Quarterly report pursuant to Section 13 or 15(d)

BROKERAGE AND OTHER RECEIVABLES, NET

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BROKERAGE AND OTHER RECEIVABLES, NET
 3 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Brokerage and Other Receivables, Net BROKERAGE AND OTHER RECEIVABLES, NET
Brokerage and other receivables as of December 31, 2021, and March 31, 2021, consisted of:
December 31, 2021 March 31, 2021
Margin lending receivables $ 291,237  $ 58,095 
Receivables from brokerage clients 5,281  4,199 
Long-term installments receivables 1,208  1,280 
Receivable from sale of securities 1,050  484 
Receivable for underwriting and market-making services 812  564 
Bank commissions receivable 429  767 
Dividends accrued 120  1,392 
Bonds coupon receivable 1,717  — 
Other receivables 2,385  56 
Allowance for receivables (1,836) (2,036)
Total brokerage and other receivables, net $ 302,403  $ 64,801 
On December 31, 2021, and March 31, 2021, amounts due from a single related party customer were $156,141 and $8,948, respectively or 52% and 14% respectively, of total brokerage and other receivables, net. Based on historical data, the Company considers receivables due from related parties fully collectible. As of December 31, 2021 and March 31, 2021, using historical and statistical data, the Company recorded an allowance for brokerage receivables in the amounts of $1,836 and $2,036, respectively.