Quarterly report [Sections 13 or 15(d)]

MARGIN LENDING AND TRADE PAYABLES

v3.25.2
MARGIN LENDING AND TRADE PAYABLES
 3 Months Ended
Jun. 30, 2025
Accounts Payable [Abstract]  
MARGIN LENDING AND TRADE PAYABLES MARGIN LENDING AND TRADE PAYABLES
As of June 30, 2025, and March 31, 2025, margin lending and trade payables of the Group comprised the following:
June 30, 2025
March 31, 2025
Margin lending payables
 $ 953,181  $ 1,290,569 
Payables to suppliers of goods and services 29,610  20,096 
Payables to merchants 4,374  5,982 
Other 5,981  5,594 
Total margin lending and trade payables $ 993,146  $ 1,322,241 
The fair value of collateral held by the Group under margin loans as of June 30, 2025, and March 31, 2025 was $3,641,456 and $4,521,411, respectively.