RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
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Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
Mar. 31, 2020 |
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Commission income | $ 41,167 | $ 23,348 | $ 71,957 | $ 43,174 | |
Commission expenses | 7,936 | $ 1,471 | 10,381 | $ 2,395 | |
Loans issued to related parties | 107 | 107 | $ 1,477 | ||
Margin lending receivables | 145,218 | 145,218 | 105,892 | ||
Receivables from brokerage | 166 | 3,611 | |||
Accounts payable | 2,474 | 2,474 | 1,879 | ||
Lending payables | 88,617 | 88,617 | 4,306 | ||
Customer liabilities | 178,914 | 178,914 | 26,150 | ||
Brokerage Accounts [Member] | |||||
Restricted customer cash | 15,294 | 15,294 | 25,563 | ||
Cash and cash equivalents | $ 359 | $ 359 | $ 212 |
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- Definition Amount for accounts payable to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow associated with the collection, including prepayments, of loans receivable issued for financing of goods and services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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