Quarterly report pursuant to Section 13 or 15(d)

MARGIN LENDING AND TRADE PAYABLES

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MARGIN LENDING AND TRADE PAYABLES
 9 Months Ended
Dec. 31, 2023
Accounts Payable [Abstract]  
MARGIN LENDING AND TRADE PAYABLES MARGIN LENDING AND TRADE PAYABLES
As of December 31, 2023, and March 31, 2023, margin lending and trade payables of the Group were comprised of the following:
December 31, 2023
March 31, 2023
Margin lending payable $ 120,034  $ 117,144 
Payables to merchants 16,152  382 
Payables to suppliers of goods and services 6,683  2,965 
Trade payable for securities purchased 479  482 
Other 2,456  1,927 
Total margin lending and trade payables $ 145,804  $ 122,900 
As at December 31, 2023, and March 31, 2023, margin lending payable due to a single related party was $227 or 0% of total margin lending payable and $3,239 or 3% of margin lending payable, respectively.
The fair value of collateral by the Group under margin loans as of December 31, 2023, and March 31, 2023 was $777,616 and $164,861, respectively.