Quarterly report [Sections 13 or 15(d)]

MARGIN LENDING AND TRADE PAYABLES

v3.25.4
MARGIN LENDING AND TRADE PAYABLES
9 Months Ended
Dec. 31, 2025
Accounts Payable [Abstract]  
MARGIN LENDING AND TRADE PAYABLES MARGIN LENDING AND TRADE PAYABLES
As of December 31, 2025, and March 31, 2025, margin lending and trade payables of the Group comprised the following:
December 31, 2025
March 31, 2025
Margin lending payables
$ 500,548  $ 1,290,569 
Payables to suppliers of goods and services 40,878  20,096 
Payables to merchants 8,769  5,982 
Other 7,743  5,594 
Total margin lending and trade payables $ 557,938  $ 1,322,241 
The fair value of collateral held by the Group under margin loans as of December 31, 2025, and March 31, 2025 was $3,551,761 and $4,521,411, respectively.