futures broking agents, mainly refer to the futures broking companies, which are built legally and are entrusted by the clients conducting futures transactions for the customers in accordance to the order from the clients and charge. Futures broking companies are bridges which link the futures investors and futures market and offer direct broking service for the investors. As a result, Futures broking agents play a very important role among all the participators in the futures market.The main operation of the futures broking companies attribute to brokerage behavior. The relationship between the futures broking companies and clients belongs to brokerage. As one of the main bodies of the futures market, the futures broking companies play a role of broker. This kind of identity determines its legal position, thus determining its rights and obligations and corresponding basic behavior regulations.The contents of the futures broking companies' civil liability include contract liability and tort liability. As the two supports of civil liability, they cooperate and coordinate with each other and thus form the basic mechanism of civil relief. What is called contract liability refer to infringement to what contracts appoint or what the Contract Law appoint. Herein three questions are mainly discussed including the liability for negligence, carte blanche and execute wrongly.Tort liability (Liability for infringement) refers to the legal consequences that the actors shall accept while infringing the obligations that laws stipulates. From the angels of Law economics and...