Quarterly report pursuant to Section 13 or 15(d)

CUSTOMER LIABILITIES

v3.20.4
CUSTOMER LIABILITIES
9 Months Ended
Dec. 31, 2020
CUSTOMER LIABILITIES  
NOTE 11 - CUSTOMER LIABILITIES NOTE 11– CUSTOMER LIABILITIES

 

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

 

 

 

December 31,

2020

 

 

March 31,

2020

 

 

 

 

 

 

 

 

Brokerage customers

 

$ 664,270

 

 

$ 115,922

 

Banking customers

 

 

302,986

 

 

 

52,510

 

Total

 

$ 967,256

 

 

$ 168,432

 

 

As of December 31, 2020, banking customer liabilities consisted of current accounts and deposits of $191,430 and $111,556, respectively. As of March 31, 2020, banking customer liabilities consisted of current accounts and deposits of $25,384 and $27,126, respectively.