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, 2024
Accounts Payable [Abstract]  
MARGIN LENDING AND TRADE PAYABLES MARGIN LENDING AND TRADE PAYABLES
As of December 31, 2024, and March 31, 2024, margin lending and trade payables of the Group comprised the following:
December 31, 2024
March 31, 2024
Margin lending payables
$ 290,387  $ 839,454 
Payables to suppliers of goods and services 13,081  10,525 
Payables to brokers 5,623  157 
Payables to merchants 5,256  13,475 
Trade payable for securities purchased 425  485 
Other 4,271  3,784 
Total margin lending and trade payables $ 319,043  $ 867,880 
The fair value of collateral held by the Group under margin loans as of December 31, 2024, and March 31, 2024 was $1,660,840 and $2,400,361, respectively.