Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v3.24.0.1
RELATED PARTY TRANSACTIONS (Tables)
 9 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table presents related party transactions as of December 31, 2023, and March 31, 2023:
December 31, 2023
March 31, 2023
Related party balances
Total category as per financial statements captions
 Related party balances
Total category as per financial statements captions
ASSETS
Cash and cash equivalents $ —  $ 561,883  $ 35,549  $ 581,417 
Companies controlled by management
 —  35,549 
Restricted cash 67,215  $ 384,553  $ 114,885  $ 445,528 
Companies controlled by management
 67,215  114,885 
Trading securities
 $ 16,220  $ 3,680,453  $ 556  $ 2,412,556 
Companies controlled by management
 16,220  556 
Margin lending, brokerage and other receivables, net
 $ 43,241  $ 961,392  $ 295,611  $ 376,329 
Management 14,036  4,209 
Companies controlled by management
 29,205  291,402 
Loans issued $ 144,289  $ 1,346,005  $ 121,316  $ 826,258 
Management 116  139 
Companies controlled by management
 144,173  121,177 
Other assets, net $ 533  $ 88,244  $ 16,102  $ 73,463 
Companies controlled by management
 533  16,102 
LIABILITIES
Customer liabilities
 $ 112,701  $ 2,248,042  $ 130,210  $ 1,925,247 
Management 5,243  19,789 
Companies controlled by management
 106,561  110,253 
Other
 897  168 
Margin lending and trade payables
 $ 474  $ 145,804  $ 3,721  $ 122,900 
Management 222  227 
Companies controlled by management
 252  3,494 
Other liabilities
 $ 11,783  $ 61,447  $ 46  $ 30,060 
Management 7,700  — 
Companies controlled by management
 4,074  46 
Other
 9  — 
Three Months Ended December 31,
2023 2022
Related party transactions
Total category as per financial statements captions
 Related party transactions
Total category as per financial statements captions
Revenue:
Fee and commission income $ 30,112  $ 120,159  $ 44,590  $ 80,883 
Management 226  149 
Companies controlled by management
 29,878  44,441 
Other
 8 — 
Interest income $ 7,566  $ 226,445  $ 10,796  $ 80,255 
Management 208  — 
Companies controlled by management
 7,358  10,796 
Net gain on foreign exchange operations
 $ 593  $ 38,825  $ —  $ 20,866 
Management 13 — 
Companies controlled by management 580 — 
Expense:
Fee and commission expense $ 55  $ 42,818  $ 2,304  $ 18,314 
Companies controlled by management
 55  2,304 
Interest expense $ 230  $ 131,223  $ 82  $ 52,037 
Management 62  1 
Companies controlled by management
 160  81 
Other 8  — 
General and administrative expenses $ 1,502  $ 32,106  $ 600  $ 16,428 
Management 226  105 
Companies controlled by management
 1,041  495 
Other 235  — 
Nine Months Ended December 31,
2023 2022
Related party transactions
Total category as per financial statements captions
 Related party transactions
Total category as per financial statements captions
Revenue:
Fee and commission income $ 66,029  $ 330,565  $ 181,396  $ 253,486 
Management 691  382 
Companies controlled by management
 65,322  181,014 
Other 16  — 
Interest income $ 22,650  $ 588,857  $ 21,659  $ 187,817 
Management 512  — 
Companies controlled by management
 22,137  21,659 
Other
 1  — 
Net gain on foreign exchange operations
 $ 5,236  $ 54,430  $ —  $ 30,014 
Management 14  — 
Companies controlled by management 5,222  — 
Expense:
Fee and commission expense $ 235  $ 103,116  $ 2,657  $ 60,068 
Companies controlled by management
 235  2,657 
Interest expense $ 635  $ 365,650  $ 129  $ 132,971 
Management 236 1 
Companies controlled by management
 384 128 
Other
 15 — 
General and administrative expenses $ 9,063  $ 86,211  $ 803  $ 40,943 
Management 397  269 
Companies controlled by management
 8,346  534 
Other
 320  —