Annual report pursuant to Section 13 and 15(d)

NET GAIN ON TRADING SECURITIES

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NET GAIN ON TRADING SECURITIES
 12 Months Ended
Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
NET GAIN ON TRADING SECURITIES NET GAIN ON TRADING SECURITIES
For year ended March 31, 2023, 2022 and 2021, net gain on trading securities included the following:
Year ended
March 31, 2023
Year ended
March 31, 2022
Year ended
March 31, 2021
(Recasted) (Recasted)
Net unrealized gain/(loss) recognized during the reporting period on trading securities still held at the reporting date $ 107,310  $ (50,987) $ 8,672 
Net (loss)/gain recognized during the period on trading securities sold during the period (36,226) 206,239  20,135 
Net gain recognized during the period on trading securities $ 71,084  $ 155,252  $ 28,807 
The Company held SPB Exchange shares and SPB Exchange ETF units in its proprietary account as of March 31, 2023, March 31, 2022 and March 31, 2021 at fair value of $478, $18,408, and $11,259, respectively.
During the year ended March 31, 2023, the Company sold 7,500,000 SPB Exchange shares and realized loss from sale in the amount of $73,384, which included $50,785 of unrealized net loss recognized during previous periods that was reclassified to realized net loss during the year ended March 31, 2023.
As a result, during the year ended March 31, 2023, the Company recognized net gain on trading securities of $71,084, which included $36,226 of realized net loss and $107,310 of unrealized net gain.