RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) $ in Thousands |
12 Months Ended | |
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Mar. 31, 2021 |
Mar. 31, 2020 |
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Commission income | $ 198,902 | $ 79,143 |
Receivables from brokerage | 962 | 3,611 |
Margin lending receivables | 9,886 | 105,892 |
Lending payables | 13,810 | 4,306 |
Accounts payable | 339 | 1,879 |
Customer liabilities | 327,610 | 26,150 |
Commission expenses | 20,291 | 3,668 |
Loans issued to related parties | 0 | 1,477 |
Brokerage Accounts [Member] | ||
Restricted customer cash | 156,878 | 25,563 |
Financial liabilities | 1,707 | 0 |
Cash and cash equivalents | $ 12,256 | $ 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 For entities that provide full or partial financing and servicing for customers supplementary to its major operations (such as a manufacturer or a homebuilder providing and servicing loans to buyers), represents the liabilities associated with such activities, including accounts payable and accrued liabilities. 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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