Quarterly report pursuant to Section 13 or 15(d)

RESTRICTED CASH

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RESTRICTED CASH
 3 Months Ended
Jun. 30, 2024
Restricted Cash [Abstract]  
RESTRICTED CASH RESTRICTED CASH
As of June 30, 2024, and March 31, 2024, restricted cash consisted of the following::
 
June 30, 2024
March 31, 2024
 
Brokerage customers’ cash $ 1,099,041  $ 366,260 
Guaranty deposits 81,125  97,052 
Restricted bank accounts 8,161  8,079 
Due from banks 6,167  6,374 
Deferred distribution payment 23  23 
Allowance for restricted cash (15,007) (15,151)
Total restricted cash $ 1,179,510  $ 462,637 

As of June 30, 2024, and March 31, 2024, part of the Group’s restricted cash was segregated in a special custody account for the exclusive benefit of the relevant brokerage customers.