On December 28, 2016, Freedom RU entered into a derivative instrument agreement with a related party which included a call option feature. The gain or loss associated with this agreement is recognized as gain on a derivative instrument in the Consolidated Statements of Operations and Statements of Other Comprehensive Income/(Loss). The Company recorded a derivative liability of $495 as of March 31, 2017. On June 14, 2017, the derivative instrument expired unexercised by the holder, and the Company recognized a gain on the derivative instrument of $482 as of March 31, 2018.

During the years ended March 31, 2018 and 2017, the Company earned commission income from related parties in the amounts of $6,270 and $2,770, respectively. Commission income earned from related parties is comprised primarily of brokerage commissions and agency fees for referrals of new brokerage clients to other brokers and commissions for money transfers by brokerage clients.

As of March 31, 2018 and March 31, 2017, the Company had bank commission receivables and receivables from brokerage clients from related parties totaling $1,055 and $328, respectively. Brokerage and other receivables from related parties result principally from commissions receivable on the brokerage operations of related parties.

As of March 31, 2018 and March 31, 2017, the Company had brokerage accounts with related parties totaling $21,297 and $0, respectively.

As of March 31, 2018 and March 31, 2017, the Company had loans issued to related parties totaling $1,748 and $0, respectively.

As of March 31, 2018 and March 31, 2017, the Company had margin lending receivables with related party totaling $8,889 and $0, respectively.

As of March 31, 2018 and March 31, 2017, the Company had advance received for sale of fixed asset from related party totaling $288 and $0, respectively.

As of March 31, 2018, and March 31, 2017, the Company had margin lending payable to related parties, totaling $81 and $0, respectively.

As of March 31, 2018, and March 31, 2017, the Company had loans received from a related party totaling $99 and $0, respectively.

As of March 31, 2018, and March 31, 2017, the Company had customer liabilities on brokerage accounts and bank accounts of related parties totaling $6,471 and $2,235, respectively. As of March 31, 2018, and March 31, 2017, the Company had restricted customer cash on brokerage accounts and cash on bank accounts of related parties totaling $5,074 and $2,235, respectively.