SECURITIES SOLD, NOT YET PURCHASED - AT FAIR VALUE
|9 Months Ended
Dec. 31, 2022
|Investments, Debt and Equity Securities [Abstract]
|SECURITIES SOLD, NOT YET PURCHASED - AT FAIR VALUE
|SECURITIES SOLD, NOT YET PURCHASED – AT FAIR VALUE
The following table provides a reconciliation of the beginning and ending balances for securities sold, not yet purchased - at fair value by the Company, as of December 31, 2022, and March 31, 2022:
A short sale involves the sale of a security that is not owned with the expectation of purchasing the same security (or a security exchangeable) at a later date at a lower price. A short sale involves the risk of a theoretically unlimited increase in the market price of the security that would result in a theoretically unlimited loss.
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements
No definition available.