Quarterly report pursuant to Section 13 or 15(d)

CUSTOMER LIABILITIES

v3.20.2
CUSTOMER LIABILITIES
6 Months Ended
Sep. 30, 2020
CUSTOMER LIABILITIES  
NOTE 12 - CUSTOMER LIABILITIES

NOTE 12 - CUSTOMER LIABILITIES

 

The Company recognizes customer liabilities associated with funds held by our brokerage and bank customers. Customer liabilities consist of:

 

 

 

 

September 30,

2020

 

 

March 31,

2020

 

 

 

 

 

 

 

 

Brokerage customers

 

$ 317,314

 

 

$ 115,922

 

Banking customers

 

 

208,615

 

 

 

52,510

 

Total

 

$ 525,929

 

 

$ 168,432

 

As of September 30, 2020, banking customer liabilities consisted of current accounts and deposits of $182,188 and $26,427, respectively. As of March 31, 2020, banking customer liabilities consisted of current accounts and deposits of $25,384 and $27,126, respectively.