Annual report pursuant to Section 13 and 15(d)

RESTRICTED CASH

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RESTRICTED CASH
 12 Months Ended
Mar. 31, 2024
Restricted Cash [Abstract]  
RESTRICTED CASH RESTRICTED CASH
Restricted cash for the periods ended March 31, 2024 and 2023, consisted of:
  March 31, 2024 March 31, 2023
 
Brokerage customers' cash $ 366,260  $ 328,435 
Guaranty deposits 97,052  116,628 
Restricted bank accounts 8,079  10,436 
Due from banks
 6,374  — 
Deferred distribution payment 23  23 
Allowance for restricted cash (15,151) (9,994)
Total restricted cash $ 462,637  $ 445,528 
As of March 31, 2024, and March 31, 2023, part of the Group’s restricted cash was segregated in a special custody account for the exclusive benefit of the relevant brokerage customers.