Quarterly report pursuant to Section 13 or 15(d)

RESTRICTED CASH

v3.24.0.1
RESTRICTED CASH
 9 Months Ended
Dec. 31, 2023
Restricted Cash [Abstract]  
RESTRICTED CASH RESTRICTED CASH
Restricted cash for the periods ended December 31, 2023, and March 31, 2023, consisted of:
 
December 31, 2023
March 31, 2023
 
Brokerage customers’ cash $ 280,404  $ 328,435 
Guaranty deposits 104,838  116,628 
Restricted bank accounts 8,013  10,436 
Deferred distribution payments 23  23 
Allowance for restricted cash (8,725) (9,994)
Total restricted cash $ 384,553  $ 445,528 
As of December 31, 2023, and March 31, 2023, part of the Group’s restricted cash is segregated in a special custody account for the exclusive benefit of the relevant brokerage customers.